Quote:
Originally Posted by Winilyme
As a result of all of this, will we see an increase in new housing starts and existing house sales as the flight into cities reverses? Could this result in an increase of real estate values that are already high?
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Not much.
Peoples savings have dried up. Costs a small fortune even to build a modest house. Zoning gets more and more restrictive every year. Do people actually read and comprehend what they are voting on?
Affordable housing or now renamed workforce housing. No. Not here. More kids in our schools? Some say.
Quote:
Originally Posted by tis
Interesting thought Winilyme. I was talking to a realtor who said lower priced houses are selling like crazy as people are moving out of the cities.
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Lower priced housing always sells no matter what. There really is not much lower priced housing. What if any appears goes quickly if it is livable. In the rural towns anyway.
Recession or depression. Some say. Might be foreclosures coming up. In time. For the bottom feeders.