$350k homes will be $150k again if that pos lying chameleon Biden gets elected.
$350 homes are gonna be $150 again regardless of who gets elected. The damage is done. We’re in a deflationary state right now waiting ing until after September to come about in into inflation. Trump is good, but he can’t undo the fiscal irresponsibility of 7 presidents.
The problem is those $350k homes probably are worth $150k
Agreed. What goes up, must come down. The longer we put off the natural down cycle, the harder and deeper it will be.
Value is in the eye of the beholder and ultimately determined by the marketplace. With all of its failings, the MLS is close to a pure marketplace.
Unless the beholders have been hoodwinked by being told real estate
never goes down and bases their entire budget on the belief that their house will be worth more when they go to sell.
That said, demand for occupancy is my playground. Given the demographics of south FL, white flight from northeastern liberal schitholes, and perpetual immigration from south of south of south, all I see is uptick.
Until you don’t. 1929.
