Single family homes with large lots will retain their values w/ RE market crash
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Date: April 18th, 2018 4:19 PM Author: ruddy appetizing dopamine milk
but obviously only in large cities like LA, SF, NYC
all new construction these days is condos and flame HOA communities with tiny "houses" as land in these cities becomes ever more precious. these dwellings use poor build quality, shoddy construction, and you have a lot less flexibility
if you have a large 4 BR place on a ~10k+ sq ft, you should be fine in the long-run
(http://www.autoadmit.com/thread.php?thread_id=3953097&forum_id=2#35869156) |
Date: April 18th, 2018 4:51 PM Author: Vivacious Antidepressant Drug Giraffe
true. two types of housing are made today: multifamily in the urban core, and single-family with lots of land in the outer ring suburbs.
supply of single-family houses with land in the urban core is stable or slightly decreasing. even if demand stagnates, they won't lose value. but demand will probably grow somewhat.
(http://www.autoadmit.com/thread.php?thread_id=3953097&forum_id=2#35869375) |
Date: April 18th, 2018 5:23 PM Author: Sticky halford
There are a LOT of large boomer-occupied homes on the farthest edges of those cities that will get clipped really hard.
The boomers will eventually vacate those places either through dying off or downsizing and working age people aren't going to buy in to a godawful commute.
Some 4000 sqft spread in Santa Clarita is not gonna fare well.
(http://www.autoadmit.com/thread.php?thread_id=3953097&forum_id=2#35869581) |
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