|
IMO, you might see a small dip here and there throughout the years, but i dont see it coming crashing down in most areas.
for example, here in colorado, there is an estimated million unit shortage. It is going to take either a massive migration out of state or a massive increase in production to make up that difference.
I think back 5 years or so when Colorado's RE market was skyrocketing and people were speculating that we were in the bubble and it was going to stay stagnant or drop. 5 years later, my house has doubled in value and houses in my area are selling within a week at these values.
|