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A comment on Americans still think they can make money flipping houses. Parent comment

Re:Americans still think they can make money flipping houses by hiptobecubic on Saturday July 09, 2022 @08:56AM (#32034635)
Ok but didn't Detroit like... collapse? Not every city is an economic monoculture of an industry that was offshored.
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Re:Americans still think they can make money flipping houses by smt88 on Saturday July 09, 2022 @01:37PM (#32037444)
A lot of smaller cities are close enough to monocultures. If Disney pulled out of Orlando, for example, the housing market would implode.

Even if only 10% of the jobs are taken by a single company or industry, losing that is sufficient to stop price growth.

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