Re:San Francisco braces for commercial real estate crash
by justapassenger on Tuesday September 06, 2022 @04:00PM
(#32742459)
> "Housing is an investment that should only go up in price" will eventually kill any market
While I do get your point, it also has been generally true, for most modern cities for a long time (excluding short term fluctuations). Prices will go up as, as long as city is desirable to live in.
It holds true, long as cities don't collapse, which policies that lead to increasing prices of housing also can contribute to, by making city not desirable to live in.
While I do get your point, it also has been generally true, for most modern cities for a long time (excluding short term fluctuations). Prices will go up as, as long as city is desirable to live in.
It holds true, long as cities don't collapse, which policies that lead to increasing prices of housing also can contribute to, by making city not desirable to live in.