The Residential Real Estate Crash Index Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Residential Real Estate Crash Index

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: GraceZ who wrote (16121)	1/16/2004 2:24:56 PM
From: gpowell	Read Replies (2) of 306849

The difficulty is determining if there are structural shifts. I do trust the market to accommodate these shifts without individual awareness. Most of the time these shifts are seen only in hindsight. There was such a structural shift beginning in the 70’s in California RE – that shift being a preference for open space verses growth and then later in the decade as prop 13 placed caps upon property taxes. Thus, a change in preferences and the tax code resulted in shifts in supply to larger, more expensive, homes in lower density communities, while, demand rose driven by a rising population and income.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next