I get what you're saying, BB, but keep in mind all the crossover transactions that require little or no borrowings/mortgages, which cancels out the dynamic of affordability. More and more I'm seeing a case for the tale of two RE cities - up-market RE and the low end, which may be affected by affordability. But of the latter there's always the chance that investors/slumlords will take up the slack, given the outrageous level of rents being attained.
I'm not saying the above will go down that way, given none of us has a crystal ball, but it's pointing in that direction - until it doesn't.
- Forums
- Property
- Real estate is not rocket science
Real estate is not rocket science, page-5
- There are more pages in this discussion • 20 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
SS1
SUN SILVER LIMITED
Gerard O’Donovan, Executive Director
Gerard O’Donovan
Executive Director
SPONSORED BY The Market Online