Earlier quoted context omitted.
I would rather live in the woods and hunt for food...
only you can't, because civilization has decimated the population of wild animals.
I think it is still possible, at least in the USA and Canada.
Rents are plunging in the most expensive U.S. markets
351–352 of 352 posts
Re: Rents are plunging in the most expensive U.S. markets
#352Earlier quoted context omitted.
seattle has more growth counted in the number of construction cranes than any city in the us. prices of standlone houses seem to be increasing, apartment pricing is less clear, but this article seems to know.
Not trying to be dense, but possibly succeeding: why does this indicate that Seattle's price growth is sustainable? If Seattle builds too many apartments with those cranes surely the growth in prices will collapse (homes seem to be supply constricted and to some degree a lack of supply has dampened demand, but this might change if condos became very affordable). Alternatively, if Seattle builds out too little then pr…
You are right, current growth doesn't mean sustainable. I'd look at the example of the bay area and the endless growth there. Seattle is cheaper, less dense, has all the same pieces, allowing for lots of growth to catch up to that level.