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160   blowmeironvagina   @   2016 Apr 20, 12:58pm  

justme says

Just for starters, what was it about the word "nationally" that went over your head?

there is no "national" real estate market, there are thousands of local markets.

MANY areas are showing low inventory, and all that needs to matter to you, is your area.

Miami condos on the other hand , are up at like 13 months inventory, and prices are likely to soften over the next year. Either that number will come down, or prices will enter a sustained fall.

Don't worry, logjam will be along to post some graphs and charts and thesis that look negative for the market, and you can stay in your delusional bubble. I will continue making shitloads of money from houses.

161   _   @   2016 Apr 20, 12:59pm  

Demographic economics is getting better, in time these kids will come, still way to young.

Ages 21-26 are the biggest in America, ------> this is the best thesis for pent up demand... not this cycle but in a few years

Supply of properly aged buyers

Just like 1996-2007 demographics with prime age labor force growth

162   _   @   2016 Apr 20, 1:01pm  

blowmeironvagina says

MANY areas are showing low inventory, and all that needs to matter to you

This is true, many areas have low inventory, especially higher priced areas,

= Selling Equity Thesis is in those areas...

Move up buyer is chasing a higher priced home so you run models on how much equity is baseline needed, if you want to use the outdated affordabity index

164   _   @   2016 Apr 20, 1:17pm  

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