the real estate crash of 2020
|November 30th, 2017 at 11:59:43 PM permalink|
Member since: Oct 24, 2012
I am leery of tying home prices to demographics. I remember reading an article in the WSJ that I took to heart in the mid 1980's after the big crash that swore the home price increases of the 1960s-1970s would never return. He based his theory on the massive drop in fertility rates in the 1970s after oral contraceptives became widely used.
Of course that article become a joke in the late 1990s when house prices took off with no discernable demographic change in the USA.