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by s1artibartfast 744 days ago
I agree expansion is an influence, as it impacts just about everything. It you look back to my core point, it is that the factors driving real-estate prices are unlikely to reverse in the short term, and certainly not enough to cut prices like the proposed 50% of price.

You would have to have major declines in the first 4 factors I mentioned. good luck unwinding worker salary, population, cost of materials to that degree.