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by SoftTalker
40 days ago
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Supply of housing has not kept pace with population since then. So you have more people chasing relatively fewer houses. Also compare a 1960s or 1970s house to one built today. Today's houses are bigger and much more luxuriously appointed, with gourmet appliances, stone countertops, multi-head showers, walk-in closets, huge bathrooms, etc. Once the boomer generation dies off or goes into assisted living you'll see a lot of those 1970s houses coming back on the market. |
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