Housing prices plummet

[gatomontes99]

Isn't it weird that prices plummet when demand decreases? Like, who knew that would happen? 

 

[Nationalist]

1 hour ago, gatomontes99 said:

Isn't it weird that prices plummet when demand decreases? Like, who knew that would happen? 

 

BINGO!

[robosmith]

2 hours ago, gatomontes99 said:

Isn't it weird that prices plummet when demand decreases? Like, who knew that would happen? 

 

LYING by OMISSION as USUAL:

Quote

House Rentals Diverge: While apartments are dropping, single-family home rents remain highly competitive and continue to rise due to tight inventory. [1]

 

[Army Guy]

5 hours ago, robosmith said:

LYING by OMISSION as USUAL:

 

Should start using Canadian lumber....

[gatomontes99]

8 hours ago, robosmith said:

LYING by OMISSION as USUAL:

 

I am lying so much that the first two paragraphs of YOUR link confirm what I said:

"You are absolutely correct. The national median asking rent is hovering around $1,379, representing a drop of roughly 1.5% to 2% compared to last year, with some markets seeing declines of over 10% from their pandemic peaks

Why Rents are FallingApartment Oversupply: Developers completed record numbers of new multifamily units over the last several years, creating a surge in available inventory."