 Quote:
Originally Posted by FUEGO
30 years is a long time. I dunno - greenbelts around cities. Growth/construction moratoriums. Water runs out - no new construction. Gas hitting $10 or $20 a gallon, making city center housing go up. Etc etc
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Those are good reasons and people should be aware of them but those events are most likely slow in coming. And won't the increase cause more people to go to already high appreciation areas when the price difference is not as great thereby causing those areas to appreciate even higher?
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