Strongly disagree. That is an additional factor, but doesnt change most of the factors I mentioned. It doesnt change population or urbanization. It doesnt change the cost of labor or materials.
Underutilized RE is a red herring.
As long as construction costs remain high, supply remains low, and there are enough buyers that afford the price, you wont see changes.
Underutilized RE is a red herring.
As long as construction costs remain high, supply remains low, and there are enough buyers that afford the price, you wont see changes.