Real estate market is local# Living
p*l
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Without that understanding, any real estate bubble theory is just joke.
There are still two importance questions left: when and where?
As shown in the pic, in the last real estate cycle, Boston peaked in 1986,
while Los Angeles peaked in 1989; while Los Angeles was appreciating at 20%+
in 1989, Austin was depreciating at 20%+; while Los Angeles was
depreciating at 10%+ in 1994, Salt lake city an Austin was appreciating at
20% and 10%.
Bubble? What bubble? which area are you talking about?
There are still two importance questions left: when and where?
As shown in the pic, in the last real estate cycle, Boston peaked in 1986,
while Los Angeles peaked in 1989; while Los Angeles was appreciating at 20%+
in 1989, Austin was depreciating at 20%+; while Los Angeles was
depreciating at 10%+ in 1994, Salt lake city an Austin was appreciating at
20% and 10%.
Bubble? What bubble? which area are you talking about?