Depends whether your view is short term or long.
| | Are the Suburbs Booming? | Mary Jo says that where she lives in suburban Atlanta, "Realtors are constantly on the local message boards asking people if they are thinking of selling because they have buyers but nothing to show them." People are desperate to buy, but all the baby boomers in those houses are in no hurry to sell right now. But as I wrote on MNN for years, you have to look at the demographics, and in a decade or so when those boomers have to sell, will there be anyone who can or wants to buy? There are so many things going on here, including a big kick in the butt from the coronavirus. | |
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