From
Of Two Minds
Here's a partial list of commodities that are in Overcapacity / oversupply:
1. Overvalued assets
2. Overpriced income streams (as income craters, so will the asset generating the income)
3. Labor: low-skill everywhere, high-skill in sectors experiencing systemic collapse in demand
4. AirBnB and other vacation rental properties
5. Overpriced flats, condos and houses
6. Overpriced rental apartments
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Because I am a long-distance cyclist, I'm seeing an explosion in the building of housing (of all types) being built west of TV.
Why will people spend the big bucks for a "Loft" apartment when apartments and rentals will be available within a short drive to all the Village's squares, shopping, restaurants, etc.