Quote:
Originally Posted by STLRAY
Can TV home prices continue to rise at double the rate of income growth for much longer? With the youngest of the boomers about to retire and the oldest of the boomers reaching the age of their average life expectancy will demand decline enough to slow the rate of price appreciation?
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yes they can. Because TV is a small regional pocket, and not the national average(s). There are many factors which can cause a local / regional difference, climate, taxes, security, demographics to name a few. The question should not relate to income growth, because mostly retired people not buying with income money, as a generalization. So your correlation is not really relevant, both in stock to flow and regional vs nation.
sportsguy