Quote:
Originally Posted by Bill14564
Demanding legislation that will result in vacant homes, an increase in homes on the market, the loss of property rights, increased restrictions and higher taxes just doesn't sound like a path to increased home values.
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hoping for / looking for increasing house prices isn't the goal you really want to have.
substantial increases greater than general inflation brings its own issues, including increases in insurance rates greater than inflation, potential increases in tax rates, inability for support/service labor to live here, and you can't spend it to pay for bills. . .
Colorado Ski Town Can't Fill $167,000 Salary Job Due to Housing Costs
I don't get the goal for increasing one's economic shelter costs or illiquid asset value unless you can monetize it easily and cheaply. excessive Increases in house value is just an ego massage, as its expensive to monetize it to pay bigger bills.