05-20-2019, 09:17 AM
(05-18-2019, 11:07 AM)AspieMillennial Wrote: When a lot of the owners are dying off and they can't be sold for the ridiculous prices? Any idea what will happen based on the last fourth turning? Housing trends seem like a hyper version of a 3T even though we're in the 4T.
Most of them were/are poorly constructed in areas with poor infrastructure. The exurbs will be swallowed up by rural revival. I foresee a time where a single mcmansion may remain standing while the picket fences and suburban lawns are ripped up for growing vegetables while the rest either decays or is asset stripped.
In the near suburbs they will be chopped up into multi-family housing much like the old Victorian houses were last time around in the inner cities.
The key question is will the 1T attempt to repeat the last or will there be political will for vital infrastructure improvement.
It really is all mathematics.
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