I would expect, out of my ignorance I suppose, that real estate would be one of the worst investments to make. You and your property value is at the mercy of the local government and school boards— to them your a tree to prune once every year. Another thing: Trump ended the interest deduction there is less incentive to buy.
Of course maybe they realized that no tax incentive would be needed back in 2017.
This must be about the three rules of real estate—location location location. It must be time to get out of the blue states —something is liable to happen.
The cost of new construction is going through the roof. Contractors can’t get the supplies they need so the price of a new house is going way up.
The price of existing houses with go up too