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The Water Cooler
General Discussion
Attention Financial Prognosticators!
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<blockquote data-quote="SlugSlinger" data-source="post: 3511541" data-attributes="member: 7248"><p>I have no doubt, I would rather have of a bunch of Parks 788 here to help squash the liberals already present.</p><p></p><p>However any increase in demand, especially new demand with a finite supply, creates pressure on prices. Couple that with the market forces mentioned, with record low rates in a real estate market that is cheap comparatively to the rest of the country, and the value of the dollar dropping dramatically, its the perfect storm for real estate. Like I mentioned, my neighbor put his house on the market well over $100K over the 2020 appraised value. First car in the driveway was from Minnesota.</p><p></p><p>I think people from the blue states are going to be shocked when they get here and see the job market cannot provide the wages they may be used to. This is one reason real estate seems cheap here. The cost of living is low here because wages do not support the higher costs.</p></blockquote><p></p>
[QUOTE="SlugSlinger, post: 3511541, member: 7248"] I have no doubt, I would rather have of a bunch of Parks 788 here to help squash the liberals already present. However any increase in demand, especially new demand with a finite supply, creates pressure on prices. Couple that with the market forces mentioned, with record low rates in a real estate market that is cheap comparatively to the rest of the country, and the value of the dollar dropping dramatically, its the perfect storm for real estate. Like I mentioned, my neighbor put his house on the market well over $100K over the 2020 appraised value. First car in the driveway was from Minnesota. I think people from the blue states are going to be shocked when they get here and see the job market cannot provide the wages they may be used to. This is one reason real estate seems cheap here. The cost of living is low here because wages do not support the higher costs. [/QUOTE]
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