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Old Posted Mar 28, 2022, 3:28 AM
llamaorama llamaorama is online now
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Join Date: Oct 2008
Posts: 4,027
I can only imagine that for high cost cities, the answer would have to be reduced household sizes and fewer children and roommates, right? It wouldn't make any sense for home prices and rent to be sky high if there was no demand, right? And there would no across-the-board housing shortage if cities were getting less dense in terms of households.

There's probably a point where these types of declines in otherwise healthy cities will slow or stop. Once most of the old building stock turns over.