The Rising Influence of Rising Affluence

[semi_infinite]

Prices are going down in SF bay area where I am visiting. It will go from extremely unaffordable to barely unaffordable. I have not seen full page ads (with link to property website) dedicated to lower priced property in a long time. Probably the last time was coming out of the subprime debacle. Even a summer ago, a well located place will get multiple bids before a listing even makes into the ads. It is also very difficult to find labor to do basic maintenance and repair work. I don't know how long this anti immigration mind set goes on before people realize that those people contribute work and money to the economy. Amazon felt it, I expect WMT will feel it too. Base material costs going up too and that impacts finished materials that go into buildings.