the demand is still there. buying power is still there. people with money still plenty around here. but whether those rich people buying will actually earn we may not know.
Example: I'm staying at a condo. VP at 2013. until today still got lots of units owner did not do anything. not renting nor selling. still in virgin condition. this show that people got money. they just prefer to keep in property rather than putting money in bank.
Oversupply is just beginning, Residential stock data for the 4Q 2016
Apr 19 2017, 12:07 PM
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