It would be healthy for the U. S. housing market if the rate of price appreciation slows and gives income growth a chance to catch up to it, like we've seen in areas like Boston,
More Quotes from Nicolas Retsinas:
There are parts of the country, particularly the two coasts, where the price of housing has so outstripped any income gains that moderate wage earners find it difficult to find a decent home in the community where they work.Nicolas Retsinas
It is unprecedented. It is one more option for people who have fewer and fewer options.
Nicolas Retsinas
When it comes to the current state of housing, there are some signs of a slowdown, but they are very ambiguous signs, ... It's not clear, and it's not overwhelming.
Nicolas Retsinas
We are taking one step forward and two steps back as gentrification in some neighborhoods and continued deterioration in others leads to the removal of vitally needed lower-cost rental housing.
Nicolas Retsinas
This is really quite a time. It is a remarkable time,
Nicolas Retsinas
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