Quote:
Originally Posted by Tervuren
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I'm fairly certain the real driver is a spike in demand, the long bull market has people buy crazy.
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I don't think it's market related....the housing debacle of a decade ago just took years to recover from....nothing new was being built around here until 3-4 years ago, and it's been steadily increasing since...everywhere I go. Pent up demand....and you know what....people are still addicted to cheap credit....which sucks
. I'd bet most of the new buyers are still mortgaged to the max....it's the new American way....