It's nothing more than simple supply and demand at work. Real estate suffers from being one of those markets where its very hard to create more of it (you can build taller buildings or build new cities, that's about it).
The reason real estate is so stinking expensive in huge parts of California is because so many stinking people want to live in those areas.
It's nothing more than simple supply and demand at work. Real estate suffers from being one of those markets where its very hard to create more of it (you can build taller buildings or build new cities, that's about it).
The reason real estate is so stinking expensive in huge parts of California is because so many stinking people want to live in those areas.