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Tuesday, April 11, 2017

Staying Put

I disagree with this conclusion.  I think Millennials are still renting because this extreme limited inventory is driving prices up.   Affordability and availability are the issues.  We are in a vicious circle where older Americans aren't down-sizing because there is no place for them to go, therefore many are retiring in place. 
 Growing families aren't moving because there is no place for them to go. 
 This in turn compounds the availability of homes for sale...driving prices up...