More Clues Housing Bottom May Be Near in Sacramento [View article]
The problem with advertising of all forms is that it distorts the underlying market and causes corrections to be worse than they would be without "demand creation" advertising that pushed up prices.
After all, renting has its virtues. Before the housing boom, after World War II, many people who could very easily afford to buy houses preferred renting because it was free the responsibilities of home owning and allowed for easy relocation.
You may simply be looking at the end of the beginning and not the beginning of the end.
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The problem with advertising of all forms is that it distorts the underlying market and causes corrections to be worse than they would be without "demand creation" advertising that pushed up prices.
Sep 29 11:17 am
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All Comments by carey_jim »More Clues Housing Bottom May Be Near in Sacramento [View article]
After all, renting has its virtues. Before the housing boom, after World War II, many people who could very easily afford to buy houses preferred renting because it was free the responsibilities of home owning and allowed for easy relocation.
You may simply be looking at the end of the beginning and not the beginning of the end.