Certainly real estate is local and that can never be overlooked. Not everything is going to experience the same market moves.
In the US, I predict the Northeast is screwed starting in the next couple years. This is because the Boomers are going to be moving out and they do not capture the younger people.
Warmer states, since Boomers do not want to shovel snow, are going to see an influx.
So that will add some stability to those areas.
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Agree. There will be pockets of cities and neighbourhoods that will go anti-current.
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