san francisco: Its housing market is starting to feel a bit strained, according to Market Watch. As an academic who grew up there put it, Prices here began to take off and within a few years were growing at annual rates of over 15%, after the housing crisis bottomed out. Consider a trendy city, beloved by tourists and home to a thriving economy and plenty of industry. Sound familiar No, it's not San Francisco nor is it New York, or even Austin, Texas. And more recently the rest of the country has followed this trend, albeit at a slower pace, which means that house prices are now rising everywhere, he added. A similar story can be told about other large cities in the Netherlands, writes Klaas Knot, the hometown boy, in a recent paper.
(news.financializer.com). As
reported in the news.
Tagged under san francisco, housing crisis topics.