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Reply to "When Will Crime Start Affecting Prices?"
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[quote=Anonymous]Supply is still way too constrained for there to be real price decreases. And even if the price gets knocked down by 10%, you're still at +15-20% over the pre-pandemic prices. In short, crime can go bananas and prices won't come down enough in cities to make it affordable to the middle class. The White Flight of the 1960s was enabled by affordable, close-in, new construction suburbs where there was plenty of land to develop cheaply. That cheap land doesn't exist today.[/quote]
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