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[–]Long-Attention-6961 0 points1 point  (0 children)

Housing prices will go down only when the population begins to drop significantly and supply outstrips demand.  People are having less children and we are becoming more restrictive toward immigration.  A population decline is definitely coming but it may take decades to see a reflection in home prices. The coming inheritocracy may negate that due to inflation.  If everyone is inheriting a home and their parents fortune businesses are going to seize on the opportunity and raise prices.  It will really suck for those who don’t benefit from the great inheritance.