In America it's relatively easy to move out so if you can't meet that bar it's seen as weird. In other countries it can be more difficult to so there's less pressure.
There's so much credit available for developers to build housing that it's widely available and affordable. Many countries do not have that kind of financial market.
where I live desirable malls are always packed and there is a steep cutoff to ghost town. in fact the ghost towns have existed for so long most are demolished or in the process of.
I can't speak to a wide area, but where I live in the US, the flu is definitely not dead. Despite wearing a mask, keeping socially distance and basically not traveling except when essential, I caught type B of the flu, and my doctors told me they've had a shocking number of flu cases.
They seemed to expect to see fewer, too, but have observed the opposite.
That's a good point, my local pharmacist said that sales of cold and cough syrup has been down significantly, almost non existent, since our city has had lockdowns.
Does housing really depreciate like that where you're from?
I don't see that at all where I live.
I also don't see middle income expecting all new everything. They can't afford it. They can afford a house from the 70s or 80s that needs some TLC. The ones from the 50s and 60s cost over a million bucks because of location and lot size.
There's always new construction available way far out at a middle income price range, there's no history of depreciation there because way far out is a relatively new thing. The previous way far out are those 70s and 80s houses I mentioned above. With the 90s and 00's in between.
yeah 14 years.. our HOA is required by TX state law to collect revenue such that it can replace the roads every 30 but I have a feeling they will last 50+ given my previous neighborhoods.
May be why the service failed, the athletes can do that. Or maybe that's what the service was needed: when you sign as a free agent or get traded there isn't any charter plane heading to your new destination; it's up to you to get there.
I wanted to post the same comment but was afraid of the wrath of pet lovers. I have the same concerns regarding pet phobias and allergies.
And to your point about pet sitters or boarding. My family did not choose to get another pet at some point while I was growing up because the cost of boarding while traveling was just too much.
I wish pet culture would be dialed back a few notches on the dial.
There's so much credit available for developers to build housing that it's widely available and affordable. Many countries do not have that kind of financial market.