Real Estate & Home

'Doomsday' myth: Real reason home prices can't fall far

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Property mogul Nathan Birch asserts that fierce competition for budget-priced homes is preventing median house prices from falling significantly. This intense demand at the lower end of the market, coupled with construction cost increases, stabilizes property values despite economic challenges. Developers and tech professionals should monitor these trends to understand potential shifts in housing affordability and investment opportunities.

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'Doomsday' myth: Real reason home prices can't fall far

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