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The third time Drew Mena’s manager asked him about relocating to Austin, Texas, he and his wife, Amena Sengal, began to seriously consider it. They had deliberated each time before, in 2017 and 201…
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#aggressive #asset #budget #cabinet #crisis #deliberating #housemortgage #housing #houston #inventory #kitchen #landlord #management #mortgage #normal #pandemic
Aaron Prem's curator insight,
November 19, 2021 4:56 PM
Whatever this "normal" the author is referring to, it will probably not be realized. The price of real estate will, like other prices, return to a "normal" or pre-pandemic level, but real estate itself will continue to differ from past trends. With the effect of climate change, the environment will continue toying with prices and quality. Droughts in California have gotten worse which will affect the demand of real estate as well as New England becoming wetter. Even in my own neighborhood, which once had a sizable canopy, my neighbors relentlessly engage in toppling down many of the greatest natural assets to a property which require decades or, in some cases, centuries to return to the "value" at which they once were.
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