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With the deed and qualification restrictions placed on most "affordable" housing units this basically makes it like a separate class of housing. Like in stocks, the different classes trade based on their demand and who can buy it. They're somewhat related but generally they wont impact your...

A working model doesn't come from statistics. We can both get all the statistics that we want to prove our case. Statistics help guide us once we have the rules in place. The current trend proves that real estate does have cycles. But I never disputed that. We were discussing valuation of real...

IrvineRenter thank you for the well thought reply. I plan to respond to your points but at this moment I don't have the time to do so. Yet, I did want to express my appreciation for the logic that you brought back into the conversation. I imagine that the person who posed the original question...