However, unless there is another population boom on the horizon (which really seems unlikely at present). Property speculators must have their doubts.
This combined with climate change and it's ability to change the landscape (literally) makes it getting harder to predict where people might actually want to live.
For example, I visited Scottsdale, Arizona not long ago which is going through it's own mini-boom at the moment. Will that be a nice place to live in ten years with rising temps? One would have to ask the question? Would people still pay huge money to live in Tahoe with poor snow quality and lots of bush fires in summer?
This combined with climate change and it's ability to change the landscape (literally) makes it getting harder to predict where people might actually want to live.
For example, I visited Scottsdale, Arizona not long ago which is going through it's own mini-boom at the moment. Will that be a nice place to live in ten years with rising temps? One would have to ask the question? Would people still pay huge money to live in Tahoe with poor snow quality and lots of bush fires in summer?
You did say there's too many variables :)