Housing is a basic need. No matter how expensive it gets, people still need somewhere to live.Given this truism, it’s no wonder that the populations of America’s so-called superstar cities have stagnated while the Sun Belt’s metropolitan areas have boomed. When a city — or, as in the case of California, an entire state — doesn’t have enough homes to go around, priced-out residents are forced to relocate to other parts of the country.A lack of building in places like New York, Los Angeles, and San Francisco has sent home prices and rents soaring, leading to a plateau or even outright decline in the number of people living in these cities. On the flip side, the populations of relatively housing-abundant, lower-co …
See the full Home Prices article, or, read more Arizona real estate investing news