Why are Home Prices not Falling? - Los Angeles Real Estate Market

Why are Home Prices not Falling? - Los Angeles Real Estate Market

D
DollarHomes
1 Video View·Jan 10, 2025  #homeprojects #business

#homeprojects
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Why are home prices not falling, despite high interest rates, lower sales, and buyer's loosing 25% of their purchasing? In this video we discuss how property tax policy (proposition 13), higher interest rates, and low home construction activity is preventing big price drops in the Los Angeles real estate market.