I noticed that the listings from greater BA areas are all been expanding for the past year or so, realtors adding more and more houses, apartments and lots for sale, I assume the same is the case elsewhere in the coutry, please correct me if i{m wrong. which begs the question of where is the market headed?
Do you guys believe it's all going to sell out and balance out in a timely manner, following classic supply demand principles, or are we entering an overblown inventory buyers marker type scenario? with unions accepting pay hike lesser than inflation, also, people aren't able to buy as many dollars now, the official rate sitting pretty much in par with the blue rate.
if you do believe we are entering oversupply territory, please tell me why is this happening now that macri is attracting a record amount of investment? and launching mega projects?
thanks
