Inverse Real Estate Market Trends
Hi All,
I'm wondering if anyone out there has seen an inverse trend between any two types of real estate? Single family and multi-family seem to trend together for the most part -- when single family home prices rise, demand for apartments seems to rise as well because some cannot afford to buy. This relationship seems to cause them to trend together in my opinion, though this may not be the case in every market.
I'm wondering what tends to do well when multi-families start to drop off and vice versa. Any thoughts?