Now that's what I call expertise: the more you borrow, the happier you are.
It’s really about how bagholders affect housing prices. If high-income, high-spending crowds emerge in the area, surrounding industries will quickly raise prices to match their purchasing power.
The saying goes: "Price gouging when you find someone with money." They know you're rich now, so of course they'll take you for all you're worth.
From 80,000 Back to 60,000: How Much Does a Major Tech Company's Relocation Impact Housing Prices?