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Originally Posted by Yakk
...There seems to be a lack of tools to "short" the housing market. If I believe the price of real estate in an area will go down, is there anything I can purchase that will allow me to profit if I am right?
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I really hadn't thought about that. Good point.
Remember that the local housing market is very dependent on the local labour market. I hear houses in Labour Shortage areas (Fort Mac, Leduc in Alberta) are absolutely insane (rumours of 250k for a 5th wheel trailer, holy shit)!
When a mill/factory/big business pulls out of a community, that will fucking kill the realty market in a community.
Hmmmm. How to "short" the housing market. You have officially stumped me. Good job.
