Why does real estate remain relatively strong in some countries? Likely because savvy investors either want to live there or believe others will.
Real estate prices in California are at their peak, and while the media might anticipate a housing crash, it's unlikely. With large amounts of money needing a place to go and states like Florida enacting xenophobic policies that deter investment, California remains an attractive option.
[1] [NAR Realtor Blog](https://www.nar.realtor/blogs/economists-outlook/the-share-o...)
[2] [CNN](https://amp.cnn.com/cnn/2024/06/17/homes/florida-law-bans-ch...)