Well and good, but Forbes then makes a leap… “Their answers also apply to the residential market, since the single-family-home sector typically follows the economy. As wages go up and there are more jobs, more people can buy homes, pushing prices up.”

There are plenty of examples where the commercial and residential real estates markets do not operate in sync, and if it’s all a matter of the economy, why not just look at the employment trends?

I can tell you which cities are best for long-term residential real estate values, and they are the places with the best quality of life. Understandably, these are the places that are associated with a growing creative class. People will continue to move to and invest in cities that are interesting, vibrant, challenging and welcoming.

Best, Bert