Every other period in time, land closer to downtown has been worth more than land farther away, so this is more like a reversion to the historical norm than an anomaly.In terms of financing creating artificial demand, sure, it happens, but demand will always exist regardless of interest rates.

In concerns the improvement of the exterior or interior design, artificial turf provides a beautiful and minimal-invasive solution. But that is not the end of it as not all artificial grass is the same. It is therefor...

Google LLC announced Aug. 15 plans to invest more than $1 billion in Texas this year, its latest strategic goal focused on supporting cloud and data center infrastructure.Some of that investment will go directly into the technology giant’s data center campuses in Red Oak and Midlothian, both south of Dallas, which are helping the company meet the increasing demand for cloud and artificial intelligence services.

@Jorge RuizThat is a matter of opinion, and your read on the future growth or demise, currently i am a bit pessimistic on the market, cycles tend to be approx 9 years, and we are in year 9, the stock market is at an all time high (artificially inflated,IMO) and consumer confidence is quite high,  consumer debt is rising, again, and banks are getting loose, home buyer demand is high, and Charles Schwab is having a huge influx of new brokerage accounts.

Is $134,900 the market value of the house, or was it an artificially inflated listing price? 

I think the prices are artificially constrained because of the inability to develop new housing stock to meet the demand for housing. 

>Appreciation means nothing to me as I'm not selling and I don't do 2nd mortgagesI have only one property with a second and that is because the second loan is artificially low (it is at 3%). 

Without that property values may rise faster than they have been.I think the real issue the last 2-3 years is that tax assessed value was kept artificially low during the recession, and did not reflect market value. 2-3 years ago, after appreciation had already started to take off, there was a shift in philosophy to raise the tax assessments to market.

If you're worried about the 1% rule (and it's not a great metric, imo) it sounds like current rents are artificially low and can be raised whenever leases expire. 

Of course there are other avenues of finance including commercial mortgages, portfolio mortgages and private mortgages not encumbered by some artificial and arbitrary "number".