But none of my rental basements are near that size - the biggest is just over 600 sq ft. 10K might be high; measure the perimeter wall lengths and multiply the total by the numbers I supplied earlier to see if your quotes make sense.

Meaning, the simple rule of supply and demand is not justified correctly?

In the short run prices should continue to rise from supply demand issues.

Sadly, I have exhausted your supply of new editions.

Unless you are supplying your tenant, I'm not sure how you become responsible for their drug use?

I wouldnt be suprised to find a large supply of vacant and abandoned houses in a place like that.

Our population projections and land available for development keep a steady supply of sellers and buyers and prices remain reachable and profitable.

Reduce your price until the supply increases.

In real estate, we are looking at a demand vs supply factor as well.

While rates are increasing, that implies that the job market is strengthening, so rates may be higher, but if there are MORE people WITH JOBS in the economy, that will provide continued supply for the real estate market.Hard to get a loan at ANY rate if you are unemployed - ya know?