Some economists estimate we are some 5 million housing units behind the demand.Home building recovery is just now gaining momentum, but is not expected to catch up to demand until something happens to dampen demand in a major way.So, you need to examine housing valuation to see what is driving it: supply vs. demand or is demand being stimulated artificially by availability of lending like it was in the run up to the crash.Hope this helps ...

San Diego is still seeing an all-time low in inventory (Supply), and interest rates are still at an all-time low (Stimulating Demand). 

Love this good conversation stimulating post.

This is done to mitigate a down economy, to stimulate.

We also offer a limited listing for $500 for 6 months to our sophisticated sellers, but that's largely just a way to try to help stimulate more inventory to market and hopefully a way to get the jump on properties for our buyer clients. 

There is a letter that was sent to the campaign which refers to an analysis:Letter: https://www.1031taxreform.com/fea-sends-letter-to-biden-campaign-regarding-the-importance-of-like-kind-exchanges-in-stimulating-the-economy/Analysis: https://www.taxpolicycenter.org/model-estimates/former-vice-president-bidens-tax-plan-march-2020/t20-0074-former-vice-presidentThe analysis makes mention of "certain tax preferences for the real estate industry," which one can assume is 1031 exchanges, but might also be depreciation, TPR, changes to passive income treatment, etc., but cites no sources.   

Everything else stimulates the local econony.

@Jerry Puckett promotes a kiss me approach which offers a great awareness for those prospects who are motivated by a stimulation that serves their desire.

And I am not saying you should lower it to $180, but if you are looking to get it sold and you lowered it to $189 that would probably stimulate a lot of interest.  

The govt has been artificially stimulating the economy through QE for a long time.