As long as the demand is high and the supply is low there will be growth in home pricing as well as an increase in new builds to accommodate.In areas where appreciation has been more speculative and the market doesn't have the economic drivers to keep going, I believe there will be major corrections.

Still goes back to supply and demand economics.

Economic conditions contribute - if the wage base of the population is under what homes are selling for, it also pushes more people into rentals. 

If it is feasible and economical, the sister refinery in my town will do the same conversion.

I have an economic 2021 outlook from one of our economists that I can share with you.

A lot of times, this can be a more economical solution for creating that second form or egress.

Today, America is not that different.”I've done a small amount of research into the topics talked about, as well as how FinCEN operates, and it's interesting.So my thought that I'd be curious to hear your opinions on:  What are the chances that "those in the know" are "laundering and stashing" money into real estate due to knowledge of a massive impending economic collapse, and that is essentially what has kept this market propped up as long as it has into this COVID crisis?

There's a lot of speculation about a housing crisis in 2021, I've read some articles that predict absolute doom and gloom while others seem a bit more optimistic.

Would appreciate your insights very much.In exchange, I can offer in-depth insights and great contacts for investing in Tbilisi, which is for me one of the top places to invest at the moment (just bought something there during the crisis).Best, Andreas

If you're looking for slightly less risky tenant areas, you could also consider Longmeadow, right across Forest Park—or Northampton and Amherst, which are more stable economically.