Quote:
Originally Posted by mhays
These factors aren't about everyone suddenly deciding to leave. They're about influences.
In commercial real estate, the term "headwind" is common. A few degrees of added heat in Phoenix would be a strong headwind. The need to put your house on stilts in Miami would be a headwind, as would the taxes to raise streets a few feet. Or the seawalls around other coastal cities.
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Phoenix is in the middle of a desert with limited access to water. Miami is a low lying coastal city prone to tropical storms. The 'headwinds' were always there but most people chose to either ignore them or deal with it.