What factors contribute to the high prices in California's real estate market?
Coldwell Banker CEO: Foreign High-End Buyers Retreating
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The video discusses the real estate market in the US, focusing on expensive markets, particularly in California and Silicon Valley. It highlights the impact of location on real estate prices and examines trends in luxury markets. The video also explores price trends in various cities and the emergence of new urban markets, driven by millennial preferences for walkability and culture.
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5 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
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2.
OPEN ENDED QUESTION
3 mins • 1 pt
How does the tech boom influence the housing market in Silicon Valley?
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3.
OPEN ENDED QUESTION
3 mins • 1 pt
What are the characteristics of '18-hour cities' mentioned in the text?
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4.
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3 mins • 1 pt
Discuss the changes happening in the ultra high-end real estate market.
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5.
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3 mins • 1 pt
What is the significance of location in the real estate market according to the text?
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