We know that the real estate market is just that a market. We also know that rents have risen . We also know it costs more to acquire property and build. We also know there will be more demand.

So it makes sense that prices will rise in the future. The question is not will they rise but by how much.

 

If you are thinking like an investor, you need to apply the same principals to future financial decisions.

 

If you are thinking like a buyer you may want to ask yourself if you are willing to pay higher prices down the road  and what increase in income you will use to pay for those increased prices.

 

http://www.msn.com/en-us/money/realestate/why-the-housing-market-could-keep-rising-for-years/ar-AAj6z08