I'm not sure if demographics matter that much in this case because he's looking strictly at price increase, as far as I understand. Overall, the prices are three standard deviations from the mean, meaning they're way out of whack and will drop back to that historical average. Nationwide, that means something different and rural housing prices typically aren't subject to the same levels of volatility.
And yeah i suggest in the piece and support as a person muuuuuuuuch more direct help and ending QE.
thanks for the read and the words, J!