[TrapLord_Rhodo]

This is plain false. I would love a zillow link to show one single example of a house in 2008 being worth more than it is today. Housing in most of the US is up 20-40 % in the last two years alone and the crash in 2008 was around 20-40%.

[ypzhang2]

This is trivially easy: this home was sold in 2007 for 2.9m and was just recently solid for 1.8m 7 months ago. Top of market took a huge beating in 2007-2008.

https://www.zillow.com/homedetails/162-N-Wynstone-Dr-North-B...

[TrapLord_Rhodo]

Your trivally easy remark seems handpicked. look at some of the other homes in that area. None of them have performed like that.

Take a look at this one: https://www.zillow.com/homedetails/610-Signal-Hill-Rd-North-...

[silpheed5]

Depends on the area. The bay area home prices started to exceed the 2007 bubble prices around 2015 and are well above the old peak still. https://www.bayareamarketreports.com/trend/3-recessions-2-bu...

[inferiorhuman]

I'd start by looking at places that had huge real estate bubbles like Las Vegas or are far enough away from anything interesting (like all the shitty Bay Area suburbs).

For a lot of not great reasons I've a condo in one of those shitty Bay Area suburbs. Four units in this complex were listed for sale this year. Two sold for a bit under 500k, and two are still asking well over 500. So yeah I'd say the upper bound currently is $500k. Pre-COVID prices were in the low 400s.

I've checked out the property tax bills for my neighbors, and, yes, some have an assessed value of well over $500k. They've been underwater for about a decade.

[lobocinza]

If something is down by 20-40% it should be up by 25-67% to return to it's initial value.

[TrapLord_Rhodo]

there was more than 2 years in between 2008 and this year.