Which is why it’s worth taking a look at what’s happening over in r/REBubble, a subreddit dedicated to discussing and investigating the “current US housing bubble.” It is not quite like WallStreetBets. There’s no gleeful loss porn of trades that went wrong. Instead, there are lots of posts about ridiculous house flips and some genuine concern over the future of homeownership in America as house prices refuse to move lower.
But what it does have in common with WSB appears to be a burgeoning form of collective action aimed at bringing home prices down to more affordable levels.
But what it does have in common with WSB appears to be a burgeoning form of collective action aimed at bringing home prices down to more affordable levels.