[jplusequalt]

I don't buy this at all. There are shoddy houses in my area that were sold in 2021 for $100k that are now on the market for $250k in 2023. We're in a bubble.

[Tade0]

Looking at China's experience, we're in a situation where demand is increasingly coming from investments.

HouseCoin if you will.

[toomanyrichers]

This:

> There are shoddy houses in my area that were sold in 2021 for $100k that are now on the market for $250k in 2023.

Does not imply this:

> We're in a bubble.

[wing-_-nuts]

When things get to the point where the average person living in a zip code cannot afford to buy a house in said zip code, it usually is.