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by skywhopper 882 days ago
That’s 7-10% price growth per year. How is that not ridiculous?
1 comments

Bay Area housing has been increasing at about 7% per year for about 40 or 50 years.
And the Bay Area is the outlier everyone points to when talking about absurd housing markets.

So, you know, ridiculous.

It also seems to be finally hitting a wall post COVID.

Half a century of strong housing markets isn't a random fluctuation likely to change.