When will the real estate bubble pop?

Esri / Eng
VYWq50

Go to company page Esri Eng

 VYWq50
Jan 24 27 Comments

Professional Engineers can’t afford housing lol

#mortgage #housing #usa #sde #swe #engineer #softwareengineer

201 PARTICIPANTS SELECT ONLY ONE ANSWER
VOTE VIEW RESULT
27

comments

Want to comment? LOG IN or SIGN UP
  1. TOP
  2. RECENT
  3. OLD
 TOP 27 Comments
  • Google
    GgWA05

    Go to company page Google

    GgWA05
    There is no bubble. More people have money, but only a very few houses in desirable locations. Home price will only go up.
    Jan 24 4
    • Google
      jejndndid

      Go to company page Google

      BIO
      mostly harmless
       jejndndid
      I expect it to go back to 2018 peak levels..
      Jan 24
    • Amazon
      bzaf

      Go to company page Amazon

      bzaf
      For it to crash, demand needs to go down. If you’re waiting for the price to go down so that you can buy, there must be others too. The only way it’s possible is that people run out of money.
      Jan 24
  • Google
    Jtanx8

    Go to company page Google

    Jtanx8
    Some people will always say that it won’t go down. The reality is that every equity does go up and down and the housing market is in a serious bubble. Low interest rates, pandemic pushing people to the suburbs, low supply, stock market huge gains, fed injecting liquidity, etc. all of these are reversible. Interest rates are going up, fed is aggressively heading towards a tighter monetary policy, the stock market is going down and won’t make big returns like the two previous years to say the least, and the supply issue won’t last forever.

    History has proven time and time again that equities do go up and down. The housing market tends to lag, however.

    It is just the same with “stonks only go up”. Well, they are going down and many “good stocks” are already down by 60% or more, and could go down much lower.
    Jan 24 3
    • Amazon
      bettybop👩‍💻

      Go to company page Amazon

      bettybop👩‍💻
      Yeah, like Friday. Stocks went slightly up after opening but there was a sharp decline. It’s a very common pattern. What’s interesting is that January is usually a good month for stocks (January effect) but this year there are a lot of factors (like the main comment) causing the market to go down. Can’t call it a crash though
      Jan 24
    • Google
      Jtanx8

      Go to company page Google

      Jtanx8
      I haven’t talked about a stock market crash. Merely a correction + very modest yearly returns are enough to limit the amount of money in tech employees hands.

      And “good stocks” is subjective. Remember all the talk about SQ, PLTR, DASH, ABNB, COIN, ASAN, AFRM, etc. look at these stocks now
      Jan 24
  • New
    tsla21

    New

    tsla21
    If the housing has to crash, it will be chaos in the country. Things are no where close to 2008 and technology has gone too far. A correction is required but a crash? Unlikely unless govt wants it which I highly doubt given they know the best way out is to print money and then increase taxes
    Jan 24 0
  • Zillow Group / Sales
    zZzZzillow

    Go to company page Zillow Group Sales

     zZzZzillow
    If you want to live in a desirable location, expect to pay up for the indefinite future. There’s still plenty of less expensive homes available… in Missouri. 🤮
    Jan 24 0
  • Apple
    aWVt68

    Go to company page Apple

    aWVt68
    Housing in areas like South Bay which have not gone up much due to remote wfh are a killer deal now. Once pandemic is behind us and hybrid starts we will see South Bay catch up in appreciation to places like mountain house and San Ramon which have gone 2x while places like CUSD are only up 30%
    Jan 24 2
    • Google
      pjofkdi

      Go to company page Google

      pjofkdi
      This seems farfetched. San Ramon etc have gone up a lot because they started from a small base. Sunnyvale was and is expensive, and the rate of growth is somewhat lower.
      Jan 24
    • Apple
      aWVt68

      Go to company page Apple

      aWVt68
      Those areas were at a low base because it was not desirable due to terrible commutes and worse weather. Those factors got upended with work from home. Once hybrid starts again those factors will become relevant again and the delta will start to be similar to what it was pre pandemic. Even if it does not completely match San Ramon appreciation since pandemic it has much better future potential than buying now in San Ramon
      Jan 24