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13 days agoI really don’t get this.
House price to income ratios are at all-time highs. How could be calling housing a “very cheap” asset? Could housing costs really spike more than they have?
I’ve been of the mind that we’re in a housing bubble that’s going to crash sending prices down 20%. I’m no billioniare investor, so what do i know, but still shocking to think that the 1M California starter home is “cheap.”
Not enough, though.