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> I'm pretty knowledgeable on my local real estate market, and people are constantly telling me we're in a bubble (we're not) I don't know your real estate mar
by jayalpha 8y ago
> I'm pretty knowledgeable on my local real estate market, and people are constantly telling me we're in a bubble (we're not)
I don't know your real estate market, but real estate seems to be in a bubble basically world wide.
A bubble can easily predicted when looking backwards. Regarding the future: The Case–Shiller index does not make current US real estate prices look like a bargain.
- sambroner 8y agoCan you talk to the Case-Shiller index? I'm finding it somewhat difficult to understand. I believe it should be going up (more people?), so how would you use it to argue US Real Estate prices are high?