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House prices is a reflection of economic growth. Higher incomes means higher purchase power. Median income in the bay is soaring at 8%, house prices will mat
by adrr 7y ago
House prices is a reflection of economic growth. Higher incomes means higher purchase power. Median income in the bay is soaring at 8%, house prices will match that growth. If you want house prices to come down, we would need another recession that would cut purchasing power. California population growth has leveled out and its increasing incomes that are pushing up the prices.