Real estate agent checking in here: one of the frequent oddities I see on HN is the number of people who see housing / real estate as one thing. It isn’t - it’s

Real estate agent checking in here: one of the frequent oddities I see on HN is the number of people who see housing / real estate as one thing. It isn’t - it’s super localized. So just because houses are overpriced for your area or there are a lot of foreclosures in your area, or whatever else might be going on in your area doesn’t mean much about anywhere else. In my market, houses just two blocks from each other can vary significantly in value! So, sure - there probably are markets around the country and world that are in a bubble. There certainly are trends that affect large geographic areas too. But, at the moment there are few asset classes in which to put money and money is cheap. Even if those things change, real estate is historically a good investment depending on your market.