2 ms·

If houses in hot markets truly had economic / inherent value, for example the quality of life improvement / job opportunities, then that can’t really be lost.

• rcme 3y ago
  Job opportunities in the bay have clearly soured over the last year. So yes, real value has been lost.
  • cornfutes 3y ago
    In that case, if houses are so correlated to the swings of the job market, maybe they aren’t such good investments after all.
    • pengaru 3y ago
      it's always risky to buy high in a bubble