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I find nothing to disagree with in that claim, but I do think there is a significant housing bubble that is putting tremendous stress on young people (and young
by recursivedoubts 2y ago
I find nothing to disagree with in that claim, but I do think there is a significant housing bubble that is putting tremendous stress on young people (and young families) in particular. I will admit that involves value claims that I cannot and do not intend to convince you of.
edit: i suppose I should say that I consider most of the 2000s a housing bubble, 2000-2008: the main growth, 2008-2014 the crash, 2014-covid the echo bubble, covid is covid, and now a hyper-bubble. so I agree entirely that the 2000s have never been "normal"
- bumby 2y agoYeah, I’m not disputing that housing prices are out of whack, my qualm was with the author using SV as an example to show they are 10x their “normal” price of the past. I think there are better, more accurate ways to make the comparison.