Nick Gerhli - Biggest Housing Bubble in US History
A friendly reminder that we are in the biggest housing bubble of all-time.
— Nick Gerli (@nickgerli1) August 26, 2024
Inflation-adjusted home prices today are almost 100% higher than the long-term, 130-year average.
Only 2x in US history where this has ever happened: 2006 and right now.
Note how from 1890 to 2000,… pic.twitter.com/Ll0NL4wVhP
Friday, June 9, 2023
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Wednesday, May 31, 2023
Sunday, May 28, 2023
Lost home equity: San Francisco homes are selling for $220,000 less than a year ago
https://finance.yahoo.com/news/lost-home-equity-san-francisco-homes-are-selling-for-220000-less-than-a-year-ago-153041282.html
In San Francisco, the median sales price was $220,000 lower than at the same time last year — the largest decline by dollar amount — wiping out 13.4% in equit...
In San Francisco, the median sales price was $220,000 lower than at the same time last year — the largest decline by dollar amount — wiping out 13.4% in equit...
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