Tuesday, June 05, 2018

I'm the biggest housing bull on the planet, but it is completely out of the norm for houses to double in price in 5 years. The historical standard is they double in roughly 10 years. Not even during the bubble did prices appreciate that much.


  1. Capital of Texas RefugeeWednesday, June 06, 2018 3:28:00 PM

    I gave these out to friends back in 2005 before anyone really had a clue about the residential real estate credit arbitrage game: Mr Housing Bubble.

    Maybe you can still get one. :-)

  2. It's the craziest looking bubble I've ever seen. On one hand there is a pretty significant shortage entrenched by low interest rates. It's the greatest gift people have ever gotten. But people are people and I"m sure they will find a way to screw it all up. I mean a house just sold in SF over 20% over asking. Even I have a hard time feeling like that isn't frothy. Makes the good old days of the housing crisis seem tame.