Wednesday, June 02, 2021

Prices have officially peaked.


It's pretty rare that you get a house that has the entire history of the housing bubble number 1, and also reflects the new bubble. This 1200 square foot house went 100k over asking. Yes... you read that right. A 1200 square foot house going for a Miiiiiillion dollars. That's not even rare honestly.

I think this insanity is all over now because price reduction are coming in seven days. And they aren't walking things down a smidge. These are 50 grand clips.

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