[jamesq]

For entertainment purposes only, watch the value of your property on Zillow. Mine has gone up 51k in the last year, 4k this week!
James Q

[vertigto]

Originally Posted by jamesq

For entertainment purposes only, watch the value of your property on Zillow. Mine has gone up 51k in the last year, 4k this week!
James Q

According to Zillow, our house is now worth $143K more than when we bought it 5 years ago and half of that is since Jan. 2021.

This bubble is going to burst soon...

[Ben M.]

Originally Posted by vertigto

This bubble is going to burst soon...

Until the corporate conglomerates\foreign speculators no longer have an interest or the banks start withholding credit, housing prices will continue to be stupid. Same with classic cars. They've been shown to have value and all the "gotta get\stay rich somehow" folks will continue chasing stupid money amongst themselves.

It's something most average Joes have no clue on because those guys live in such a different world than the rest of us.

[bird72]

I respectfully disagree on major bubble burst, price drop, in the long run, big picture. The bid over list scenario may cool down, and some of the frenzy drop off, yes. Home cost is multi faceted, labor, material, demand, area, BUT.....

When houses went to 100K they never went back to 50, when they went to 200K they never went back to 100, when they shockingly hit 300, it just paved the way for 400, etc, etc. Even 2008 is starting to look like a speed bump. Nobody is saying stupid price new 90K pick up trucks will go back to 40..... sheet just is, and we are getting hosed to a degree.... but it is.

[1969400HO]

A lot of ppl are switching to stay home workroom hime much as possible until they need to go into shop for specific reasons.

The rolls of ppl have definitely changed, the on-sight mechanics get sent files now the SW programmers used to do their on sight SW install-etc, yet thats getting delineated out some now.
Ppl are going creative to do distance work now a lot. I dont hear hardly ANY complaints, work in home and NO travel to shop get SAME PAY.