I am REALLY curious about home prices during this coming period.
Are we due for a correction down or was the 15-20% overnight housing cost jump a correction of house prices being too low (yes, absurd but I’m serious). A perfect storm of Millennials finally buying homes with low interest rates (?). COVID just jump started it.
Who knows. Either way:
- Huge amount of people fleeing to suburbs regretting their new commute times is likely.
- Huge amount of people who can’t carry their new housing bill and find remote work like planned.
Seems inevitable. Either way, I think housing cost will be one of the best indicators if remote is here to stay or not.
Are we due for a correction down or was the 15-20% overnight housing cost jump a correction of house prices being too low (yes, absurd but I’m serious). A perfect storm of Millennials finally buying homes with low interest rates (?). COVID just jump started it.
Who knows. Either way:
- Huge amount of people fleeing to suburbs regretting their new commute times is likely.
- Huge amount of people who can’t carry their new housing bill and find remote work like planned.
Seems inevitable. Either way, I think housing cost will be one of the best indicators if remote is here to stay or not.