RE: Are We In A Bubble Or Is It Incorrect Measurements

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Our housing market is blowing up here too in the US. Houses that would normally sell for just over $100k are going for close to $200K or more. It is nuts. The value you are getting for what you are paying is just not there. I would guess there has to be a direct correlation between that and the amount of money they are pumping out, but people just aren't seeing it. Or they don't care. Who knows!

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WOw 100% uplifts in some areas that must be nuts, you're pricing people into homelessness how many jobs allow people to set aside 200k in their lifetime these days? It all doesn't make any sense, you're just going to force people into desperation.

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Yeah, it is pretty ridiculous. It makes us almost tempted to put our house on the market, but supply is so low right now we might find ourselves out on the street!

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why do that? why not use the equity in your house to acquire another property and then let that property pay itself down, I think that's the real game here

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Problem is there are no properties available here either. Everything is dried up.

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