Fair point. I just meant that it's not an artificial housing bubble fueled by

Mar 1, 2021
3:04:23pm

macdizzle All-American

bad loans like in 08, or by some temporary boom like gold being found in the hills. Bubbles are temporary by definition, but sometimes demand outstrips supply for extended periods of time. In those scenarios you just have high prices forever.

This message has been modified

Originally posted on Mar 1, 2021 at 3:04:23pm

Message modified by macdizzle on Mar 1, 2021 at 3:24:59pm

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macdizzle

Previous username: mckaya
Bio page: macdizzle
Joined: Aug 31, 2010
Last login: May 8, 2024
Total posts: 16,289 (117 FO)

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Messages

Author

Time

The average home price in Rose Park is the same as Draper in 2015.

rad dawg

3/1/21 2:08pm

Isn't Rose Park becoming somewhat gentrified? Not saying it isn't crazy

P-Boy Squad

3/1/21 2:12pm

The bubble needs to pop

germ1

3/1/21 2:27pm

Why do we think this is a bubble? It's not 08 again. People with cash want to

dezzy

3/1/21 2:37pm

Why do you think it's a bubble? It's basic supply and demand. You have thousands

macdizzle

3/1/21 2:41pm

Congratulations, you just explained a housing bubble.

rad dawg

3/1/21 2:51pm

Fair point. I just meant that it's not an artificial housing bubble fueled by

macdizzle

3/1/21 3:04pm

It’s a bubble fueled by cheap debt

WDaddy

3/1/21 3:54pm

Home in our neighborhood in Herriman just sold for

macdizzle

3/1/21 2:35pm

Only $25k over asking? They got robbed!

gangbusters

3/1/21 3:01pm

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