5 points
In vermont where I live, $150k houses are now nearly $600k.
The market in vermont is a bubble. Full of wealthy people from NYC and Boston pushing out locals.
The bubble WILL pop.
3 points
When all the expats and retires decide to move back to New York?
No no no. Those prices aren’t coming down any time soon. This isn’t 2008. There’s no flood of liar loans to default on. These are fixed prices going forward.
2 points
-6 points
I very much doubt it. I doubt you’ll give me a zip code but there are incredibly few markets dealing with those increases. I won’t go to say it is impossible but it would be incredibly localized and an outlier on a national scale.
1 point
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