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California Exodus Gets WORSE! Prepare for HOUSING CRASH (2022?)


areyentiraidhi

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Lol, don't expect crash or any price reduction in future....ippudu unna rates a cheap...kukkal laa eduru choostunaru janaalu.

 

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31 minutes ago, veerigadu said:

Too much money  in circulation. Crash impossible unless feds do something about it. Fed gallani slipper tho kottaliii asaluuu

slipper tho kottalsindhi Feds ni kaadhu. They are simply responding to the market.

Housing prices have a lot to do with opposition by current homeowners to building more houses. So vaallani kottachu. Its a problem not just in Silicon Valley/California that has population density of about 500/sqkm, but every US/Canadian city with the exception of New York. Everyone wants a house with a lawn like fcuking sheep. And then preference for school district.

what you are saying is that people can make their own plans (which is actually following mob like mentality), but its the fault of Feds for not constraining money supply aa? Its not gonna make the houses cheaper. They should build more.

another group that deserves slipper shots are republican senators and congressmen, and a section of elite democrats that are against low income housing developments because it depresses property values elsewhere.

yeah California democrats are one of the biggest culprits in this charade.

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btw, California exodus. haha..

Just the bay area attracted 10 times the venture capital of the next city in the list.

so the number of people moving in/will move in for jobs, and housing supply in the area.. the mismatch is a joke.

someone thought Elon Musk stunt in moving to Texas was gonna trigger an exodus, but its proved that Musk is a snake oil salesman. His adoring fans may believe the crap he spews, but smart people working in the valley are not convinced at all. They know where the money is.

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