Guess which housing market this is.
>>1108015
Vancouver or San Francisco
Boston
Lel that's toronto
>>1108015
>Vancouver
Living at my parents house for the rest of my life tbqh senpai
Hmm Nashville and San Antonio seem to be the big real estate meme towns I've been hearing about. No evidence of a previous crash so I'm thinking one of these.
>vancouver
just let me get a 2 bedroom man
>>1108015
>that 2008 dip
fuck that's a beautiful dip, what i wouldn't give to be able to go back and buy it.
Melbourne
>>1108477
It looks like Australia, yes.
I believe that is Melbourne.
Fuck I hate the Australian housing market, I really hope the next global downturn kills the bubble.
>>1108015
auckland.
done
>>1108505
If it is australia, you wont see a dump until banks push the interest rate way up like 7% or if there is a big recession. Fact is only a tiny amount of people are over leveraged for loans (like 5%), everyone else can afford these massively inflated prices.
>Post yfw the affordability of houses if the price were halved
>>1108657
>500 000 for a house
thats pretty cheap for a house in australia, most i see are 700 000 and upwards, but those are typical family houses
>>1108659
Yeah it's the bare minimum cos I figured the calculations are for those trying to enter the market anyway. The total interest payable difference is bigger than I expected. All that needs to happen now is for it to be explained in an infographic video for Buzzfeed Oz to share around and get all the millennials to kick up a fuss.
>>1108505
No crash in 87 or 91.....
regardless of location, detached housing is overvalued by about 400 points here.
A bubble? over 8 years from 900 to 1800 doesn't seem like a bubble to me. wouldn't expect a big crash.
The crash is coming. The third worlders have been propping up first world real estate markets. With their economies in the toilet they are going to need the money.
