I have felt for a while that the price of houses (and rent for apartments, for that matter) is ludicrously high at the moment. Completely unaffordable to most people.
It reminds me of the last time that housing prices were this outrageous, or even close to this ridiculous. That would have been right around 2007 and 2008, just before the economic catastrophe that occurred, It came to be known as the "Great Recession."
Granted, I hardly qualify as an economics expert. But one thing I do know: life is simply unaffordable right now. The price of everything has grown ridiculous. And it seems like the cost of rent and homes and properties has once again reached ludicrous levels which are, frankly, unsustainable. To me, it feels like only a matter of time before all of this comes crashing down...again.
And if that actually happens, there will be one glaringly obvious question remaining: will we finally learn the lessons this time around? Or will our collective short memories make yet another cycle like this inevitable? Will we ever learn?
10 California Cities Where Home Prices Are Crashing Right Now (2026) CaliforniaUnlocked
https://youtu.be/1iqff6MZQ_A?si=tCmnrft8XYfehqau
10 California Cities Where Home Prices Are Crashing Right Now (2026)
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