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(US) How can anyone expect a bubble to pop?

I don't understand the whole "real estate is a bubble thing" that you see around these parts. Yeah, everyone knows the housing market is a mess and cannot stay this way forever... but the problem is supply & demand - there's not enough homes being being built. And now, with interest rates & high prices, nobody is giong to be incentivized to sell, and even IF they did sell, they still have to buy back into this mess (unless they're exiting the housing market by dying or moving to a retirement home...)

In my point of view, nothing will get better until builders start building houses again, and there is no reason to believe that they will start to do so anytime soon.

submitted by /u/Fiveby21
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source https://www.reddit.com/r/RealEstate/comments/zusomk/us_how_can_anyone_expect_a_bubble_to_pop/
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