House is an Inflationary Offset
It’s all the free market and supply versus demand.
Everyone is staring down the throat of a massive inflationary beast. Whether there is a bubble (there isn’t), or a shortage, a WallStreet debacle, or whatever, the housing prices are here to stay. Sell your house for more, pay more for the next, the whole thing offsets. Your existing home gives you buoyancy in a sea of inflation.
Remember, the US economy had more than a Trillion dollars of funds injected into it along with trillions in penned up savings. People are willing to pay more. Get used to it.
Enjoy what you have saved and ignore the stress of worrying about others.
Last edited by Normal; 07-05-2021 at 07:12 AM.
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