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WookieMan says
Nashville area is going to get the shit beat out of it in my opinion.
I live outside of Nashville in a high-end area. Houses here are still selling and prices have stayed relatively flat. People are still moving here, so demand is high. Just an observation.
AmericanKulak there’s a flaw in your argument. it assumes society will not readjust itself. it will. we lived as species for thousands of years without needing permanent inflation to keep going. So i think you worry too much over something that’s not actual danger.
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https://finance.yahoo.com/news/pimco-kiesel-called-housing-top-160339396.html?source=patrick.net
Bond manager Mark Kiesel sold his California home in 2006, when he presciently predicted the housing bubble would pop. He bought again in 2012, after U.S. prices fell more than 30% and found a floor.
Now, after a record surge in prices, Kiesel says the time to sell is once again at hand.