/r/REBubble

Photograph via snooOG

A place to freely discuss and investigate the current US housing bubble. Share evidence, zillow screenshots and other interesting items.

A place to freely discuss and investigate the current US housing bubble. Share evidence, zillow screenshots and other interesting items.

Rules:

1. No personal attacks against other /r/REBubble participants.

  • Disagreement is encouraged, but disrespect is not. Attack the argument, not the person when replying to other users within the subreddit.

2. Absolutely no brigading of other Reddit communities.

  • Crossposting "case study" posts/comments to discuss examples of bubble behavior, or any content relevant to REBubble from other communities is completely fine. Nearly anything goes when discussing these crossposts, as long as all comments stay within the /r/REBubble comment section of the crosspost. Do not use these links to engage with the source subreddit in any manner that would violate their rules or the Reddit content policy, and do not encourage any users to do the same.

3. No notifying "case study" crosspost OPs of their appearance on /r/REBubble.

  • Reddit users are not notified when their posts are crossposted to another community. Do not attempt to notify these users in any way that their post/comment has been featured on /r/REBubble. This includes but is not limited to contacting the OP of the crosspost via PM, replying to one of their comments or posts to inform them of the /r/REBubble submission, or tagging their username anywhere within the subreddit.

4. No low effort submissions which serve only to troll or bait the REBubble community.

  • Dissenting opinions from real estate bulls and bubble doubters are welcomed and even encouraged. We have no desire to forcefully create yet another echo chamber community on Reddit. Anecdotes, speculation, and data is welcome from all sides. That said, posts which are low effort and appear to be attempts to inflame or bait REBubble community members rather than generate an honest discussion will be removed at moderator discretion.

5. No politics.

  • Politics and government policy inform economic activity within the residential housing market. However, politics and discussions involving the arguing for or against political ideologies including, but not limited to, liberalism, conservatism, Democratic, Republican, civil rights, nationalism, and globalism are strictly prohibited. The endorsement or opposition of any political party or politician is strictly prohibited. Other mentions of party or politician are at moderator discretion.

/r/REBubble

126,910 Subscribers

0

Would this idea help lower real estate prices?

You can’t buy another property until the first one is completely paid off

1 Comment
2024/05/18
19:23 UTC

5

🗺️ Inventory size increase and median days on market for different markets on interactive map

Started to look into real estate investment opportunities and were discovering markets that could be interesting. Created a simple interactive map to visualize Zillow and Realtor market data and discovered that inventory increasing in Florida and California for the year and has almost the biggest increase year over year. Looks like Midwest area is more affordable, but not so in demand.

If anyone interested, here is the map I was playing with:

🔗 https://app.reinvify.com/map

https://i.redd.it/rmlgrxbom71d1.gif

2 Comments
2024/05/18
16:19 UTC

10

Upside down 190k in house that still needs repairs. What to do? How do I go forward?

11 Comments
2024/05/18
15:46 UTC

75 Comments
2024/05/18
14:43 UTC

3

18 May 2024 - Daily /r/REBubble Discussion

What's the word on the street? Share your questions, comments, and concerns below.

1 Comment
2024/05/18
11:00 UTC

632

U.S. Households are now spending an all-time high $573.4 billion on non-mortgage interest payments which for the first time in history is roughly the same as mortgage interest payments

129 Comments
2024/05/18
01:20 UTC

23

Is the "short term rental tax loophole" fueling the bubble?

Stumbled across this:

https://www.landlordstudio.com/blog/the-short-term-rental-tax-loophole

Is this one of the more important factors contributing to the current bubble?

3 Comments
2024/05/17
20:50 UTC

98

51% of Americans say it is a bad time to find a quality job, the highest share since April 2021. Since 2022, the share of respondents saying their job situation is getting worse jumped by 25%, per Gallup

17 Comments
2024/05/17
17:00 UTC

9

Yeah this is bubble behavior.

7 Comments
2024/05/17
13:57 UTC

3

17 May 2024 - Daily /r/REBubble Discussion

What's the word on the street? Share your questions, comments, and concerns below.

12 Comments
2024/05/17
11:00 UTC

0

17 May 2024 - Weekly Open House Recap

How did your open house viewings go this last week? Heaven or hell? Sublime or subpar? Share your open house experiences!

As a guide, include the following for each Hoom (where applicable):

  1. Zillow or Redfin Link
  2. How many people were in attendance
  3. How the condition of the property matched the condition in the listing
  4. Interactions with other buyers
  5. Agent/Seller interactions
0 Comments
2024/05/17
10:59 UTC

35

The Most Splendid Housing Bubbles in Canada: Spring Rally Fizzles, Prices -14% from Peak in Feb 2022, Below Sep 2021

https://wolfstreet.com/2024/05/16/the-most-splendid-housing-bubbles-in-canada-spring-rally-fizzles-prices-14-from-peak-in-feb-2022-below-sep-2021/

New listings rise, inventory does 2nd biggest jump on record. Toronto prices -15% from peak, but Vancouver only -3.4%, Calgary sets new high.

By Wolf Richter for WOLF STREET.

13 Comments
2024/05/17
05:37 UTC

210

No Doc Loans for Lack of Income and Down Payment

Former coworkers wife now working loans like this. Seems terrifying.

88 Comments
2024/05/16
21:04 UTC

135

Inflation is still high but if you exclude Housing and Motor Vehicle Insurance it's only around +0.7%

135 Comments
2024/05/16
17:07 UTC

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