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uhsguy  ·  282 days ago  ·  link  ·    ·  parent  ·  post: The Brutal Reality of Plunging Office Values Is Here

The volume is so low that we’re not out of bounds of I want it and bad financial decisions be dammed I have 2-4 years left to produce babies. A lot of tech bros in our area can come up with 200-300 down and a mortgage and as long as both people work they can hold down the 7-10k house payment too. The volumes were taking about are like 20 houses a week so 1000 annually in greater Seattle. Add that to people being dead set for one hood and you would be lucky to average a house a week. Shortages create manias and manias aren’t rational.