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Small-Scale Question Sunday for November 19, 2023

Do you have a dumb question that you're kind of embarrassed to ask in the main thread? Is there something you're just not sure about?

This is your opportunity to ask questions. No question too simple or too silly.

Culture war topics are accepted, and proposals for a better intro post are appreciated.

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My prediction is that there is no giant bubble waiting to pop, that the 40% runup in money supply had to go somewhere, and that housing was a logical place for people to put money. The high interest rates might turn back the highest of the prices, but I would not generally expect a return to 2019 pricing.

If I knew I intended to stay in a given area for 5+ years, I would just deal with the pricing being what it is and hope to refi for lower rates in a few years.