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A comment on ‘Housing in ‘07 wasn’t a bubble” is a true statement that almost no one believes. Parent comment

Re:‘Housing in ‘07 wasn’t a bubble” is a true statement that... by cocoa19 on Friday April 08, 2022 @01:57AM (#30953760)
Zillow shows ~650 houses (sfh+town home) in Phoenix in the last 30 days.

It seems the median list price is 1/5th of bay area prices.

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Re:‘Housing in ‘07 wasn’t a bubble” is a true statement that... by grapeskin on Friday April 08, 2022 @02:36AM (#30953976)
Phoenix also doesn’t have many people making 500k at 25, unlike the Bay Area. Prices can be lower but equally unaffordable for locals.
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