Bubble Watch: ‘Question the sustainability’ of California home prices
https://www.siliconvalley.com/2021/05/17/bubble-watch-question-the-sustainability-of-california-home-prices/
“Bubble Watch” digs into trends that may indicate economic and/or housing market troubles ahead.
Buzz: As another statewide home-price record is shattered in the pandemic era, we hear this: “Not only do skyrocketing home prices threaten already low homeownership levels and make it harder for those who don’t already have a home to purchase one, it also brings to question the sustainability of this market cycle.”