> I'm pretty knowledgeable on my local real estate market, and people are consta... | Hacker News

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jayalpha on Jan 22, 2019 | parent | context | favorite | on: $1.2T in risky corporate debt showing similar warn...

> I'm pretty knowledgeable on my local real estate market, and people are constantly telling me we're in a bubble (we're not)

I don't know your real estate market, but real estate seems to be in a bubble basically world wide.

A bubble can easily predicted when looking backwards. Regarding the future: The Case–Shiller index does not make current US real estate prices look like a bargain.

sambroner on Jan 22, 2019 [–]

Can you talk to the Case-Shiller index? I'm finding it somewhat difficult to understand.

I believe it should be going up (more people?), so how would you use it to argue US Real Estate prices are high?

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