/biz/ - Business & Finance

So some are saying that a bubble is imminent and some are saying that this isn't bubble territory at ALL because the prices of homes havent outpace thier intrinsic value. Who's right? It sounds like boomers talking on the second point but I can see what they mean a bit. People will always need a place to live, however i feel that it's more complicated. Anyone smarter than me have a take?

> Muh when I've made it I wanna live in a shack innawoods or in a field in the middle of nowhere.

This is the biggest cope on biz, because you know you'll never make enough money to live in somewhere like NYC or London, where actual rich people choose to live.