I feel like everything points to a bubble, even the graphs at this point. Unemployment is going up, layoffs are happening more and are planned if you go to warntracker.com. Why are some people still saying this isn’t a bubble?
Having been through a few cycles, consensus building towards the current state being a “New Paradigm” / “New Normal” is definitely the last stage before shit returns to earth and as far as I can tell it’s where we are right now.
https://awealthofcommonsense.com/2024/05/the-new-normal-in-housing-prices/