US housing market hit a ‘significant slowdown’ in recent weeks, Redfin CEO says
Housing is only an 'investment' because of how expensive it inherently is.However, my opinion has been that housing /has been/ in a bubble since at least the mid 2000s (pre recession); and it didn't actually deflate (at least in the area I live in) /during/ that recession.It would really be nice if some way of fixing this bubble chasing nonsense happened.  Maybe if healthcare and retirement were fully socialized this would be less of an issue.