I live in the Bay Area (East Bay) and feel like it presents such an interesting ... | Hacker News

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		davely on April 28, 2024 \| parent \| context \| favorite \| on: Plunging Home Prices, Fleeing Companies: Austin's ... I live in the Bay Area (East Bay) and feel like it presents such an interesting view into this. 2 years ago: “Wow, I can’t believe that house went for 20% above asking!” Now: “Wow, I can’t believe that house went for 20% above asking and has appreciated since 2020.” If you want a house now and can afford it, you will buy it now.

reducesuffering on April 28, 2024 [–]

That's a weird starting point. Half of the East Bay SFH have appreciated 30% since 2020, that was a relative low point...

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