Not sure where you are, but California at least has clear up/down cycles, but th... | Hacker News

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		gedy on July 13, 2022 \| parent \| context \| favorite \| on: Show HN: Inflation-adjusted stock charts – Total R... Not sure where you are, but California at least has clear up/down cycles, but they take many years unlike a stock bubble. E.g. I the last housing bubble started popping in 2005-2006, but didn't bottom until about 2010-11

x3sphere on July 13, 2022 [–]

Yep, it'll take a long time to bottom. That said, I'm surprised how much things have already fallen in AZ. Some of the properties with 10% price cuts, have been sitting on the market for over 2 months. Demand has fallen off a cliff here. I can't see how it gets any better with the Fed continuing to rate rates.

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