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If you are still waiting for a housing disaster, one Reddit real estate broker thinks you are wasting time – and maybe having your shot with a house.
In a post that caused hundreds of answers, the broker wrote: “That $ 600,000 housing, which you are worried about 7 percent, will eventually exceed $ 1 million.” His reasoning? Real estate is “inflation” and people’s banking is “pointless”.
He said he started working in real estate before 2008. The market catastrophe he called “a big joke” stating that while prices have fallen by about 20%, they quickly retreated and rose more than 100%.
“I hate to explode your bubble,” he added, “but there is no” bubble ” – and will never be.
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He added: “I just hate when people get stuck in rent, and then I can never break the cycle because they waited too long.”
The comment was partially Housing PEP conversation, part of the doom Scroll to tenants and part of economic philosophy. His big argument? Real estate is not similar to the stock market. You cannot bet on volatility or vibration. You buy physical things – wood, work, land – all this, he says, will be more expensive over time.
So is he right?
Well, peculiar. But too … not exactly.
Yes, real estate is inclined to move with inflation. This is one of the reasons why investors are flocking to assets when the dollar weakens – tangible assets often have their own value. And yes, the cost of building materials has increased over the past few years. For example, wood prices were almost tripled during pandemic. Discard increasing labor costs and housing deficiency, and certainly – there is no way to believe that today $ 600,000 houses can eventually refrain up to $ 1 million. USD.
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Recent data confirms the idea that housing prices in many markets have been constantly exceeded by inflation. Since 2019 US home prices rose almost 60%, and in 2025 In the middle of the 19th century the average sale price was $ 447,435. Even at the average annual growth rate – 6%, $ 600,000 houses will reach $ 1 million in about 10 years. USD. In some regions, this may be even faster – for example, in Miami, increased by 42% from $ 600,000 to $ 1 million in one year. At national level, average housing prices have increased by more than $ 503,000, while long -term trends indicate that housing usually estimates 6-7% per year.