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The Bubble Just Keeps Getting Bigger
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This article is about L.A., but it's true all over the U.S.: Housing prices are through the roof. Low interest rates, low inventory, extreme demand, and speculators bidding against regular home buyers... it's like a perfect storm. And, yeah, I keep checking Zillow and Redfin on my home's market value and it's insane (and I know those sites aren't always totally accurate, but even discounted, the numbers are eye-popping. Not that I'm selling, but... geez). (Los Angeles Times)
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