No... I said higher rates after a low rate era will not result in high inventory. Stop making stuff up.
And that's the point 2017-2019 rates were lower than now... but where was inventory?
Stop burying yourself.
You're the only one dancing on all the threads you've been wrong on.
Show the numbers of % who actually bought in 2006 and sold in 2011 in Irvine and what their loss was or else you're just shuckin' yourself.
You own chart betrays you... current inventory is still less than half of what it was in your chart's 3 year average:
You should really learn to read a chart.
If that makes you feel better.
As I said, anyone can cut something up to favor their opinion but in general you have been so wrong it's becoming a running joke on TI and you don't even know it.
Let's get back to the point of this thread... a starter SFR in Irvine is over $1m. What was that in...
Sure... but how about the kids who don't want to do this?
I read a funny quote on X or somewhere (and I don't remember the exact quote):
"AI is backwards, it's supposed to do dishes and laundry so I have more time to do art and writing... but AI is doing art and writing instead."
Really depends on what your kid plans to do... for some careers, Ivies and other prestigious colleges like USC are worth it, for many... a UC or CalState will do... and for some... even no college will work.
Sorry... not in the homes I was looking at especially by 2011... prices in Irvine for newer 2500sft SFRs started rebounding in 2010-11. By 2012-13, they were already at or above 2005-06 prices.
I already detailed this for you... even the quicker recovery of my Irvine homes prices compared to...