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What seems like a really strong streak of pessimism + huge increases in housing prices always makes me a little confused.

People want to tie themselves to huge loans while not feeling great about he future?

Maybe my perception is off on the pessimism?

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I think at least part of it is desperation.

Home ownership has been one of the very few reliable ways for the middle class to build wealth, and with housing prices skyrocketing and the future looking even worse, I suspect many people are trying to get whatever they can before any chance they have of owning is gone forever.

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