I'm in the process of buying a place in mostly cash. I had been saving in expensive parts of California for the past four years, so with that as my target I was able to pick up a very nice house in Portland as the price corrected from ~650 to mid-400's. The way I look at it, after seeing tech do so well in remote work, it's here to stay and I plan on dying in that house.

Depends, how many rooms are we talking?

Yes, the memo came in November 2021 from the federal reserve and multiple companies.

In theory you missed that memo in 2019, it's that Corona threw in a curveball that gave us an additional 3 years on the inevitable recession. This is why timing the market is hard.

I am assuming they are not being greedy. Around summer last year I'd say a lot have an opportunity to cash out and buy a decent house and be debt free.

But sadly many were thinking "one more year and I can afford a multimillion mansion with an infinity pool"