San Francisco Housing Market

[guitar187]

What are the best ways to short this current market?

[spdrun]

Sit on cash or buy other property, and wait for the mugs who bought at peak to be burnt.

[ltsddd]

[quote=spdrun]Sit on cash or buy other property, and wait for the mugs who bought at peak to be burnt.[/quote]

+1….and if you’re not adverse to risk and truly want to short that sub-market, try shorting REITs.

https://www.motifinvesting.com/motifs/san-francisco-bay-area-reit-G7vfjdpu

Personally, I don’t have the stomach to be on the short side. However, I am aggressively building up cash for that next blue-light special.

[FlyerInHi]

REITs? I think that commercial properties have some more appreciation to go thanks to thr improving economy.

I read that hotels have low vacancy and are increasing rates all over.

But definitely, residential in major coastal cities have recovered very rapidly. But it’s not a nationwide bubble.

Not easy for the average person to build up cash waiting for crash in SF.

I personally see a return to 2008 peak with stagnation over time so inflation can take care of values in real terms. But the market is almost taped out now.
Some condos in Vegas are sitting for months because cash investors are out. Financing is not possible with low owner occupancy rates.

[spdrun]

Some condos in Vegas are sitting for months because cash investors are out. Financing is not possible with low owner occupancy rates.

Good! If they’re sitting, I think nominal values will fall as well.

Financing is always possible, just not from Fannie/Freddie/FHA loans. But if people aren’t buying, looks like there will be a fire sale soon.

[Coronita]

[quote=FlyerInHi] Financing is not possible with low owner occupancy rates.[/quote]

For owner occupied, that’s not true.

[Author]

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