Is House Hacking is creating a bubble?

[Ibn Abney]

Is it just me or has the concept of house hacking gotten a little of out control? I find that areas in my desired markets zoned for 2-4 flats are being driven up by first-time home buyers looking to be saavy and "house hack".

I love the idea, definitely a fan of the theory!! In my mind, a house hack should create a very low ($500 or less) monthly housing expense or eliminate your housing costs all together. I see many posts and folks in REIA groups buying small 2-4 unit properties at a higher per unit cost than a SFH. Or their share of the mortgage/expenses (w/ 100% occupancy) is higher or equal to market rents.

Evictions can happen with a house hack and i think a see a bubble. also, a true "hack" is living at the same level you wish but paying much less. Always felt the "nomad" method/live-in to rental was better for starting off and scaling.