Interesting how this went from an article about how companies may be using aggregated data to artificially manipulate a market to "Seattle is a cesspool".....This is a RE website filled with landlords and property owners..... who would have imagined what opinion would be rendered. 

ReAlpha may be able to analyze lots of deals in the MLS'a via Artificial Intelligence, but when it comes to actually getting sellers to agree to your AI's price, you basically have an 'iBuyer' type situation, and this market just isn't supporting iBuyers.  

During the COVID I knew things were taking a toll on her because I noted odd things broken in the house when performing my quarterly inspections, such as, broken medicine cabinet mirrors, master bedroom door cracked on the side, and a cracked vanity sink.

The root cause of high housing prices has been 12 years of artificially cheap money (financing) driving prices up.

I’m and emergency medicine physician based in Northern California.

These inherently increase the value of neighborhood value by a lot but *ARTIFICIALLY*.

Demand for real estate is being artificially destroyed and I can find no reason it will not rebound once the Fed's goal has been accomplished and or we are in a recession, particularly because rents have outpaced home price appreciation and wages are rising.Key point regarding recessions... real estate prices have gone up in the majority of them. 

It will lead to many people living in those homes having to find new homes but there will be none at similar (artificially low) price point. 

As long as banks and hedge funds continue buying up property no matter the cost, prices will likely continue to artificially inflate for a time.However, with inflation increasing at astronomical rates, an irresponsible government with zero accountability and unfettered spending, the same zero-accountability government also sharing a blurred line with corporate oligarchs that have aspirations of complete ownership of everything (and everyone if you pay attention), a lying emotional legacy media fear-mongering about war and disease while virtue-signaling on social issues, the younger generation not buying into the “American Dream” of owning a home or having children, and the absolute unwillingness of an egotistical public to believe anything not being pumped out of the black mirror in their living room, the future outlook for any market appears bleak to me.It’s an “everything bubble.”

Maybe the town of Scottsdale will strike oil and be able to artificially make it rain via cloud seeding like in Dubai.