Its priced under blue book.

Blue unemployment on left axis, and red 1995 indexed Silicon Valley home prices on right:If you look back to when we were leading up to the dot-com crash, you'll see that Silicon Valley maintained unemployment below 4% for almost an entire 5 years between 1996 and 2001.

Hipsters only think stuff is cool if they're overcharged for it (re: Pabst Blue Ribbon)

Single family "decent" blue collar neighborhoods, the 1% rule applies very oftenThat being said, these "rules" are REALLY only guidelines or acid tests to quickly see if a property is "in the ballpark" 

They are more dependant on rents than market ups and downs.My biggest success over the years came from buying GROUPS (5-8 houses) of older homes on a single parcel, in older, blue collar parts of town (not slums).

It was a sunny day with blue skies and a slight breeze.

You can also look at that big blue logo I have, follow that to a free basics real estate course, free, no hitch and no hype!

Its a solid blue collar neighborhood.

They were implementing common greens subdivisions.I have done and assisted in 3 of them here in Portland.One being Blue Barry Lane development was in NE Portland, 1st LEED platinum subdivision in the county. 

The we have gold brokers, bunker builders and all the others who make a living selling fear based "solutions", just think back to the panic buying of TP, flour and all kinds of other bizarre things during covid, all powered via the fear-4-profit industry in the US of which Youtube is the crowning jewel as fear and terror gets views, blue skys and stability is boring.