Not a Bubble

For plenty of folk worried about whether we have a bubble or not we are missing nearly all the components of a bubble.

1. Loans have been made responsibly.
2. People are paying.
3. We have a safety net - the government learned their lesson and loan forebearance is a real thing and was used during Covid.
4. We are a little overvalued in the Bay Area  See the NPR article - we're way down the list at #330.

Where does the Bay Area Rank -  NPR article