And that’s a good thing.
A “housing collapse” on the west coast is long overdue – housing prices have been driven to sky-high unaffordable levels by mass immigration for decades and need an adjustment so normal people can afford to buy houses.
Is it a housing bubble/collapse, or were prices just overinflated to begin with.
Affordable housing would solve a lot of problems in America.
Once the US cuts off unlimited work visas for the rest of the world, housing prices start to return to normal.