A data scientist sells home in March 2021 — Should you do it too ?

Ok guys, now it’s official — We sold our single family house on March 26'th 2021

3530 E Hills Dr, San Jose, CA 95127 | Zillow

What, What did you do , You crazy — house market goes up and up , These are the feedback I get from my friends for all good reasons

Let me clearly articulate why I sold it :

1. Housing market is a function of people’s confidence. Thanks to multiple stimulus, the dead man is walking and people feel confident enough to buy residential real estate — not only in bay area, however all across country

Below is a projections from none other than US Government on how things would look like in next few years. Right now in 2021 we are sitting on top of cliff even by my conservative estimates. Honestly, I have acrophobia — which means scare of heights. As the economy opens up, I believe the reality would strike, which in turn would lower confidence and hence house prices

2. California exodus

We are seeing a huge exodus of people leaving bay area. In simple supply chain words, it…