Per rule 6, in the post body, explain your reasoning for your opinion.
this post was submitted on 11 May 2026
4 points (75.0% liked)
Unpopular Opinion
9075 readers
43 users here now
Welcome to the Unpopular Opinion community!
How voting works:
Vote the opposite of the norm.
If you agree that the opinion is unpopular give it an arrow up. If it's something that's widely accepted, give it an arrow down.
Guidelines:
Tag your post, if possible (not required)
- If your post is a "General" unpopular opinion, start the subject with [GENERAL].
- If it is a Lemmy-specific unpopular opinion, start it with [LEMMY].
Rules:
1. NO POLITICS
Politics is everywhere. Let's make this about [general] and [lemmy] - specific topics, and keep politics out of it.
2. Be civil.
Disagreements happen, but that doesn’t provide the right to personally attack others. No racism/sexism/bigotry. Please also refrain from gatekeeping others' opinions.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Shitposts and memes are allowed but...
Only until they prove to be a problem. They can and will be removed at moderator discretion.
5. No trolling.
This shouldn't need an explanation. If your post or comment is made just to get a rise with no real value, it will be removed. You do this too often, you will get a vacation to touch grass, away from this community for 1 or more days. Repeat offenses will result in a perma-ban.
6. Defend your opinion
This is a bit of a mix of rules 4 and 5 to help foster higher quality posts. You are expected to defend your unpopular opinion in the post body. We don't expect a whole manifesto (please, no manifestos), but you should at least provide some details as to why you hold the position you do.
Instance-wide rules always apply. https://legal.lemmy.world/tos/
founded 2 years ago
MODERATORS
The housing bubble was meant to burst ages ago, but due to rich people controlling all the fucking money, no houses have ever gone down in price.
same will happen to RAM, and all the money tied up in AI. too many rich people want it to succeed, so the ramifications of it will continue for the forseeable future, regardless of how useful AI is.
Housing will burst someday, but it's impossible to tell how many years it will take.
I agree, albeit it is unpopular here. AI isn't going to pop. It is, however, going to normalize. It's a hype cycle, and we're coming down to the realization in the hype cycle.
However, it's not going to pop, and much to the dismay of many here, it isn't going away. Pandora's box has been opened. Just like photoshop it's going to find its place in pipelines and its going to settle there. It won't be everything AI Bros promised, but it will find its place.
In fact, It already is, as an engineer who recently searched for job, you must use AI tooling now in your interviews. It is mandated. If you don't you will be looked at like the engineers who refused to use GUI designers in the early 2000s, or engineers who refuse to use docker and use shell scripts to deploy locally from your computer. You are going to be left behind. That may be a moral choice, but the tradeoff is being turned down for work. How do I know? Because I was turned down. Now I use Claude code, got my job, and pretty much use it daily for work. It found where it's useful.
Is the bubble contracting? Absolutely. Is it going to pop violently? Probably not.
Huh? Lots of houses went down massively in the crash 2007-2010. Not even ages ago.
The "housing bubble" did pop. More specifically the real-estate bubble. And it lead to some 2008 financial crisis and several points of GDP being destroyed. But it probably doesn't do what you'd think it does? It doesn't necessarily make houses any cheaper. It first and foremost destroys money.
I think it's much worse than that.
The USD is the bubble that's going to burst, and it's already doing so.
The housing bubble topped in 2022.
Its currently crashing significantly from all time highs in about half the country.
You are just factually wrong about housing prices.
~30 million families who bought homes basically from 2022 and on are all gonna be at risk of foreclosure.
... Housing bubble is already popped, its just not crashing instantaneously, nor perfectly evenly everywhere. It'll take around half a decade, minimum, from here, to play out fully.
AI bubble will pop.
It arguably already is, with so many tech companies that paid so much LLM services, and then they figured out it couldn't do that much or was not worth the investment, so now they're massively cutting head count, to lower paid out wages, so they can maintain solvency / profit margins.
Only about 1/4 of the planned build out of AI data centers are... actually any kind of underway. The financing for the other 3/4 is basically falling apart right now.
Now... do these things mean that prices generally in these industries will go back down to being generally affordable for the average person?
No.
... why would it?
You come out of a crash at a new equilibrium, with a fundamentally different structure to the economy.
That structure will essentially be techno-feudalism.
You know, either the upside or downside of the K.
Hyperwealthy vs. you will own nothing and be happy.
The stock market may also continue to rip upwards.
... But not if priced in other currencies, other vital commodities and trade goods.
Go look at a graph of DJIA priced in gold, over the last few years.
https://www.macrotrends.net/1378/dow-to-gold-ratio-100-year-historical-chart
See we're now also, currently, having a massive financial crisis, government debt crisis, consumer debt crisis... and monetary crisis, all at the same time.
You know what a stock market historically does in hyperinflation?
It hyperinflates.
Either to the point that it eventually implodes along side a whole bunch of concurrent financial fraud (basically), or the monetary crisis becomes so severe that the currency gets reset, revalued, replaced, and thus the stock market also gets basically reset.
If you haven't heard about half the stuff I'm talking about, well, that's because the media isn't covering it so much, whole lotta absolutely insane shit going on these days, and also... they longer suckers think this isn't all gonna implode, well, thats more bagholders for when the rich and connected decide its time to 'strategically reevaluate their invesements.'
Housing isn't in a bubble. Construction hasn't kept up with demand in most areas, and even though COVID was a while ago now, the pause can still be felt in housing. COVID also made rates absurdly low which led to less turnover in home ownership, people with a sub 3.5% rate can't afford an equivalent house elsewhere. Markets that saw massive building have actually seen prices dropping now, markets that aren't extremely popular are also seeing prices stall or go down. NYC and LA aren't getting cheaper anytime soon unless millions of people want to stop living there.
The economy is already worse for 99% of people because of AI. Same is true for housing. Its that they only call it a burst bubble if the effects reach the 1%. However, they live in a welfare state guarded from any losses. If you want your problems to matter, you have to have money.