Hacker News Reader

Prices will drop substantially over the next decade as (1) boomers die and (2) immigration comes to a halt.

Don’t forget the population decline

Wrong. There is already pent up demand, boomers will not die fast enough to make a dent. Immigration is not a factor.

And I suspect there's plenty of money at the top to profit off this, reducing the likelihood of such declines, too.

Immigration not a factor? You mean the same people buying up $3M homes with cash?

There is no shortage of $3M homes.