Real Estate Broker Says $600K Homes Will Hit $1 Million — ‘I Hate To Burst Your Bubble, But There Is No Bubble And There Never Will Be’
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If you’re still waiting for a housing crash, one real estate broker on Reddit thinks you’re wasting your time — and possibly your shot at owning a home.
In a post that sparked hundreds of replies, the broker wrote, “That $600,000 home that you’re worried to buy at a 7% — will be over $1 million eventually.” His reasoning? Real estate is “inflationary,” and people banking on a crash are “CLUELESS.”
He said he started working in real estate before the 2008 market crash — which he called “a big joke,” arguing that while prices dipped around 20%, they quickly rebounded and climbed more than 100% in the years that followed.
“I hate to burst your bubble,” he added, “but there is no ‘bubble’ — and there never will be.”
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He added, “I just hate to see people getting stuck renting and then can never break the cycle because they waited too long.”
The comment was part housing pep talk, part doom scroll for renters, and part economic philosophy. His big argument? Real estate isn’t like the stock market. You’re not betting on volatility or vibes. You’re buying physical stuff — lumber, labor, land — all of which, he says, will only get more expensive over time.
So, is he right?
Well, kind of. But also… not exactly.
Yes, real estate does tend to move with inflation. It’s one of the reasons investors flock to property when the dollar weakens — tangible assets often hold their value. And yes, the cost of building materials has gone up over the past few years. Lumber prices, for example, nearly tripled during the pandemic. Throw in rising labor costs and housing shortages, and sure — it’s no stretch to believe that today’s $600,000 home might creep up to $1 million eventually.
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Recent data supports the idea that home prices have consistently outpaced inflation in many markets. U.S. home prices have risen nearly 60% since 2019, with the median sale price hitting $447,435 in mid-2025. Even at a moderate annual growth rate of 6%, a $600,000 home would reach $1 million in about 10 years. In some regions, it could be even faster — Miami, for instance, saw a 42% increase in $600,000 to $1 million home sales within a single year. At a national level, average home prices have climbed to over $503,000, and long-term trends show that housing typically appreciates by 6–7% per year.
