<prompt> Human: so, Ive been looking into property and I found a good condo in Austin that isnt insanely priced, but I have to say...it kind of feels like the market is at the top right now. the tax bill that recently got passed seems to put more money into the super wealthy and less money into the middle class, and it seems the effects of that will kick in the next year or two. if you dont know, housing prices here in Austin are batshit for no reason 450k for 1200 sqft when it was around 200k in 2011. the reading Ive been doing is saying that it wont be another housing market crash caused by subprime loans, but it will be more due to the middle class not having the spending power it once had. that is in the back of my mind along with the fact that this sort of housing growth really seems unsustainable. it doesnt make sense that those 450k houses would again double in another five years...or could it? essentially, since it is a condo, the main reason Im buying is because of the potential valuation and I cant afford a house yet. Im going back to school on the GI Bill, an Ill be getting into the software field when I get out, so I would be ready to buy a house then, but Im wondering how much prices could drop. its estimated that around 150 people a day are moving here, and housing builds are still lagging months behind population growth. the other thing to consider is that Ive read that various tech heavy places tend to be somewhat shielded from a crash due to the world still needing tech and people still wanting to move to Austin. what are your thoughts on buying here right now? Im doing it with the intention of selling the property for profitgetting my equity back in around 4-5 years. Im unsure if my potential property may be there, though. the tax issue concerns me, but I wonder how much of that will effect Austin. USD will inflate and housing price inflation tend to mirror dollar inflation along with the fact that so many people are moving here, but on the other hand, if the middle class doesnt have money and cant afford to buy a house values could potentially plummet.  <response>: Who slated this recession? I want to send them an email. 