I visited Vermont only once, when I was a kid, but I fell in love with the place. It looks like everyone else is waking up to the beauty of the state, as it leads the way in housing price gains.
![](https://www.visualcapitalist.com/wp-content/uploads/2024/06/House_Price_Changes_SITE.jpg)
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I visited Vermont only once, when I was a kid, but I fell in love with the place. It looks like everyone else is waking up to the beauty of the state, as it leads the way in housing price gains.
So, yeah, I stopped fighting semis last week. Jensen Huang and his co-conspirator Sam Altman have completely conned people into thinking AI is going to be the be-all and end-all, so the market is NEVER going to let NVDA fall (until it gets destroyed in a multi-trillion dollar wipeout………….but not yet).
I’d wager that Chinese nationals buying up these cities is a big part of the reason.
Maybe because this sector is utterly doomed?
Want to work in Palo Alto and buy a basic middle-class house to raise a family? You need about a million dollars in cash for your down payment. The house next door to me just sold for $18 million. Back in the 1970s, it sold for $230,000. We are going to wind up in a nation of renters.