Submitted by Unattributabledk t3_z8twzz in wallstreetbets
As interest rates rise, real estate might crash in cities around the world, but there is currently no way to go short or long in entire cities besides using REITs as proxies.
Would you go YOLO on puts or calls for city indexes (i.e. an index that tracks the average house prices of a city) if you there was a mechanism to do so?
For example, I was thinking all these tech companies are firing tens of thousands of employees. San Fransisco real estate will be screwed if this trend continues. Would you buy puts on SF real estate?
gamesexposed t1_iydaio9 wrote
SF? Look at the shit show in Boise.