It will feel like there is no real choice but to play the game in a broken process  I don't know which lenders YOU work with that stick chewed bubble gum at a wall, but I know for me, I make sure to see if a deal is worthwhile and is closable.

We are in a huge real estate bubble but most were unaware dating back to the spring of 2020. 

Oh, ignore it, were going the bubble-gum and duck-tape route, ok.

It’s no surprise the bubble burst in MF as the same factors that caused the SFR market to burst 15 years earlier caused the MF market to burst. 

But on the other, if the sales prices have been impacted by bubbly appraisals, this could lead to lowering of prices

Feels to me like it being WAY overbuilt and is a bubble in the making.Thoughts?

Well, I'd hate to burst your bubble but you're not.

Agree with @Marcus Auerbach unless something unusual is in play like the sketchy lending practices we saw years back that caused RE bubble to burst I envision the ebbs and flows as more subtle based on supply and demand.

The Proposal Guest Who Treats It Like Sacred GroundComp: Travis Kelce – Big heart, even bigger follow-through.They brought champagne, customized signs, and didn’t even leave a single rose petal behind.

While credit availability is rising, lending standards are still under control.Based on MCAI data going all the way back to 2004, today’s lending levels are still way below what they were leading up to the housing bubble (see graph below):So, increasing mortgage credit availability right now isn’t a concern.