It's finally happening. After a seller strike post-covid, they can't hold on any longer. Any house that sells now, is 50% down from the peak. The forced sales determine the housing price. That includes builders, who were looking at a 50% margin, divorce, and legality sales.
Before covid we were having this big drop. Nobody was paying their mortgage, just racking up infinite phoney capital debt. Now, everybody is 'underwater'. Look to an exponential landslide of low prices, a true 'housing crash'.
For the record, I predicted this would happen in 2007. Good thing nobody reads me...
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