Hate to break it to you, your home is WILDLY overpriced pic.twitter.com/D82Rxm6uZ5
— Darth Powell (@VladTheInflator) July 7, 2026
Every 1% increase in mortgage rates cuts buying power by ~10%.
3% mortgage → $1,600/mo
8% mortgage → $2,900/moThat’s a 74% payment increase.
Incomes didn’t rise 74%.
That’s why housing affordability collapsed.— Jon Brooks (@jonbrooks) July 8, 2026
I just bought a house 25% below its 2021 price.
"Crash pricing" is spreading across many Sun Belt housing markets.
In this video with Adam Taggart, I explain how I'm buying houses in 2026 at post-crash pricing, and show examples of sellers taking 30 to 40% losses.
This is…
— Nick Gerli (@nickgerli1) July 8, 2026