Housing market shows signs of strain; historic anomaly suggests prices may soon decline in many areas.With housing prices poised for a potential reversal, the market grapples with a historic anomaly set to reshape perceptions. Surging inventory, exemplified by a 51% growth in Cape Coral, FL, and the looming “Airbnbust,” hint at a significant shift in real estate dynamics.
Housing is starting to buckle in certain pasts of the country pic.twitter.com/t2hO12MTnD
— QE Infinity (@StealthQE4) April 27, 2024
Other areas of weakness and linkt.co/lPCJyZN53L pic.twitter.com/ml2cmWzlYH
— QE Infinity (@StealthQE4) April 27, 2024
You think housing prices will keep going up because you've seen it all your life. But this is a historic anomaly that is likely to reverse soon: Prices might start shrinking in many places.
This thread is the case against investing in housing: pic.twitter.com/nyBxaSxow3
— Tomas Pueyo (@tomaspueyo) April 27, 2024