The United States real estate market is about to erase all gains from the Covid era.
Those that bought in this time during unprecedented artificially inflated prices are going to get destroyed.
Bookmark it. https://t.co/pTNSFVpRGK
— Eric Spracklen 🇺🇸 (@EricSpracklen) July 5, 2026
Peoples Bank of China managed to deflate a massive, leveraged 20 year housing bubble without a single quarter of economic contraction or loss of growth momentum in the real economy.
byu/SignificantLegs inEconomyCharts
Inflation-adjusted, U.S. homes have never been more expensive.
For more than a century, real home prices stayed roughly flat. Then came the 2006 bubble, the crash and now a new all-time high above the last peak. pic.twitter.com/msndPfYmEi
— The Macro Pulse (@TheMacroPulse) July 4, 2026