Shortage my ass, it’s all overpriced rate-locked bullshit finally breaking.
Insider cheerleaders ignore the pain and push the narrative for another round of bagholders…
Sellers are cutting their prices at a record 34.2% rate. The highest level since 2012.
But yeah, we have a housing shortage. pic.twitter.com/YObuOrbKJC
— Jon Brooks (@jonbrooks) May 16, 2026
“I get goosebumps even thinking about the housing market, about the economy the next 2-3 years.
I think we're going to see a real estate market the likes of which we've never seen these next 2 to 3 years.“
– Bill Pulte, Director of the U.S. Federal Housing Finance Agency… pic.twitter.com/xA2GS9uRR6
— Grant Cardone (@GrantCardone) May 16, 2026