So many buyers are going to regret overpaying for their homes the past 3 years. We have 1.3m homes per year coming to market vs 350k net working age adults. Who's going to buy all these houses?

Without demographics can it ever recover pic.twitter.com/2GkWQ5sEFN

— Darth Powell (@VladTheInflator) June 6, 2023

See also Home prices demand $112,000 income to qualify for mortgage, median American household earns just $84,000 yearly

We have 1.3m homes per year coming to market vs 350k net working age adults.

Who's going to buy all these houses? pic.twitter.com/IrtD892kDG

— Darth Powell (@VladTheInflator) June 6, 2023

See also The Fed just admitted the job market won’t recover for years. They now expect higher unemployment through 2027. Fed model divergence flashes pre-recession warning, chart mirrors 1989, 2001, 2008 before hard pivots