The housing market "is going to be worse than 2008."
– Housing Expert Melody Wright
— Darth Powell (@VladTheInflator) October 16, 2025
DO NOT BUY A HOME.
I repeat, DO NOT BUY A HOME.
The world is changing fast.
You need to stay liquid.
This is coming from someone with 4 homes who is actively trying to sell them with no success… https://t.co/MUOIIuyYsy
— PepeMoonBoy (@pepemoonboy) October 17, 2025
Liquidity is drying up. https://t.co/MmFzYbrtRY
— QE Infinity (@StealthQE4) October 17, 2025
In her September 2025 interview with TFTC, Wright stated:
“The housing market faces a painful reset… FHA has effectively replaced subprime… affordability is crushed… and institutional landlords are underwater in key metros.”
She emphasized that:
- FHA loans, which now make up ~13% of the market, are being issued with low down payments and low credit scores, echoing the subprime lending practices that triggered the 2008 crash.
- Affordability has collapsed due to rising property taxes, insurance premiums, and utility costs, making homeownership unattainable for many.
- First-time buyers are disappearing as credit tightens, student loans reappear on credit reports, and refinancing becomes harder.
https://www.tftc.io/tftc-housing-crisis-2025-melody-wright/