John Rubino's Substack

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Soaring Inventory Is (Finally) Cutting Home Prices

Mass extinction of leveraged players coming

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John Rubino
Aug 24, 2025
∙ Paid

In just the past few years, US houses have gone from pricey to historically unaffordable:

Since people can’t buy what they can’t afford, home sales have cratered to ridiculously low levels:

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