Housing, like stocks, bitcoin and zero interest rates are products of EXTREME Fedflation. There is NO way to correct this fact in debt based money and leave a functioning monetary system.
If one studies the great bubbles of history, it is there to be seen what was bubbled returns to where it started. In the case of US real estate that means 1971, where the last gold tethers to the dollar were cut.
From that point on the monetary base has doubled every ten years. It used to be this could be tracked by M-3. That is until the Osama bin Bernanke Fed discontinued it, saying it was to expensive to continue!
To what extent is the government involved ? I think 90% of all mortgages are owned by Fannie or FHA . Forebearance ? Are they “ modifying “ loans like 2008 ..millions of them ? Will they even LET s foreclose happen. God only knows what the Biden auto pen did .
I didn’t realize that until recently ( I hope ) people were still using the excuse of a virus not a to make a mortgage payment. Now that they MUST pay student loans , what wil happen .
FHA modifications are putting a floor under the prices of a lot of starter homes. In other words, the value of these homes is not based on true price discovery. Those who buy are paying a kind of tax because of government intervention. Some individuals are still benefiting from Covid relief programs.
We baby boomers had no problem with the higher interest rates we paid for our first homes fifty years ago. The issue is the the younger generation does not make enough money to afford a house.
Amen to that! On my first home I was paying 18% on my first home in the 80's. I remember when the interest rates dropped 3% it lowered my payment 1500.
The only thing that the US government hates more than the Palestinian people is young American families that have been priced out of home ownership. I suspect that the USG will pull out all stops to keep this group intact. If we do see meaningful price declines, it may take decades. Trump wants massive deficits as far as the eye can see.
Notice the last graph of income, which shows how far above the 2008 crash we are in affording a home. To me this indicates the crash that we're currently seeing will be more severe.
It's all going to come tumbling down at the same time. Like an avalanche, it will not stop until it hits the bottom. Housing has just started, then it will be the stock market's turn at reality.
I suggest reading the 4th Turning, Neil Howe, and at the end ask yourself -- "Are we really going to sail through this time unscathed"? It is time to be prepared to be the 1st one out the door.
Then take the profit from the sale of your house and determine if leaving the U.S. makes sense for you. Panama, Philippines, Cambodia, or several South American countries are good choices. If you have a decent amount of money, there are more "upscale" choices like Kuala Lumpur.
Amazed at how long housing has held on in the north east.
On a separate note from housing. Does anyone else notice these pro sporting events are starting to lack an in person audience? Plenty of seats at any stadium in the country it seems
'We are Overwhelmed - Hospitals are Overwhelmed'...
Chatting with two St John's ambulance paramedics
https://fasteddynz.substack.com/p/we-are-overwhelmed-hospitals-are/
No ethics no principles, no real government ,prepare accordingly on your own for survival on your own terms !!"
Homes in the best school districts will probably hold up better.
When the "herding" into the city, REverses and flows Away from the city the ponzi will collapse.
Already started in Office and retail because of work from home and internet shopping.
Housing, like stocks, bitcoin and zero interest rates are products of EXTREME Fedflation. There is NO way to correct this fact in debt based money and leave a functioning monetary system.
If one studies the great bubbles of history, it is there to be seen what was bubbled returns to where it started. In the case of US real estate that means 1971, where the last gold tethers to the dollar were cut.
From that point on the monetary base has doubled every ten years. It used to be this could be tracked by M-3. That is until the Osama bin Bernanke Fed discontinued it, saying it was to expensive to continue!
Is it time to belly up to the bar?
https://slopeofhope.com/2025/07/pax-icelandia.html
To what extent is the government involved ? I think 90% of all mortgages are owned by Fannie or FHA . Forebearance ? Are they “ modifying “ loans like 2008 ..millions of them ? Will they even LET s foreclose happen. God only knows what the Biden auto pen did .
I didn’t realize that until recently ( I hope ) people were still using the excuse of a virus not a to make a mortgage payment. Now that they MUST pay student loans , what wil happen .
Probably nothing because nothing ever happens .
FHA modifications are putting a floor under the prices of a lot of starter homes. In other words, the value of these homes is not based on true price discovery. Those who buy are paying a kind of tax because of government intervention. Some individuals are still benefiting from Covid relief programs.
Yes, what will happen!? The people must default !
We need a severe recession to escape the depression.
We baby boomers had no problem with the higher interest rates we paid for our first homes fifty years ago. The issue is the the younger generation does not make enough money to afford a house.
Amen to that! On my first home I was paying 18% on my first home in the 80's. I remember when the interest rates dropped 3% it lowered my payment 1500.
The Trumpian maneuver. Right on schedule.
Year-Over-Year CPI Jumps 0.3 Percentage Points to 2.7 percent
The only thing that the US government hates more than the Palestinian people is young American families that have been priced out of home ownership. I suspect that the USG will pull out all stops to keep this group intact. If we do see meaningful price declines, it may take decades. Trump wants massive deficits as far as the eye can see.
Notice the last graph of income, which shows how far above the 2008 crash we are in affording a home. To me this indicates the crash that we're currently seeing will be more severe.
It's all going to come tumbling down at the same time. Like an avalanche, it will not stop until it hits the bottom. Housing has just started, then it will be the stock market's turn at reality.
I suggest reading the 4th Turning, Neil Howe, and at the end ask yourself -- "Are we really going to sail through this time unscathed"? It is time to be prepared to be the 1st one out the door.
Then take the profit from the sale of your house and determine if leaving the U.S. makes sense for you. Panama, Philippines, Cambodia, or several South American countries are good choices. If you have a decent amount of money, there are more "upscale" choices like Kuala Lumpur.
Amazed at how long housing has held on in the north east.
On a separate note from housing. Does anyone else notice these pro sporting events are starting to lack an in person audience? Plenty of seats at any stadium in the country it seems
another sign that people think thru before ultimately buying..