John Rubino's Substack

John Rubino's Substack

Weirdest Housing Bubble Ever

It's not clear how this resolves

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John Rubino
Feb 26, 2025
∙ Paid

Real estate is cyclical, which means it has its booms and busts, each of which differs slightly from the last. But today’s US housing market is so outside the norm that its strangeness has become the story’s main theme. Consider:

Numerically speaking, housing used to be driven by young families buying starter houses. But today, the median age of homebuye…

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