Periodically we get a really good analysis of the RE market and why the housing situation has become the disaster waiting to happen that it is. This is one such article, the sad reality though is despite at least a few people are aware of the problems and reasons for them, AND are able to get articles published in widely read financial journals, nobody in power pays much attention or does anything to address these problems and correct them. This because those same people who hold the strings of power are financially bought into the system as it exists and are getting ever richer the longer they can keep the game running.
Like all bubbles though it will pop eventually and the great financial house of cards will come crashing down. What unfortunately true also is that it's so difficult to say what will trigger the collapse and when it will come. That's what keeps me waiting, watching and writing about collapse though, despite the fact so many others have stopped. I don't wanna miss the action when it finally comes.
https://www.strongtowns.org/journal/2024/11/12/the-housing-market-is-a-bubble-full-of-fraud-and-its-going-to-pop-mdf24
The Housing Market Is a Bubble Full of Fraud, and It's Going To Pop
RE
The Housing Market Is a Bubble Full of Fraud, and It’s Going To Pop
Started by RE Nov 13, 2024, 02:17 PM
Message path : / Society / The American economy / Florida housing market crumbles: Homeowners struggle to sell amid rising insurance #1
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