Nick Gerhli - Biggest Housing Bubble in US History
A friendly reminder that we are in the biggest housing bubble of all-time.
— Nick Gerli (@nickgerli1) August 26, 2024
Inflation-adjusted home prices today are almost 100% higher than the long-term, 130-year average.
Only 2x in US history where this has ever happened: 2006 and right now.
Note how from 1890 to 2000,… pic.twitter.com/Ll0NL4wVhP
Saturday, July 29, 2023
Friday, July 28, 2023
Tuesday, July 25, 2023
Saturday, July 22, 2023
Friday, July 21, 2023
Robert Shiller says decade-long rally in home prices could end when the Fed wraps its hiking cycle
https://finance.yahoo.com/news/robert-shiller-says-decade-long-005907999.html
The fear of further interest hikes pressured homebuyers to secure houses ahead of higher mortgage rates, the Yale economist said.
The fear of further interest hikes pressured homebuyers to secure houses ahead of higher mortgage rates, the Yale economist said.
Wednesday, July 12, 2023
Tuesday, July 11, 2023
Monday, July 10, 2023
Tweet from jeroen blokland (@jsblokland)
jeroen blokland (@jsblokland) tweeted at 4:53 AM on Mon, Jul 10, 2023:
The US 30-year #mortgagerate has spiked to a new high of 7.38%. This is the highest level in more than 22 years. It does not require rocket science to figure out that the spike will have a massive impact on the disposable #income of people buying a new house or getting a mortgage… https://t.co/TzFbqc3eO1
(https://twitter.com/jsblokland/status/1678371903487049728?t=vbEWL4-zU00rnf3gjx_cRw&s=03)
The US 30-year #mortgagerate has spiked to a new high of 7.38%. This is the highest level in more than 22 years. It does not require rocket science to figure out that the spike will have a massive impact on the disposable #income of people buying a new house or getting a mortgage… https://t.co/TzFbqc3eO1
(https://twitter.com/jsblokland/status/1678371903487049728?t=vbEWL4-zU00rnf3gjx_cRw&s=03)
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