Housing Crash Imminent: As Mortgage Rates Explode Price Cuts Soar And Buyer Demand Collapses | Epic Economist

Housing Crash Imminent: As Mortgage Rates Explode Price Cuts Soar And Buyer Demand Collapses

 

We obviously didn’t learn from our past mistakes. And today, we are seeing another massive housing bubble – even larger than the previous one – falling apart right before our eyes again. The Federal Reserve has created the perfect conditions for another financial disaster to occur, and the next housing market crash is about to wipe out millions of American families whose main asset is their home, while the economy faces a dramatic slowdown, and chaos takes over Wall Street. Even after economists, real estate experts, and market strategists relentlessly warned that this bubble would inevitably burst, authorities just continued to fuel its growth month after month, and year after year. But a reckoning has come – and the crash we’re going to witness will be absolutely breathtaking. Home sales have been steadily falling for the past six months, and prices just started dropping like a rock.

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The man known as Bunker is Patriosity's Senior Editor in charge of content curation, conspiracy validation, repudiation of all things "woke", armed security, general housekeeping, and wine cellar maintenance.

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