I would be shocked if home prices don't drop like they in 2008. Not as much of course.
Makes no sense that housing prices would stay at record highs with every other asset falling.
The US housing market went haywire over the past two years for a simple reason: There weren't enough homes to meet overwhelming demand.
But now one research firm is warning of a new threat looming on the horizon: too many houses. https://businessinsider.com/next-housing-market-price-crash-too-many-homes-real-estate-2022-6…