Why The Housing Market Has Not Crashed YET (2008 again)
Why is it not crashing? That's the question everyone seems to be asking around the United States. From January 2023 to now, the US housing market has experienced one of the most turbulent rides of all time. Despite 8% interest rates and crashing demand numbers, the market seems to be an unstoppable force that simply refuses to collapse. But just as frustration boils over, and buyers begin throwing in the towel, new evidence is emerging that seems to be hinting at a final catalyst. The one thing that will eventually rip away the floor from this overheated market.
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