A 20% dip in the housing market doesn’t fix the fact that homes are still unaffordable.
Politicians ignored affordability, and now the housing market is punishing everyone.
Don’t forget: the housing market always bounces back higher after every crash.
Renters see no relief because the housing market drop doesn’t stop rising rents.
Insurance + taxes are just as dangerous to the housing market as high rates.
A million-dollar home dropping to $800k still isn’t affordable for most families.
Homeowners laughed at “doom and gloom” talk—now equity is vanishing.
The real pain will come if unemployment spikes along with falling prices.
A soft landing? Tell that to families who bought at the 2022 peak.
From dream homes to financial nightmares in just one decade.