A friendly reminder that we are in the biggest housing bubble of all-time.
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, home prices were closely linked to inflation and never entered a national bubble.
BREAKING: Inflation adjusted home prices are now a near record 100% higher than the long-term 130 year average, according to Reventure.
Even at the peak before the 2008 Financial Crisis, inflation adjusted home prices were ~10% below current levels.
Furthermore, prior to the year 2000, home prices were almost directly in-line with inflation.
The only 2 times in history that home prices were nearly 100% above the 130-year average were 2006 and 2024.
Something needs to give here.
There is no housing shortage, there is a house hoarding problem.
The propaganda is used to try to avoid the hoarders from selling in mass.
We also have the worst demographics in US history along with the most homes under construction in US history.
Homes are more scarce than dollars, so they will always increase in price in terms of dollars.
Homes are less scarce than #Bitcoin, so they will always decrease in price in terms of Bitcoin.
Once you see this you can't unsee it.
Your view of the world will completely change.
Fractional Reserve Banking and why the entire financial system is a scam explained in 3 min.
You’re going to want to buy Bitcoin after watching this. 👀
This is the biggest negative revision to payrolls since the global financial crisis.
Crucially, it took place in an election year and was meant to pad the numbers, making the economy appear much stronger than it was