this chart just keeps getting worse

Higher mortgage rates should help 😣

Can't wait for housing to go on sale. 2008-2010 2.0.

Seems oddly appropriate for this chart.

Your local real estate agent who never studied economics will still tell you now is still a great time to buy lol

This is why young people are upset with the economy. The “Golden Age” does not apply to them.

Housing costs ran away from incomes years ago and never really came back.

COVID-era "unlimited QE" fractured real estate for a generation.

I'd like to thank the Federal Reserve and M2 management.

Yea, let's raise interest rates LOL The elites HATE us.

Why didn’t you say the same thing when Biden was president?

Let raise rates and make it harder to buy a home and more expensive to build them. Makes sense.

Most unaffordable in history for now. Remember it can always get worse!

Housing used to be a low-risk way to generate wealth. It is not longer true given the high inflation, high cost, high tax, and alternative investment instruments such as stocks, ETFs, gold and crypto. Sad but true.

I thought low demand resulted in low prices?

Sellers just won't bend

Lmao pure comedy- all by design

I would be suprised if 2008 crisis do not repeat. Many people will default and become homeless.