U.S. Housing Is A Dead Man Walking

Summary

• There is not a shortage of housing, only a shortage of sellers.
• New home construction is outpacing population growth and going to lead to overbuilding.
• Higher mortgage rates are going to cause havoc to this housing market, with the peak appearing near.
• A picture is worth a thousand words, but a chart is worth a thousand pictures.

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We need to talk about U.S. Housing.

To say that it is a sellers market is an understatement. Prices have been rising relentlessly, to the dismay of countless home buyers. As of January, 95% of realtors surveyed suggested that buyers

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