Ed Dowd, in the interview posted ^^upthread, talks at length about the housing market which was already weak and has been since 2019, that it has been additionally impacted by the Trump deportations ongoing. Home affordability is at an all-time low
We may be looking at an imminent housing crash that takes the rest of the Real Economy and stocks/asset market with it

>>512743604
>Can I get an Interest-only mortgage in todays market?

big mfr like Lennar are giving multiple 100k discount deals

>>512164310
>Banks
this


it's a primary phenomenon and result of post-1970s Financialization ------ >>512163265
of the global economy

Global real estate market is Financialized, it's a spearhead of the post-1970s Financialized global economy and in the U.S. over the past two decades, residential real estate has outpaced stock market valuations

https://www.youtube.com/watch?v=t6m49vNjEGs