/biz/ - Business & Finance

>>51205884
That's because housing has never been so overvalued. There was no where for it to crash in the past. Even during the great depression housing couldn't fall that much. Today its different. In the past 60 years the median home price has risen from $18,000 to $440,000. In the past ten years median home price has risen $220,000. In the past two years there has been a roughly 25% increase in the median home price. There is plenty of room for housing prices to crater right now. The crash in 2009 was only 20% of the median home price. That could easily happen again and more.
https://panam1901.org/visiting/othercosts.htm
https://observationsandnotes.blogspot.com/2011/07/housing-prices-inflation-since-1900.html