Nick Gerli – Twitter, Released on 11/14/22
Reminder: even with the recent decline in Home Prices, America is still in the largest Housing Bubble Ever.
40% Decline in Real Prices needed to get back to long-term trend.
Prices today are STILL higher than previous peak in 2006 Bubble.
More pain is coming.📉 pic.twitter.com/mPqI1Odb3X
— Nick Gerli (@nickgerli1) November 14, 2022