Everyone Was Bullish On Housing Until This Debate

Everyone in the room was bullish on housing, then we actually walked through the data.

This video is a live housing market debate where I take the bear case against two bullish perspectives and focus on the one question that matters more than anything else:

Who buys next?

We are not talking about headlines or opinions. We are talking about transaction volume, affordability, buyer behavior, and why markets stall long before prices fall.

In this debate we cover:

Why housing markets stop clearing before prices move

The difference between sentiment and actual demand

Why first time buyers are disappearing

What falling transaction volume really signals

Bullish arguments around AI, rates, and productivity

Why those narratives may not translate into buyers

Single family vs multifamily risks over the next three years

What a real estate bear market actually looks like in real life

If you are a buyer, seller, investor, or agent, this conversation matters because the market does not move on hope. It moves when buyers can afford payments and transactions clear.

Watch the full debate and decide for yourself.

Read my Substack for what I can’t say here: jonbrooks.substack.com

**Disclaimer**: This video reflects my personal opinions based on my experience and research. It should not be taken as financial, legal, or real estate advice. Always do your own due diligence and consult qualified professionals before making decisions.