Why Hasn’t Housing Crashed Yet?
Everyone Keeps Predicting a Housing Crash - Steven Thomas
This housing market update from Steven Thomas of Reports On Housing examines why years of housing-crash predictions still haven't led to plunging home prices. Steven breaks down the collapse in closed sales, today’s limited housing supply, weak buyer demand, and the missing forced selling that helped drive the Great Recession. The analysis also compares today’s borrowers, homeowner equity, delinquencies, and lending environment with 2008 to explain why this housing market is fundamentally different.
👉🏼 "Housing Debrief" - Season 7, Episode 37 👈🏼
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*The content in this video is accurate as of the posting date. This is not investment advice.
Time Stamps:
00:00 Introduction
00:49 The Doomers Bought Homes
02:22 The Million Dollar Clickbait Machine
05:39 The Housing Crash That Did Happen
06:34 What a Price Crash Actually Requires
07:21 Why Inventory Is Still Too Low
10:21 The Missing Forced Selling
12:26 2008 vs Today
14:06 Conclusion

