This chart shows fizzling momentum in the housing market

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Another housing market chart to make you go 🤔...

 

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The housing market is nonsensical. There's a limit to how far you can expand a bubble and we're approaching it. If you paid $75k for a house and 25 years later sell it for 10x that, there's something fundamentally wrong with the market and the day of reckoning is among us.

Too high

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