ilmscore | Prediction Details
"the calculated Risk blog pointed out that we could be following a very similar trajectory to real estate prices in the 1970s which were also plagued by Rising prices skyrocketing mortgage rates and high inflation but here's where things get interesting during that time home prices continued going higher in terms of a dollar amount but real returns when accounting for inflation fell by 11 over three years meaning home prices went up but the net value declined"
By Graham Stephan | August 3, 2022 | Pending
From video
The Largest Housing Crash Is Coming | Why I Sold 00:11:47 - 00:12:07
Interpreted Prediction
The current housing market may follow a trajectory similar to the 1970s, where nominal prices increased but real returns, adjusted for inflation, declined over a three-year period.

Prediction Details

Topic
Housing Market Trajectory

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