Home builder stocks are predicted to experience a 'blowoff top' over the next few months (late 2024/early 2025), followed by a significant downturn over the next couple of years (2025-2026), due to dropping interest rates loosening existing inventory and/or a tanking economy leading to higher unemployment.
"I think they're all going to have this like blowoff top over this next few months essentially... but I think they're kind of set up in a very bad way over the next couple years rates dropping is actually not going to be good for them... additionally if the economy tanks right let's say we get the tanking of the economy let's say we get unemployment to go up substantially over the next year or two we know that's not going to be good for the home builders either"
