Hidden Forces in the Housing Market…
As many of you are starting to realize (myself included) this isn’t your typical housing market bubble and crash. We have a loss of jobs, many people in forbearance, and many tenants and landlords behind on payments. Yet, the housing market is on fire. Why is this? Because the government is hiding all of the problems in the shadows and providing temporary fixes, but you can’t hide these big problems in the shadows forever.
What is the government hiding? What will happen as these issues show up? This shadow supply and shadow demand will show up eventually.