Home prices are collapsing at the fastest pace since 2008.
Housing inventories are rising at the fastest pace in history and are already at a level previously associated with deep recession and economic deleveraging. pic.twitter.com/Dxa1TeFYD9
— Wall Street Silver (@WallStreetSilv) August 3, 2022
The "American Dream" shopping mall is in default.https://t.co/haFV1TNGok
Another casualty of misallocated cheap capital.
14 years of 0% rates later, pundits wonder relative to 2007, where is the leverage this time?
Everywhere. pic.twitter.com/TmyeBQZk44
— Mac10 (@SuburbanDrone) August 2, 2022