How do housing bubbles burst? Slowly, then all at once. The wipeout of fake wealth created by fake Yellen Bux “money” is going to be epic.

May 30, 2023 3:21 pm by IWB

by Simian_Stacker

10 out of the 20 cities in the case-shiller 20-city index reported price declines over the last year, the most since 2012. The 20-city index was down YoY for the first time in 13 years. pic.twitter.com/LrTg8tqlAR

— Charlie Bilello (@charliebilello) May 30, 2023