Monthly Supply of Houses

Will history repeat itself?

Is it time to call Ben Rickert, Jared and Vinny.

What would those guys think about it?

Any other time the houses supply was this high it was considered a recession.

I know what you’re thinking. Defaults are what caused the GFC.



Loan Defaults?

Delinquency rate bubbles are a result of higher interest rates and tight monetary and fiscal policy all of which are just now appearing.



The sudden increase in rates may be too quick of a shock to the system.

Who knows what other bubbles await.

There may be enough stimulus to keep it going a little while longer.

Could government spending be the bubble.

The real problems start when a negative wealth effect from falling home prices and high interest rates cause a tsunami of foreclosures.

Inflation isn’t going away and that means rates are here to stay.