Is a Housing Crash Coming?

What are the demand and supply drivers of home prices? What is the current status of those drivers and do they suggest a housing price crash is imminent, particularly given mortgage forbearance programs are ending? Topics covered include:How much have home prices appreciated in the past year compared to historical ratesWhat has driven the demand shock for housingWhy U.S. houses are so much more affordable compared to earlier periodsHow big is the housing shortage in the U.S.What could cause home prices to crashHow housing supply and demand drivers apply to local real estate marketsHow to purchase a home in a hot housing market Thanks to the Modern Finance podcast and Simplify ETFs for sponsoring the episode. For more information on this episode click here. Show Notes In a forgotten town by the Salton Sea, newcomers build a bohemian dream Rory Carroll—The guardian For One Weekend a Year, a Tiny Town on the Salton Sea Becomes a Mecca for Artists and Partiers by April Wong—Los Angeles Magazine Electric vehicles need batteries. Those need lithium. That’s where the Salton Sea comes in. by Elliot Spagat—Chicago Sun-Times A shock is headed for the housing market by Lance Lambert—Fortune Housing Supply: A Growing Deficit—Freddie Mac Related Episodes 235: What If Home Prices Always Declined 258: How Financialization Pushes Up Home Prices 317: How To Buy In A Hot Housing Market See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.