Why the Housing CRASH Hasn’t Happened, YET. Crash Bros Predict Home Price Collapse

The housing market hasn’t crashed yet despite convincing charts from the crash bros that home prices are going to crash. Housing is still fundamentally strong with low foreclosures, low unemployment and the lowest mortgage default rate ever. There is little evidence that a housing crash is coming, but instead home prices and the housing market is adjusting to the massive amount of money that was made available to stimulate the economy, including ZIRP (zero interest rate policy). Additionally there is over $10T (Trillion) in cash, checking, savings and money markets that is primarily held by households. Home owners have more wealth than they have ever had.