THIS IS ABSOLUTELY INSANE
The U.S. housing market just hit its most unaffordable level in history.
It’s worse than before the 2008 crisis.
And nobody seems to care.
The median home is now $415,000.
Five years ago it was $270,000.
That’s a 54% jump. Wages? Up 29%.
Do the math. It doesn’t work.
You now need a household income of $127,000 just to qualify for a mortgage on a median-priced home. The median household makes $80,000.
75% of homes on the market are unaffordable for a typical american family.
Three out of four homes. Out of reach.
Mortgage rates went from 2.7% to 6.3% in five years. That alone nearly doubled monthly payments even if prices stayed flat.
But they didn’t stay flat…
THEY EXPLODED.
And on January 29th, Trump told his Cabinet he wants prices to go even higher. His exact words:
“I don’t want to drive housing prices down. I want to drive housing prices up.” To protect existing homeowners wealth.
Good for the people who already own. Devastating for everyone trying to get in.
99% of US counties are now less affordable than their historic norms. Ninety-nine percent.
There’s a nationwide shortfall of 7.1 million homes.
Construction is slowing down, not speeding up.
Existing home sales in 2025 came in around 4.1 million. That’s one of the lowest totals in 30 years.
Homeownership has dropped to 65%, down from 69% in 2004. Moving in the wrong direction.
The american dream of owning a home is quickly becoming a luxury reserved for the top 25%.
I’ve been telling you for weeks, but I think a market crash this year is inevitable.
The moment I think the bottom is in and I’m deploying heavy, you’ll hear about it here first.
Many people will wish they followed me sooner.
