Read my latest on Forbes - "Why U.S. Housing Bubble 2.0 Is About To Burst": https://www.forbes.com/sites/jessecolombo/2020/03/31/why-us-housing-bubble-20-is-about-to-burst/ $XHB $WFC
In my summer 2019 recession warnings, I argued that U.S. Housing Bubble 2.0 was one of the bubbles that would violently burst.

That scenario is likely happening as we speak... https://twitter.com/TheBubbleBubble/status/1245416421565304832
Like the other bubbles I’ve been warning about, U.S. Housing Bubble 2.0 formed as a result of the Fed’s extremely stimulative monetary policies in the past decade.

Basically, the Fed re-inflated the housing bubble in order to create an economic recovery. https://twitter.com/TheBubbleBubble/status/1245416421565304832
Like nearly all artificial booms, U.S. Housing Bubble 2.0 has inflated faster than the underlying fundamentals.

Housing prices have been rising much faster than inflation, rents, and wages, which is exactly what happened during the last housing bubble.

https://www.forbes.com/sites/jessecolombo/2020/03/31/why-us-housing-bubble-20-is-about-to-burst/
As in the last housing bubble, all sorts of shenanigans has occurred during the making of U.S. Housing Bubble 2.0.

One example: over-leveraged AirBnB “super-hosts," who are now going bust.

https://www.forbes.com/sites/jessecolombo/2020/03/31/why-us-housing-bubble-20-is-about-to-burst/
The housing market is grinding to a halt as prospective buyers face difficulty in viewing houses + unemployment is coming back with a vengeance.

I’m very concerned that the frothy U.S. housing market will be forced to come back to planet earth very soon. https://twitter.com/TheBubbleBubble/status/1245416421565304832
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