Why America's housing crisis has hit a new inflection point

[Renaissance Man]

6. A mortgage crisis to align with a student debt crisis.

This mortgage crisis and student debt crisis are eventually going to mushroom into something this country does not want to live through.

Another issue, other than raising interest rates, are the hedge funds and large investment companies (like Zillow, Redfin, etc.) that have got in on the action and are buying up houses and reselling them at a markup that wouldn't be happening had those companies not been in existence. Coupled with rising interest rates, there is going to be a large portion of Gen Z buyers that are not going to be able to access affordable single family homes.

This will create a domino effect of these same buyers needing to access rentals, which will only provide landlords and real estate investors with the incentive to jack up rents because they know these same people can't afford mortgages.

This is what disaster capitalism has wrought.