Schiff on Redacted: The Housing Market is Doomed to Crash - SchiffGold.com
Schiff on Redacted: The Housing Market is Doomed to Crash - SchiffGold.com
Source: SchiffGold.com
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DW NOTE
Schiff has been calling housing crashes since 2010. He was wrong then, wrong in 2015, wrong in 2020. The difference this time is the 10-year yield at 5.28% — up 27% year-over-year — which makes mortgages genuinely unaffordable rather than theoretically overvalued. A broken clock eventually gets vindicated by rate policy.