this post was submitted on 03 Sep 2025
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[–] Ancalagon@lemmy.world 2 points 1 day ago (1 children)

Evidence for this housing collapse?

[–] Dogiedog64@lemmy.world 1 points 1 day ago

Housing prices in Texas, Florida, and other historically "desirable" states are currently tanking hard with no sign of stopping. This is usually an incredibly reliable indicator of massive strains in the economy, since if people can't afford housing, the generally can't afford ANYTHING. The reason this has flown under the radar thus far is simple: Trump's antics are SO INSANE that they've effectively overshadowed basically everything else that's been going on in America.

Business Insider - Florida Market Coldest in Country

Newsweek - Texas faces massive housing correction

Newsweek - Florida Condo Prices Falling Fast

This is BAD. Add onto this Southern States' insistence on rolling back any and all disease prevention measures, and we have a multifaceted economic crisis in the making.