Is Housing a Bubble Waiting to Pop?

From awealthofcommonsense.com

A reader asks: For all these new home buyers who bought at massive house prices due to ultra-low rates…will they then get screwed when house prices normalize with ~6% rates being the norm? So like when they sell their home to move, they may be selling at a loss? Is this not a bubble waiting to pop? This is always a possibility. There was a massive pull forward in housing returns these past couple of years. Just look at how off trend that spike is since the summer of 2020: If higher mortgage rates stick around for the foreseeable future it wouldn’t surprise me if that led to a slowdown in housing prices or even a ... (full story)