We're in the biggest bubble ever.

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We're in the biggest Housing Bubble of all-time according to the data. Home prices adjusted for inflation are now even higher than the 2006 housing bubble peak.

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Moreover - mortgage rates have spiked, meaning that the typical house payment for a homebuyer in 2024 is around $2,700. which is almost 30% more expensive than the cost to rent.

These dire statistic suggest that it's a bad time to buy a house right now.
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