Coin Bureau: Housing crash will happen

Said on Aug 13, 2022, at 14:47 in the video.

What was said
Coin Bureau

@coinbureau

“it's only a matter of time before that big crash comes and even though it probably won't happen everywhere at once it will almost certainly be a global phenomenon”
Watch at 14:47Housing Market Crash: It's Coming & This is WHY!!
PredictionHousing crashwill happenChecked at fixed windows, from 30 days to 5 years
What happenedafter 1 year
Incorrect

Reading when said

303.76

Aug 13, 2022

Reading at close

311.5

Aug 13, 2023

Change

+7.74

The house price index (CSUSHPINSA, first releases) stood at 303.8 in August 2022, the figure at the start of the window. Between then and August 2023, its deepest fall from a running peak was −3.6%, in January 2023. A fall of at least 10.0% counts as a housing crash, and at least 5.0% as partial. The call was that a housing crash would come.

30 days

Incorrect

90 days

Incorrect

180 days

Incorrect

1 year

Incorrect

The window it was checked over

This series is not charted here until its publisher's terms for reusing it are confirmed. Each verdict still cites the figures it was judged on.

S&P Cotality Case-Shiller U.S. National Home Price Index: S&P Dow Jones Indices via FRED

Result at every window

All windows are shown, so none is picked
Result at every window
WindowResultAt the startAt the endChangeBenchmark
30 daysR-CRASH v4Incorrect303.76300.41Sep 12, 2022−3.35—
90 daysR-CRASH v4Incorrect303.76297.29Nov 11, 2022−6.47—
180 daysR-CRASH v4Incorrect303.76293.17Feb 9, 2023−10.59—
1 yearR-CRASH v4Incorrect303.76311.5Aug 13, 2023+7.74—
3 yearsR-CRASH v4Incorrect303.76330.02Aug 12, 2025+26.26—
5 yearsR-CRASH v4Pending——Aug 12, 2027——
Why: 30 days

The house price index (CSUSHPINSA, first releases) stood at 303.8 in August 2022, the figure at the start of the window. Between then and September 2022, its deepest fall from a running peak was −1.1%, in September 2022. A fall of at least 10.0% counts as a housing crash, and at least 5.0% as partial. The call was that a housing crash would come.

Why: 90 days

The house price index (CSUSHPINSA, first releases) stood at 303.8 in August 2022, the figure at the start of the window. Between then and November 2022, its deepest fall from a running peak was −2.1%, in November 2022. A fall of at least 10.0% counts as a housing crash, and at least 5.0% as partial. The call was that a housing crash would come.

Why: 180 days

The house price index (CSUSHPINSA, first releases) stood at 303.8 in August 2022, the figure at the start of the window. Between then and February 2023, its deepest fall from a running peak was −3.6%, in January 2023. A fall of at least 10.0% counts as a housing crash, and at least 5.0% as partial. The call was that a housing crash would come.

Why: 1 year

The house price index (CSUSHPINSA, first releases) stood at 303.8 in August 2022, the figure at the start of the window. Between then and August 2023, its deepest fall from a running peak was −3.6%, in January 2023. A fall of at least 10.0% counts as a housing crash, and at least 5.0% as partial. The call was that a housing crash would come.

Why: 3 years

The house price index (CSUSHPINSA, first releases) stood at 303.8 in August 2022, the figure at the start of the window. Between then and August 2025, its deepest fall from a running peak was −3.6%, in January 2023. A fall of at least 10.0% counts as a housing crash, and at least 5.0% as partial. The call was that a housing crash would come.

Why: 5 years

Not yet resolved. The window closes Aug 12, 2027.

What was said around it

can't afford to buy the only option is to rent and in some countries the government has even been subsidizing these rents as basic economics dictates if demand for something increases while its supply stays the same then its price goes up in this case the demand for rent coming from migrants and refugees gives real estate investors the cash flow they need to continue acquiring properties regardless of rising interest rates now even with all the factors that are continuing to force housing costs higher in some places it's only a matter of time before that big crash comes and even though it probably won't happen everywhere at once it will almost certainly be a global phenomenon and this is for a few reasons for starters central banks around the world have started aggressively raising interest rates in a response to inflation and some of them have been explicit in their intentions to raise rates until inflation comes down regardless of the economic consequences this list includes the federal reserve which put the u.s economy into a technical recession with its rate hikes which it plans to continue until it's confident that inflation is headed for the institution's two percent target and let's

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