Graham Stephan, relaying another source: a call with no clear direction

Said on Apr 23, 2021, at 3:40 in the video.

What was saidApr 23, 2021

Graham Stephan

@grahamstephan

“some analysts are actually calling for this to be the next housing crisis”

Watch at 3:40The Housing Market JUST Went From BAD To WORSE

Predictiona call with no clear direction

What happened

Relayed

Somebody else's forecast — not scored

Details and evidence Report a problem

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

Somebody else's forecast — not scored

What was said around it

although now today there's another reason why housing is continuing to go up and most likely it's not something you would expect right now with all the demand for housing property developers are on a mission to build homes as quickly as they possibly can but there's a problem they can't keep up with demand because they don't have enough materials to build from listen forget everything i told you about investing in the stock market or investing in the real estate market or buying up cryptocurrency because lumper prices are up a whopping 200 percent year over year some analysts are actually calling for this to be the next housing crisis but instead of being caused by a wave of mortgage defaults on non-performing loans it's caused by a lack of lumber increasing the cost to build a new home by an average of twenty four thousand dollars so what happened well in 2020 when the pandemic hit and people were recommended to stay indoors the production of housing materials began to slow down that ended up causing not only the price of lumber to skyrocket but also every other material needed to go and build a house like pvc drywall copper pipe and wiring is up 25 to 40 percent year over year and even

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