buyer fatigue builds to a truly precipitous point where any event could start the slide
construction picks up quickly
oil and energy prices soar too high causing crash fears
speculators believe its time to fully back out of the housing market
rising tax hikes begin to hit middle income earners
home prices ridiculously high and hit a point where they are completely unsustainable
government takes radical move to “correct the situation” for demanding homebuyers
China/US conflict sends stock markets crashing (invasion/war maneuvers)
Russia steps up careless behavior toward the accusatory Biden regime
economy goes into high speed wobble inviting drastic government intervention for debt issues
big rise in tax on corporations and billionaires causes wealth to flee the country
stock market at peak volatility and earnings outlooks dive (investors tuned to earnings now only)
bankers quickly anticipate trouble and begin tightening mortgage lending with higher rates
end of moratorium leads many homeowners, landlords, cities, and renters into desperate bankruptcy situation
the Fed has to raise interest rates too quickly in 2022 to cover debt/capital needs, and given the size of home loans, a 1% increase would create defaults and panic selling
countries around the world plunge into bankruptcy while their economies stall
debt in the cities most likely to crash hits a critical point
Republicans gain new power in 2022 elections and begin shutting down the Democrats
Republicans block excessive spending (their belief that it’s frivolous and wasteful)
a return to globalism which would wipe the US dramatic gains of the last 3 years
“America First” dream fades accompanied by dramatic drop in purchases of China products (trade war) and high cost business environment for US companies
single-family housing construction permits decline spooking home sellers
homeowners who have hung on forever to sell, begin to find somewhere else to live and begin selling en masse
massive student loan and personal debt defaults
Trump investment tax breaks end with nothing to follow them
yield curve inverts again thus scaring the financial community

**gestures to look around Canada*