The housing market continues to show signs of crashing...
but to me, it shows more and more signs of utter destruction. Going away forever.

The suburban house, and the cities that support them are going away.
The McMansion will become a footnote in architectural history.

If you own rental property, i am unsure what to advise... because you are just screwed... but it will be a slow process.

The list grows longer

Any one of these would mean a crash in the housing market, but all of them...?

• Interest rates on mortgages have more than doubled in the last year
• The average house prices in suburban areas are higher than the average person can afford.
• Boomers are moving into retirement homes or cemeteries.
• We are seeing a huge increase in all-causes-death, and the rate is increasing.
• We haven't seen anything of the VAXXX deaths that are coming. Invest in mobile crematoriums.
• Blue cities are allowing crime, drug use and homelessness on their streets. Meaning all the businesses will soon be gone.
• recession Depression is upon us and the amount of layoffs will continue to rise. Meaning no one is going to afford the houses at these prices.
• Big stores are closing many locations.
• Entire malls are closing.
• All the reasons you would live in a suburb are going away.

So, what i am trying to point out here is that there will not be a housing crash in suburban areas, there will not be a housing market in suburban areas.

What the dying housing market means.

There will be so many people dying or vacating their houses, that at least 1 in 4 suburban homes will lay vacant soon.
And soon after that, it will be 3 in 4 houses.

Of course, the housing market reacts slowly.
House prices should have dropped to half, since mortgage rates have doubled, but we are seeing sellers barely lower the asking price.

I am seeing this year as the last year to get any real money out of a house by selling.
It may be easier to get equity out of a house by getting a HELOC.

If you own a few rentals, i would seriously look at moving equity around and paying off the best properties with the best tenants. Then reorganize your corporations to seriously limit liability.

Things are not going to bounce back
Instead, in the further future we will see groups of younger adults going through malls and suburbs taking everything of value out of those houses. Copper wires, copper pipes, windows, wood...

The days of the suburban house are gone. All that is left is to watch them fall over.

So plan accordingly.
The old adage of "Your house is your biggest asset" was never true, but now, it is going to become nothing but a liability.

The Future housing needs for "Families"

People are going to start migrating to be with their kindred spirits. Forming what will be referred to as families.
Families by choice. Families to live, work and protect each other during the even harder times that are coming.

The stick framed, cheaply insulated, poorly designed, cookie-cutter suburban houses will not be useful to these families. Even if they find their area to build inside a suburb.

If the house isn't passive-solar heated and well insulated, it will cost too much to live there.
And the new "family" housing will require a completely different form. Having many rooms for people to be alone, and many larger rooms for people to get together.

We will probably also see the many buildings in a community have roofed walkways so people can get between during snow storms. Or maybe tunnels.

The old ideas of single family houses will seem strange. Like, how do they expand when your family expands? Or contract when there is too much wasted space?

Or, how could those people of old have such small bathrooms when the act of self maintenance is the most important thing a person can do?

Things are going to be very different.
I am writing this for people to make plans and prepare.
If you are planning on your home price to keep going up so you can retire... well, your plans are shot.

All images in this post are my own original creations.