🚨 HOUSING MARKET IS AT BREAKING POINT Case Shiller index divided by CPI shows the real story. This strips out monetary expansion to reveal actual purchasing power cost of homes. For over a century, real home prices stayed flat around 0.5. Boring, stable appreciation tracking economic fundamentals. 2006 peaked at 0.92. We called it a bubble. It nearly destroyed the financial system. Right now we're at 1.01. We've blown past the 2006 peak by 10% in real terms. After the 2008 crash, prices corrected to around 0.6 by 2012. Then, instead of returning to the century-long trend of 0.5, they climbed even higher than the previous bubble peak. This isn't organic appreciation. It's cheap debt flooding into hard assets while wages stagnate. The math is brutal. At 0.5 ratio, housing tracked general price levels for a century. At 1.01, homes cost more than double what they should relative to inflation-adjusted historical norms. Median income buys less house now than at any point in recorded history. The affordability gap is unprecedented. Here's what 1.01 versus 0.92 actually means. The 2006 bubble that crashed the financial system was 84% above the historical mean. We're currently 102% above it. The market didn't just recreate the bubble. It exceeded it while fundamentals got worse. Mortgage rates are higher. Debt-to-income ratios are stretched. Real wage growth hasn't kept pace. Every major deviation from the 0.5 mean has been corrected. 1890s, 1920s, 1970s, 2006. Each time the ratio spiked above the trend, it eventually reverted. Sometimes violently. The pattern is consistent. We're at the liquidity shift phase now. Fed isn't printing. Rates aren't coming down fast enough to matter. Inventory is building while qualified buyers exhaust. When the 2006 correction hit, nobody believed it would be that severe. The ratio dropped from 0.92 to 0.6 in under four years. That's a 35% real price decline. If this corrects to historical mean like every previous spike, we're looking at a potential 50% real price decline from current levels. Back to 0.5, where fundamentals say it should be. Retail bought the top using maximum leverage because they were told prices only go up. Now those mortgage payments on overvalued properties are unsustainable at elevated rates. This isn't speculation. It's what 150 years of data show happens when real prices deviate this far from mean. You don't need to be a genius to understand this, open your eyes, ffs.(Hanzo ㊗️)