This. I’ve seen so, so many people bullish on real estate and all I see is a decades-long bear market coming.

You have to realize that boomers own 2x houses for every 1 that elder millenials and gen-x’ers own.

And gen-z + millenials add up a little over the size of dying boomers.

And developers are still building as fast as they can. There will be a non-stop stream of excess housing hitting most markets.