Will the Housing Market Crash? How This Market Compares to 2008

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The housing market is heading into waters not charted in decades. We haven’t had to deal with several factors at play in a long time, including high inflation, rising interest rates, low supply, and rapidly increasing home prices. All of these factors beg the question, will the housing market crash?

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Looking back at the 2008 housing bubble, the issues resulting in the recession seem obvious today in hindsight. However, at the moment, almost nobody saw the housing market crash coming.

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Will the Housing Market Crash?

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Interest Rates

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Tighter Lending Standards

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High Demand and Low Inventory

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High Inflation

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The 2008 market was propped up by bad loans when inventory was far outpacing the need for housing. However, there are a few wildcards at play that are unknown that could result in a crash.

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