The Death of the US Real Estate Dream

In I showed how Japan’s first and more massive real estate bubble peaked in 1991. And then showed how it crashed right along our bubble model into 2013. The difference was, it never bounced. Even when its Millennial generation came along to buy houses again. A rise of “dyers” (sellers) were offsetting the rise of Millennial buyers. Now let’s look at the U.S. bubble – or our double bubble. Our first bubble peaked after peak demand from Boomers (2003) in early 2006 on a 41-year lag. Ant it crashed. The demographic downturn we predicted set in after 2007. Right when the sub-prime lending crisis blew up. It took six years to build, and six years to crash into 2012. That’s down 34% versus Japan’s whopping 70% over 13 years.