I believe we are seeing normal corrections in the housing market which has been overheated due to low interest rates. It is not some big conspiracy by the gover

I believe we are seeing normal corrections in the housing market which has been overheated due to low interest rates. It is not some big conspiracy by the government and it is not a big collapse as some are making it out to be. 1/8th of a percent on a 30 year mortgage equals 80 dollars more per month on a 500k home, over 30 years, that is 28 grand more you are paying. The mortgage rates went from low 3% to high 5%, now even at 6%, in a matter of a few years. Of course this will cool the market a bit, people can do the math that much more in interest is hundreds of thousands. This is very different from the 2008 crisis where people that had no business owning homes were defaulting on their loans. This is just supply and demand, standard capitalism. Home prices will come down a bit and they will start selling more homes.