Writing is on the wall. The recession (depression?) is already here. The housing market has already taken the hit - it crashed upward in price this time around

Writing is on the wall. The recession (depression?) is already here. The housing market has already taken the hit - it crashed upward in price this time around and now activity is grinding to a halt in most markets around the United States. Contract activity is down 20% or more in most major areas, both YoY and QoQ. The fed rate hike spooked buyers and most activity is institutional, many of whom are going to offload when the short-term rental market bottoms out. The question most people should be asking is what should I park my assets in to weather this. My opinion is that there isn’t much that’s going to be safe this time around. Burry’s water meme might come true finally.