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  Michael Caley
  michaelcaley.bsky.social
  did:plc:whdyuznluo6jkl664y5xylr6
  I think it's useful to compare this chart to the household debt series:
in the 2008 we had the classic bubble dynamics of debt-fueled speculation that are not present today
what we have now is a different kind of housing crisis, not a bubble, a desperate lack of supply driving prices to the moon
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  2025-10-16T16:27:11.261Z