Random Walk

Random Walk

Housing Shortage has been cancelled

When even the agents are calling price-expectations "unrealistic" . . .

Moses Sternstein's avatar
Moses Sternstein
May 30, 2025
∙ Paid

Publishing note: Random Walk is going to experiment with a different publishing cadence over the next few weeks (more details forthcoming). I will endeavor to trade some frequency for depth, at least some of the time.

  • sellers outnumber buyers, by a lot

  • price cuts galore

  • affordability-shortage-lock-in-crisis is OUT; actually, it’s the interest rates is IN

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