re: Monthly mortgage payment based on a median existing home is now at a record $2,322

quote:

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Don't worry. It'll crash soon. Americans can't afford this. So they won't buy. No one buying means prices crash. It's on its way already.

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Folks keep saying this …yet here we are….still.

There seems to be no limit to the amount of debt people will acquire willingly.

But more to your point…something has to give at some point, right?
The whole situation is so flipped upside down.

Rent is high, mortgages are high, consumer debt is high, car prices are high….
And on and on and on.