https://x.com/akm515/status/1870895683882123400 ops be like, there is no top in RE, it only goes up
Discussion
Normies don’t realize the leverage they took so they can afford the house can also fuck them.
They think leverage can only screw you in crypto or stonks. RE is “safe” they think
RE has no top because the fiat printer never stops, but it periodically slows down.
In real terms RE has peaked. There's a better SoV in town.
In nominal terms, it'll increase again & the BRRRR folks will rejoice at being proven right.