I love the word "shelter".

Simply because it goes straight to the hart of the matter.

A house is a shelter !

Add luxury, fine.

Spend what you can, fine.

But going into debt for it be carefull !

Use it as saving account, and many will get hurt.

Because using it as saving account is absurd and abuse.

We are forced to do so since fiat is not working as store of value.

But housing will prove to be even worse..

A house is a liability, takes maintenance, can't be trusted to be liquidated quickly, can't be moved.

Next most modern houses, so most by far, won't last a 100 years, but who takes that into account and is depreciating its value property, I know at this time both sellers and buyers don't...

As soon as it becomes clear we have sound money again, that is a way better SOV, and goes by the name #Bitcoin, the housing marked will start to change.

It will take time because the disturbance has hold on for so long.

Many failed 'want to be' house owners will buy up the first waves of houses that hit the market.

But the new, old, reality will set in.

Housing is not a saving account.

And most added value but especially imagined value (at this moment real value don't get me wrong) will escape.

And that process is always faster and more violent than the way up...

Housing will become shelters again.

And only than the Housing market can recover and will become healthy again.