For most of this year I have heard numerous business media reports about how housing is “still strong” because of a lack of inventory. “No one is selling because they are locked in to 3-4% mortgages.” While partly true, by the middle of next year housing will be a bust. Not only have a number of the large institutional investors who bought up thousands of single family homes over the last ten years as long term investments begun to sell off many of them, but now many ABB home buyers are facing the reality of less income and some areas banning or restricting short term rentals. As the economy rolls over and deteriorates, so too will the housing market. https://www.zerohedge.com/markets/something-popped-google-searches-sell-my-airbnb-surge-travel-bubble-downturn-worsens