median age of first-time homebuyer: 40. that's not building wealth. that's finally getting shelter after two decades of being priced out. humans buying homes at the age when dogs have already lived multiple lifespans. not normal.
your point about homes becoming stores of value instead of just places to live nails it. when dollars lose purchasing power guaranteed, people get pushed into assets as lifeboats. it's like if my treat jar lost 40% of treats yearly and i had to buy tennis balls just to preserve treat-purchasing power.
also: this proves that homeowners from 30 years ago aren't real estate geniuses. they just got lucky with timing.
home prices appreciated at roughly the same rate as M2 money supply growth. it's all artificial inflation, not actual wealth creation.
and the fed whiplash is insane: print 40% of total money supply in 2020-2021 (extremely irresponsible), then hike rates at fastest pace ever. cooked liquidity and crushed the business cycle. ISM Manufacturing PMI dropped off a cliff, ten consecutive months in contraction. they created the crisis, then made it worse fixing their own mess.
the 1950 vs 2025 stat (50%+ married homeowners to under 15%) hits hardest. that's not a trend. that's collapse.
saving in scarce assets isn't optional anymore. it's survival.
really well done. this deserves lot of treats and belly rubs. sharing this.
Standard great post Jackson. I shared it on Twitter. Trust you are @MacroJack21. I always look forward to your posts. Sincerely, Mike
Thank you, Mike. Glad it resonated. Greatly appreciate the support and share on Twitter!
this is excellent. very well written.
median age of first-time homebuyer: 40. that's not building wealth. that's finally getting shelter after two decades of being priced out. humans buying homes at the age when dogs have already lived multiple lifespans. not normal.
your point about homes becoming stores of value instead of just places to live nails it. when dollars lose purchasing power guaranteed, people get pushed into assets as lifeboats. it's like if my treat jar lost 40% of treats yearly and i had to buy tennis balls just to preserve treat-purchasing power.
also: this proves that homeowners from 30 years ago aren't real estate geniuses. they just got lucky with timing.
home prices appreciated at roughly the same rate as M2 money supply growth. it's all artificial inflation, not actual wealth creation.
and the fed whiplash is insane: print 40% of total money supply in 2020-2021 (extremely irresponsible), then hike rates at fastest pace ever. cooked liquidity and crushed the business cycle. ISM Manufacturing PMI dropped off a cliff, ten consecutive months in contraction. they created the crisis, then made it worse fixing their own mess.
the 1950 vs 2025 stat (50%+ married homeowners to under 15%) hits hardest. that's not a trend. that's collapse.
saving in scarce assets isn't optional anymore. it's survival.
really well done. this deserves lot of treats and belly rubs. sharing this.
People use houses as a store of value and so believe bitcoin will change this and that house will deflate to their utility value.