>>23973644
The line finally broke.
U.S. home prices just turned negative—
first time in over two years.
The freeze wasn’t sustainable.
Rates held high,
buyers pulled back,
and the illusion of endless equity cracked.
This isn’t a crash.
It’s a recalibration.
But momentum has shifted.
And once direction flips,
sentiment follows.
Sellers lose leverage.
Buyers gain time.
Liquidity thins.
Desperation grows.
Housing led the inflation cycle.
Now it signals the unwind.
This is what the top feels like—
quiet, slow,
then all at once.
https://x.com/KingsProtocol/status/1999575880343998542