The yield curve will steepen. That is exactly what Happened. My prediction was spot on. Short term rates fell. Longer term rates didn't fall as much. The yield curve steepened. Residential real estate housing values will fall by 7.5 to 12.5% as inventories continue to pick up. Most homes are unaffordable. I not going to read the whole thing, but basically housing inventories have increased. Values have fallen, but by a lot lesser percent than my prediction. (06:18–06:27)
CLAIM
Predicts that residential real estate values will fall by 7.5% to 12.5% as inventories increase.
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