{"id":98376,"date":"2023-04-09T10:36:46","date_gmt":"2023-04-09T14:36:46","guid":{"rendered":"https:\/\/www.shortform.com\/blog\/?p=98376"},"modified":"2023-04-11T14:53:43","modified_gmt":"2023-04-11T18:53:43","slug":"is-the-housing-market-crashing","status":"publish","type":"post","link":"https:\/\/www.shortform.com\/blog\/is-the-housing-market-crashing\/","title":{"rendered":"Is the Housing Market Crashing? What the Experts Predict"},"content":{"rendered":"\n<p>Is the <a href=\"https:\/\/www.shortform.com\/blog\/current-housing-market\/\">housing market<\/a> crashing or is it normalizing? Why do experts offer varied viewpoints on this subject? <\/p>\n\n\n\n<p>As the U.S. emerges from the pandemic-fueled housing boom\u2014with high mortgage rates, a potential recession, and now the collapse of Silicon Valley Bank\u2014many are wondering if the housing market is crashing again. As experts offer differing opinions, it can be difficult to determine the market&#8217;s future.<\/p>\n\n\n\n<p>Read on to discover experts&#8217; viewpoints on the housing market and whether it&#8217;s crashing or normalizing.<\/p>\n\n\n\n<!--more-->\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-the-u-s-housing-market-crashing-or-normalizing\">The U.S. Housing Market: Crashing or Normalizing?<\/h2>\n\n\n\n<p>As the U.S. emerges from the pandemic-fueled housing boom\u2014and with high mortgage rates, a potential recession, and the collapse of Silicon Valley Bank (SVB) as a backdrop\u2014Americans are again asking: Is the housing market crashing? This article will examine experts\u2019 varied viewpoints on this subject.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-background\">Background<\/h3>\n\n\n\n<p>Last year, the Federal Reserve increased interest rates to slow the economy and tame record-breaking inflation, causing <a href=\"https:\/\/www.newsweek.com\/svb-collapse-set-completely-upend-housing-market-1787633\" target=\"_blank\" rel=\"noreferrer noopener\">mortgage rates to surge<\/a><strong>: The average 30-year fixed rate mortgage doubled from 3% to 7% <\/strong>between January and October. <\/p>\n\n\n\n<p>In recent weeks, some experts have said that <a href=\"https:\/\/www.yahoo.com\/lifestyle\/housing-market-crash-experts-191734802.html\" target=\"_blank\" rel=\"noreferrer noopener\">the U.S. housing market is finding its equilibrium<\/a>, with half the country seeing home prices drop, bidding wars occurring less frequently, and inventory easing. But not everyone thinks the market\u2019s future looks bright.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-the-housing-market-is-in-trouble\">The Housing Market Is in Trouble<\/h3>\n\n\n\n<p>Some experts say that <a href=\"https:\/\/markets.businessinsider.com\/news\/stocks\/housing-crash-home-prices-fed-economists-market-correction-bubble-property-2023-2?utm_medium=ingest&amp;utm_source=markets\" target=\"_blank\" rel=\"noreferrer noopener\">tumbling home prices<\/a>, climbing mortgage rates, and SVB\u2019s recent collapse are major reasons why the housing market is crashing.<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>In February, Dallas Federal Reserve economists said that <strong>a whopping 19.5% correction is necessary to return the market to a healthy baseline<\/strong>.<\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li>Goldman Sachs predicted that <strong>U.S. home prices would fall 6.1% in 2023\u2014and double that in some cities<\/strong>. When home values drop quickly, homeowners <a href=\"https:\/\/www.noradarealestate.com\/blog\/what-happens-to-homeowners-if-the-housing-market-crashes\/\" target=\"_blank\" rel=\"noreferrer noopener\">risk losing money if they sell<\/a> before the market stabilizes, and they\u2019re at greater risk of foreclosure.<\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li>Real estate experts recently warned that if SVB\u2019s collapse portends a 2023 recession,<strong> <\/strong><a href=\"https:\/\/fortune.com\/2023\/03\/15\/housing-market-2-changes-silicon-valley-banks-collapse-zillow-real-estate-home-prices-mortgage-rates\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>housing market conditions will worsen<\/strong><\/a>, and the housing market crashing isn&#8217;t out of the question. A recession could now be deeper and last longer than previously anticipated, increasing the likelihood of Americans losing income or jobs and triggering problems in the housing market.&nbsp;<\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>SVB\u2019s collapse could exacerbate existing housing market challenges in tech-heavy hubs<\/strong>. Even before SVB\u2019s fall, steadily rising interest rates had raised tech centers\u2019 housing prices beyond average buyers\u2019 reach. But a broader tech downturn would likely cool the housing market and lead home prices to drop in these areas.<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-the-housing-market-is-looking-up\">The Housing Market Is Looking Up<\/h3>\n\n\n\n<p>In contrast to those who say the housing market is crashing, other real estate experts argue that <strong>SVB\u2019s collapse <\/strong><a href=\"https:\/\/www.newsweek.com\/svb-collapse-set-completely-upend-housing-market-1787633\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>could actually be <em>good<\/em> for the housing market<\/strong><\/a>:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Lower mortgage rates are likely on the horizon<\/strong>\u2014<a href=\"https:\/\/www.businessinsider.com\/silicon-valley-bank-failure-housing-rebound-markets-economy-fed-inflation-2023-3\" target=\"_blank\" rel=\"noreferrer noopener\">sooner than previously predicted<\/a>\u2014as the housing market enters spring sales season. The Federal Reserve is expected to increase interest rates less aggressively than it had planned prior to SVB\u2019s collapse\u2014by just 0.25%\u2014in an effort to calm investors\u2019 fears about a potential domino effect in the banking sector.<\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Lower mortgage rates will increase affordability <\/strong>and bring homebuyers into the market more quickly.<\/li><\/ul>\n\n\n\n<p>They maintain that <a href=\"https:\/\/markets.businessinsider.com\/news\/stocks\/housing-rebound-home-prices-2024-forecast-supply-real-estate-economist-2023-3\" target=\"_blank\" rel=\"noreferrer noopener\">moderate market correction<\/a> forecasts made earlier this month still hold true, and that <a href=\"https:\/\/www.yahoo.com\/lifestyle\/housing-market-crash-experts-191734802.html?guccounter=1\" target=\"_blank\" rel=\"noreferrer noopener\">the housing market crashing remains an unlikely outcome of all this<\/a> for the following reasons:&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Falling home prices may drop, but not as steeply as during the Great Recession<\/strong>. Experts expect single-digit price declines in the housing market this year\u2014likely of around 5%.&nbsp;<\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Housing inventory is low, and demand for homes high<\/strong>, making an imminent price crash unlikely.<ul><li><a href=\"https:\/\/www.yahoo.com\/lifestyle\/housing-market-crash-experts-191734802.html\" target=\"_blank\" rel=\"noreferrer noopener\">Construction slowed<\/a> after 2008, limiting stock.<\/li><\/ul><ul><li>A <a href=\"https:\/\/markets.businessinsider.com\/news\/stocks\/housing-rebound-home-prices-2024-forecast-supply-real-estate-economist-2023-3\" target=\"_blank\" rel=\"noreferrer noopener\">strong labor market<\/a> and <a href=\"https:\/\/www.yahoo.com\/lifestyle\/housing-market-crash-experts-191734802.html\" target=\"_blank\" rel=\"noreferrer noopener\">demographic trends<\/a> brought more buyers into the housing market in recent years, fueling demand.<\/li><li>In 2008, <a href=\"https:\/\/markets.businessinsider.com\/news\/stocks\/housing-rebound-home-prices-2024-forecast-supply-real-estate-economist-2023-3\" target=\"_blank\" rel=\"noreferrer noopener\">the U.S. had an oversupply of roughly four million homes<\/a>. Today that number is less than a million.<\/li><\/ul><\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.yahoo.com\/lifestyle\/housing-market-crash-experts-191734802.html\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Lending standards remain strict<\/strong><\/a><strong>.<\/strong> In 2007, nearly anyone could get a mortgage. But lenders have maintained more rigorous qualification standards imposed since then.<\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>U.S. homeowners are better positioned financially today than in 2008.<\/strong> Many homeowners now have stronger credit scores, more equity,&nbsp; and a fixed mortgage rate below 5%\u2014making a repeat of the 2008 foreclosure crisis (which dampened home prices) unlikely.&nbsp;<\/li><\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Is the housing market crashing or is it normalizing? Why do experts offer varied viewpoints on this subject? As the U.S. emerges from the pandemic-fueled housing boom\u2014with high mortgage rates, a potential recession, and now the collapse of Silicon Valley Bank\u2014many are wondering if the housing market is crashing again. As experts offer differing opinions, it can be difficult to determine the market&#8217;s future. Read on to discover experts&#8217; viewpoints on the housing market and whether it&#8217;s crashing or normalizing.<\/p>\n","protected":false},"author":19,"featured_media":2434,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[81,7,24],"tags":[727],"class_list":["post-98376","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economics","category-lifestyle","category-society","tag-articles","","tg-column-two"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.3 (Yoast SEO v24.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Is the Housing Market Crashing? What the Experts Predict - Shortform Books<\/title>\n<meta name=\"description\" content=\"Is the U.S. housing market crashing? Learn why experts have differing views on what the future holds for American homebuyers and sellers.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.shortform.com\/blog\/is-the-housing-market-crashing\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Is the Housing Market Crashing? What the Experts Predict\" \/>\n<meta property=\"og:description\" content=\"Is the U.S. housing market crashing? Learn why experts have differing views on what the future holds for American homebuyers and sellers.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.shortform.com\/blog\/is-the-housing-market-crashing\/\" \/>\n<meta property=\"og:site_name\" content=\"Shortform Books\" \/>\n<meta property=\"article:published_time\" content=\"2023-04-09T14:36:46+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-04-11T18:53:43+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.shortform.com\/blog\/wp-content\/uploads\/2019\/10\/big-short-what-is-subprime-lending.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"764\" \/>\n\t<meta property=\"og:image:height\" content=\"511\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Emily Kitazawa\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Emily Kitazawa\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.shortform.com\/blog\/is-the-housing-market-crashing\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.shortform.com\/blog\/is-the-housing-market-crashing\/\"},\"author\":{\"name\":\"Emily Kitazawa\",\"@id\":\"https:\/\/www.shortform.com\/blog\/#\/schema\/person\/e094024454c7d3334a149c0cf039bdeb\"},\"headline\":\"Is the Housing Market Crashing? What the Experts Predict\",\"datePublished\":\"2023-04-09T14:36:46+00:00\",\"dateModified\":\"2023-04-11T18:53:43+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.shortform.com\/blog\/is-the-housing-market-crashing\/\"},\"wordCount\":717,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.shortform.com\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.shortform.com\/blog\/is-the-housing-market-crashing\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.shortform.com\/blog\/wp-content\/uploads\/2019\/10\/big-short-what-is-subprime-lending.jpg\",\"keywords\":[\"Articles\"],\"articleSection\":[\"Economics\",\"Lifestyle\",\"Society\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.shortform.com\/blog\/is-the-housing-market-crashing\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.shortform.com\/blog\/is-the-housing-market-crashing\/\",\"url\":\"https:\/\/www.shortform.com\/blog\/is-the-housing-market-crashing\/\",\"name\":\"Is the Housing Market Crashing? What the Experts Predict - Shortform Books\",\"isPartOf\":{\"@id\":\"https:\/\/www.shortform.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.shortform.com\/blog\/is-the-housing-market-crashing\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.shortform.com\/blog\/is-the-housing-market-crashing\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.shortform.com\/blog\/wp-content\/uploads\/2019\/10\/big-short-what-is-subprime-lending.jpg\",\"datePublished\":\"2023-04-09T14:36:46+00:00\",\"dateModified\":\"2023-04-11T18:53:43+00:00\",\"description\":\"Is the U.S. housing market crashing? Learn why experts have differing views on what the future holds for American homebuyers and sellers.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.shortform.com\/blog\/is-the-housing-market-crashing\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.shortform.com\/blog\/is-the-housing-market-crashing\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.shortform.com\/blog\/is-the-housing-market-crashing\/#primaryimage\",\"url\":\"https:\/\/www.shortform.com\/blog\/wp-content\/uploads\/2019\/10\/big-short-what-is-subprime-lending.jpg\",\"contentUrl\":\"https:\/\/www.shortform.com\/blog\/wp-content\/uploads\/2019\/10\/big-short-what-is-subprime-lending.jpg\",\"width\":764,\"height\":511,\"caption\":\"Suburban Flight and The Role of The Government\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.shortform.com\/blog\/is-the-housing-market-crashing\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.shortform.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Is the Housing Market Crashing? What the Experts Predict\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.shortform.com\/blog\/#website\",\"url\":\"https:\/\/www.shortform.com\/blog\/\",\"name\":\"Shortform Books\",\"description\":\"The World&#039;s Best Book Summaries\",\"publisher\":{\"@id\":\"https:\/\/www.shortform.com\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.shortform.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.shortform.com\/blog\/#organization\",\"name\":\"Shortform Books\",\"url\":\"https:\/\/www.shortform.com\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.shortform.com\/blog\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.shortform.com\/blog\/wp-content\/uploads\/2019\/06\/logo-equilateral-with-text-no-bg.png\",\"contentUrl\":\"https:\/\/www.shortform.com\/blog\/wp-content\/uploads\/2019\/06\/logo-equilateral-with-text-no-bg.png\",\"width\":500,\"height\":74,\"caption\":\"Shortform Books\"},\"image\":{\"@id\":\"https:\/\/www.shortform.com\/blog\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.shortform.com\/blog\/#\/schema\/person\/e094024454c7d3334a149c0cf039bdeb\",\"name\":\"Emily Kitazawa\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.shortform.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/0f5c60fcdcf3b7cd02c2882334c15a3d02f74a69631c696c3bce47deb21dc9ac?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/0f5c60fcdcf3b7cd02c2882334c15a3d02f74a69631c696c3bce47deb21dc9ac?s=96&d=mm&r=g\",\"caption\":\"Emily Kitazawa\"},\"description\":\"Emily found her love of reading and writing at a young age, learning to enjoy these activities thanks to being taught them by her mom\u2014Goodnight Moon will forever be a favorite. As a young adult, Emily graduated with her English degree, specializing in Creative Writing and TEFL (Teaching English as a Foreign Language), from the University of Central Florida. She later earned her master\u2019s degree in Higher Education from Pennsylvania State University. Emily loves reading fiction, especially modern Japanese, historical, crime, and philosophical fiction. Her personal writing is inspired by observations of people and nature.\",\"url\":\"https:\/\/www.shortform.com\/blog\/author\/emily-kitazawa\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Is the Housing Market Crashing? What the Experts Predict - Shortform Books","description":"Is the U.S. housing market crashing? Learn why experts have differing views on what the future holds for American homebuyers and sellers.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.shortform.com\/blog\/is-the-housing-market-crashing\/","og_locale":"en_US","og_type":"article","og_title":"Is the Housing Market Crashing? What the Experts Predict","og_description":"Is the U.S. housing market crashing? Learn why experts have differing views on what the future holds for American homebuyers and sellers.","og_url":"https:\/\/www.shortform.com\/blog\/is-the-housing-market-crashing\/","og_site_name":"Shortform Books","article_published_time":"2023-04-09T14:36:46+00:00","article_modified_time":"2023-04-11T18:53:43+00:00","og_image":[{"width":764,"height":511,"url":"https:\/\/www.shortform.com\/blog\/wp-content\/uploads\/2019\/10\/big-short-what-is-subprime-lending.jpg","type":"image\/jpeg"}],"author":"Emily Kitazawa","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Emily Kitazawa","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.shortform.com\/blog\/is-the-housing-market-crashing\/#article","isPartOf":{"@id":"https:\/\/www.shortform.com\/blog\/is-the-housing-market-crashing\/"},"author":{"name":"Emily Kitazawa","@id":"https:\/\/www.shortform.com\/blog\/#\/schema\/person\/e094024454c7d3334a149c0cf039bdeb"},"headline":"Is the Housing Market Crashing? What the Experts Predict","datePublished":"2023-04-09T14:36:46+00:00","dateModified":"2023-04-11T18:53:43+00:00","mainEntityOfPage":{"@id":"https:\/\/www.shortform.com\/blog\/is-the-housing-market-crashing\/"},"wordCount":717,"commentCount":0,"publisher":{"@id":"https:\/\/www.shortform.com\/blog\/#organization"},"image":{"@id":"https:\/\/www.shortform.com\/blog\/is-the-housing-market-crashing\/#primaryimage"},"thumbnailUrl":"https:\/\/www.shortform.com\/blog\/wp-content\/uploads\/2019\/10\/big-short-what-is-subprime-lending.jpg","keywords":["Articles"],"articleSection":["Economics","Lifestyle","Society"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.shortform.com\/blog\/is-the-housing-market-crashing\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.shortform.com\/blog\/is-the-housing-market-crashing\/","url":"https:\/\/www.shortform.com\/blog\/is-the-housing-market-crashing\/","name":"Is the Housing Market Crashing? What the Experts Predict - Shortform Books","isPartOf":{"@id":"https:\/\/www.shortform.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.shortform.com\/blog\/is-the-housing-market-crashing\/#primaryimage"},"image":{"@id":"https:\/\/www.shortform.com\/blog\/is-the-housing-market-crashing\/#primaryimage"},"thumbnailUrl":"https:\/\/www.shortform.com\/blog\/wp-content\/uploads\/2019\/10\/big-short-what-is-subprime-lending.jpg","datePublished":"2023-04-09T14:36:46+00:00","dateModified":"2023-04-11T18:53:43+00:00","description":"Is the U.S. housing market crashing? Learn why experts have differing views on what the future holds for American homebuyers and sellers.","breadcrumb":{"@id":"https:\/\/www.shortform.com\/blog\/is-the-housing-market-crashing\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.shortform.com\/blog\/is-the-housing-market-crashing\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.shortform.com\/blog\/is-the-housing-market-crashing\/#primaryimage","url":"https:\/\/www.shortform.com\/blog\/wp-content\/uploads\/2019\/10\/big-short-what-is-subprime-lending.jpg","contentUrl":"https:\/\/www.shortform.com\/blog\/wp-content\/uploads\/2019\/10\/big-short-what-is-subprime-lending.jpg","width":764,"height":511,"caption":"Suburban Flight and The Role of The Government"},{"@type":"BreadcrumbList","@id":"https:\/\/www.shortform.com\/blog\/is-the-housing-market-crashing\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.shortform.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Is the Housing Market Crashing? What the Experts Predict"}]},{"@type":"WebSite","@id":"https:\/\/www.shortform.com\/blog\/#website","url":"https:\/\/www.shortform.com\/blog\/","name":"Shortform Books","description":"The World&#039;s Best Book Summaries","publisher":{"@id":"https:\/\/www.shortform.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.shortform.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.shortform.com\/blog\/#organization","name":"Shortform Books","url":"https:\/\/www.shortform.com\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.shortform.com\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/www.shortform.com\/blog\/wp-content\/uploads\/2019\/06\/logo-equilateral-with-text-no-bg.png","contentUrl":"https:\/\/www.shortform.com\/blog\/wp-content\/uploads\/2019\/06\/logo-equilateral-with-text-no-bg.png","width":500,"height":74,"caption":"Shortform Books"},"image":{"@id":"https:\/\/www.shortform.com\/blog\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/www.shortform.com\/blog\/#\/schema\/person\/e094024454c7d3334a149c0cf039bdeb","name":"Emily Kitazawa","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.shortform.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/0f5c60fcdcf3b7cd02c2882334c15a3d02f74a69631c696c3bce47deb21dc9ac?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/0f5c60fcdcf3b7cd02c2882334c15a3d02f74a69631c696c3bce47deb21dc9ac?s=96&d=mm&r=g","caption":"Emily Kitazawa"},"description":"Emily found her love of reading and writing at a young age, learning to enjoy these activities thanks to being taught them by her mom\u2014Goodnight Moon will forever be a favorite. As a young adult, Emily graduated with her English degree, specializing in Creative Writing and TEFL (Teaching English as a Foreign Language), from the University of Central Florida. She later earned her master\u2019s degree in Higher Education from Pennsylvania State University. Emily loves reading fiction, especially modern Japanese, historical, crime, and philosophical fiction. Her personal writing is inspired by observations of people and nature.","url":"https:\/\/www.shortform.com\/blog\/author\/emily-kitazawa\/"}]}},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/www.shortform.com\/blog\/wp-content\/uploads\/2019\/10\/big-short-what-is-subprime-lending.jpg","_links":{"self":[{"href":"https:\/\/www.shortform.com\/blog\/wp-json\/wp\/v2\/posts\/98376","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.shortform.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.shortform.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.shortform.com\/blog\/wp-json\/wp\/v2\/users\/19"}],"replies":[{"embeddable":true,"href":"https:\/\/www.shortform.com\/blog\/wp-json\/wp\/v2\/comments?post=98376"}],"version-history":[{"count":10,"href":"https:\/\/www.shortform.com\/blog\/wp-json\/wp\/v2\/posts\/98376\/revisions"}],"predecessor-version":[{"id":98753,"href":"https:\/\/www.shortform.com\/blog\/wp-json\/wp\/v2\/posts\/98376\/revisions\/98753"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.shortform.com\/blog\/wp-json\/wp\/v2\/media\/2434"}],"wp:attachment":[{"href":"https:\/\/www.shortform.com\/blog\/wp-json\/wp\/v2\/media?parent=98376"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.shortform.com\/blog\/wp-json\/wp\/v2\/categories?post=98376"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.shortform.com\/blog\/wp-json\/wp\/v2\/tags?post=98376"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}