how did the housing market get so inflated, and is it different from what happened in 2008?
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As an aside, I suspect that a lot of boomers are holding onto their houses because they imagine getting much more for them next year. If the market cools a bit I can imagine downsizings happening that had been previously postponed. And as those boomers die or move into assisted living facilities, there should be a very large pulse of supply hitting the market.
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