bigger issue than I have realized. Everything feels like 2008 except instead of crazy loans we have forbearance and an eviction moratorium. But when you start to look at how much money has been printed since the great recession and now covid, inflation may have a much bigger impact then we realize. It is not just housing but all housing inputs. Some of the can be explained by covid supply chain issues. But the prices are crazy and if it is inflation it will eventually spread from housing and the stock market to all products and services.

Again I am still not there if we are on a bubble or just starting to see inflation but I am leaning more towards inflation. If so everyone with debt and assets will be in good shape those without assets, savers, and people on fixed income are going to be in trouble. Inflation will move from assets to consumer goods and it will be a hard times.