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Drudge Retort: The Other Side of the News
Thursday, February 12, 2026

High home prices, faltering supply and weaker consumer confidence in the economy all continue to weigh on the U.S. housing market. The chief economist for the National Association of Realtors, Lawrence Yun, is calling it "a new housing crisis."

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The chief economist for the National Association of Realtors, Lawrence Yun, says we are in "a new housing crisis." Home sales have dropped 8.4% from December to January, and are down 4.4% from a year ago. Yun says: "Americans are stuck." www.cnbc.com/2026/02/12/j ...

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-- More Perfect Union (@moreperfectunion.bsky.social) Feb 12, 2026 at 11:54 AM

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People just don't know a Golden Age when they see one.

#1 | Posted by Zed at 2026-02-12 11:42 AM | Reply

Hedge funds have stopped buying up homes?
Say it ain't so!

#2 | Posted by snoofy at 2026-02-12 11:44 AM | Reply

Good work stinky!

Consumer confidence is tanking.

People are rightfully not buying new homes.

#3 | Posted by Nixon at 2026-02-12 05:24 PM | Reply

I'm glad I'm not an unthinking turd like lfthndcuck.

Otherwise, I'd still be locked into a house I couldn't offload when I wanted to move because I was still believing the narrative from 20 years ago...

#4 | Posted by jpw at 2026-02-13 12:11 AM | Reply

Paying rent to an institution... who taxpayers have to bail out when they overextend themselves to purchase our home...and sell it to us...hmmm... one of life's hardest decisions...

In the end... the banks DO own a house... which is something of value... the consumer gets nothing for their efforts.

meh
shrug

Don't see a problem

#5 | Posted by RightisTrite at 2026-02-13 10:46 AM | Reply

IOW, we're shifting to a buyers market?

And?

#6 | Posted by madbomber at 2026-02-13 11:02 AM | Reply

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