You are taking credit for a higher home price prediction from a dubious source while homebuilders are down nearly 20% with the SPX up 10% in that time. Why would I buy (what? Shiller?) it when I've been short (XHB) for months? Are you r*******?
I'm taking credit for my own call. Not somebody else's. Of course prices are going to go up . You shorting into a real estate market that's been flat for 2 years during rate increases heading into spring with two consecutive rate drops and more on the way is comedy gold!
I'm talking about home prices. The market's been flat with rising interest rates. What do you think's going to happen with lowering interest rates heading into spring? I think the latest report showed sales are going up already.
Inflation hasn't been flat. Housing prices are down 3-4% in real terms YoY. LMK how you've gained being long housing while you're renting. Let's see your optionality on Carbon Beach properties. You're immensely FOS. Lowering rates... you're long bonds, right? How has that worked?