1 in 3 Baby Boomers Say They'll Never Sell Their Home

[WSHazel]

6. Home prices are declining in most of the country

and only being held up in the Northeast by the New York market because there is no more land left. The population has stopped growing, and with immigration dropping off a cliff, likely for a long time, demand for housing is going to drop nationwide, causing housing prices to continue to decline. On top of that, there is huge overcapacity in commercial real estate, some of which is being converted to residential.

A lot of people make decisions based on home prices continually increasing, but for much of America's history, home prices have only increased with population growth, and population growth is slowing, stopping, or possibly even turning negative. That is going to have long-term implications on housing prices.