Peter Thiel warned real estate ‘catastrophe’ will deal massive blow to young Americans. Is his prediction coming true?
View original at finance.yahoo.comPeter Thiel warned real estate ‘catastrophe’ will deal massive blow to young Americans. Is his prediction coming true? Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below…
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A Georgist real estate catastrophe is playing out across Anglosphere countries including the U.S., Britain, and Canada
60% confidenceThe real cost driver for inflation for lower-middle-class people is rent, not groceries or eggs
60% confidenceMortgage rates will average 6.18% in 2026, down from 6.32% in 2025
60% confidenceThe real issue with housing is insufficient supply, difficulty in zoning lots in desirable locations
60% confidenceAdding more people without building new houses due to zoning laws and regulations causes significant wealth transfer from young and lower-middle-class to upper middle class, landlords, and the old
60% confidenceReal estate prices are extremely inelastic, especially in regions with strict zoning laws, leading to runaway real estate prices where property owners capture societal gains
60% confidenceU.S. home prices will rise just 1.4% in 2026 according to poll of property experts
60% confidenceAdding 10% population to a city can cause house prices to rise 50% while salaries don't keep pace, creating a windfall for boomer homeowners and landlords while hitting lower-middle class and young people
60% confidence