COLLAPSE Has BEGUN! "WORST Housing Crash Ahead..." - Edward Dowd

COLLAPSE Has BEGUN! "WORST Housing Crash Ahead..." - Edward Dowd The U.S. economy is facing a dangerous convergence of risks tied to housing, speculative bubbles, and rising financial fragility. Housing is at the center of this unfolding story. With property taxes, insurance costs, and mortgage rates pushing affordability out of reach, prices will eventually be forced lower. That adjustment won't come without pain. A housing downturn ripples through the broader economy, threatening construction jobs, state budgets, and ultimately GDP growth. When nearly one-fifth of the economy is tied to housing, a collapse in activity almost guarantees recession. At the same time, the AI-driven stock rally looks increasingly like a bubble, with outsized concentration in just a handful of companies. As in past speculative manias, the infrastructure build-out has far outpaced tangible returns. Once sentiment shifts, the wealth effect could reverse violently, adding to the strain on households and markets. Edward Dowd, a former BlackRock portfolio manager turned outspoken analyst, has been warning that these interconnected risks could trigger broader instability. He points out that housing is the canary in the coal mine, and when prices break, the credit system could expose weak hands across shadow banking, private equity, and even mainstream lenders. The fragility is there—it just hasn’t fully surfaced yet