Housing Bubble Pathologies Start to Bite – Yet Another Sign the Cycle Has Peaked
https://www.dollarcollapse.com/housing-bubble-pathologies-cycle-peaked/
There’s a limit, in other words, to the ascent of home prices beyond which the system starts to break down. And when the people who make a town run smoothly – teachers, firefighters, cops, sanitation workers – can no longer afford to live there, that town has clearly crossed the line.
El Segundo Bubble 