The Housing Crash Worse Than 2008 Is Already Here | Melody Wright
About this episode
Melody Wright discusses the current state of the housing market and its potential to be worse than the 2008 crash.
The Mercantilist Restoration - https://anthonyfatseas.substack.com/p/the-mercantilist-restoration-how Interview recorded - 30th of June, 2026On this episode of the WTFinance podcast I had the pleasure of welcoming on Melody Wright. Melody Wright is a real estate, macro, and technology analyst who began her mortgage career at GMAC ResCap in 2006 and helped manage the historic ResCap bankruptcy. She publishes the M3 Melody Substack. During our conversation we spoke about her thoughts on the real estate market, why it could be worse than 2008, lowest sales in 30 years, how experts have it so wrong and more. I hope you enjoy!0:00 - Introduction1:33 - Overview of housing markets?4:30 - Inventory overload9:05 - Low rates locked in12:54 - Debt to income worse than 200814:44 - Slow sales16:42 - Experts gotten it wrong18:54 - Homebuilders22:12 - Market impact?24:40 - PE exposure26:12 - How bad?28:20 - Government intervention30:32 - Inflation price32:47 - Demographic impact34:20 - One message to takeaway?Melody Wright - X - https://x.com/m3_melodySubstack - https://m3melody.substack.com/WTFinance -Instagram - https://www.instagram.com/wtfinancee/Spotify…
People in this episode
Host: Anthony Fatseas
Guest: Melody Wright
Topics covered
- real estate market
- housing crash
- economic analysis
- mortgage industry
- market trends
- government intervention
Keywords
- housing crash
- real estate
- mortgage
- market analysis
- economic trends
- sales decline
- government intervention
Mentioned in this episode
Organizations: GMAC ResCap, M3 Melody Substack, WTFinance
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