Artis Shepherd at Mises Wire just dropped a sharp diagnosis of America’s frozen housing market—a market where prices remain stuck at nosebleed levels, buyers are tapped out, and sellers are treating low offers like personal insults. But the story, while well-told by Shepherd, runs deeper. What we’re witnessing isn’t just a pricing mismatch or market friction. This is the endgame of 15 years of monetary malpractice—a distorted, bifurcated, and deeply broken market where price discovery has been destroyed by central bank intervention. And housing, the bedrock of the American dream, has now become a luxury good for the asset-holding class and a cruel joke for everyone else. Let’s unpack how we got here—and what comes next. The Market Won’t Clear…
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