steven godfrey 🌳
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itcaughtmyeye.bsky.social
steven godfrey 🌳
@itcaughtmyeye.bsky.social
anthropocene human • carpenter • citizen • community gardener • photographer • 🌎🔥⏳ • let's go!


📍: vancouver, canada
Reposted by steven godfrey 🌳
NYT reporting on First Street's $1.5 trillion estimate of the size of the housing component of the brittleness bubble (which is not the whole bubble, by any means).

We've been watching this emerge for 20+ years, and now it's here.

www.nytimes.com/2025/02/03/o...
Opinion | The New Evidence Climate Change Will Upend American Homeownership
A new analysis predicts an extraordinary reversal in housing fortunes for Americans.
www.nytimes.com
February 4, 2025 at 4:59 AM