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The housing market has been defying expectations of a crash since the economy shut down in 2020, with home prices skyrocketing instead of dropping. There are conflicting reports on whether the crash has already begun, potentially worse than the 2008 financial crash. This video breaks down various data and charts to explain the current situation, highlighting the stark differences between best and worst performing areas in the country. Additionally, it examines the three key factors that will determine the future direction of real estate prices.