@Sean McCluskey It really doesn’t pay to try and time the bond market not even the smartest economists do that well.

As an economist, I pay attention to the macroeconomic trends.

I've read a lot of articles about real estate written by actual economists and have a Bachelors and Masters degree in business which includes years of statistics and economics studies, and the cycles basically come down to the fundamentals of economics, supply and demand.

Economists have different schools of thought.  

by a fancy economist.

There have been recessions and bear markets.Yes, I would agree that the arrival of a flu pandemic on our shores was likely not the method by which the casual observer or even seasoned economists would have guessed as the trigger for our current economic situation.

Most economists have conjectured that Northern Jersey with it having the highest real estate tax rates in the country in some of these cities would be the most susceptible to change in prices due to the new tax structure.And everyone in the country feels they lived in the hottest market in the country.

I know economists and some politicians think the gold standard is a great idea and going off the gold standard was the beginning of the end.  

That means we were three-plus years behind in putting up new houses and apartments before COVID came along.We're in a housing shortage right now.Demand is being stoked both by lending rates and new couples / families being established, and existing families outgrowing their current living quarters.Twelve years ago, economists were predicting that it would take until 2025 to catch up.

There are economist and fund managers who called this last crash.