The Julia La Roche Show · Saturday, August 8, 2026
Chris Whalen suggests a significant housing market correction could occur by 2028, but believes large investment banks may hold the market steady until they complete more IPOs. He notes that the timing is uncertain and dependent on these market activities.
“So I do think that by 2028, we will probably see a significant correction next year. And then when you have, uh, a downturn generally in the economy.”
“And then you see the housing market correction. Housing takes a long time to turn. The markets right now that are down. There are markets that are still going up.”
“But what I do think is that the big investment banks are going to hold this market together until they get a few more IPOs done and put those big fees in their pocket. And then they're going to stand back and let it go.”