The David Lin Report · Monday, July 6, 2026
Harry Dent warns that the real estate market is in a bubble significantly worse than in 2006, driven by easy lending. He predicts a collapse of 50-70%, which will wipe out wealth for many property owners, particularly impacting baby boomers whose wealth is heavily tied to housing.
“Real estate will never be the same when we come out of this downturn.”
“This time, housing is bubbled because of easy lending. And housing crashed 34% just in general. And more in the high-end sectors. Housing's going to go down, not as much as the stock market, but 50, 60, 70%, David, that's that's only going to be wiped out.”
“Most of the baby boomers' wealth is tied to real estate, though, Harry. And so...”