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This isn’t a housing time bomb but most people are looking at the wrong data. Every cycle, the same claim resurfaces: “High rates + high prices = inevitable housing crash.” In this Mythbusting episode of The Global Ledger, we break down why today’s housing market is not comparable to 2008 — and what analysts, headlines, and social media narratives are consistently missing. We cover: Why mortgage rate levels alone don’t determine housing collapses The critical difference between price risk and balance-sheet risk How locked-in mortgage structures change supply dynamics Why credit quality, not prices, drives systemic housing stress What today’s housing market actually resembles — and what it doesn’t This episode doesn’t deny risk — it re-categorizes it correctly. If you’re trying to understand housing through the lens of funding, credit, and settlement, rather than fear and headlines, this breakdown is for you.