Burry time back in 2006-2007, the US housing market has abundant surplus. Today, the US housing market in a severe deficit. Totally diffrent ball game.
Australia also experiencing severe housing market deficit (not surplus). It made worse with with under invested mining since 2008 GFC, creating global commodity/raw material deficit.
I'm bullish realestate, commodities (esp decarbonisation metals) & precious metals into the next decade. I hold all of them in my portfolio, plus currently added small cryptos. Bring on the next decade & see what will happen.
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18 year property cycle, page-241
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