---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/100000000920199.md"
description: "Breaking: The Big Short is about to repeat itselfNo one is paying attention to housing:1. Rates have risen for 6 straight weeks2. Mortgage applications fell 6% in a single week3. Purchase applications are down 14% from a year ago4. Refinance applications have fell 56% year over year5. Serious delinquencies (90+ days past due) just rose for the first time in 5 months, up 19% year over yearMichael Burry stated "The AI narrative and the buildout is the only thing keeping this economy going""
datetime: "2026-09-30T15:05:11.000Z"
locales:
  - [en](https://longbridge.com/en/topics/100000000920199.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/100000000920199.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/100000000920199.md)
author: "[Michael Burry Tracker](https://longbridge.com/en/profiles/17582432.md)"
generator: "portal-rs"
---

# Breaking: The Big Short is about to repeat itselfN…


---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**