StockMarket.News@_Investinq
🚨The US housing market is built on one assumption.
That the people making the payments will always have jobs.
That assumption is now being tested by something we have never faced before.
Artificial intelligence is walking into the office and not leaving.
Anthropic's CEO warns that AI could wipe out half of all entry-level white-collar positions within five years.
And unemployment could spike to 10–20%.
These aren’t factory workers, these are the people holding mortgages.
Amazon cut 14,000 corporate roles citing AI efficiency, Microsoft followed with 15,000, and Salesforce eliminated 4,000 support jobs.
In 2025 alone, U.S. employers announced 1.2 million job cuts, a 58% surge from the year before.
Over 54,000 of those explicitly named AI as the reason.
Here is what nobody is talking about.
The workers being replaced are what banks call "triple-A borrowers."
They are the foundation of the mortgage system and there is $14 trillion in outstanding US mortgage debt.
The housing market today is three times the size it was in 2008, carrying double the debt.
A 15% sustained income drop among AI-exposed workers could push prime mortgage delinquencies from 0.9% to nearly 5%.
That is enough to send shockwaves through the entire $9.4 trillion agency mortgage-backed securities market.
So what does the government do? Exactly what it did after 2008, print money and trillions of it.
But this time the debt load is so large that the interest payments alone could consume 100% of all federal tax revenue.
The 2008 crisis was about bad loans made to bad borrowers.
This one would be about good loans made to people whose entire income category stopped existing.
Goldman Sachs projects 300 million jobs at risk globally.
Forrester projects 10.4 million US jobs automated away by 2030.
Stanford researchers already see a 13% drop in entry-level hiring for AI-exposed roles.
The question is not whether AI takes these jobs.
The evidence says it already started.
The question is whether the financial system can absorb what comes next before the Jenga tower falls.
