"My take away from spending way too much time on Zillow scouring different markets is, it would not surprise me if there was a Great Recession sized price correction," Rohin Dhar, vacation rental investor and the owner of several Airbnbs in the U.S, wrote on X, formerly known as Twitter, on Sunday.

"For large condo buildings with high HOA [Homeowners' Association] fees across the entire country. So expensive to maintain, such poor governance," he added. Dhar described the U.S. housing market as "just a ticking time bomb of expenses waiting to explode."