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re: US Median Home Prices Crashed -7.4% In Q2, Worst Decline Since Recessions Of 1970 And 2008
Posted on 9/14/23 at 10:06 pm to SDVTiger
Posted on 9/14/23 at 10:06 pm to SDVTiger
So, are you saying Bidenomics is working?
You're working on the assumption that there will not be any recession (or there was a technical recession last year), that unemployment will stay low and therefore there will continue to be plenty of buyers. How often has there been an inverted yield curve and no recession?
No market - stock, housing, gold, whatever, just keeps going up in a straight line. Little chance we are going back to the once in a lifetime market we just experienced (caused by the DEMs spending and an incompetent Fed). Markets don't work that way.
Can you explain why house prices were so suppressed between 2011 and 2015? There was low inventory during that period.
You're working on the assumption that there will not be any recession (or there was a technical recession last year), that unemployment will stay low and therefore there will continue to be plenty of buyers. How often has there been an inverted yield curve and no recession?
No market - stock, housing, gold, whatever, just keeps going up in a straight line. Little chance we are going back to the once in a lifetime market we just experienced (caused by the DEMs spending and an incompetent Fed). Markets don't work that way.
Can you explain why house prices were so suppressed between 2011 and 2015? There was low inventory during that period.
This post was edited on 9/14/23 at 10:08 pm
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