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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
2
Posted on 9/14/23 at 10:13 pm to IronMikeD
quote:
You're working on the assumption that there will not be any recession (or there was a technical recession last year)
There will be a recession but when?
quote:
unemployment will stay low
Unemployment is technically “low” because of how unemployment is figured, we have very high real unemployment. This is why all the numbers are off.
quote:
How often has there been an inverted yield curve and no recession?
How often during recessions have you seen inflation continue to rise and consumers still participate?
quote:100%, but again consumers continue
No market - stock, housing, gold, whatever, just keeps going up in a straight line.
quote:
Can you explain why house prices were so suppressed between 2011 and 2015? There was low inventory during that period.
There was also a huge boom in construction, but now the price of materials is sky high.
Posted on 9/15/23 at 12:07 am to IronMikeD
quote:
So, are you saying Bidenomics is working?
For some im sure
quote:
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?
We are in one now. The jobs numbers are not legit. They have revised them down bigly
quote:
Can you explain why house prices were so suppressed between 2011 and 2015? There was low inventory during that period.
Since the inventory wasnt low there isnt much to explain
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