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Started By
Message
re: Home prices are now contracting at levels only seen 2 times
Posted on 9/23/23 at 2:37 pm to ellesssuuu
Posted on 9/23/23 at 2:37 pm to ellesssuuu
6-9 months from now the dam is going to burst wide open.
3
Posted on 9/23/23 at 2:46 pm to MrLSU
quote:
6-9 months from now the dam is going to burst wide open.
Been hearing this about a crash for 2.5 years
Posted on 9/23/23 at 2:46 pm to MrLSU
quote:
6-9 months from now the dam is going to burst wide open.
Been reading this since at least the beginning of covid.
ragincajun and stout will eventually get the collapse they have been screaming about for 4 years.
Everything will collapse, is the nature of economies. But reading doom and gloom every day has to be wearing on them.
This post was edited on 9/23/23 at 2:48 pm
Posted on 9/23/23 at 4:22 pm to MrLSU
I fail to see how these rates cause a crash, wasn’t there a stat recently saying over 80% of current mortgages are under 4%? These folks aren’t selling and will be fine. Inventory will remain low and people forced into the market will continue to overpay. The damage has been done.
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