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Posted on 11/13/23 at 10:20 am to Jcorye1
quote:
I don't think we are in for the housing collapse everyone thinks we are in for
This is Stout's wheelhouse and has been for a very long time. I'm going to take his advice on this one.
Posted on 11/13/23 at 11:01 am to Jcorye1
quote:Because supply is going to remain low enough to keep prices from bottoming out. Nobody wants to sell their house with a sub 3% rate and have to buy with an 8% rate if they can avoid it. Lot of people are stuck where they are now because they can’t afford the interest rate to move.
I don't think we are in for the housing collapse everyone thinks we are in for
Posted on 11/13/23 at 12:03 pm to Jcorye1
quote:
I don't think we are in for the housing collapse everyone thinks we are in for
As long as supply is tight a collapse just won’t happen. We’re seeing a slow cooling which is just what the fed wanted.
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