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re: credit bubble vs house prices
Posted on 5/9/24 at 4:49 pm to Big Scrub TX
Posted on 5/9/24 at 4:49 pm to Big Scrub TX
quote:
quote:Wait. Foreclosures, delinquencies and bankruptcies have been on the rise since their post-COVID lows. They are still all relatively low but their rise as we look to be heading into a recessionary (or stagflation) period means they are likely to increase (and increase fast if the consumer debt bubble pops). That means more supply, meaning prices drop. Once inflation is tamed the Fed will begin dropping rates, that's when it will be time to buy. Your article is from 2019...
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