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re: How long of a quarantine required for the housing market to crash?
Posted on 3/17/20 at 4:02 pm to MojoGuyPan
Posted on 3/17/20 at 4:02 pm to MojoGuyPan
quote:
Employment in the Restaurant, Retail, Hotel, Travel, Airline industries are going to be non existent and the jobless aren't going to be buying houses. The banks will be foreclosing on theirs.
The market will be flooded with cheap foreclosed housing with very few buyers in the fall. This will be worse than 2008.
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