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Message
re: 7.7% of Mortgages Now in Forbearance
Posted on 5/9/20 at 10:57 am to stout
Posted on 5/9/20 at 10:57 am to stout
quote:
In short, this means that we may see a housing crisis worse than the subprime collapse of '07
I was just having this discussion with someone earlier this week. I really don't see how to avoid another housing crisis.
2
Posted on 5/9/20 at 11:03 am to redstick13
quote:
I was just having this discussion with someone earlier this week. I really don't see how to avoid another housing crisis.
No way to know at this point. 50% of business owners are now at a point they are saying they fear their business will not be around in 6 months. I doubt it's that high but even half of that is a lot of jobs not coming back.
This post was edited on 5/9/20 at 11:19 am
Posted on 5/9/20 at 11:16 am to redstick13
quote:
I was just having this discussion with someone earlier this week. I really don't see how to avoid another housing crisis.
Agreed. Yet when you search for articles on it the majority claim the housing market is going be just fine.
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