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I have noticed the words recession and housing crash in the news a lot lately. It is almost as if some people are hoping for it.
by themark 8y ago
I have noticed the words recession and housing crash in the news a lot lately. It is almost as if some people are hoping for it.
- hevi_jos 8y agoThat is because some people are hoping for it, in particular, home buyers. If the price os something goes too high, it is a good thing that it goes down to levels in which they are affordable again for those that need it for living on them and not for speculating.
- kamaal 8y agoDepends on what kind of a life phase you are in. If you are doing insanely well at this point in time, a recession would reset and good days could come to an end. If you are having a bad time already, you would be hoping for a some turnaround moment to see if it changes anything. Basically its the It will pass frustration/joy applied to scenarios. If you are having a good time now, being told It will pass will likely sadden you. If you are having a bad time, being told It will pass will cheer you up.
- JohnJamesRambo 8y agoThe market has set a record for the longest bull run in history. It would be naive and neglect the history of markets to expect that to continue. That's just not how markets work.
- moorhosj 8y ago==It is almost as if some people are hoping for it.== It's also possible that the data is implying it. Not everything needs to be a conspiracy.