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>It could also trigger a housing correction What would a housing correction look like? Demand still outstrip supply in hot markets, so the worst thing that'll
by jdhn 7y ago
>It could also trigger a housing correction
What would a housing correction look like? Demand still outstrip supply in hot markets, so the worst thing that'll happen is that the housing prices will have a slight dip, and that's it. Also, with the Fed lowering interest rates to zero and possibly lower, that'll continue to inflate the value of assets such as houses.
- harambae 7y agoIf it gets bad enough (and I don't want to seem insensitive here) a bunch of elderly people die and their houses are on the market.
- seanmcdirmid 7y agoThe same was true up until the 2008 crash. If it happens, it will be a cliff, not a gently sloping down fall.