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A 50% drop would wipe out millions of households, ruin the economy for decades, and take housing prices back to ~2015 when they were already unaffordable to mos
by nikanj 4y ago
A 50% drop would wipe out millions of households, ruin the economy for decades, and take housing prices back to ~2015 when they were already unaffordable to most.
Letting the housing shortage/bubble spiral out of hand was a mistake we’ll be regretting for a long time.
- AlwaysRock 4y agoOne thing on a long list of what seems like unsolvable problems in the US.
- carlosjobim 4y agoWipe out millions of households? You mean these people will have to start working for a living instead of borrowing money against their house? Like the rest of us? Who have been "wiped out" for decades.