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Do you think the housing market can crash on its own? Here is my crazy theory: After only one year of the second Trump admin, the US now seems to have damaged
by nebula8804 8mo ago
Do you think the housing market can crash on its own?
Here is my crazy theory: After only one year of the second Trump admin, the US now seems to have damaged one of its greatest assets: namely attracting the cream of the crop. One second order effect of this is now we are entering population decline. If it becomes terminal, who is going to take out a 30 years mortgage on the overpriced houses? As boomers die off, we might see a collapse. There might be a scenario where a future Trump like character fumbles the bailout(or refuses to do it) and the housing market finally is allowed to burst.
- bombcar 8mo agoThe housing market doesn't have to burst - it just has to stop going up faster than inflation. Ten years of stagnating house prices would bring them back into the affordability range.