Welcome to the Hardcore Husky Forums. Folks who are well-known in Cyberland and not that dumb.

Housing market crash – why hasn’t it happened yet?

DerekJohnson
DerekJohnson Administrator, Swaye's Wigwam Posts: 70,047 Founders Club
edited May 2022 in Tug Tavern
«134

Comments

  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 115,943 Founders Club
    And the answer is obvious. Moritoriums
  • 1to392831weretaken
    1to392831weretaken Member Posts: 7,696
    It's because my remodel isn't yet 99% finished. Duh.
  • FireCohen
    FireCohen Member Posts: 21,823

    Uh, I’m not playing this. The dude in the preview image looks like some creeper that going to expose himself to some female jogger in the park.

    He will disappoint at least it would have Ben interesting
  • BleachedAnusDawg
    BleachedAnusDawg Member Posts: 13,854 Standard Supporter
    Supply and demand. There is nowhere near a sufficient level of supply out there right now. Even if demand dropped by 50% right now there still would not be enough supply available to satisfy the remaining demand and cause a big correction in the market.

    Is there any data on pent up numbers of foreclosures waiting to happen? I haven't heard of anything like that on the horizon. If homeowners aren't at risk of foreclosure I don't see how there's any large-scale increase in supply on the horizon.
  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 115,943 Founders Club

    Supply and demand. There is nowhere near a sufficient level of supply out there right now. Even if demand dropped by 50% right now there still would not be enough supply available to satisfy the remaining demand and cause a big correction in the market.

    Is there any data on pent up numbers of foreclosures waiting to happen? I haven't heard of anything like that on the horizon. If homeowners aren't at risk of foreclosure I don't see how there's any large-scale increase in supply on the horizon.

    That data is on this board and it isn't pretty
  • BleachedAnusDawg
    BleachedAnusDawg Member Posts: 13,854 Standard Supporter

    Supply and demand. There is nowhere near a sufficient level of supply out there right now. Even if demand dropped by 50% right now there still would not be enough supply available to satisfy the remaining demand and cause a big correction in the market.

    Is there any data on pent up numbers of foreclosures waiting to happen? I haven't heard of anything like that on the horizon. If homeowners aren't at risk of foreclosure I don't see how there's any large-scale increase in supply on the horizon.

    That data is on this board and it isn't pretty
    Pretty low of you to imply that all of the posters here are poor, gas-pumpers and can't afford their mortgages, Race.