Posted Jul 14, 2021, 5:16 PM
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E pluribus unum
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Join Date: Aug 2003
Location: Arizona
Posts: 31,280
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I'm not sure we'll see the same type of crash we saw in 2007-2008. I don't think it's people taking on mortgages they can't afford, it's flippers/investors/companies (Blackwater?) buying up properties that can seemingly handle the costs and market fluctuations.
The problem is there's a lack of supply, which is why house prices are astronomical at this time. How that busts, if at all, remains to be seen?
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