Originally Posted by
TahoeJ
Don't worry, the recession and mini housing collapse (mini compared to 2008) is coming. Just wait it out.
I would make a bet with you, but this is hard to quantify. We don't have over-leveraged owners about to lose liquidity and go into foreclosure en masse so there's no Crash coming in real estate. I think it's more likely we see cash buyers swooping in and further constraining supply while turning more of us into lifelong renters. These developments are going to make things more expensive. Interest rates are never going back where they were last year. I don't see these "inflation-fighting" measures doing anything except slowing down RE for a year and disciplining labor, which is the real purpose.
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