this post was submitted on 09 Jul 2024
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Housing Bubble 2: Return of the Ugly
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Sure, but there's tons of homes now that are not cash flowing and are only being held on by investors because of the equity they have.
If inventory keeps rising and prices fall it could trigger a rush for the exits.
Lol where do you get that from houses being for sale? Or are you adding your own context? If that's the case do you have anything you can provide a link that supports this? Not being contradictory, would like to see why there are so many investment properties hitting the market.
Because if there's a ton of supply then sellers have to get more competitive. It's already happening on the new build side. You can get every upgrade practically for free, big buy downs on interest rate, etc.
But how are you getting that from the graph is all I'm asking. That is a hardly even speculative without anything to indicate all these sellers aren't in the market to buy another house in the same area. You would need some indication they were all leaving the area or selling to move into a rental.
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