this post was submitted on 09 Jul 2024
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Housing Bubble 2: Return of the Ugly
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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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