@NPR
NPR
a month ago
In the run-up to the housing bubble that occurred 15 years ago, prices rose faster than normal too, before the bottom fell out, causing the worst housing crash and overall recession in generations. So, what's going to happen this time around?
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Replies

@Olivier56999622
Ex NDP voter
a month ago
@NPR Depression... the 30's all over again after the roaring 2020's
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@highwindmk2
Josh K.
a month ago
@NPR Let's allow them to drop back to what they were when my grandparents bought one in the 60s.
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@BacharShawn
Shawn Bachar
a month ago
@NPR The Moodys statistics are just a headline grabber. I live in #13 per the chart and I can say my home is realistically over valued roughly 20%, per Zillow, not 48% per Moodys. There’s so much economic data that’s not even considered that these numbers might as well come from
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@BacharShawn
Shawn Bachar
a month ago
@NPR a dart board. Locally, our prices have increased due to the number of high wage workers moving to the area. There aren’t ridiculous bidding wars happening for the average house, and especially not for houses that need reno. Furthermore, where do they get their price from?
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@MuinDownie
Muin
a month ago
@NPR With banks and investment firms buying up houses to use for liquidity assets, the market is going to tank, hard. And taxpayers will AGAIN foot the bill for "too big to fail" financial institutions. The scams never end, and the taxpayers are always the targeted victems.
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@SmithBrian8989
Brian Smith
a month ago
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@BarbyWT
Barby
a month ago
@NPR In Australia we have had 30 years of house prices only going up. I wish we had your system!
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