About f’ing time the housing market tanked. It’s a huge bubble filled with business investment that houses no families. My little small town has over 100 Airbnb full houses available for rent. Makes no sense- unless that’s where they’re parking the family empty houses while they sit on their investment waiting for a sale.
It's even hitting Colorado hard, I've had lots of residential framers and siders calling me looking for work the past 2 weeks. Apartments are in high gear though, that tells you what money thinks is about to happen
NPCs are still treating this as an academic exercise. A decade of easy money then a donkey-punch. This won’t end well.
Understand the inverted yield curve. Watch the animation on this site.
https://www.gurufocus.com/yield_curve.php
About f’ing time the housing market tanked. It’s a huge bubble filled with business investment that houses no families. My little small town has over 100 Airbnb full houses available for rent. Makes no sense- unless that’s where they’re parking the family empty houses while they sit on their investment waiting for a sale.
I wish I had the wealth to just look at it crashing not being worried
It's even hitting Colorado hard, I've had lots of residential framers and siders calling me looking for work the past 2 weeks. Apartments are in high gear though, that tells you what money thinks is about to happen
the number of apartment complexes going up south of Austin is nuts.
if the housing market does an '07/'08, would that drive down the price of undeveloped "innawoods" acreage?
Not much. Sawmills still cut hard. There is always a demand for wood. The economy changes what is cut, hardwoods, pine, by species.
Man I wish I had walked away from the home I bought right before the last collapse.
He reposted the Zerohedge article as if it was his analysis to make him look smart. I don't like this fear merchant.