50% by that time period. Just-smart-enough people that could barely buy today, but refuse (because rates and prices) will be out of the buyers market for a year as they renew their leases. Less buyers, more competition between builders and existing home sellers. They will race to the bottom over next year IMO.
Just extending speculation here because of the timing of both. Many were surprised to see FDA concerned about blot clots again with JNJ. Great if FDA is quietly eliminating JNJ vax as a possible cause for the liver disease (doing their job). Way too early but could be the already-known clotting concerns is something both FDA and JNJ agreed to as the reason for the pause temporarily? Again its all total speculation. Not a scientist. Assume I am a janitor and take this concerned ideas with a grain of salt, I just thought the timing of these two reportedly unrelated events was a little odd.
yeah... would not be surprised to see unprecedented levels of inventory in 2 years.