Recent comments in /f/wallstreetbets

alphalegend91 t1_j6og5ii wrote

They're never going back down that far. Houses in essence are meant to be anti inflationary so when there's large inflation the house prices will go down slightly and stay flat at best. The only reason 08 happened was because like 90% of people had ARM's and weren't thoroughly vetted on their sources of income. This is different.

What I have been seeing is a decrease in inventory of homes for sale and a drastic increase in homes for rent. Why would anyone give up those sweet low mortgage rates at a way lower price than what they want?

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