Stocks...Well, I guess you can request the certificates and use it to wipe your ass..
13 replies (most recent on top)
All of you forget that the only reason there was a recovery was because the Fed lowered rates and bought mortgages that nobody would touch. They don't have the wiggle room to lower rates further this time. There has also been a shift in perception that central banks are no longer omnipotent. Plus, with a market and RSUs in the dumps, people will have less to leverage off of. Just wait to see what happens when dual-income families who used both incomes to qualify start losing their jobs because the effects of a global downturn start rippling through
Anonymous140875, no I won't. You won't be there. Just like you weren't there in 2008, because I didn't see you. You didn't have money then, you won't have money now. And you won't have access to the brokers/agents that has the listings, because that's how short sales works.......... And you would get eaten alive if you tried to buy an REO at the courthouse steps by the sharks there .....amateur.... lol...
Or bank auction
See you at the short sale. Hahahaha
2008 called and it wants its McMansion back. LMAO!!!!
Naw it's over. Keep dreaming bag holders. lol
If you type in ALL CAPS you assessment of real estate will be correct. Idiot.
If home prices do crater back to 2008, I think many people (inclusive) would be stocking up and buying more...lol...And the institutions would have a field day.
Anonymous140841, Two words. Cash buys.
welcome back to 2008
Two words: Zombie Mortgage
housing won't fall back to post-crisis levels...Inflation adjusted....that would bring prices back to year 2000. Ain't gonna happen. Maybe 20% correction tops, which would put us back to YR 2013 prices.
Housing is next. Get ready to be a U-Boat Commander