You mean the blue cities of empty office towers, street level dystopia and lawlessness, and bankrupt lefty government failures?
Oh yeah there's a real estate crash coming and it won't be the sub-prime shmucks in Stockton this time, it will be huge swaths of uninhabitable highrise Democrat cities shrouded in uninsurability, revenue deficits, and legalized crime.That's the commercial RE crash tsunami headed for urban centers across the land.
The per capita number of new single-family home permits pulled is the lowest since 1974. Lumber prices have crashed due to low bulk demand, and the builders building those "house a day" subdivisions are now sitting on units, due to the houses being un-affordable. The real estate crash is comin', and when it does...
Lol its 2008 without the real estate crash
You mean the blue cities of empty office towers, street level dystopia and lawlessness, and bankrupt lefty government failures?
Oh yeah there's a real estate crash coming and it won't be the sub-prime shmucks in Stockton this time, it will be huge swaths of uninhabitable highrise Democrat cities shrouded in uninsurability, revenue deficits, and legalized crime.That's the commercial RE crash tsunami headed for urban centers across the land.
From your mouth to God's ears.
The blue cities can always cry to the Feds for
money printer go brrr"stimulus injections", but it won't stop the brain drain.The per capita number of new single-family home permits pulled is the lowest since 1974. Lumber prices have crashed due to low bulk demand, and the builders building those "house a day" subdivisions are now sitting on units, due to the houses being un-affordable. The real estate crash is comin', and when it does...
On top of this, there's a huge car loan bubble. That one is a bit sneakier. I don't hear many people who aren't in that industry talking about it.