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47 sats \ 0 replies \ @kepford 8 Aug \ on: Real estate market facing a major correction? econ
Not saying you are saying this but a mistake I think many people are making is thinking we are headed toward another 2008 housing crisis. That time was very different from now.
  1. We have a low supply of houses
  2. We have higher interest rates
  3. We do not have policy makers pushing home ownership and lenders to make insane loans to people that have no income.
We have a very broken market but I do not see the type of collapse we saw in 2008. Not an expert but I only hear a few people saying what I just explained. I don't think its in a good place but also its different.
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