Perhaps but most of the fundamentals now are very different than 2008

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May 20, 2022
2:07:52pm

Cougarclaw Truly Addicted User

For one, home owners are flush with equity.

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Cougarclaw

Previous username: BigWoodThunder
Bio page: Cougarclaw
Joined: Jun 22, 2011
Last login: Jun 22, 2024
Total posts: 60,182 (15,132 FO)

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Messages

Author

Time

This is a disconcerting observation:

stenso

5/20/22 2:06pm

Perhaps but most of the fundamentals now are very different than 2008

Cougarclaw

5/20/22 2:07pm

Some are - just like in 2008. Others who bought more recently, not so much.

crack

5/20/22 2:09pm

Equity is worthless unless you have access to it

byukarl

5/20/22 2:14pm

Right, but in 2008 many abandoned properties due to no equity, and that won't happen this time.

Turnpike Lane

5/20/22 2:22pm

depends on how bad everything else is

byukarl

5/20/22 2:29pm

This isnt 2008! It is 1978

johnnybyu

5/20/22 2:32pm

Yeah. Every business is going to try to cut back on tools before people.

ballen

5/20/22 2:22pm

I think so too

homegrown

5/20/22 3:46pm

I'd be interested to see how those figures were calculated. From late 2007 to

Cougarmayn

5/20/22 2:31pm

I agree startups are going to face challenges

johnnybyu

5/20/22 2:32pm

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