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Apr 14, 2021
8:54
:31
pm
Probable Sacko
All-American
My question is are rising prices due to shortages (supply/demand) or inflation. Or a mix of both?
Clearly with building supplies inflation has not been the root cause. But other commodities may be different. Prices sure are climbing either way...
This message has been modified
Originally posted on Apr 14, 2021 at 8:54:31pm
Message modified by Probable Sacko on Apr 14, 2021 at 8:54:52pm
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Probable Sacko
Previous username
Cougarmus Prime
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Probable Sacko
Joined
Oct 23, 2014
Last login
Apr 30, 2024
Total posts
9,356 (155 FO)
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Messages
Author
Time
I suspect that once the eviction moratorium ends we will see RE prices drop
Ssebo
4/14/21 8:47pm
I actually no longer think you will see prices drop, the Fed will prop up the
Nat Gas Man
4/14/21 8:49pm
My question is are rising prices due to shortages (supply/demand) or inflation. Or a mix of both?
Probable Sacko
4/14/21 8:54pm
mixture of a myriad of things all at the same time. Demand because people are
Nat Gas Man
4/14/21 8:59pm
Are some people not paying rent and saving that for down payment?
Xenon
4/14/21 8:59pm
I used to run an anti-fraud task force in business. If there is a way for
Nat Gas Man
4/14/21 9:01pm
I thought rent still had to be paid but it could be delayed... the total sum
kotacoug
4/14/21 9:13pm
You wont qualify for a mortgage with that on your credit.
rad dawg
4/14/21 9:15pm
There was a report a couple week ago about 250 billion in hedge fund money that
IUCougar
4/14/21 9:10pm
The banks will sell that bad paper in large groups
Nat Gas Man
4/14/21 9:12pm
My banker just posted on linkedIn. "The window of opportunity for distressed deals is closing before it really opened"
HarlemCoug
4/14/21 9:30pm
I don’t think so. Employment is high. People have cash.
Memmo
4/14/21 9:38pm
and banks have cash - so they can afford to be patient with borrowers who need a little more time to get caught up.
HarlemCoug
4/14/21 9:50pm
Assuming they actually can’t afford it.
Memmo
4/14/21 10:35pm
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