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Jul 9, 2021
9:56
:48
pm
Charles Darwin
Contributor
There is a new competitor in the market that couldn’t buy houses until 2012.
Younger people are screwed
This message has been modified
Originally posted on Jul 9, 2021 at 9:56:48pm
Message modified by Charles Darwin on Jul 9, 2021 at 9:57:13pm
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Charles Darwin
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Charles Darwin
Joined
Mar 21, 2020
Last login
May 2, 2024
Total posts
14,246 (127 FO)
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Messages
Author
Time
POLL: Will house prices in Utah Valley go down substantially sometime in the
federer
7/9/21 9:24pm
Rate of increase will slow, and people will quit over paying, but appraised
BYUCougarsFan
7/9/21 9:25pm
Probably when the locals deplete their cash-out money, 2007 will happen all over again.
Ragnar Danneskjold
7/9/21 9:30pm
I keep hearing that another crash is very unlikely because the mortgage industry
federer
7/9/21 9:47pm
Just an ignorant hunch.
Ragnar Danneskjold
7/9/21 10:03pm
Flat at most.
JuicyJam
7/9/21 9:44pm
Nope. 2008 was overbuilding and sub prime drama. This ain’t that.
Future_Tacos
7/9/21 9:50pm
There is a new competitor in the market that couldn’t buy houses until 2012.
Charles Darwin
7/9/21 9:56pm
Yup. It’s ugly too.
Future_Tacos
7/9/21 10:03pm
I think that's probably true. However, do you think there will be less demand
federer
7/9/21 10:00pm
No. People will keep having tons of kids, and most of them won't move away
wannnacruise
7/9/21 9:55pm
Most people are having fewer kids, so will the prices of larger homes decrease?
federer
7/9/21 10:02pm
Don't think the size of house vs. number of kids is significant enough to make a
wannnacruise
7/9/21 10:20pm
Very unlikely.
BostonCougar
7/9/21 10:45pm
No. Supply and demand
roseyscenario
7/9/21 11:04pm
Considering most of the tech industry in Utah is in that valley. You will
Millhouse
7/9/21 11:21pm
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