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May 20, 2022
2:07
:52
pm
Cougarclaw
Truly Addicted User
Perhaps but most of the fundamentals now are very different than 2008
For one, home owners are flush with equity.
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Cougarclaw
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BigWoodThunder
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Cougarclaw
Joined
Jun 22, 2011
Last login
Apr 17, 2024
Total posts
59,380 (14,847 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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