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Sep 28, 2022
11:45:51am
johnnybyu All-American
It’s absolutely going to be challenging. I see All nonessential assets plunging
Boats RVs side by sides and even extra cars. People will do what they can do maintain their house. But if things get bad enough and people can’t make payments that will come down as well but that means things will be much worse than the housing crash of 2008 and the 1970s. I say this because Rents still increased during 2008 crash and prices increased during the 70s. People walked away from houses because of bad loans and negative equity. Those are not big issues right now. But could be

If we have great recession 2.0 then you are right everything is going to crash
This message has been modified
Originally posted on Sep 28, 2022 at 11:45:51am
Message modified by johnnybyu on Sep 28, 2022 at 11:49:40am
Message modified by johnnybyu on Sep 28, 2022 at 11:53:38am
johnnybyu
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johnnybyu
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