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mahatmakanejeeves

(57,655 posts) Thu May 13, 2021, 12:48 PM May 2021

This prediction from a year ago didn't pan out.

Wed May 13, 2020: pent-up supply could soon ravage home prices.

2 replies

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This prediction from a year ago didn't pan out. (Original Post) mahatmakanejeeves May 2021 OP

It sure didn't. I suspect w/ the ultra low interest rates still persisting out there, this SWBTATTReg May 2021 #1

Until response to inflation makes the Fed tighten money supply. marble falls May 2021 #2

SWBTATTReg

(22,174 posts)

1. It sure didn't. I suspect w/ the ultra low interest rates still persisting out there, this

Reply to mahatmakanejeeves (Original post)

Thu May 13, 2021, 02:04 PM

May 2021

'housing boom' will still remain...Personally I think w/ the COVID 19 stuff, and other persistent economic issue(s), wage growth is still low, and frankly, I think home owners are staying longer in their homes, not interested in moving, in short, the last bust of 2008 burned a lot of people...perhaps the lending institutions themselves burned out the markets in 2008 by artificially 'goosing' the markets back then?

People don't trust anymore...and I don't blame them one bit.

marble falls

(57,338 posts)

2. Until response to inflation makes the Fed tighten money supply.

Reply to SWBTATTReg (Reply #1)

Thu May 13, 2021, 02:37 PM

May 2021

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