Submitted by KindaEgotistical t3_10ko116 in Connecticut
1234nameuser t1_j5tfg8s wrote
Reply to comment by KindaEgotistical in The inventory of houses suck by KindaEgotistical
Inventory is really all that matters. The pandemic was easily the largest demand pull our economy has seen in history (unsustainable low rates) so we know recent prices are entirely unsustainable on demand alone.......which has now cratered to all time record lows, naturally.
With money literally raining down from the sky (PPP loans being the scam of the century) everything escalated quickly and it's literally guaranteed there will be a long painful hangover. Let's all enjoy the ride.
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