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deathxbyxtaxes t1_iwvy9ve wrote

Reply to comment by MurlockHolmes in Home sales fell for the ninth straight month in October, as higher mortgage rates scared off potential buyers by ChocolateTsar

I find that a lot more likely than everyone cheering on a market crash.

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Celcius_87 t1_iwwnhff wrote

Some of the people wanting a market crash ARE cash buyers

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deathxbyxtaxes t1_iwxbe6y wrote

Sure, but most of them are not in my experience. Almost everyone I’ve seen cheering for a market crash is in position where they can’t afford to buy otherwise. I get it, but it ignores all the nuance of the effect of the larger economy.

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