Submitted by nvk1196 t3_yh4syx in wallstreetbets
BlueMysteryWolf t1_iue7h31 wrote
Reply to comment by Vodkaconhielo in Anybody shorting the market by nvk1196
A housing industry that bought dozens of houses would have to go belly up from poor mismangement and lack of being able to create revenue. Then there will be a flood of houses suddenly available. Remember it took a company going belly up in 08 for that crisis? Just like it did for Evergrande.
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We're already slowly starting to go back to companies giving out houses to those who can't afford it in the long term in order to make at least some money from their places.
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