Housing Market Problems? Related stocks are almost all down ~20% YTD.

Sharing is Caring!

Am I missing something? Perhaps it’s a mix of personal paranoia (was looking to buy a house) and media hysteria, but this looks pretty bad.

Dodd-Frank Act has already been partially rolled back, with plans to roll it back further. Many of the problems that caused the 2008 crash also appear to have not been fixed. Prices have out paces increases in wages by outlandish amounts (in many regions, but not all). Lenders and Banks want more home sales, and are beginning to budge on things like 0-3% down payments, and now jumbo reverse mortgages.

READ  The New Housing Crisis Is Stealing Homeowners Future
READ  Increasing psychological problems in society is due to structural problems and makes collapse more likely


Chart: US homebuilders vs. the S&P 500 (www.cnbc.com/2018/07/24/new-home-sales-june.html …)



h/t deepfriedlies



Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.