Income needed to buy a house in Phoenix AZ now exceeds the peak of the GFC housing bubble by 40%… then house prices fell 53% over 5 years… inventories in Arizona is up 129% YoY… with interest rates rapidly increasing to levels well above GFC in 2008, how hard will house prices fall this time…?

Sharing is Caring!

by silvertomars

See also  Bursting housing bubbles are going to vaporize trillions in fake wealth created by central bank confetti-money. 2008 redux, but this time the central banks have blown their wads with 14 years of "emergency measures."
See also  ‘Stop Kissing Each Other’s Rear Ends!’: Chip Roy Excoriates Congress In Scathing House Floor Speech

Views: 39

Leave a Comment

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