What cracks first, auto lending or houses?
by Nimble_Centipeder Caption: Eventually, negative cash flow matters. Properties are selling at prices where they need 50% down to break even on PITI. Million dollar houses that can get $3,500/month rents. https://calculatedrisk.substack.com/p/real-house-prices-price-to-rent-ratio-020?s=r Caption: How much is a truck worth when …