Possibility of a housing crisis and strategies

by DonkStonx

Hello fellow retards. One externality of a shut down economy is the possible increase in homes on the market, new home building slump, and the possibility of a housing crisis. I wanted to make a thread to discuss this.

We’ve been reaching a pinnacle in home prices and I think we’re seeing the market begin to turn downward. Australia was having its market collapse, and in the US the decrease in sales and prices was less pronounced but still marked (www.cnbc.com/2019/12/04/harsh-housing-forecast-for-2020-especially-in-these-big-cities.html)

READ  Biden Gets the Immigration Crisis he so Richly Deserves

Now we have almost our entire economy shut down. We’re likely going to see millions without jobs for the foreseeable future. To me this looks like it could cause possibly cause a housing crisis. What might be some good companies to short? What might be some hardest hit areas?

As for how to benefit from this, any of you guys that make money can hopefully save 3.5% down payment for an FHA backed mortgage to buy a home. Where might you see the biggest gap up in properties post recession?

READ  Mortgage Rates Set To EXPLODE! Will The Housing Market Crash?

Loans for an empty lot usually require 80% down but lot prices may get depressed enough to be viable as well.

Looking forward to your thoughts so I can inverse them.


Disclaimer: This information is only for educational purposes. Do not make any investment decisions based on the information in this article. Do you own due diligence.


Leave a Comment

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