by Chris Black
I suspect the “institutional investors” in housing (Blackrock, Vanguard, the usual suspects) are just fine with the state of affairs.
And that’s not a good thing.
You will own nothing…you know the drill.
US #Property Market Officially Popped & Is Heading Lower, As #Mortgage Payments Soar & Sentiment Is Smashed – #Realestate Crash Imminent: As Mortgage Rates Explode Price Cuts Soar And Buyer Demand Collapses https://t.co/3uaadlRXur pic.twitter.com/2deBIGoIOt
— Crush The Market (@crushthemarket) June 17, 2022