• Num10ck
    link
    fedilink
    English
    arrow-up
    1
    ·
    1 day ago

    check out the supply vs demand number trends for houses, especially in the south.

    • peoplebeproblems@midwest.social
      link
      fedilink
      English
      arrow-up
      2
      ·
      1 day ago

      As far as I can tell, everything reports a supply gap. It is decreasing in the south, notably.

      That would imply demand is driving real estate prices up. That’s not going to be an overleveraged asset, as far as I know Residential Mortgage Backed Securities are not nearly as exposed as they were in 2007. I have a suspicion that Commercial Mortgage Backed Securities are over leveraged, but I have no way of proving that.

      It could be what you’re implying is that the broad ownership of housing is inflated on purpose to drive prices up, and that something will make residences an unattractive investment. I don’t know what that something could be - as the only thing that’s a safer investment thatlln residential real estate is probably gold?