Quote:
Originally Posted by CHASZ51
Gonna be dry here for days. This area of FL gets the least amount of rain in the summer. Sure ready to sell and get out. If i knew housing was gonna crash like it did in 08 i would sell now and rent a while and buy cheap.
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It is like a roller coaster. Inflation is surely going to push prices way out of reach of most buyers, and the real estate business cannot survive without sales commissions. And sellers normally have a reason for selling, often one that is non-negotiable. Divorce, lost job for one or both wage earners, etc. Often they just NEED to unload that mortgage on their shoulders, even if it means just walking away from the house they are paying on.
The Biden (and democrat friends) brain dead guidance to the economy is sinking this country pretty quickly. The country just cannot survive with the amount of debt it has and is adding to every year. Government IOUs (money) will become worthless, as has happened to other countries in the past. You just cannot just keep on printing up money to pay the bills like there is no tomorrow. Any country that converts from a gold to fiat economy is writing it's own obituary on their gravestone. It is great for the government to be able to print money at will, but terrible for the citizens of that country because they are the ones who ultimately have the check left on their side of the table as the government exits the table.
When will people learn that the only way the democrats can run a country is into the ground?