But the cov says the recession is over!
a lot of our business is retirees downsizing and (in California) transferring their property tax.
Fewer first-time and family buyers.
Lower pay, student loans, higher debt-to-income ration, etc.
Well, that should be bullish for stocks. After all, every piece of news - good or bad - ends up being bullish for stocks.
Student loans are keeping many would be buyers away. They have a bleak future if they did not get a STEM degree.
It’s convenient to blame the cool weather for something. They can’t associate it with “global warming” so they figure they can still get some mileage out of it.
It’s all bull$h!t. There is no bleeding money around any more! No good jobs. Taxes are high.
Summer of Recovery v5.0!