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US housing market in ‘deep recession’ as homebuilder confidence tanks: economist
NYPost ^ | 09/19/2022 | Thomas Barrabi

Posted on 09/19/2022 12:52:02 PM PDT by ChicagoConservative27

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To: ChicagoConservative27

Jimmy Carter II.


41 posted on 09/20/2022 6:46:40 AM PDT by Zathras
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To: cgbg

It is happening now.

At least in my area.

A lot of boomers are trying to cash out of huge houses, and can’t find buyers.

So a front company comes in and offers a low ball price, and takes the house off the market. Meanwhile younger Mills and Z’s can’t find apartments that they can afford to rent.


42 posted on 09/20/2022 7:29:09 AM PDT by redgolum (If this is civilization, I will be the barbarian. )
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