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To: ALASKA
They are trying to make everyone think that it’s all going to be fine soon. They know that real estate is going to crater. There are still a few houses that will sell before loans are unavailable and everyone will be squaters. And that is my least worst senario.

My wife studied for her real estate license when we lived in another state. My question was rhetorical, just wanted to see who would tell the truth...and who wouldn't. You told the truth. Quite a few on her did not. People mark themselves for lying and never realize it. There is no way in hell the real estate market is going to hold up with what is going on, but almost no media is reporting anything about it. The worst corruption I have EVER seen in my life (and I promise you I've seen a LOT) comes from the real estate industry. Autos are second. Thanks for your honesty.

99 posted on 05/10/2020 4:20:32 PM PDT by MeneMeneTekelUpharsin (Freedom is the freedom to discipline yourself so others don't have to do it for you.)
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To: MeneMeneTekelUpharsin

It is not going to be pretty and most people are going to be bushwhacked when they realize what is happening. I think the economy has already been destroyed. I’m not usually so pessimistic, but I just don’t see a lot of good stuff in the near, and even distant future. I live in a town with 2 colleges. One of them just let it’s employees know that the Fall semester is going to be online. This means tens of thousands of students don’t need to live here or drive in for the day and leave money. That won’t be a ripple here, that will be a Big Ben bell toll for this town.


123 posted on 05/10/2020 6:26:37 PM PDT by ALASKA (Watching an attempted coup by a thousand cuts)
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To: MeneMeneTekelUpharsin

It is not going to be pretty and most people are going to be blindsided when they realize what is happening. I think the economy has already been destroyed. I’m not usually so pessimistic, but I just don’t see a lot of good stuff in the near, and even distant future. I live in a town with 2 colleges. One of them just let it’s employees know that the Fall semester is going to be online. This means tens of thousands of students don’t need to live here or drive in for the day and leave money. That won’t be a ripple here, that will be a Big Ben bell toll for this town.


124 posted on 05/10/2020 7:04:47 PM PDT by ALASKA (Watching an attempted coup by a thousand cuts)
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