US housing market is mirroring 2008 bubble—real estate analyst

https://www.newsweek.com/us-housing-market-mirroring-2008-bubble-real-estate-analyst-2005520

by stasi_a

1 comment
  1. Most of our problems right now is from the inflation caused by the Covid bailouts. Worst vaccine rollout in human history, bad enough to tank the medical industry for some time to come. I was just listening to a podcast and the UK was fretting over only 30% vaccination rate, which is pretty low, but ya know, who will trust ya after all this?

    So now we have a problem that no one can afford anything big like land or a car. I passed the dealerships everyday and they are so full of over inventory they got them parked back to back in the lots, like you would have to move 20 vehicles to get to the one you want. Yeh this has been a hoot , but ya know, as far as I am concerned it tanked with the start of the 9/11 wars in 2002 and has stayed stagnant all this time. If we can stop the “Forever Wars” we might be able to dig ourselves out of this.

Comments are closed.