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Re: jbsliverer post# 65409

Sunday, 05/08/2022 10:52:24 PM

Sunday, May 08, 2022 10:52:24 PM

Post# of 87867
jbs: Great post, written with your eyes wide open!

There is no question that the current housing prices are unsustainable. Prices of other stuff may be in a temporary bubble also; however, those may be sustainable because the feds have pumped up the bank accounts of the poor and middle classes.

When home prices crash they may make 2007-2009 seem like a slight downturn!

The main question is one of timing. It is POSSIBLE to make enough on investments before the crash to weather the crash. Remember 1999 and the first quarter of 2000.

However, rest assured that whatever Biden and company say, the BIG R is coming. I have a strong feeling that it will be moderated until the mid-terms. THEN, all hell will break loose.
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