Replies to post #40149 on Your Economy (No Politics) (YE1)

[MisterEC]

Don't forget 40 million boomers who use to be in the demand equation are no longer in it.

Upside down values will not be able to refinance.

There are MANY new homes unsold.

If you need the tax write off and can afford the negative cash flow, go for it.

If not, you will just add to the downturn when it happens.