General Discussion

Blue_true

(31,261 posts)

3. The 2008 financial crisis was brought on by people buying homes that they could not afford.

Sat Jan 11, 2020, 08:15 PM

Jan 2020

Home flipping shows seem to be popular, I have seen them in the doctor's office and when I took my personal car for servicing at the dealership.

My guess. Wannabe home flippers are sitting on lots of homes hoping to make a killing, with loose money, they are likely daisy-chain financing them. It will all come out after the shit hits the fan, which should be soon.

Very expensive homes are not part of that because the people that buy them would never buy one from a flipper. Also, a lot of such people want custom built homes that meet their tastes.

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The shortage of homes for sale is getting much worse, even in luxury [View all] Yo_Mama_Been_Loggin Jan 2020 OP

Just want to point out that the sales of homes in the million plus market around New York dhol82 Jan 2020 #1

If population growth is at its lowest since 1900 BigmanPigman Jan 2020 #2

The 2008 financial crisis was brought on by people buying homes that they could not afford. Blue_true Jan 2020 #3

I didn't think of that. BigmanPigman Jan 2020 #4

When I visit my doctor, those shows are one. Blue_true Jan 2020 #6

How do you become a millionaire? kurtcagle Jan 2020 #9

The 2008 financial crisis was caused by Wall Street investment banks Doremus Jan 2020 #10

Good points. I wonder the same things too. If the economy is going so strong according ... SWBTATTReg Jan 2020 #11

Guess it depends on where you are DeminPennswoods Jan 2020 #5

Same where I live. nt Blue_true Jan 2020 #7

Demographics kurtcagle Jan 2020 #8