Submitted by fastclickertoggle t3_11rv6nb in news
peepjynx t1_jcbxfmu wrote
Reply to comment by ttyp00 in Credit Suisse sinks 21% after top shareholder rules out support by fastclickertoggle
Btw, something like 99% of homeowners are locked in to fixed interest rates between 3-6%. This is actually a problem. But there will not be any sort of housing market collapse because, after 2008, they kneecapped housing supply.
No one is building jack shit.
For anyone interested in this stuff though, seriously check out this guy's YouTube channel. Even go back a few months. I don't remember who shared this link with me, but I quietly thank them every day.
Johns-schlong t1_jcdf4nz wrote
Yeah, something a lot of people like to ignore regarding housing pricing is the lack of supply. This isn't like 2008 where there are a surplus of houses. And like you said, most owners are now locked in at historically low rates that make moving less likely.
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