Thursday, July 26, 2018

Housing Market Problems? Related stocks are almost all down ~20% YTD.

https://imgur.com/a/zxZOeiD

Am I missing something? Perhaps it's a mix of personal paranoia (was looking to buy a house) and media hysteria, but this looks pretty bad.

Dodd-Frank Act has already been partially rolled back, with plans to roll it back further. Many of the problems that caused the 2008 crash also appear to have not been fixed. Prices have out paces increases in wages by outlandish amounts (in many regions, but not all). Lenders and Banks want more home sales, and are beginning to budge on things like 0-3% down payments, and now jumbo reverse mortgages.

What are your opinions on the matter? Are there other signs?



Submitted July 26, 2018 at 09:43AM by deepfriedlies https://ift.tt/2LCYYKg

No comments:

Post a Comment