this post was submitted on 23 Aug 2023
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[–] cheery_coffee@lemmy.ca 2 points 1 year ago (1 children)

That's true. My assumption was the bubble doesn't pop unless people default, and what would cause that.

Flippers, investors, speculators, and banks aren't really factored in here.

[–] Zuberi@lemmy.dbzer0.com 1 points 1 year ago

Certainly couldn't be the global instability in housing markets