If "past is prologue"...
Soup Lines coming? Late rent payments? Beginning foreclosures on all these new loans on jacked up valuations?
How many homes did the 2007 Las Vegas Showgirls own before the last collapse?
This looks very bad for the future...
“Everything is going up. Gas, food, rent, everything,” said Gladis Blanco, a housekeeper at the Bellagio. “But not our wages. It’s getting better for businesses but not for us: we are still struggling.” There is growing speculation that the housing market could crash in 2022. High interest rates coupled with the cost of living crisis has seen households squeezed as they try to afford rising energy, fuel costs and now mortgage payments.Sep 28, 2022
Consumer Sentiment looks like a low ...until you look at 2007-2008.
Edited by Rogerdodger, 02 November 2022 - 10:19 PM.