Could Home Prices Crash As Much As In 2008?
Wealthion - Be Financially Resilient
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Is There a Natural Boom Bust?
Corec: There's two big dynamics going on. High prices are the cure for high prices, right? Prices get so high that people eventually say, ok, i'm not going to move to that market any more because it's now too richly priced. And at the same time, you have the fed out there now actively trying to dampen demand and to create a negative wealth effect in its efforts to bring infation down. Corec: I think nationally, home prices can go down by more than 20% - up to forty%.
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