[quote=deadzone]Back to the subject at hand, the nasdaq is cratering faster than I even expected, and still the Fed has only raised .25% up to now. This is a very bad sign for the economy and future of housing market.
Regarding tech workers going back to the office, I will repeat that the tech industry has been living in fantasy land of easy money for the last 10 years thanks to the Fed. Now with this support gone, the tech economy is cratering much like the .com bust.[/quote]
Lol..uh no….
There’s a minor issue called supply chain shortage that is crimping supply that you conveniently glossed over that made companies like Apple unable to meet demand. Minor issue like Shanghai pretty much shut down for the past 2 months that you either conveniently ignore or just are lacking awareness. Again, lack of understanding on your part. Just like calling Robinhood a tech company that you conveniently dodge not that you were called out as being erroneous in that.
And of course now that you are flat out wrong about return to office and remote workers going away, you’re now just changing your tune to something else ie (stock market) to seek validation of a reason for housing to fall off the cliff… Well shit, I’d one says 10 different things , ones got to be right by conincidence…lol…
Let’s go back to the original point you were trying to make here. Return to work…now going to affect the housing market…now that that’s not really happening (and in your case being near UTC where return to college actually made the housing situation worse for UTC, a lot worse), you are conveniently pivoting to the stock market and trying to connect the dot there to why housing will now decline in SD.
shit, you’re looking for any reason to validate what appears to be a much needed housing price decline you apparently desperately need. It’s kinda funny…lol…