Also, most of the people that will get crushed are the novice gamblers of meme stock and crypto that was hoping for that one hit one wonder get rich quick trade….[/quote]
And yes I am rooting for these douchebags to get destroyed. But this goes way beyond just meme stock and crypto investors. It goes heavily into real estate investors, flippers, etc. Same get rich quick douchebags. Funny how you guys are quick to criticize these investors when it comes to crypto, yet you have no issue with those flipping and manipulating RE. Perhaps as a RE investor yourself, you are happy that their actions are raising your net worth. Pretty selfish but typical. Well get ready because the RE investor/flippers are about to get destroyed too, the Tech/Crypto crash is just stage 1.[/quote]
And you dont understand flippers either. The ones really doing it have built up so much capital they are playing with house money now. Even if a property were to drop 20 to 30% while they were holding it would barely be a blip on the radar. Houses dont go to zero dumbass