You know, in all the MSM blurbs I read about the housing crash, there is always some comment like ‘recovery late ’08, maybe early ’09’.
Really now.
I have to wonder, where will all the buyers come from to pick up the record amounts of inventory? Particularly, when there are a record amount of home owners already?
The FB’s are going to have no money and cr@p credit, so they are going to be lucky to find someone to rent to them.
The small pool of willing buyers with good credit and cash in the bank are gonna wait till the bottom. We ain’t stupid.
