[quote=livinincali][quote=AN]People don’t sell unless they can buy another. People can’t buy if they don’t have a job. People don’t sell if they’re underwater. They won’t sell if they have no equity to help them buy their next house. So, you’ll never have # of sellers > # of buyers, if you have people able to stay in their houses for free. We’ve seen that happen recently.[/quote]
What about the real estate investors/speculators that bought with all cash. Can they sell?[/quote]Sure they can. The question is, would they? All cash investors are the strongest hand you have. People who have hundreds of thousands to $ are not the weak hands who would sell at the bottom of a crash. They’re the one who bought in 2008-2011. They’re also the one who bought the last time the DOW hit 6k-ish.
