So far people are holding on in the desperate denial that things are not that bad. But if they were smart, anyone in trouble would get out while they can. It’s going to get worse before better. Read any of the topics on this site. I think about maybe scrounging up the money for any old place I can get and then I think, what if that nice place I really want goes down in price a year or 2 from now.
It’s not impossible. It will be a year or 2 before this market plateaus.