Ya all this bullshit talk about it , if we’re true we’d see a rise in real estate inventories. Even if it were 5% mortality. We aren’t seeing any of that so it’s all bs
This would only be if the entire household dies.. this would be a very later indicator.. ask your local funeral home embalmer, look at that.. this IS happening
Inb4: good friend in funeral biz, they never been this busy... very VERY few don't have 50+% blockage during embalming..
Real Estate inventories are up. There was is a tight market simply due to the fact that whole segments are not on the table. People are not buy or listing simply due to the fact that an upgrade in this market doesnt make sense. If you are sitting at 3% or less, more than doubling your interest rates plays a huge part in the numbers of whether to sell and move or sit and weather out the insecurity that is our current market.
Your estate does - Your significant other has a voice in the process. Your kids might be holding on to it. I have buried 5 close friends in the past year and a half. None of the heirs have liquidated their estate or house at this point.
To your point- shitload of people who are getting screwed hard by sitting on a ton of revolving debt (plastic) that runs north of 30% interest. Any poor saps that were on adjustable are fucked. Industries that have dumped a ton of people like IT are screwed and the idiots who WFM and were dumb enough to move to some idyllic vacation spot and assume they could work remote for ever, lmfao. They're finding out what it's like to compete with offshore wages AND tons of better skilled folks on shore looking for work.
This is only the beginning, we have not gotten to the rug pull stage yet, but that will happen soon.
Ya all this bullshit talk about it , if we’re true we’d see a rise in real estate inventories. Even if it were 5% mortality. We aren’t seeing any of that so it’s all bs
This would only be if the entire household dies.. this would be a very later indicator.. ask your local funeral home embalmer, look at that.. this IS happening
Inb4: good friend in funeral biz, they never been this busy... very VERY few don't have 50+% blockage during embalming..
“Only” be ? Really? Majority of mortgages are barely hanging on by a thread. You lose one of of the incomes of any household it’s gone.
What if blackrock was the front to buy them up at no matter the cost to hide it
Death rates are up significantly.
Australia
USA
Real Estate inventories are up. There was is a tight market simply due to the fact that whole segments are not on the table. People are not buy or listing simply due to the fact that an upgrade in this market doesnt make sense. If you are sitting at 3% or less, more than doubling your interest rates plays a huge part in the numbers of whether to sell and move or sit and weather out the insecurity that is our current market.
If you’re dead or dying and can’t hold the mortgage you don’t have any choice on what interest rate it is.
Your estate does - Your significant other has a voice in the process. Your kids might be holding on to it. I have buried 5 close friends in the past year and a half. None of the heirs have liquidated their estate or house at this point.
To your point- shitload of people who are getting screwed hard by sitting on a ton of revolving debt (plastic) that runs north of 30% interest. Any poor saps that were on adjustable are fucked. Industries that have dumped a ton of people like IT are screwed and the idiots who WFM and were dumb enough to move to some idyllic vacation spot and assume they could work remote for ever, lmfao. They're finding out what it's like to compete with offshore wages AND tons of better skilled folks on shore looking for work.
This is only the beginning, we have not gotten to the rug pull stage yet, but that will happen soon.