Sent: Sunday, November 30, 2025 at 01:17:12 PM EST
Subject: The US housing market could face a price correction 'worse than 2008' with prices dropping by half in mere months, a housing analyst has warned.
Housing market is 'set to face a price correction worse than 2008' with prices feared to drop by half in MONTHS
Housing analyst Melody Wright predicted the market could face a price correction 'worse than 2008.' However people have accused her of fearmongering.
https://www.dailymail.co.uk/real-estate/article-15328777/housing-market-price-correction-prediction.html?ito=email_share_article-top
Housing analyst Melody Wright predicted the market could face a price correction 'worse than 2008.' However people have accused her of fearmongering.
https://www.dailymail.co.uk/real-estate/article-15328777/housing-market-price-correction-prediction.html?ito=email_share_article-top
Good.
I own my small condo outright.
A "meltdown" is overdue, as affordability has cratered.
3 comments:
As long as house taxes drop too(which would never happen.)
--GRA
TARIFFS PULL IN A RECORD 31,4 BILLION SMACKAROOS IN OCTOBER;P.T. TALKS ABOUT ELIMINATING FEDERAL TAXES
(epoch times)Tariff revenues surged to $31.4 billion in October, setting a new monthly record as the Trump administration’s trade policies continue to remake U.S. trade flows and reshape the federal government’s balance sheet, according to newly released Treasury Department data.
The Monthly Treasury Statement for October, published on Nov. 25, shows net customs duties totaling $31.4 billion, surpassing all prior monthly readings and marking the strongest single-month tariff haul since the modern reporting era began.
President Trump, speaking during a Thanksgiving call with U.S. service members on Nov. 27, said the revenue boom could soon allow the United States to dramatically reduce—or even eliminate—federal income taxes for many Americans.
GRA:Until Lucy SCOTUS pulls the football away from P.T.Brown.
--GRA
Compared to a 2 trillion (2,000 billion) dollar deficit,
372 billion ($31B x 12 months) is ... well, it's peanuts, speaking of Lucy pulling a football.
Wish we could give Javier Milei a visa to move here and do his chainsaw magic. 40% across the board to start with.
$2,000 checks to everyone like the covid stimulus? Insanity. Inflation.
Just pay down the debt.
$38 trillion minus $372 billion, let's see, now we're only $37,628,000,000,000 in the hole. You gotta start somewhere.
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