Thread regarding Fannie Mae layoffs

Is a housing crash happening again?

Few posts online are claiming that people are abandoning their homes, leaving cars at airports and flying out of the country, this could be a early sign or a social media speculation of repeat of past 2008 housing crisis ?


by
| 21 views | | 3 replies (last 15 days ago) | Reply
Post ID: @OP+1m238gksn

3 replies (most recent on top)

@OP, I’m just curious, what made you choose this particular board to ask that question?

by
| | Reply
Post ID: @b6+1m238gksn

@a5 I get what you’re saying. Even if the affected group is small in one state the impact becomes meaningful if the same pattern spreads across many states. One state alone won’t move the national housing market but if multiple states start seeing this could cumulative and effect can grow.

by
| | Reply
Post ID: @ap+1m238gksn

no. from what i know it’s only people on visas like h1b which makes up a small portion of the housing market. might affect some areas in texas but i dont see it having a significant impact on the US housing market

by
| | Reply
Post ID: @a5+1m238gksn

Post a reply

: