More than $330 billion worth of listings have been sitting on the market for 60 days or longer. Rising inventory and slow homebuying demand is pushing up the total dollar amount of home listings, and will push down home-sale prices by the end of the year.
We did it, reddit.
Now crash. I want to see investor tears.
At this moment this entire capitalist thing sounds like Beavis & Butthead dialogue:
“Hey, Beavis, do you remember how we grifted on housing so hard we crashed half of world economy?”
“Yeah”
“Let’s do it again”
Same, my vision is just Regular Show
“Dude…”
“I thought it would be funny!”