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housing prices peak 2
invite response
2022 Apr 29, 9:29pm 614,979 views 5,816 comments
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5812
zzyzzx
2025 Jan 14, 9:04am
zzyzzx
2025 Jan 14, 9:04am
https://www.resiclubanalytics.com/p/housing-market-where-inventory-is-above-pre-pandemic-housing-inventory-levels
9 states are back above pre-pandemic housing inventory levels—these 5 states are getting close
9 states are back above pre-pandemic housing inventory levels—these 5 states are getting close
5813
zzyzzx
2025 Jan 14, 9:31am
zzyzzx
2025 Jan 14, 9:31am
https://finance.yahoo.com/news/ally-end-mortgage-originations-cut-161513045.html
Ally to End Mortgage Originations, Cut Jobs Across Company
Ally to End Mortgage Originations, Cut Jobs Across Company
5815
WookieMan
2025 Jan 14, 1:31pm
WookieMan
2025 Jan 14, 1:31pm
zzyzzx says
Some of you cats need to listen to me. This has been obvious for years. Popular spots have been overbuilt around 2018 or so. It's not interest rates. The inventory went up.
https://www.resiclubanalytics.com/p/housing-market-where-inventory-is-above-pre-pandemic-housing-inventory-levels
9 states are back above pre-pandemic housing inventory levels—these 5 states are getting close
Some of you cats need to listen to me. This has been obvious for years. Popular spots have been overbuilt around 2018 or so. It's not interest rates. The inventory went up.
5816
Ceffer
2025 Jan 14, 2:27pm
Ceffer
2025 Jan 14, 2:27pm
Patrick says
The real problem is that DEW effected matter do not quench very quickly and undermine ground to a good depth under the former structures. They create time related deterioration effects that are unpredictable. Might be OK for a home, but not for large, heavy structures for some time afterwards.
The reflecting pool 'memorials' at the previous WTC in NYC aren't there because they wanted a memorial on the valuable real estate. Clean nuke under the foundations as well as non-quenching DEWs with ongoing molecular effects made the footprints unbuildable. Those plots would continue to disintegrate and undermine any large structure built on them.
The real problem is that DEW effected matter do not quench very quickly and undermine ground to a good depth under the former structures. They create time related deterioration effects that are unpredictable. Might be OK for a home, but not for large, heavy structures for some time afterwards.
The reflecting pool 'memorials' at the previous WTC in NYC aren't there because they wanted a memorial on the valuable real estate. Clean nuke under the foundations as well as non-quenching DEWs with ongoing molecular effects made the footprints unbuildable. Those plots would continue to disintegrate and undermine any large structure built on them.
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https://finance.yahoo.com/news/pimco-kiesel-called-housing-top-160339396.html?source=patrick.net
Bond manager Mark Kiesel sold his California home in 2006, when he presciently predicted the housing bubble would pop. He bought again in 2012, after U.S. prices fell more than 30% and found a floor.
Now, after a record surge in prices, Kiesel says the time to sell is once again at hand.