There's going to be a blood bath in the housing market once everyone is underwater on their loan when housing prices go...

There's going to be a blood bath in the housing market once everyone is underwater on their loan when housing prices go into free fall. I don't think anyone is ready for what's about to transpire in the housing market over the next year or two.

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Good

>honey the zestimate is less than what we paid in june. do something reeee

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Blackrock is prepping to buy a lot more homes.
Normals can't benefit from this crash.

Contemplate that in Canada people have fixed rate mortgages and housing prices have dropped 10-30% there in recent months. Imagine being 30% underwater on your mortgage and then getting your interest rate hiked to 9%

>when housing prices go into free fall
not holding my breath

Nonfixed, fuck phone posting

kek

>he fell for the black rock is buying all the homes meme

check their balance sheet you fucking schizo, this theory has already been debunked but you spend so much fucking time on Any Forums that you've rotted your fucking brain with psyops.

>house value matters when people payments are being made
Nope. Most underwater homeowners after the housing collapse of 2008 simply rode it out. They made payments and literally nothing nothing happened to them or their home.