/biz/ - Business & Finance

>>25863296
You're overcomplicating the current situation. The impending dip/crash isn't due to overlending, or fiscally irresponsible darkies, or bad investments. It's gonna be simply due to people not having income or savings. There are SIGNIFICANT amounts of businesses permanetly closed, entire industries that have a fraction of their normal workload, and plenty of people who are out on their asses. there are fewer people to lend to right now, thats the whole deal.

interest rates really dont come into play here, assuming the federal reserve doesnt touch the rates since doing so would destroy real estate further, and it cant really drop any further without going full retard.