/biz/ - Business & Finance

>>18778097
Stop making sense. This is stock market general not fucking big brain academy.

>>18540016
Home values will be down 40% by EOY in all markets.
>No one is buying
>Massive unemployment
>Brick and mortar retail and small businesses are going bankrupt.
>1/3 of rent is not being paid
>No one is using airbnb
>Flippers are sitting on empty properties.
>There are more than nine million second homes in the U.S. that may or may not be financially viable given the depth of the current recession.
>About eight million landlords who own between one and 10 properties accounting for half the nation’s rental properties. Financial duress will come swiftly for those carrying multiple mortgages.
>As many as 30% of Americans with home loans, or some 15 million households, could default if the nation’s economy remains closed up through the summer.
>Illigal immigration has been halted from the virus.
>Interest rates are already near 0 and can't really go much lower.
>JPMorgan has bumped its loan requirements to 20% down and 700 credit score.
>The jumbo mortgage market is disappearing.
>list prices are already down 6% in april

>>18422047

Prices are about to crash 40% in all of the overvalued markets.

>No one is buying right now.
>No one is renting air bnb.
>1/3 of renters are not paying
>Flippers are stuck holding empty property.
>Immigration has halted due to virus.
>Unemployment is skyrocketing, as multiple businesses are going bankrupt.
>JpMorgan just increased their requirements for a loan to 20% down and a credit score of 700.
>Fed can't cut rates anymore. They are practically at 0 already.

>>18415770
>JENGA BLOCKS AND GOSLING

Here I even made a diagram!