/biz/ - Business & Finance

>>53947738
>dwindling supply
Sorry, is someone going around bulldozing more houses than are being built?
>influx of buyers
From where? Magic land? Mass Immigration isn't even keeping up with the boomer die off.
>No one who locked in a 2% rate is going to sell
No one? At all? Its funny you say this because I know people in this position that are turning down transfers for promotions and taking pay cuts to stay in there 2% homes. Just because people don't sell doesn't mean this will have other negative effects on the markets.
>there is not going to be a crash
Things are different this time. Fixed rate mortgages aren't going to magically save the markets. We are not pre 2008 conditions anymore. The market is completely different and what brings it back down to reality will be too.