Quote:
Originally Posted by Yoho
This is a total myth, job loss is the most lagging indicator of recession . Once that domino finally falls due to interest rate hikes and corporate debt. it starts to get ugly quick and immigrants don’t change that.
It doesn’t matter what your amortization is if you lose your job and the market gets over saturated quick with listings to market.
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You're implying we have a housing market that of still dependent on local economic conditions. That's not the case.