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Namely this passage from the wiki, is what makes me wonder:

A virtual end of inflation in the American economy, together with overbuilding in multifamily, condominium type residences and in commercial real estate in many cities. In addition, real estate values collapsed in the energy states – Texas, Louisiana, and Oklahoma – particularly due to falling oil prices – and weakness occurred in the mining and agricultural sectors of the economy.

I'm not at all familiar with S&L beyond the name and want to know more.

Namely this passage from the wiki, is what makes me wonder: > A virtual end of inflation in the American economy, together with overbuilding in multifamily, condominium type residences and in commercial real estate in many cities. In addition, real estate values collapsed in the energy states – Texas, Louisiana, and Oklahoma – particularly due to falling oil prices – and weakness occurred in the mining and agricultural sectors of the economy. I'm not at all familiar with S&L beyond the name and want to know more.

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As long as existing homes are being scooped up by Vanguard and Black Rock (I think it was mainly those 2) and others, and as long as people need a place to live/rent, the real estate won't collapse. Biden and the dems won't let oil prices fall either.

This is what I figured. Anyone saying "oil will crash" is selling you something, or genuinely doesn't understand the basics.