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I dont see the feds destroying the US housing market since that would wipe out a lot of cash and derivatives in the process, completely disastrous to say the least. So really, I foresee a panic sale or panic buy as people scrounge up based off the fear of missing out, followed by a cash injection by the feds which will cause the prices to shoot back up. Essentially the opposite of a dead cat bounce

I dont see the feds destroying the US housing market since that would wipe out a lot of cash and derivatives in the process, completely disastrous to say the least. So really, I foresee a panic sale or panic buy as people scrounge up based off the fear of missing out, followed by a cash injection by the feds which will cause the prices to shoot back up. Essentially the opposite of a dead cat bounce

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[–] [deleted] • 0 pt

IMHO, They will dip slightly because less buyers will be able to qualify for mortgages with higher rates. The dip will be larger outside of large cities. That said, if you factor in inflation the price of a house is already going down. If you were to compare it to something else that went up in price (here for instance, butter went up like 2x) then it costs alot less butter to buy a house then it did a year ago.