currently its mostly tech people at those ages 35-40+ are home owners, followed by STEM grad holders who are in-demand fields including health, but mostly the indemand specific health industries. every other stem holder aint getting an income if they can get the job even, to buy a house.
That’s the K shaped economy. What we’re seeing right now is the bottom falling out of the 60-70th percentile. I’m hearing of a massive housing correction that should be happening this year or next.
FYI they changed delinquency rules so now they offer homeowners “pay me something and the difference is added to the back of your mortgage” that way it doesn’t report in the delinquencies reports. 60% of those fail within a year but it still manages to avoid showing up in the data… There’s lots more… Listing sites adding the showroom to real estate websites to represent 300 units, that way they maintain the illusion of scarcity.
currently its mostly tech people at those ages 35-40+ are home owners, followed by STEM grad holders who are in-demand fields including health, but mostly the indemand specific health industries. every other stem holder aint getting an income if they can get the job even, to buy a house.
That’s the K shaped economy. What we’re seeing right now is the bottom falling out of the 60-70th percentile. I’m hearing of a massive housing correction that should be happening this year or next.
FYI they changed delinquency rules so now they offer homeowners “pay me something and the difference is added to the back of your mortgage” that way it doesn’t report in the delinquencies reports. 60% of those fail within a year but it still manages to avoid showing up in the data… There’s lots more… Listing sites adding the showroom to real estate websites to represent 300 units, that way they maintain the illusion of scarcity.