Quote:
Originally Posted by Polyal
To be fair to the OP, we are in desperate times and its only going to get worse.
The market is bizarre at the moment, so hold out for a couple of months once the economy tanks another 5-10%.....
......Once the Gov hand outs start to be pulled back then watch, this is the only reason things are not worse right now. There are always cycles of power over time (buyer vs seller) and we havent really gone through a period of economic instability before....
|
I agree that we're in for tough times. What i've yet to see is people's mindsets change to match.
When that awful reality finally sets in there well might be more sellers than there are now. When people are forced to list their ppor and sell stuff like cars to make ends meet. We are nowhere near that yet. Here is what it might look like...
https://www.cnbc.com/2020/07/08/32-p...-payments.html
At that point I suspect the buyers might well disappear bar all but the most liquid.