Didn't the subprime mortgage crisis happen in 2007? The current situation is worse than that???
Didn't the subprime mortgage crisis happen in 2007? The current situation is worse than that???
I think it's worse considering the inflation in food and gasoline. A 6 pack of beer at the grocery store is $10 now. 1 L of carrot juice is $6. It's unsustainable especially considering how wages barely moved for anyone. I don't see how people are getting by.
For a home owner selling and a realtor, the realtor likely has to compete to earn business but they are a third party to the transaction.
Could you elaborate? I honestly don't understand...
The effects of subprime crisis was not limited to the US. And instead of people not being able to afford homes, there were lots of people worldwide who lost their homes after they lost their jobs and their properly values collapsed.
https://www.globalpropertyguide.com/investment-analysis/The-...
Opendoor is US only (as far as I know) so the layoff justification just seems silly.