@Le_CaptAwesome@StockMKTNewz@ycharts The way it works is that most rich people don’t actually have money. They need to sell their holding to get cash and that’s what you are seeing?
it has come to my attention that year 2000 dollars might not be the best comparison. some of you all might not be familiar with Vertical Horizon and other amazing Y2k things
here are real payments in year 2021 dollars
Inventory in January hit an all-time low. Inventory turnover – the supply of homes for sale nationwide as a percentage of occupied residential inventory fell to 1.11%. That means that only 111 in every 10,000 homes were for sale – a historic low.
📈 Len Kiefer 📊 on Twitter: "Back in 2009 the U.S. had an excess of 1.9 million vacant housing units. As of the fourth quarter of 2021 there was an undersupply of 1.8 million vacant units. pic.x.com/05ME7kxqY9" / Twitter
After shifting out in 2020, housing demand partially rolled back in to medium-density markets in 2021. Townhouse construction increased 28% in 2021, reaching a total of 146,000 construction starts. Expect 15% market share in years ahead. eyeonhousing.org/2022/02/townho…
I just posted "The housing market here is just too much fun. Why shouldn't you be able see the toilet from the kitchen?" on Reddit
reddit.com/r/SeattleWA/co…
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