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Old 07-07-2022, 05:52 PM
 
1 posts, read 1,680 times
Reputation: 10

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The recession officially started July 1st, 2022! A lot of people are unaware/unprepared for where the world is going to go in the next few months. Let us begin with the real estate market, when inventory goes up, prices go down because there are too many options so urgency is down and power is in the buyer's hand. Why are house prices going down? Interest rates cause monthly payments to increase which in turn cause home prices to go down to get monthly payments down.
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Old 07-07-2022, 06:41 PM
 
Location: USA
9,114 posts, read 6,155,520 times
Reputation: 29884
Is there a question or comment about Orlando in your post?
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Old 07-07-2022, 08:20 PM
 
Location: Orlando, FL
85 posts, read 99,239 times
Reputation: 75
We are building back better baby!
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Old 07-08-2022, 11:16 AM
 
490 posts, read 516,902 times
Reputation: 560
A recession is negative growth in 2 straight quarters, which hasn't happened yet.
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Old 07-08-2022, 11:17 AM
 
490 posts, read 516,902 times
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Quote:
Originally Posted by ScottFL78 View Post
We are building back better baby!
We actually are, well not the government, the private sector. The supply chains and Chinese dependency have been disrupted.
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Old 07-09-2022, 03:10 PM
 
1,519 posts, read 1,214,652 times
Reputation: 2630
Quote:
Originally Posted by ScottFL78 View Post
We are building back better baby!
Haha loving the sarcasm when it comes to Brandon and the disgrace he is to this country, and oh disgrace to Orlando since this is an Orlando thread..
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Old 07-12-2022, 06:22 PM
 
141 posts, read 115,119 times
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Unlike in 2008 I don't think there are going to be as many flippers (aka "investors") caught unable to find a chair when the music stops and thus compelled to mail in the keys or short sell. Some big, institutional scale landlords bought a lot of properties which they may liquidate, but only if their cash flow becomes untenable (due to a fall in rental income, say).
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Old 07-13-2022, 07:20 AM
 
490 posts, read 516,902 times
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Quote:
Originally Posted by Roger Lessman View Post
Unlike in 2008 I don't think there are going to be as many flippers (aka "investors") caught unable to find a chair when the music stops and thus compelled to mail in the keys or short sell. Some big, institutional scale landlords bought a lot of properties which they may liquidate, but only if their cash flow becomes untenable (due to a fall in rental income, say).
This and the job sector is really hot right now. As long as people have the opportunity to work, they can mitigate some of the growing pains.
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Old 07-13-2022, 09:25 AM
 
270 posts, read 161,620 times
Reputation: 362
Quote:
Originally Posted by JPrzybylski07 View Post
Haha loving the sarcasm when it comes to Brandon and the disgrace he is to this country, and oh disgrace to Orlando since this is an Orlando thread..



If you want to learn about disgrace, you need to read or see the testimony from the 1/6 Committee.
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Old 07-14-2022, 06:31 AM
 
2,746 posts, read 1,779,432 times
Reputation: 4438
Quote:
Originally Posted by andree.lamy View Post
The recession officially started July 1st, 2022! A lot of people are unaware/unprepared for where the world is going to go in the next few months. Let us begin with the real estate market, when inventory goes up, prices go down because there are too many options so urgency is down and power is in the buyer's hand. Why are house prices going down? Interest rates cause monthly payments to increase which in turn cause home prices to go down to get monthly payments down.
Recession most likely officially started January 1, 2022 since Q1 had negative GDP growth but thanks for the School House Rock economics lesson. Now tell us how a bill becomes law.
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