Comments by "worn down" (@worndown8280) on "Recession to CRASH the Housing Market" video.

  1. Zillow is a business. Their business is inflating the housing market to make profit.
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  2. The Fed isnt going to flip because of the housing market. Inflation is killing everything. If they lower rates inflation will grip he housing market again and up will go prices and people still wont be able to afford. The Fed only has one path forward, raise rates until it crushes inflation. And all these people saying oh it cant be worse than 2008 are either coping or hedging their bets so after they dont like over reactors. Putting housing aside and looking at the rest of the economy, inflation is still eating at everything. To get back to where we need to be on an earnings to mortgage ratio, so the rest of the economy can operate healthy we need housing prices to drop 40%. And the higher rate increases go the more homes will have to drop on top of that 40%. People seem to forget that every dollar they are paying extra on a mortgage is not being invested or spent in other economic activity altering the greater economy.
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