Comments by "worn down" (@worndown8280) on "Housing Market Will Be DEVASTATED If Michael Burry is Right" video.

  1. Ask yourself when ANY majors in real estate have ever said there will be a ten to 20 percent "correction"? Just once, can you name any time where they have said housing will go down? Even during 2006-2012 they kept saying..." this year housing will stabilize and we should see returns to growth". That should tell you how bad it is going to be. They are saying there will be losses so they wont be liable for all the money lost that is their clients. But the end result of this has and will always be for the majority of Americans, they will have a lower standard of living. But thats what happens when you live off debt for 80 years.
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