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by jjcon 1319 days ago
> so sales will drop off a cliff as we're already seeing with mortgage companies doing mass layoffs.

Certainly, but read these articles. the expert economists and firms. While that may be true it is also true that far fewer people will sell their homes and very few homes will be built exacerbating an already 20 year problem of under building. The USA will have a low demand and low supply problem in the short term but the low supply problem is likely to persist for quite some time (just as it has for the past decade).