[diogenescynic]

Probably that it would only take a small uptick in sellers/inventory to push the price equilibrium down and pretty quick you’d see a lot of recent buyers with negative equity. There have been 3 years of eviction protections and despite mortgage defaults going up, foreclosures have dropped. The market has been severely manipulated and at some point it’ll return to a normal market. Also something like 27% of mortgage holders would be forced to sell if they lost their jobs. If we go into a recession, there will be lots of forced sales.