[JohnFen]

> without the program many homes would be on the market again suppressing prices.

At the same time, though, the people who lost those homes will be on the market looking for a different place to live, increasing demand.

This is not my field of expertise, but on the surface it appears to me that this kind of thing is a wash. A housing unit is made available, increasing supply, at the same time as a new demand is created for a housing unit, decreasing supply.

[recursive]

> people who lost those homes will be on the market looking for a different place to live

At a lower price point obviously. There's still a net movement to lower prices.

[aprilthird2021]

Foreclosing on a house probably means you are not going to buy another one for a while