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Evictions are Finally Surging. Uncle Sam's Pockets Are Empty......This is a GOOD Thing...

 
Anonymous Coward
User ID: 81993318
United States
05/07/2022 01:39 AM
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Evictions are Finally Surging. Uncle Sam's Pockets Are Empty......This is a GOOD Thing...
Which will thankfully be what's needed to reverse the obscene rental rates. This will also affect the real estate market as a whole, over time. However, now that forbearances AND eviction bans are over, within 6 months from now the market will be drastically different.

You keep hearing clueless dildos on this forum and everywhere else spewing bullshit about an "inventory crisis". it's 100% bullshit. There is NO actual shortage. The Government created a fake "inventory crisis" by keeping rates low and disallowing anyone from being evicted and foreclosed on, but Uncle Sam's pockets are officially empty now. In fact, in actuality, the number of single family homes PER CAPITA has risen over the last 5 years alone.

We're over 700K behind in foreclosures since pre-pandimic levels and there's a FUCK ton that are about to hit the market.

Sorry, you greedy delusional "investor" fuckwads who think they're "experts". But the market is beginning to reverse, and we're only getting started. When it hits it's stride its going to TANK HARD.

Sources:

[link to www.texastribune.org (secure)]

[link to www.fox46.com (secure)]

[link to www.youtube.com (secure)]





GLP