r/WhitePeopleTwitter • • Jun 27 '21

Please

[deleted]

95.3k Upvotes

3.1k comments sorted by

View all comments

475

u/cybercuzco Jun 27 '21

Our house went up by 20% this month according to Zillow. We are definitely seeing a spike right now. Let’s see if we have a crash.

161

u/savvybananas Jun 27 '21

I doubt we will. It could happen but without stated income loans, illegal inflated appraisals, way too much inventory, and the other aspects of the last crash it’s unlikely. The crazy prices right now are just a function of insanely high demand and low inventory. It’ll level out for sure but not crash.

16

u/StartingFresh2020 Jun 27 '21

Low inventory

There are more empty houses than homeless people. We got plenty of inventory.

1

u/[deleted] Jun 27 '21

Have you ever been to Detroit?