Post AMrn8aP4rBmr1Zft0S by lunch@cybre.space
 (DIR) More posts by lunch@cybre.space
 (DIR) Post #AMrCOUQDATAYnlvQTA by feld@bikeshed.party
       2022-08-24T15:27:30.474518Z
       
       0 likes, 0 repeats
       
       "Imagine losing 45% of your home value and mocking BTC holders"
       
 (DIR) Post #AMrn8aP4rBmr1Zft0S by lunch@cybre.space
       2022-08-24T16:58:36Z
       
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       @feld these are construction companies though not the value of the homes themselves
       
 (DIR) Post #AMrn8atv0WSOZE6W4u by feld@bikeshed.party
       2022-08-24T22:19:09.566352Z
       
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       I meant to post a link to this too but forgot https://wolfstreet.com/2022/08/23/sales-of-new-houses-collapse-in-the-west-by-50-inventories-supply-spike-to-high-heaven-worst-since-peak-of-housing-bust-1/Home builders down ~50%, new sales in some areas already down ~50%, so we are going to have a massive excess of new housing soon and you can expect home values to get sliced about 50% tooJust wait and see 😇