Chart of housing supply in California

Apple
eleetist

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eleetist
Feb 7 32 Comments

With interest rate going up, supply might not go up because people aren’t going to be able to trade up due to higher monthly cost for a smaller house. But demand will go down due to higher interest rates (until the 40 year mortgage goes mainstream).

How will the net effect of supply and demand play out?

TC less than the new Amazon base

Chart of housing supply in California
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TOP 32 Comments
  • Chime
    v7xFhaHt

    Go to company page Chime

    v7xFhaHt
    My bigger question here is the following. Why is Powell not increasing the effin interest rates? Market downturn Vs Runaway inflation. It doesn’t take a genius to conclude which one is more bad for an economy. Yet, Powell time and again just comes and says something to soothe the markets.

    Do the elites in DC know something and they want to keep the curtains on until they get out safely from the market and then crash it leaving ordinary investors like me licking my wounds? I feel pretty nervous :(
    Feb 7 2
  • VMware
    vmworry

    Go to company page VMware

    vmworry
    This chart is making people to think there is less and less homes available. Check the number of new listings or home sales. Charts like these are made by realtors to create fomo.
    Feb 8 4
  • New
    snowelf

    New

    snowelf
    I thought when people sell a CA home, they typically go out of state ?
    Feb 7 3
  • Airbnb / Eng
    h8sue9j

    Go to company page Airbnb Eng

    h8sue9j
    Japan/Tokyo has 100 year mortgages.. the pain will not end.
    Feb 8 1
  • Apple
    Tim100MTC

    Go to company page Apple

    Tim100MTC
    Inflation is giving more people who got in early opportunity to rent their house out and be cash positive.
    Feb 8 0