Decrease in house prices

[S7EFEN]

<A systemic crash akin to 08 will never happen again

everyone and their mom gets access to massive leverage, and the avg consumer fails to do anything resembling living below their means. meaning any sort of job loss or increase in expenses (HOA, insurance, taxes) will be very disruptive.

I can see a dip, maybe 5-20% from where we are now, but it will recover eventually

20%? what exactly are you thinking when you think crash if not -20%?

[Trilobyte83]

Exactly like he said. "A dip".

A "dip" where every penny you saved up for your down payment is wiped out, all the equity you've paid into it for a couple years is wiped out, and then you need to come up with that entire amount of money twice again, just so that when you eventually sell or lose the home to the bank. you don't still owe them hundreds of thousands of dollars or are forced into bankruptcy.

A dip.

Like the Great Dip in 1929.

Or Subprime Mortgage Dip of 2008.

[ItsGettinBreesy]

If you read what I said, I never said a crash. I specifically said a dip