The media is not at this will wipe out enough people to reverse the housing crisis
It doesn’t take much to reverse a speculative trend. If all of a sudden people feel poorer, less secure and more interested in living in the burbs that might be enough to trigger a correction. On the other side are already record low interest rates that are driving prices the other way and possibly any future government incentives.
True, but it is being a bit nebulous and our imaginations tend to get the best of us when we consider the nebulous through an emotional lens. I mean, the fact that this isn't the first time I've heard similar questions during this news cycle says something. I think on the part of the media, it speaks to a lack of properly communicating perspectives and scope. On the part of us, as media consumers, I think it reflects an inability to keep our butts from getting antsy. Three of the most active articles on Hubski in as many days are on the subject, and I don't think it's because Hubski users are alarmist, but because Hubski users are thirsty for real information and it's frustratingly hard to find. Just my perspective, is all. Too be fair, I've been pretty annoyed of how the media has been dialing things up and keeping an eye out for the next big thing these past few years. So, I know my perspective has a biased tint.