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Dallas lo house prices defenitely trending down


Telugodura456

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30 minutes ago, Telugodura456 said:

why am i seeing new houses in desi community also staying on redfin lists for days and days ?

It is already confirmed that non-desi areas there is a major slowdown.

Area cheppu anna, looking to buy house with budget 500k

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Emanna job lossess aithe slight slowdown.

Job lossess will result interest rate cuts.

Interest rate cuts will result job gains

Job gains will result in more inflation.

Inflation will result in interest rate hikes.

This is a continuous cycle.

So far in this cycle job market still very strong inspite of interest rate hikes. There may be more interest rate hikes.

 

Only a major event like 2008 or 2020 covid can cause big slowdown. But interest rates will be cut to zero during such event and new cycle of rich becoming even more richer will start.

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1 minute ago, Manishican said:

Emanna job lossess aithe slight slowdown.

Job lossess will result interest rate cuts.

Interest rate cuts will result job gains

Job gains will result in more inflation.

Inflation will result in interest rate hikes.

This is a continuous cycle.

So far in this cycle job market still very strong inspite of interest rate hikes. There may be more interest rate hikes.

 

Only a major event like 2008 or 2020 covid can cause big slowdown. But interest rates will be cut to zero during such event and new cycle of rich becoming even more richer will start.

Ee two types of cycles lo poor and lower middle class are becoming poorer.

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2 hours ago, bithrisathiiiii said:

eedu job cheayada bhayya, roju motham ee DB lo ne sastadu

Manaki kuda good - sometimes down lo vunnappudu veedi posts choosi naa meedha confidence peruguthundhi 😃😃

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2 hours ago, Manishican said:

Ee two types of cycles lo poor and lower middle class are becoming poorer.

Upper middle class does not realize that gap between them and rich has increased a lot

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