>>22229485>I don't think there's a bottomless pit of sideliners with cash, thoughNot bottomless, correct, but quite enough that they’d probably be able to suck up distressed LLCs
>with cashyou only need 3.5% down.
at a $200k house, that’s $7k.
“those dam zoomers and millennials just aren’t buying houses, and they’re renting and staying at their parents into their 30s” — because the houses are just out of reach
you might be right that there’s probably not enough normies just out of reach to sponge up the entirety of every LLC, but I think it won’t be hard to sponge up whatever happens without pulling a full 50% down like back in 2007
also,
>>22229505>>22229535I think anyone that already owns a house and actually has self control may end up buying a 2nd or even 3rd house.
there’s just no way that you can hit even a solid 20% down without financially responsible people seeing an opportunity.
the risk of contagion to the rest of the market is also likely just not there like it was in 2007
