:glitchcat: male_daughter :glomped: on Nostr: depends see here's the formula, housing defaults and delinquency is at an all time ...

depends see here's the formula, housing defaults and delinquency is at an all time high, so these houses are prebuilds most of which were rushed during COVID during material shortages meaning they're already falling apart and out of spec the roof foam insulation seems to have destroyed a lot of houses. Add a lot of people fell for the solar scam, meaning they added another loan on top of their house and when they change the roof ( in 8-10 years) all the problems with solar being improperly installed and general problems associated are going to surface meaning between underwater mortgages (which most are) and all those issues, well they're all tofu dregg projects. So who will buy these piles of slag¿ Something has to break soon for that market to regain liquidity it's inevitable