Living in Atlanta With a Housing Market Crash

[@AtlantaSuburbanLiving]

Check out The Cost of Living in Atlanta!
ruclips.net/video/Zy6YJ9ofNS8/видео.html

[@jermon983]

Yeah Atlanta is in bad shape and its going to get worse. The sad part many folks are about to be caught off guard.

[@pythagoras134]

Like how… what are they about to catch off guard

[@gemechannel2899]

@@pythagoras134 disregard it is just a 💨 😂

[@rickyaclickpowr2187]

I don't know anything about real estate so I am wondering, isn't this crash good for new home buyers?

[@AtlantaSuburbanLiving]

Yup! Assuming banks were still loaning money, a crash in home prices would be good for all buyers. Remember, in 2008 when home prices crashed it was because lenders were unable to loan money.

[@amh31]

And like he mentioned in the video. A crash would likely be result of an entire recession resulting in most people losing their jobs. So they won't be able to afford it then either.

[@hectar1156]

This is new normal...new way of living.

[@Pyrosis22]

The Greater Depression is coming.

[@AtlantaSuburbanLiving]

Super interesting perspective! What do you think will cause “the Greater Depression”?

[@Pyrosis22]

Its a perfect storm housing prices are already going down, auto and commercial market has crashed. Major cities are becoming unstable. Along with fewer and fewer police criminals don't get charged and migrant continue to flood taking even more resources. The nation spends a trillion dollars every year in interest for debt alone now more then the defense budget. Major federal actions/spending will be needed to fix it but there is no money to spend forcing interest rates up more to prevent hyperinflation. Without cheap money to survive many business will be lost and the low unemployment rate will finally be the can smashing the wall.@@AtlantaSuburbanLiving

[@gemechannel2899]

Yea it has been coming since 2020😂