The housing market crisis in America
The fed is trying hard to break it, has been resilient so far.
What I am seeing lately around here is people living in campers. Campers are becoming the new homes here. I always feel bad for these people. This one lady posted this morning saying they are looking for a 2-bedroom 1 bathroom house, apt, anything. There is just nothing around here and they are living in a camper with 2 kids and her husband. I just keep seeing this more and more around here. The RV places have become year-round living areas here now. It's scary to see what the future holds.
A follow up on what I was discussing yesterday. I saw more people looking for RV spots around here reading Facebook this morning. Apparently they are even charging higher prices at these KOA campgrounds because people are using them full time to park their campers to live in. I then saw replies that because of this people are starting to take their campers and live in the woods around here upsetting hunters since you can camp in a spot for 16 days then only have to move it a little ways. Getting crazy out there.
It'll go back to 5% without question. Everything goes in streaks. The bigger question is how long it will take to get there.