• SCB@lemmy.world
    link
    fedilink
    arrow-up
    1
    ·
    edit-2
    1 year ago

    if prices come down margins must come down

    This is not accurate.

    Flood the market in 2007

    This is not how the housing bubble popped. It was demand-side, due to (absurdly) loose credit. Home prices were still rising dramatically in 07 - supply was not keeping up with demand.