I've been looking. There's some good programs locally, but I do think there will be a housing recession if the stock market collapses. Not anything absurd, but at least enough to where I could afford a home.

[–] MeowZedong@lemmygrad.ml 2 points 4 days ago

I really really do hope you're right (I've been waiting too), but I don't think it's coming. Real estate is their "safe" money now. Despite all the red in the stock market, that money didn't just disappear, it got moved and its still held by the same people that own 99+% of the market.

It looks like any recession that comes will hit us, not them, just like every crash before that. 2008 led to people losing their homes while banks and hedge funds got bailouts. The people that got deals on homes were not those who needed homes.