Tech bubble burst will trigger real estate bubble burst (lower salaries + unemployment will cause defaults)
and as someone on other thread said:
"Everyone and everything attached to the real estate market starts to freak out that home prices might decline. More panic, more layoffs, more defaults."
Tech bubble burst will trigger real estate bubble burst (lower salaries + unemployment will cause defaults)
and as someone on other thread said: "Everyone and everything attached to the real estate market starts to freak out that home prices might decline. More panic, more layoffs, more defaults."