Investor Home Purchases Collapse Most On Recordhttps://www.zerohedge.com/mark...BY TYLER DURDENTHURSDAY, JUN 01, 2023 - 05:00 PMResidential real estate brokerage firm Redfin released new data that revealed a record-breaking drop in homes purchased by investors in the first quarter.

In what way does any of this = collapse?     

It's nothiing like the last one.This collapse will be entirely different and for different reasons. 

A cocktail which is leading to a collapse in revenue for Airbnb operators across America.The collapse is most notable in the Southwest and Mountain West areas of the country, where Airbnb revenue per listing is down 40-50% YoY.

Once momentum shifts and it becomes obvious that revenues are collapsing, well the values will be repriced to reflect that, just like prices skyrocketed when we had Covid demand and 3 percent mortgages.

passive", lol.Any real investor knows this is a tough game that brings some hard knocks. there’s an “app” for that 😂 hahahahafirst year is guaranteed rent LOLI think this is also reason why all these new tech company collapse  , who the world need to buy car with carvana , buying home with bitcoin token and all abracadabraa lol 

With that volume has collapsed, which is definitively what stagflation does/is.

I sold off in 2006 & 2007 and it took a year later to collapse, but I didn't want to be with the crowd when it did collapse.Kinda like today.

Evergrande, which is facing one of the country’s largest defaults as it wrestles with more than $300 billion of debt, has already missed coupon payments on dollar bonds twice last month.We had to do a double take when we saw this because these are absolutely terrifying numbers and are, to put it bluntly, scarier than Goldman's "worst case scenario"; what's worse this sudden collapse in China's property market is taking place before Evergrande has even defaultedAs such, any contagion from the ongoing turmoil sweeping China's heavily indebted property sector will impact not the banks, which are all state-owned entities and whose exposure to insolvent developers can easily be patched up by the state, but the property sector itself, which as Goldman recently calculated is worth $62 trillion making it the world's largest asset class, contributes a mind-boggling 29% of Chinese GDP (compared to 6.2% in the US) and represents 62% of household wealth. 

What if there is an entire internet collapse?