Home prices are going to start falling, and it's going to be a major shitshow for the country

[getagrip_already]

20. early 80's, you can look it up.....

Sure, some things were different; conditions varied with where you lived. Some markets were red hot and others were collapsing. It pretty closely followed local economic conditions, with the rust belt and southwest hit hard, but both coasts doing well.

Point is, 5.x% is not gloom and doom. Especially with prices falling in some markets, it won't lock people out. As long as they have jobs that is. Past downturns didn't see people who were underwater selling at fire sale prices just "to get out". Some went under, and lost houses to foreclosure, which is a risk but one we can mitigate somewhat.

What can the dems do though? Stimulus would work, but we don't have 60 votes, nor do we have 51 votes to change the 60.

Seriously. wtf do you expect the administration to do?

Yelling the building is on fire won't help.