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In the discussion thread: Krugman: Here Comes the Trump Slump [View all]

Response to louis-t (Reply #3)

Fri Oct 4, 2019, 01:17 PM

8. I'm in mass, and realtors are getting nervous...

Haven't really been following where the housing market is, but I see homes in my neighborhood not selling for several months, which is unusual.

Also, one of the realtors just put a paid article in our local town rag sheet saying "Don't Panic - this isn't 2008". Well, that right there tells people "should I be panicking?".

It's kind of like telling a 4 year old to not put peas up their nose. They never thought about it until you said that, so naturally thats what they starting thinking about.

To put an article like that in the local paper is a sign of panic. They must really be seeing the market getting nervous.

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