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The Something Awful Forums > Discussion > Debate & Discussion > 2016 Economic Crisis Thread - Duck and Cover?
Will the global economy implode in 2016?
We're hosed - I have stocked up on canned goods
My private security guards will shoot the paupers
We'll be good or at least coast along
I have no earthly clue
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side_burned
Nov 3, 2004

My mother is a fish.
 Is there any chance real-estate prices will see a contraction the way oil prices have? That's something I tell myself I want to see happen, but just like cheap gas I imagine there would some very undesirable consequences that would come with that.

* # ¿ Feb 11, 2016 04:30
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# ¿ May 2, 2024 18:19
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side_burned
Nov 3, 2004

My mother is a fish.

Bip Roberts posted:

What is even your mechanism for that to happen?
Stein's law mainly. I have not read anything that is predicting a drop in prices anytime soon but rent and house prices are out pacing wages and that literal can not go on forever. On personal level I would love to see urban rents drop since I hate living in small towns but I am certain that the economic conditions were rents in SF and NYC would go down would be pretty goddamn horrific in many ways.

side_burned fucked around with this message at 06:14 on Feb 11, 2016

* # ¿ Feb 11, 2016 06:05
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The Something Awful Forums > Discussion > Debate & Discussion > 2016 Economic Crisis Thread - Duck and Cover?