Yeah, we just can't let everything fall the natural way. All around the neighbourhood, we have empty houses, and a declared housing shortage. The banks are in on this, as well.
When the Great Crash happened for Japan, it took a year or more for everything to settle out. All the banks just hummed along and pretended everything was fine. All this fun ended up with property prices crashing more than if they had just let it go.
Following this, I expect the housing market to be frozen until next year, when things will crash 50%. Or not.
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