this post was submitted on 04 Jun 2025
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Collapse

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This is the place for discussing the potential collapse of modern civilization and the environment.

Collapse, in this context, refers to the significant loss of an established level or complexity towards a much simpler state. It can occur differently within many areas, orderly or chaotically, and be willing or unwilling. It does not necessarily imply human extinction or a singular, global event. Although, the longer the duration, the more it resembles a ‘decline’ instead of collapse.

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I think the housing market is about to burst again (lemmy.world)
submitted 3 days ago by errer@lemmy.world to c/collapse@lemm.ee
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Have noticed a ton more houses for sale in my city, about double of last year. Prices have declined and houses are staying on the market longer. I think people thought interest rates were finally going to go down but with the fed keeping them at their current levels there’s a lot of owners trying to get out of the market while it’s still relatively up. I suspect within another year the bubble is going to burst.

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[–] errer@lemmy.world 1 points 3 days ago (1 children)

I dunno, the 2008 crash did a prolonged amount of damage, had it been a little deeper than it was we may not have recovered. At least back then we had sane people in charge.

[–] Gradually_Adjusting@lemmy.world 3 points 3 days ago

I don't know if papering over the bad debt with TARPs was exactly a sane response, but it definitely kept the music going long enough to have looked like a good idea in retrospect.

I kind of assume anyone posting in a collapse community doesn't need a lecture on that, though.