Loading ...Something to think about. If millions of people lose money on their stocks, they won’t be out spending money like drunk sailors, especially on houses, and driving inflation higher.
Lets face it, stocks are part of the money supply. If they are using margin, they’ll be selling things to get the money for margin calls, driving what they sell, prices lower also.
Back in 1929 the crash caused prices to drop. A friend’s grandfather bought three houses in a row very cheaply.