Kevin Chen15 : Unless they halt this policy, even loose monetary conditions would be unable to absorb the impact of their monthly dumping of 1 billion XRP tokens.

Kevin Chen15 jr2004237 OP : This also indicates that as much as 70-80% of XRP remains unused. With such a high issuance volume and poor monthly utilization, how can the price be sustained?

Kevin Chen15 : Based on what you said, the September new home sales data should not have exceeded expectations.Economic dataMoreover, this is still under the condition that no interest rate cuts have occurred. Before that, the yields on 10-year and 30-year government bonds were publicly accessible! The primary reason why people are either hesitant or not in a rush to move or buy new homes now is that the fixed mortgage rates on their current properties are sufficiently low! Additionally, the new home price data in California has continued to fall short of expectations (although there is an upward trend). At this moment, it is unclear whether real estate developers and mortgage companies are suffering more, or if sales platforms and homebuyers are struggling more. Almost forgot to mention that even new housing starts data are declining. This indicates that the housing market will self-adjust according to supply and demand. Of course, it is true that the CEO lacks experience since he is analyzing Opendoor’s housing sales platform from an e-commerce perspective — which is understandable. What we should truly be concerned about is how much the commercial real estate loan interest rates might surge and how many regional banks may be affected.

Kevin Chen15 Xiaoya Chen : I have a small question. I’m not sure if it’s correct, but he seems to always approach the issue from the perspective of lending companies. However, based on the information I’ve gathered, isn’t it true that the ones most adversely affected by interest rate cuts are ultimately the lending companies?

Kevin Chen15 10baggerbamm OP : Thank you both for allowing me to learn!However, will the Trump administration's intention to relist FMCC and FNMA have no impact on the lending market?

Kevin Chen15 Xiaoya Chen : Thank you both for allowing me to learn!However, will the Trump administration's intention to relist FMCC and FNMA have no impact on the lending market?

Kevin Chen15 : Let's hear how complicated it is.And why should you still be looking for ways to explain when, under normal circumstances, you should have already prepared your data, shouldn't you?