My example involves many people being forced to sell. That wasn’t the parent’s argument or at least I didn’t understand it this way. I think it made a point about voluntary sale. Otherwise they wouldn’t have said that vast majority of homeowners would be unaffected. I’m saying involuntary sales are a significant effect of housing market crashes. In fact involuntary sales might be required to have a market crash in the first place. If that’s true, a significant number of homeowners must be affected in order for a crash to occur.
Their example was literally about them not selling. Maybe learn to read. They explicitly called out foreclosure by a bank where the bank takes their property back from the homeowner and sells it to reclaim the mortgage amount. That is not the homeowner selling.
You do realize your example involves them selling right?
My example involves many people being forced to sell. That wasn’t the parent’s argument or at least I didn’t understand it this way. I think it made a point about voluntary sale. Otherwise they wouldn’t have said that vast majority of homeowners would be unaffected. I’m saying involuntary sales are a significant effect of housing market crashes. In fact involuntary sales might be required to have a market crash in the first place. If that’s true, a significant number of homeowners must be affected in order for a crash to occur.
Their example was literally about them not selling. Maybe learn to read. They explicitly called out foreclosure by a bank where the bank takes their property back from the homeowner and sells it to reclaim the mortgage amount. That is not the homeowner selling.
Reading comprehension certainly isn’t your strong suit.