/biz/ - Business & Finance

>>53359126
priced in? it barely even started.

>The elephant in the room on inflation in the short term is housing, which represents the largest component of core inflation. Housing costs in the CPI data are lagged: home price and rental increases of the last couple of years are showing up now in the CPI data. However, current measures such as apartment asking rents are slowing significantly.
>This makes sense given the sharp rise in mortgage rates and the largest percentage increase in multifamily units coming online since the 1970’s. In other words, the collapse in housing (whose speed now rivals the housing decline during the double dip recession of the 1980’s) should dampen inflation substantially in 2023.

https://privatebank.jpmorgan.com/content/dam/jpm-wm-aem/global/cwm/en/insights/eye-on-the-market/2023-outlook-jpmwm.pdf?jp_cmp=pw/ContentSharedViaAdvisorChannel/ema/OFTtemplate01012023/NA

>>53335256
>The elephant in the room on inflation in the short term is housing, which represents the largest component of core inflation. Housing costs in the CPI data are lagged: home price and rental increases of the last couple of years are showing up now in the CPI data. However, current measures such as apartment asking rents are slowing significantly.
>This makes sense given the sharp rise in mortgage rates and the largest percentage increase in multifamily units coming online since the 1970’s. In other words, the collapse in housing (whose speed now rivals the housing decline during the double dip recession of the 1980’s) should dampen inflation substantially in 2023.
https://privatebank.jpmorgan.com/content/dam/jpm-wm-aem/global/cwm/en/insights/eye-on-the-market/2023-outlook-jpmwm.pdf?jp_cmp=pw/ContentSharedViaAdvisorChannel/ema/OFTtemplate01012023/NA

i imagine it's tough, knowing that 90% of your sub 6 figure net worth is locked up in a plywood shitbox with another 275 months of payments on the hook. but its value is gonna drop through the fucking floor and there's absolutely nothing you can do about it. kill yourself, if you must. i'll be there to buy it for pennies on the dollar at the post-suicide estate auction.

>>53328631
>The elephant in the room on inflation in the short term is housing, which represents the largest component of core inflation. Housing costs in the CPI data are lagged: home price and rental increases of the last couple of years are showing up now in the CPI data. However, current measures such as apartment asking rents are slowing significantly.
>This makes sense given the sharp rise in mortgage rates and the largest percentage increase in multifamily units coming online since the 1970’s. In other words, the collapse in housing (whose speed now rivals the housing decline during the double dip recession of the 1980’s) should dampen inflation substantially in 2023.
https://privatebank.jpmorgan.com/content/dam/jpm-wm-aem/global/cwm/en/insights/eye-on-the-market/2023-outlook-jpmwm.pdf?jp_cmp=pw/ContentSharedViaAdvisorChannel/ema/OFTtemplate01012023/NA

>The elephant in the room on inflation in the short term is housing, which represents the largest component of core inflation. Housing costs in the CPI data are lagged: home price and rental increases of the last couple of years are showing up now in the CPI data. However, current measures such as apartment asking rents are slowing significantly.
>This makes sense given the sharp rise in mortgage rates and the largest percentage increase in multifamily units coming online since the 1970’s. In other words, the collapse in housing (whose speed now rivals the housing decline during the double dip recession of the 1980’s) should dampen inflation substantially in 2023.

source: https://privatebank.jpmorgan.com/content/dam/jpm-wm-aem/global/cwm/en/insights/eye-on-the-market/2023-outlook-jpmwm.pdf?jp_cmp=pw/ContentSharedViaAdvisorChannel/ema/OFTtemplate01012023/NA

so... who else is sitting on $100k cash, waiting to pick up some sweet deals from over-leveraged paper hands retards?

!!!!WARNING: THIS A CHUD-FREE ZONE. I DON'T CARE ABOUT YOUR $57K PLYWOOD BOX OUTSIDE OF TOPEKA, KANSAS.!!!!!!

>>53319988
>The elephant in the room on inflation in the short term is housing, which represents the largest component of core inflation. Housing costs in the CPI data are lagged: home price and rental increases of the last couple of years are showing up now in the CPI data. However, current measures such as apartment asking rents are slowing significantly.
>This makes sense given the sharp rise in mortgage rates and the largest percentage increase in multifamily units coming online since the 1970’s. In other words, the collapse in housing (whose speed now rivals the housing decline during the double dip recession of the 1980’s) should dampen inflation substantially in 2023.

https://privatebank.jpmorgan.com/content/dam/jpm-wm-aem/global/cwm/en/insights/eye-on-the-market/2023-outlook-jpmwm.pdf?jp_cmp=pw/ContentSharedViaAdvisorChannel/ema/OFTtemplate01012023/NA

don't forget to tip the sherriff 10% of your assets when he serves you the bankruptcy eviction notice.

annual mortgage costs now 45% of the average household income, nearly the highest on record. house prices are going down. it's only a matter of time. cope and seethe all you want. and no, i don't think it will be a flash crash -- rather a gradual 20-30% decline over the next 12-24 months.

source: https://privatebank.jpmorgan.com/content/dam/jpm-wm-aem/global/cwm/en/insights/eye-on-the-market/2023-outlook-jpmwm.pdf?jp_cmp=pw/ContentSharedViaAdvisorChannel/ema/OFTtemplate01012023/NA