/biz/ - Business & Finance

>>58284301
>You see rates being raised significantly and the housing market cooling a bit and thinking that means a dump.
I did not say that. Please reread >>58284020
>Well the market is still up significantly from just a couple years ago and rates are about to fall.
The market is up from 2020, yes. However, Since 2021-22, things (prices) have slowed down and come to almost a stand still. Prices has slightly dropped, but nothing major. This would be due to interest rates and current prices, along with affordability and salvageable income (see posts above).
>Prices don't just drop because you want them too kiddo.
I don't think I ever said I wanted them to.
>People who can afford houses.will continue to buy.
Can you provide any data? And (hypothetically) what would instigate them to buy, if prices were to begin falling?
Do the people who can afford houses have enough capital to hold the housing market together? Do they have enough to outbuy those who cannot afford to purchase homes at this moment? Can you provide any data to back up your claim?
>You talk if poor people not being able to buy. They don't have to they'll rent from corporations who own hundreds of thousands. Everything you post is naive wishful thinking
Everything I've posted is backed by data. If you don't like it, don't take it out on me. Go to the ones doing the research and polls. Also, as of "they'll rent from corporations who own hundreds of thousands". I see you're a little out of the loop, so I'll fill you in:
>those corporations are currently dumping right now. they've been doing it since Q3 2023.
Not sure why you're being butthurt about what I'm saying. All I'm doing is throwing you the facts.
If you don't like it, then you shouldn't have made a thread in the first place.