/biz/ - Business & Finance

No because all the boomers are old and the last thing they want is for property values to crash before they can dump their giant bags on millenial heads.

>>21010378
The fact that everyone thinks it won’t probably means it will. Or the fact that everyone has cash waiting to buy means it’ll squeeze up. Who tf knows

>>21010378
hard to say, the declining dollar and interest rates are bullish for housing market prices, but unemployment and foreclosures could bring supply up.

>>21010378
everybody with a brain knows covid is temp. prices will continue to go up.

>>21010378
Either that or people willingly let the jews consolidate all the land in the country

>>21010378
I do not see any reason for it to dump.

COVID hasn't affected housing sales, really. Anyone serious enough to buy a house wears a mask to open houses and anyone disciplined enough with a down payment saved up is more than happy to do business over the phone or online.

>>21010557
>I do not see any reason for it to dump.

idk, people losing their jobs can't pay mortgages = mass foreclosures

that's my theory anyway

>>21010378
American houses are built not to last for a reason. We should stop thinking it as the dollar milkshake and start thinking of it as the half million dollar home.

>>21010598
Depends what happens with unemployment.

Only market to take a dip is luxury and commercial.

>>21010598
Do you really think we would be approaching all time highs in the stock market with people losing their jobs? Stop believing the news. Unemployment is at an all time low thanks to Trump

>>21010729

haha its about to dump faster than you shit in the morning.

>>21010604
That is the dumbest thing I have ever read in my entire life

>>21010378
There's millions of people and they're breeding too. Only a small amount of houses and land.
Housing will never go down.

>>21010378
>>21010432
>>21010598
>>21010695
>>21010729
https://kycir.org/2020/06/12/as-courts-reopen-an-eviction-crisis-looms/

>>21010854
don't shatter my dreams anon, I'm counting on millions of families becoming homeless so I can get a cheap house

>>21010729
Actually this is a not autistic at all, because at least autists understand basic economic concepts. This poster is actually just plain ol' retarded.

>>21010898
forgot these sorry retard here
>https://brooklyneagle.com/articles/2020/07/22/nearly-1-5-million-new-yorkers-at-risk-for-eviction-when-trials-begin-next-month/
>https://www.wmar2news.com/reboundmaryland/evictions-to-resume-in-maryland-in-the-coming-weeks
>https://www.bloomberg.com/news/articles/2020-05-29/coronavirus-eviction-bans-are-ending-now-what
>https://www.wmar2news.com/reboundmaryland/evictions-to-resume-in-maryland-in-the-coming-weeks

>>21010729
this is literally the best troll I've seen all night, thanks anon

>>21010729
I am feeling subverted

>>21010378
No. The dollar will crash before housing collapses. Brrrrr motherfucker

>>21010378
Holy shit I hope so. Fuck.

>>21010378
Nope, things started to go into motion very rapidly after the collapse in 08' and here's why the house market won't crash anytime soon.

>Boomers can get away with selling their houses at exorbitant prices because the Chinese or other rich foreigners can buy them

>Boomers have filed for reverse mortages which ensures the banks will take over their homes after they die

And these are just the simple examples. You have guys seriously have NO IDEA how Boomers and Bankers fucked you over and this Pandemic is just the cherry on top. It's a good thing Millenials only care about worshiping minorites and Zoomers making Tik Tok videos. We've reached our peak in civilization and now were slowly crashing down in a dramatic display. Save on gold and silver.

>>21011562
Also fuck China and fuck Fonzie

>>21010843
it's not, you're just obsessed.