/biz/ - Business & Finance

>>22707039
I fucking hope. Fuck boomers. Boomer genocide when?

How soon?

>tells his boomer neighbor he sold his stock
>you're right, Ed/Tom/Frank/Bob/Joe, that sounds like a good idea
>institutional investors beat them to it
>holy fuck its crashing i should get out now
>HERD MENTALITY
>in survival mode from covid
>has been stuck inside for 4 months
>literally losing their minds

Yeah.. unironically I don't see how it won't happen. Gonna be a dark few years. Thankfully china's political shit storm will hopefully motivate residents to take their net worth off the government monitor and store their value in crypto if they can which will booster it against the american fallout a little. Idk guys no real safe option. The buy gold meme is the truest it's ever been as much as I hate it.

>>22707039
Shut up

>>22707064

Its really hard to tell, lots of things are happening behind the scenes, let me explain

>banks are giving boomers months and months of time not to pay
>FED is literally printing money and buying stocks
>govt giving boomers incentives not to foreclose
>retail traders buying every dip, have no idea whats happening
>unemployment extensions + more welfare than usual

The dam is breaking, and they are plugging every hole with their finger. Its only a matter of time but who knows the timeline. It all depends on when a critical mass of people understand what is happening

>>22707039
commerical real estate will fall first

>>22707039
Imagine https://www.classicallyabby.com/commentary--lifestyle/ladies-stop-hooking-up

Just a word of advice for young people like me, don't start buying a home until you see boomers committing suicide in the street casually. Then, buy their home at dirt price, knock his daughter up. This won't destroy us, but this is the end for boomers. Good riddance, fucking kike loving lawn mowing worthless mother fuckers.

>>22707118
>Shut up

>>22707039
B_G
K____R
M_____S

>>22707039

>jim cramer saying buy the dip
>kikes on MSNBC begging people to buy the dip
>"this is healthy"
>back in my day in 99'
>talk for 30 minutes, don't mention real estate once
>sell.jpg

>>22707184
kek

Big Short 2.0

>posting a marketwatch opinion article

>>22707039
>be boomer
>have two houses with mortgages and tenants
>one house paid off I live in
>retired
>COVID hits, call bank
>sorry bros, I can't pay, 12 months no payments plz
>mfw tenants still paying rent and COVID made me richer

>>22707291
This fags right, boomers wont suffer as people still need to pay rent, it will be first home families that get rekt

>>22707282

>reads the first 2 words
>ignores all the references to cold hard statistics and data
>posts an angry boomer pic

You're going to be financially ruined and then die of covid.

>>22707081
Life would be easy being born a girl that looks like that. She doesn't care if there's a recession or a bubble. Never gotta work a day in her life.

>>22707291

You have 1 extra house and you paid it off. You're not who we are talking about, my source says there are several million not paying mortgages. Not paying bills is all fun and games until its not.

>>22707167
of fucking course they would. right as i get my shit together and starting to get attention from girls, this shit comes out and they will gobble this shit up.

>>22707039
Nothing ever happens. Stop being a queer

>>22707039
*ahem*

>>22707121
As a smart anon like yourself, what should we do to safe guard our wealth, or better, to what should we to increase our wealth

>>22707039
Hello sirs. How am I be able to the profit of america colapse?

>Anybody that owns houses that they rent are gonna want to sell as soon as they can
> people fleeing the larger cities are having trouble selling their homes and are lowering prices
> landlords are gonna rethink renting/ Airbnb as investment options and increase the market with homes

>>22707039
They have enough equity to loan themselves payments for a decade and are old enough to defer property taxes until the sale of their places. Worst case, these pieces of shit just rent their properties out while they wait for inflation to wash away their debts.

>>22707184
>lawn mowing
God I am sick of this shit. Every fucking day.
>MRGHhhHHHH MRHHHHh MRHHHGHhhhhhhhhh MRGHHhhhhhh MRGHHHHhhjhhh
Just fucking stop. You don't even need a fucking lawn. Fuck off.

>>22707605
short uni

>>22709161
The Lawn Moooooover
> wakes you up at 8 AM
> MRGHHhhhhhh MRGHHHHhhjhhh
> sprews fire ants everywhere

>>22707081
The photo shop in that photo is so bad lol!!! Look how giant her feet are!!!

>>22707039
So boomers ruined everything for like the tenth time. Kek.

>letting your parents/grandparents ruin your life because they can't stop being greedy fucks that hate you for being young

>>22707039

>A great depression is coming

I'm dreaming about this day since I was born, imagine all the great tech stocks opportunities sold by beefy discounts, I hope we'll collapse to pre 2010 prices. Oh boy!

I am going to short the housing market

I'm curious how it'll all turn out since I can't see mass evictions happening in this day and age. I can't help but imagine that it'll all just continue to be artificially propped up or sustained by some means indefinitely. This post history market is a circus in a fever dream.

>>22710131
Mate, tech is literally the only thing that won't go down.

>>22707039
You’re correct with all this except for one thing.
> boomers don’t pay
> banks foreclose
> banks own
> (((banks))) don’t want to sell at a loss to stupid zoomers
> (((banks))) keep foreclosed property on books
> (((banks))) borrow more easy money from fed backed with rock solid collateral like real estate.
> real estate never goes down
> 50year mortgage is the new norm goy
> 100year mortgage isn’t a big deal everybody is doing it now.
I wish I was wrong bros but this is what will happen.

>>22707039
it will only be great if Polytrade is moving things along

too bad there's already a great depression inside my head
haha

>>22707553
precious metals

>>22707184
HIEL

>>22707184
mow your lawn

>OP
>unarchived link to blog
>full of hate and envy
>/pol/ shareblue picture
>ITS HAPPENING
mods, don't have this place become /pol/ 2.0

>>22710306
or they sell it all off to foreign investors or establish rental-only real estate markets

lets add
thread full of demotivation shills

>>22707039
why live bros?

>>22707335
Young people have their health, they can take a little extra hardship. I need to live a stress-free life and live a long time.

>>22711198
Boomers were the weak men who created bad times. We can be the strong men that create good times.

>>22707375
>Life would be easy being born a girl that looks like that. She doesn't care if there's a recession or a bubble. Never gotta work a day in her life.
You're fucking retarded.
Sure, some smart ones are going to be set for life, but most will blow the opportunity and wake up one day and realize they missed the boat.
Women like this have a small window to capitalize on their looks.
15 years isn't a long time, Anon.

>>22707691
I’m no nostradamus, but couldn’t the following happen:
> people fleeing cities drive up prices even more in boomer burbs
> airbnb sharks buy up the city properties cheap, turning cities into pure tourism extravaganzas.

>>22707291
Lol based scum bag parasite boomer

>>22710477
and 2 to 5% to bitcoin so you make some gains too

>>22707039
GOYIM IS PLURAL REEEEEEEEEEEEEEEEE

>>22707291
I don't like you.

>>22707039
Make these calls around mid-next year. If you pound this drum before what's about to happen, you'll just end up being the boy who cried wolf.

Question to the elite of world finance: do you think hyperinflation will come and when ?

>>22707039
It’s the same here in England but the banks are making sure that the boomers are safe. The burst will never happen

My boomer parents have gone full schizo during this shit. It's as though the fake pandemic is a psyop designed to destroy their minds.

Very sad, and has made me lose all respect for them. Perhaps this was also the purpose of the psyop.

>>22707553
Gold, Silver, and XRP are safe

doesn't this just mean we can buy free houses with our cryptos in a few months?

>>22713051
yes

>>22713073
Wouldn't this make it the singularity that we've been waiting for all along?

>>22710979
this, most of the real estate will be owned by China in the future. Have fun paying your yellow overlord frens.

>>22707039
TLDR BUT SOUNDS LIKE SHIT IS CRASHING?

HOW DO WE BENEFIT FROM THIS? WHAT COIN?

>>22711683
>tourism

>>22707039
I know these are stupid questions, I'll give my best guesses to them:
>1. Why can't loan moratorium last indefinitely? Who gives a shit if the banks go bankrupt?
I guess homeowners and renters would go broke and couldn't eat, and the banks would go out of business. Home owners will sell stock to eat in this extreme scenario.
>2. Since the above likely won't happen, what move is made by financial institutions or the fed on the way down to futily attempt to prevent it?
Threaten foreclosure, all home owners sell to avoid being hobos.
>3. How are low house prices a bad thing?
Homeowners lose value, but they keep their homes... I'm pretty unsure on this one.

Thanks in advance to any spoon feeders.