/biz/ - Business & Finance

>>29582068
Its an impenetrable bubble. As long as immigration remains unchecked and citizens of foreign countries like China can buy up property, demand will never fall only rise.

>>29582068
>average people already couldnt afford houses
>Fed prints 6 trillion so their savings are even more worthless than before
>Banks get that printed cash at 0.000000001% interest
>Banks loan out at 0.0001% interest mortgages
>Wealthy see this and start hedging against inflation buy buying property
>property values skyrocket
>either uninhabited or rented
>renters havent had income in a year
>renters savings are hyperinflated to worthlessness
>rent increases to match insane property valuations
>nobody can afford to spend money on anything bc rent is too damn high
>average person will never have equity in anything
How is any of this sustainable?

>>29582272
It's literally not. Don't forget
>Eternally increasing population
And
>Eternally increasing regulations on building new housing

>>29582272
It’s not, but the inflation is a temporary counter against inevitable deflation that will bring about their greatest fear, a strong dollar. Bubble is ready to pop, the only asset class that will outperform heading into the next depression will be AAA prime 30 year treasury securities. Millennials and zoomers will have a very small window where their dollar will strengthen while property values collapse like its 2009, and they’ll have to capitalize before foreign investors buy everything up. Make no mistake, the day of reckoning is coming.

>>29582413
Regulation is bad, but it seems like you're implying the supply of houses can't keep up with demand. There's already plenty of houses.

the rise in everything you're seeing is due to the collapsing value of the dollar

>value of dollar goes down

>house prices in USD go up
>goods/services prices in USD go up
>stock prices in USD go up
>crypto prices in USD go up
>everything costs too much
>print more dollars
>take on more debt
>value of dollar goes down

and all the way down it goes

>>29582272
Because these people didn't have savings to begin with. Cutting 0 in half is still zero. It's not like it's any worse.

>>29582650
>inflation is temporary
>inevitable deflation
What. They're constantly increasing the money supply. How could this possibly lead to deflation?

>>29582068
lol at the unaware californians bringing their shitty housing policies with them

>>29582272
You will own nothing, and love it.

>>29582841
>How could this possibly lead to deflation?
It won't. That other guy is LARPing about his wet dream fantasy, where he imagines that his money is actually valuable.

>>29582272
It's basically gonna become neofeudalism, get into the nobility while you can

>>29582068
>Califag refugees are simultaneously ruining MT, ID, UT, AZ

>>29582900
Good post

>>29582272
it isnt but the rich will get saved by the gov while you get fucked because you are nothing but cattle in their eyes.if you dare to rise up then they will find new ways to harm you.

>>29582695
There are enough houses but there are not enough houses that are both for sale and affordable by normies. That's the entire crux of the housing crisis.

In America at least, I don't think the boomers mass dying is going to have a single effect on the housing market outside of some local areas that the Chinese don't want to buy in.

>>29582068
fuck people are already escaping to montana before I could gather enough money to move myself fuck fuck fuck

>>29582841
>fed stops printing
>bubble pops
>people scared to spend money
>deflation

Curious to discuss NEXT Chain. The new blockchain where assets and smart contracts can be built on the bitcoin core technology. Due to these extensions they are able to perform many transactions at very low costs. With this they increase scalability and they are able to fully support DeFi. No more high dynamic gas fees or slow transactions!

>try to short sell it
>it rises
>"okay, fuck it, let's just buy and hold"
>it rops
Fucking crypto, I believe in God.

I got only one lesson, wanna trade with profit - try bots. Waiting for Bot Ocean release to use best instruments

>>29583238
UT resident here, I was looking at $400k houses in February in salt lake and now they’re going for $480k minimum and now I’m priced out. Hoping to get good enough gains this year for a better down payment when this shit crashes

anybody with experience in overseas real-estate ? particularly east asia/southeast asia?

better buy than burgerland?

>>29582272
this has consitently happpend every time a country econmey has been turned finacilized instead of actually making shit. This goes back to jews loosening regulations then paying off politicians to out source everything to a third world country(which is china)
there will be a war with china so get ready zoomers

>>29584224
kek gooks aer trying to get thier money out. Only thing safe is stable coins.

>>29582273
its just rich fucking boomers combined with historically low interest rates for the longest period of time ever recorded

>>29584224
International taxes will ream you if you don’t have citizenship in the country by the time you want to sell

>>29584377
checked dont blame the players in a game. You blame the ones who make the rules. I dont blame them for doing what they are doing i would too

>>29584224
Do you honestly think China can remain as a unified country for another 50 years?

Japan maybe.

>>29582068
>housing inflation?
>i'm afraid i don't know what you're talking about, goy.

property is a boomer pyramid scheme

>>29584419
fuck. good tip. i'll have to look that up. will also need to look up how prenups work abroad. not trying to gain citizenship to then get fucked over by a future wife. though i have hopes for non-western women abroad

>>29584534
absolutely zero interest in going to china. japan, south korea, singapore me rikey

So how long until bubble pops? I need an affordable house

>>29583931
Kys

>>29582650
>the inflation is a temporary counter against inevitable deflation that will bring about their greatest fear, a strong dollar.

>>29582413
>Eternally increasing population
this is the most smoothbrained take of them all. housing inflation is happening EVERYTHING. big cities, suburbs, rural areas. EVERYWHERE. it's happening in my hick town of 3000 people in northeastern pennsylvania. a town which has experienced population decline over the past 2-3 decades, job losses, and wage stagnation over that same period of time.

what you're seeing is asset inflation, a weakening dollar, relaxed lending standards, and nigger cattle willing to spend 60% of their net wages on housing due to financial illiteracy, FOMO, and marketing. add to this a subconscious movement toward the european model of home ownership where 80% of the population is perpetually priced out (eternal rentcucks) and only the top 20% of wage earnings can ever hope to afford housing.

>>29584840
Is 10 BTC affordable enough? That'd only be like 50,000 Fedbucks a couple years ago.

>>29583747
indeed.in many cases their children will barely inherit anything while the house goes to a bank.fuck the housing cartels and their goons.

>>29582068
Everything is a bubble currently. The crash will be like nothing ever experienced, it will be historic and millions will starve and be slaughtered. Stack food and ammo and water purification.

Hmm.. Ohiochads.. we're finally a destination state

Also lmao at Idaho getting utterly Californified

>>29582068
10% per year is not a bubble for real estate. it's been sustaining at 10% average for... probably as long as real estate exists. It's just a shit job taking care of real estate and the barriers of entry can be high.

..Tesla didn't go up 10% in one year.

>>29585110
>>29583238
can I read about this particular phenomenon somewhere?

>>29582272
>50% americans dont even have 400$ in bank
>that 400$ has now purchasing power of 300$
Inflation unironically hurts richfags more, if you are poor already you have no savings to lose

>>29582695
>There's already plenty of houses.
is that why people are beeing stacked on the big cities and need to take an elevator to their 50m2 living pods?

>>29585204
>Inflation unironically hurts richfags more

LOL no.

Poor people have the bulk of their net worth in US dollars, inflation is a tax on everyone stupid enough to hold US dollars instead of hard assets like real estate or stocks (ownership in a company).

>>29583238
I live in California, Nevada and Arkansas are next btw

>>29584999
just to give this some hard numbers. my brother in law bought a shithole house in west burlington, pennsylvania for $80k about 4 years ago. they have put $0 into it, the roof is fucked, the siding is fucked, the windows need replacing, etc. they got an offer for $180k last week. this is in an area where people with "real" jobs at factories make $15-20/hour and everyone else makes $9-10/hour at walmart or dollar general.

>>29582068
BECAUSE IT IS HELLOOO

>>29585373
Only time you want cash is when a market crash occurs.

https://www.youtube.com/watch?v=PUB3pFA_RBA

>>29582068
Looking at DRV myself anon for this exact reason. It's taken a pretty horrendous beating and seems like a cheap hedge against the housing market - but it's a bit too diversified for my tastes (it has special and commercial property in it too and commercial property isn't actually all that overvalued right now)

>>29582068
>interest rates go down
>property prices go up

its not that complicated

>>29585192

There are minor pieces on it, but no neolib journo is going to criticize their political holy grail state. Cali is trading middle class wagies for pajeet/asian coders and Mexican illegals.

>>29585373
Yes but my point is poor people dont have much savings to inflate anyway

Lmao at the white flight from Commiefornia driving up the prices in the neighboring states

>>29582272
FUCKING CAPITALISM

>>29582650
>deflation
What your referring to isn't actual deflation. It's deleveraging. Banks are afraid that if one bubble pops, it will cause a domino effect that will bankrupt all sectors of the economy.

>>29583238
They killed Oregon years ago

>>29582068
>owning a house
>wealthy

Why do Jews do this

>>29582272
>>renters savings are hyperinflated to worthlessness
>renters having savings
>in the U.S. of A.
BAHAHAHAHAHAHAHAHAHAHAHAHA

USA! USA! USA! Just be glad if you don't live in the worst globalhomo areas like me
>be in peak globalhomo Northern VA trying to hunt for a house
>"starter homes" cost $800K on a good year; now close to $1mil because hoaxvirus
>all prices increased another 20%+ in just the past 4 months
>new development kikes raising prices literally ~$5K every two weeks just because they can for the past 4 months
>have to fight 20+ chinks and indians on literally any property; and they all come in with fucking 20, 30, 50-fucking-K over-ask offers
>every property, no matter how shit, is sold within 1-2 days of listing
>literally 90%+ (I confirmed via county data) sales in the past 12 months are to foreign money chinks and indians; most are sight-unseen over the phone tier purchases
At least this stimulus money printing shit literally just cause rates and point charges to rise, so maybe that will price out the 1 or 2 other white couples trying to buy the houses here... It seems all the Ramalah Namarejusharala and Qing Li Zong tier people buying all the houses apparently have infinite funding though

>>29586847
Be patient. You may have to wait another year before this insanity is over but with rates going up I doubt it

>>29586178
Portland and eugene is NOT made up of californians. Blame your hipster tranny problem on someone else. Oregon is republican but is scaring all the republicans away, leaving boone willing to defend that gay af state(too many fags in your cities and schools writing policies for your children to be indoctrined by.)

>>29586847
they're trying to escape their shitty countries with their wealth before it collapses, chances are they won't be allowed into the USA and we will just confiscate the properties

>>29587536

Someone has to do some investigation into how Oregon went from a pretty normal state to home of the most radical socialist militants in the country over a period of like 15-20 years

>>29586847
Why aren't you writing down a list of names of these chinese subverters buying all your homes?

>>29582068
FED is buying up everything
fuck this scam

>Idaho +21%

I'm priced out of my make it zone by liberal faggot Califags that will probably make the state unlivable anyways, aren't I bros? Where should my backup state be?

>>29587357
I'm very bearish on that, personally. I just don't see the xiao bideng administration ever actually letting the foreclosure moratorium expire, cause it'd make them look insanely bad. I also don't see a "re-opening" for another 16 months minimum (or ever, depending how blackpilled I'm feeling). So panic-buying and rich foreigners getting everything will just continue. What I do see if endless money printing, and rising rates to go with hyperinflation.

Unfortunately this market and all its buyers proves to me that the cost just doesn't matter to all these chinks and indians, since they're able to come in with 20K+ earnest offers out of the gate. I just feel like at this time in 2022 or 2023 these same sorts of houses will be $1.3mil instead of 900K or 1mil AND the interest rates will be 4.5%+

>>29588215
it's all plain for everyone to see in county property data. Also for some reason it's almost all indians and arabs lately; a lot less chinks than I'd expect

>>29582068
Well looks like im getting priced out of the state i want to move to

>>29582272
Feels like 2007-2008. At least this time I'll have crypto to save me.

is Louisiana officially the swampy asshole of America?

federal reserve owns the debt to 1/3 of all mortgages in the USA. just a heads-up.

>>29582695

if you're in the real estate market you'd know that supply is at an all time low

>>29589184
And, a shit ton of corporate debt as well, not just mortgages. I bet all the unprofitable venture cap silicon valley boondoggles out there are now owned in part by the fed.

>>29584667
The 2008 complete collapse of the housing market which spread through every sector of the US economy and then the world barely caused a dip. Just a few years of slowed "growth"

>>29587536
Californians absolutely moved en masse and drove up housing and brought their faggy policies. Oregon had a large white supremacist population, but Commiefornians drove whites to the coast or the east. Now the only people in cities are methheads, potheads, spics, hipster trannies, and boomers who are loving how their house has x10000. High income taxes don't work, everybody moves to Washington and visits Oregon to buy weed or to see their hometown be overrun with spics and hobos

>>29589395
Yep, anyone waiting for the bubble to pop just gets to then buy the same shit they were looking a couple of years ago at perhaps 10% higher instead of 20% AND at double the rate, APR, and points on the loan.

>>29584999
>>29585444
Checked.

>>29583238
And Georgia

>>29583238
The Dakotas will be next. Buy now or be priced out.

>>29582068
Everything is a bubble when money is cheap, the bull doesn't stop as long as rates are low and the fed's printer is still working.

>>29583238
TX is next. I see more of those carpetbagging swine every day.

>>29583891
Right there with you anon. We have to settle for the dakotas or wyoming and at least wyoming is becoming pro-crypto