/biz/ - Business & Finance

>living anywhere in DFW area north of 380

I bet that neigborhood will be 70% pajeet just like Frisco and Prosper are in about 15 years. Every town north of Dallas is filled with a different ethnicity like layers on a shitty cake.

>>49465390
Because I sold my other two houses at the top, so I needed a new house to live in. I’m still living in a 650K house with a mortgage of 220K. It can crash -50% for all I care, it just means less property tax for me.

Currently I’m really suffering from my successful investment in real estate back in 2014. You should show some compassion.

>>49465390
Unless you're in Florida lol get fucked me :o

>benis

>>49465572
Those same investments would have done 100x better in crypto

>>49465390
Wow, only half a million dollars, what a steal!

>>49465528
That's why the smart anon's live in Rockwall County.

https://www.audacy.com/krld/news/state/rockwall-county-named-the-richest-county-in-texas

People are delusional to believe a house of cardboard and plaster is worth $500k. I see houses half this size being sold for $600k in the PNW. I just won't buy it

>>49465604
Back then I was a university graduate, who wasn’t able to get a 300K loan for a highly volatile asset. I was able to get a 300K mortgage for real estate with zero down payment (lived paycheck to paycheck back then).

>>49465528
The state is like 40% white, what else would you expect?

>>49465390
kek all these people saying "I bought my house for $400k now it's worth $1,000,000".

Yeah and I'm gonna buy it from you next year for $350k you stupid fucks

>>49465741
Yes and your 3% down payment daddy gave you would’ve netted you more in crypto regardless

bought the top. 25% over asking in cash.
got 25 acres, modern home, tractor, ATV, pond, solar, and will spend the rest of my life being as self-reliant as i like and cozy in my sanctuary with my wife and dogs.
i don't give a shit if my property value goes to $100. never selling.

>>49465741
>the financial institutions will help me fuck myself for life, but not improve my life
you don't say
good job btw keep following your emotions

>>49465390
I regret buying last year. I paid far too much. With the inflation price increases I'm barely able to save a dollar and it's pretty stressful to imagine it getting worse. If it keeps going like this or if I lose my job I will be underwater pretty quickly. I hope everything gets better soon.

tippy top buyers I don't feel so good.

>>49465751
> Expecting a 60% price drop in a year
You have to stop drinking the cope juice anon.

>>49465680

Rockwall is better. Decent balance of location and price, even with everything doubling since 2020, it's not completely unreasonable to live to there. Population is growing super fast though, and there's bad highways. Might become absolute traffic hell in ten years since everything out east is all residential.

I just want to see sub-300k houses again that aren't 1200sqft shoe boxes in a drivable distance from Dallas. Fuck commuting for an hour or more every day. Time is better than money.

>homes going up faster than link holders
>home literally outpacing inflation, wages, gold and all asset prices on earth
>home goes up harder than anything post global pandemic in a proxy war during a supply chain crisis

>>49465828
PLS CRASH I NEED A HOUSE

>>49465765
Not a burger, I’m from the Netherlands. I need zero euros to get a mortgage as long as the home I am buying is new. If it had an owner I would have needed some of my own money. Crazy, huh?

>>49465881

this. lol lmao.

>>49465390
Depending on when you bought in 2021/early 2022 when rates were still rock bottom, you have so much free money that you can stand a 20% drop… if you sold the top, congrats. I have $1M in equity in house I purchased on 2014. I could have sold and purchased a few businesses to increase my income but I’d be doubling my cost of living renting a similar home now…rates are never going to be that low any time soon.

>>49465390
It's worth $120,000 at most.

>>49465881
>>49465891
Don’t worry. Houses in Japan are deflationary because of the populating decline. The same population decline we’ll have soon

>>49465390
They removed 6 acres from the listing and dropped the price. The homes in this area are still increasing in value. I live east of that town. Demand hasn't slowed much, still new retards introducing themselves on the community facebook every day.

>>49465927
I will singlehandedly reverse the population decline with my dick

>>49465929
Still 150K below Redfin estimate. And still couldn’t sell for 50K below its last sale in December. The crash is real

>>49465927
Japan has a population decline because it takes in little to no immigrants, the jewish government of the US has ballooned the population of this country by hundreds of millions in a few decades by importing the entire third world here and they won't ever stop.

>>49465828
I might by tired, but what the hell are the units for 'Month's Supply'?

>>49465927

White population decline. Not shitskin population decline. Pajeet owns two houses in Prosper, one in Frisco and works at a big tech job in Plano along with Muhammad and Chang. Meanwhile in Dallas, Juanita has seven kids and gets so much in benefits that she's moving to Richardson where Muhammad's house is.

>>49465846

>>49465977
>The months' supply is the ratio of new houses for sale to new houses sold. This statistic provides an indication of the size of the new for-sale inventory in relation to the number of new houses currently being sold. The months' supply indicates how long the current new for-sale inventory would last given the current sales rate if no additional new houses were built.

When line go up houses no sell

>>49465975

This. Housing market can't crash. It will go forever up.

>>49465884
just means the bubble is even bigger there kek

>>49465975
lol, you poor sod just do something as simple as looking up population growth and comparing it to house prices

no, contrary to your belief population has not doubled in the US in 3 years

>>49465817
Stay strong and vote blue, brother. We just need to build back better.

>>49465528
>Every town north of Dallas is filled with a different ethnicity like layers on a shitty cake
plano is alright if you wana slam chinese and viet poon with daddy problems

>>49466120
This, the world is actually starting to undergo population collapse. You think there's all those job openings because no one wants to work? No, the economy outpaced the actual amount of people in it

>>49465828
It's not making any appreciable difference in my shithole state
FUCK YANKS

>>49465583
seriously i want andrew pt 2 to flush out all the yankee scum

>>49465870
>pic
Let me guess, Mark Spain or Opendoor?

>>49465970
I don't think you realize what 6 acres in that area goes for, lmao. They can subdivide that into 6 lots and sell it for $150k each.

>>49465583
but Florida is where I want to live

>>49466120
>population growth and comparing it to house prices

>total population stagnating
>mexican population increasing
>white population decreasing
>black population decreasing

so what we got happening is the people most likely to work in construction are having all the kids while there's a decline in the ethnicity most likely to own homes, and the ethnicity most likely to rent apartments.

so basically house supply is going to skyrocket? goodluck recent homebuyers

>>49466238

Accurate. Here, I put together a map for everyone. It's not comprehensive, but should give a general idea.

>>49466300
I’m very aware actually. I own 100 acres 20 mins east. That house is going for under what it could sell for 6 months ago by atleast 10%

>>49466332
>so basically house supply is going to skyrocket? goodluck recent homebuyers
we tried to warn them

could it really be crashing?

>>49466349
very accurate. Literal stretches of tijuana full of non-citizens from bumfuck south america countries squatting on american soil. Entire neighborhoods turning into car shops and taquerias. Normal stores and restaurants going out of business. Dudes constantly knocking on my door handing me some business cards for their tree clipping business. Retail jobs requiring bilingual employees. Half the school budgets going to teaching the little ninos english because their parents don't speak it. It's actually pretty fucking funny except all the women look like pic related

>>49466469
i hope so, i moved home with my parents for the summer at 33 years old because im not paying these retard lease rates, just stacking as much cash as possible waiting for things to cool

>>49465528
every suburb across america is rapidly filling with pajeets and mexicans. pajeets and pakis are scooping up all the local businesses where i grew up in CT, no idea where they came from

>>49465528
I don't actually see the problem here. I'd pretty happily live in one of the Korean suburbs, very chill

>>49465390
here is the reason for the sudden pruce action. suprised biz hasnt been talking about this.

https://www.nysar.com/new-appraisal-required-by-fannie-mae-effective-april-1-2022/

>>49465630
as Europoor I am just amazed again and again by your shitty cardhouse boxes that you call "houses"

>>49466469
I'm really looking forward to smugly presenting Austin to every San Fran defender who claims building more housing doesn't lower prices

This is all very weird cope. My wife works RE in Tampa. She has showings 6 days a week and that's because she burned out from doing them 7 days a week. Still a white hot market

it is not going to crash, the jews have proxy investment firms buying these houses with no intention to sell or make a profit. They just simply want you to be a permanent rentoid
This seems unfathomable to some people because the system has infinite capital and you do not

>>49466661
You live 3 generations in a 300 Sq ft commie block don't worry about us lol

>>49465390
if the housing market tanked, would interest rates go up?

>>49465751
why would they be a seller?
they borrowed $400k, and they're paying 3% for 30 years.
regardless of what happens to get to $1m, if the value fell to $350k from $1m then rates would be four or five times what they were at that top, no matter how inefficient it had gotten. that means even if rates had fallen to say 2.5% which is next to impossible even with that kind of inflation, at $350k they would have gone back to like 8%.
you're going to borrow money for 30 years and pay 8% on it, fine you're an idiot -- but why are they sellers? they have to go replace the house. they then need to go buy another one. what about that don't you understand? this is all numbers on paper to you because you don't own a house. that's what i think.
the 2008 crisis, which i guess you didn't live through unless maybe you were 5 years old, already proved homeowners can just stop paying for 3-4 years and nothing happens. no one does anything about it. you're not buying shit.

>>49466688
Ok, but when the market does crash you'll claim that actually the jews did it on purpose to keep people poor. Why not accept the much more exciting possibility that nobody is really in control, it's all just chaos

>>49466088
> Assuming we live in the same paper maché houses as burgers
Kek, no. The US bubble is definitely bigger. Prefab reinforced concrete homes are in fact more expensive than your dry wall shithole homes. The only merit your homes have is being bigger, but they can’t even survive a small tornado.

>>49466469
> austin - city of faggots from california, most overpriced market in all of texas
> baltimore - 29.7% white
> birmingham - 26% white
Not sure why people don't like Bend... don't know much about Oregon. Must be liberal white people, that's probably why nobody wants to live there.

>>49466508

And the houses still cost top dollar and are unattainable for anyone who has to pay for other shit besides rent and food, such as taxes. If the neigborhood was middle class and white, now it's spic, like you said. If it was super upper-middle class and white (excluding the Park Cities) now it's pajeet and chang, who have taken all the tech jobs. Every single student at UTD is from either pakistan or china, looking to work at all the tech jobs in the DFW area and they WILL get hired first.

Fuck Collin county in particular. It's over.

>>49466629
Alright, sure. Here ya go. Give me a call when you get settled in.

>>49466761
Do you even have tornadoes?

>i bought the top

Whatever they were trying to raise my rent. Feels good being a homeowner, and in 10 years from now it will surely be higher anyway

>>49466763
lol coom id

Austin was great up until like 2018 when all the california boomers and jews started early retiring there

>>49466827
Based.

>>49466658
there have been a couple of quick threads on it, but yeah pretty silent. 2008 2 electric jewgaloo

>>49466789
In the past few years there have been small tornadoes from time to time.

I'm hoping when they crash it. To buy it you need to be vaccinated and you need to have xrp only.

>>49465390
>$500k in fucking Gunter, Texas

>>49466757
Because they are over leveraged and suddenly the collateral is worth much less than what they borrowed. Next step the bank liquidates them.

DFW has NEVER crashed - check '08 it never crashed.
i moved here in early 2021 post grad and sold all my crypto once condos starting getting popular - typical top signal. timed it perfectly
condos are starting to populate the selling listings, signalling the start of a downturn. and it'll end with SFH
i'm waiting to buy a house in a year or two

>>49466987
>place has never crashed
>I’m waiting for it to crash

>>49466675
>Tampa
nigga not everywhere is fuckin tampa. shit has been fueled by people fleeing covid restrictions which means the future is up in the air and harsh correction with no warning is more likely.
t. st pete (i wish)

>>49466987

People don't understand just how uniquely fucked the DFW real estate market is. I considered buying a condo, but it seems super jewish with their high monthly fees. Rent is even worse. I know rentoids paying 1550 for absolute shitholes and most women live with roommates or with their parents into their late 20s now.

Glad I locked in a good goy 18-month lease before they raised everyone by $250.

>>49466827
This, my house has continued to rise another $10K since I bought it 8 months ago, and I locked in at 3%. I have no regrets about not being a rentcuck anymore.

>>49467141
yeah you have to time it right too
lease rates are typically a lot lower in the winter, so i just signed 12 month leases at the start of each year
signed my current lease for 1k/month and the same apt is over 2k if i were to lease it now kek

Fuck off we’re full

>>49467171
you can't find a SFH in a desirable area for 350k right now
property taxes ALONE will cost you 900/month
makes 0 sense to buy right now unless you absolutely need to

>>49465870
Yes, but then you have to sell it.

>>49466760
>nobody really in control

>>49466277
It hopefully will happen this year. Supposed to be a pretty active season I hear. Hoping for a direct hit by a K5 in the Tampa Bay area lol

>>49467202

Yes. It does make zero sense to buy. I (((rent))) a nice apartment in a good building (mostly a nigger free zone).

>inb4 rentcuck happy to pay money to nosenberg
Rent is 1/5 of my earnings.

Property tax rates are also going to go up more, especially the school taxes, to educate all the browns. Regardless of what your assessment is, expect rates to inch higher, especially for cities to the east of Dallas, or north of Frisco.

>>49465390
My plano crib went from 1m to 1.5m
Super comfy my niggs

>>49465390
>implying the price is all that matters for most buyers
Most of us have to take out a mortgage and when you factor in the higher interest rates it's a wash

>>49466544
Same bro. 30 -_-

>>49465723
It’s easy to say that. But when your options are particle board and shit lumber or having the hassle of building yourself… you’ll have to figure what your time is worth

>>49466469
it's crashing aaaahhhh

>>49466469
>>49467782
Why did I buy the top ffs

>>49467782
>>49467813
anon pls. i can only get so erect.

>>49465390 >>49465528 >>49465572 >>49465583 >>49465604 >>49465630 >>49465680 >>49465723 >>49465741 >>49465745 >>49465751 >>49465765 >>49465789 >>49465801 >>49465817 >>49465828 >>49465846 >>49465867 >>49465870 >>49465881 >>49465884 >>49465891 >>49465915 >>49465922 >>49465927 >>49465929 >>49465935 >>49465970 >>49465975 >>49465977 >>49466002 >>49466038 >>49466048 >>49466087 >>49466088 >>49466120 >>49466211 >>49466238 >>49466255 >>49466269 >>49466277 >>49466297 >>49466300 >>49466316 >>49466332 >>49466349 >>49466357 >>49466434 >>49466469 >>49466508 >>49466544 >>49466589 >>49466629 >>49466658 >>49466661 >>49466667 >>49466675 >>49466688 >>49466721 >>49466735 >>49466757 >>49466760 >>49466761 >>49466763 >>49466781 >>49466789 >>49466827 >>49466844 >>49466854 >>49466862 >>49466870 >>49466872 >>49466879 >>49466983 >>49466987 >>49467025 >>49467086 >>49467141 >>49467142 >>49467171 >>49467193 >>49467202 >>49467251 >>49467359 >>49467409 >>49467420 >>49467502 >>49467513 >>49467616 >>49467717 >>49467782 >>49467813 >>49467862

>>49467862
Also the .5 rate hikes incoming for june and july is something to remember.

>>49467813
now you just have to sell low and you'll be a true /biz/raeli

>>49465390
Home prices are dropping due to interest rates but demand is still very high due to low supply and building materials still being over priced and hard to get due to supply chain issues.

>>49466087
It will slow down with higher rates but not crash. Prices will not be coming down much

>>49467871
US is not Germany

>>49465630
lol this but unironically. Time to go all in!

>>49468247
Refer to this where they shit on your argument.

>>49465828

>>49465390
>If you bought between 2021-2022 why did you buy the top?
What are normalies for 300

>>49465390
Wow, a half million USD for a pile of OSB and tyvex.

Thread about deflation in real estate, mass replier thinks a pic about hyperinflation is relevant.

Is that just a bad bot or an idiot?

>>49465390
My mother has just paid over the odds for a house. My inheritance will be crushed. Crushed I tell you. She didn't listen about the vaccine and she didn't listen about the coming crash.

>>49465723
It’s less how much the house is worth, and more about how much those dollars are worth

>>49468284
It's worse. It's filled with undesirables

>>49466629
you'd be safe during black riots and the bbq is always good. I second korean burbs.

>>49466469
The housing market crashing is good for everyone except the fucking faggots who are sitting on a mountain of properties.

People who only own one house are better served with the housing prices being lower to reduce taxes

>>49468527
This, it only hurt BRRRR inventors.

>>49466761
retard, you are lucky you don't have tornadoes.
this is germany. your houses are not any better than theirs. and that's not even a tornado, just a flood. your shitbox will melt after a moderate rain lol.

>>49466870
>small tornadoes
lol fucking idiot, you don't know what tornadoes are. your houses would be completely obliterated.

>>49465870
I watch so many flipper homes on Zillow. Seeing that price cut always releases some dopamine

>>49465390
I'd rather not live in the vicinity of delusional rednecks and wetbacks who run over dogs for fun

It isn't just the economy or interest rates. Reality is the people that had money and bought a house aren't going to buy a new one. They will stay in it for years!

this episode of south park was your sell signal on real estate

>>49466658
> This is only applicable to Fannie Mae and not other lenders.

Depends where you are. In leafland we have a ton of property sitting vacant as investment holding for foreigners and locals alike who were either hoping it will pump or as a safe store of CPP money overseas. Should these people be unable to service their mortgage or if they are overextended through shady loans I expect a cascade.

In my area it's already started, on a block of 45 or so homes we have 6 sitting for sale and more "coming soon"... that is a lot of homes. The worst part is, they are priced at peak (February) prices and essentially have dropped anywhere from 5-15% since then.

>>49466763
>Not sure why people don't like Bend... don't know much about Oregon. Must be liberal white people, that's probably why nobody wants to live there.
sparsley populated are abosolutley covered in trees that all need to be removed before fall fire season begins

>>49465390
fucking finally, i'm ready to watch some scummy realtors eat shit

>>49468631
nigga, obviously if one hits your house you're gonna have a bad day, but if it's a little F0 or F1 you'd have to be incredibly unlucky for it to level the place. F0-F1 tornadoes are 80% of all tornadoes, and those have winds generally under 100 mph.
my damn apartment building took 140 mph winds on the chin in 2020 and it's built like shit.

>>49468982
>property sitting vacant
I would love to see city put a tax on vacant properties.

>>49468527
The cool boomers hate how much prices have gone up. 1st the actually want to see their children own a home. 2nd they don't want to pay high ass property taxes.

>>49469070
It's really bad once you get out to the west end and the surrounding rural area. It's house after house of overgrown interlock driveways or lawns of weeds. On my street alone there is this young asian man who owns 3 or 4 of the homes in a row and he shows up to walk around the neighborhood once every two weeks and says hi to everyone. When it snows it's never shoveled, no recycling or green bins ever outside, never a parked car. Lights are on timers. He really wants people to think he lives here.

>>49465870
ugh. i've seen way too many houses sell and get reposted the same week without even a coat of paint.
inevitably they get bent, barely breaking even or losing money, but some family could still use it in the meantime. somehow that's even worse than people who idiotically buy turnkey houses and expect to cash flow renting them.

>>49469070
in burgerland we have property tax that's ass rape high in most areas to cover the government leech salaries and underfunded pensions, it's just that everyone gets equally screwed.

>>49467420
They don't need to if they can jack the assessments based on market, which is happening

>>49465915
What kind of "a few businesses" does one nonchalantly purchase

>>49469149
>everyone gets equally screwed.
Can we unequally fuck over vacat homes?

>>49465789
>and will spend the rest of my life
I wouldn't be too confident about that, the way things are going right now I would not be shocked if police will come knocking on your door to seize your property because you have not received your <censored> and are now a threat to public safety[citation needed] or paid your taxes with your registered CBDC account. I'm not joking btw, this is coming if people remain dumb, ignorant and gullible.

https://odysee.com/@Truth_will_set_You_Free:0/There-is-NO-VIRUS---Mega-Thread:7

https://stillinthestorm.substack.com/p/rational-debate-can-be-respectful?s=r

>>49468982
i wonder how many of those house investors read "rich dad poor dad"

>>49465390
>elon musk moves EV cuckbox factory to texass
>homes in texass all look like OP pic rel to outsiders
>need to expand hundreds miles out to fit texass size house boxes everywhere
>we will all get around through exurban "city" using power of battery technology that sucks assballs and we havent even mastered on phones/laptops but we have mastered according to elon ironman reddit superhero musk enough to transport future 1000 pound average texass resident

Is this power of texass and SCIENCE?

>>49465390
>Gunter, TX

>>49469292
wholly underrated

>>49465390
The estimates are pretty shitty. For example, a property in my neighborhood sold for $280k in 2019, when most equivalent properties were selling for around $220k. Today, most equivalent properties sell for around $400k, so when the $280k 2019 property was listed, the Zestimate said $480k, even though it was listed for $410k.

>>49465977
>>49466048
>ratio
So in other words, totally distorted by an unusually low supply.

>>49465390
Everything outside of CA is crashing. I'm so glad I didn't leave.

>>49465789
Ultimately this, if you got your ideal home for you and your family and didn't buy to flip for a quick profit, who cares.

>>49465390
Why not just one wide dormer with expanded space upstairs instead of three uselessly narrow ones?

>>49466211
This but unironically

>>49465970
No you have just been completely BTFO and the credibility of yet another of your trips has been demolished.

>>49465390
Nothing ever happens cunt, fuck off

>>49465583
Florida was the number 3 bubble state this time around with Idaho and Nevada being the top 2. Tampa saw something like a 41% increase in prices in the last year alone. That's Tampa and not Miami. Miami was more like 50-60%. Florida is going to get hit hard as fuck and all of the invaders are going to get rekt.

>>49465390
Still over priced. 500k with no paved driveway?

>>49469710
an unusually low supply would definitely explain late 2020 in that chart (very little selling or building homes during peak Covid scare).

But now a shit pile of homes are coming back on the market. Maybe Blackstone etc. are selling homes because picrelated?

i bought the top but it was only 100k on a condo and it's still cheaper than renting anywhere in my town at 2.1% interest
I doubt home prices are going to absolutely crash. Probably we're looking at a 15-20% correction on average since people's expectations were in a different galaxy, but I don't see a time coming where you can buy homes for pennies on the dollar like afte r2008

>>49470217
sounds like cope from someone who bought the top. good luck.

>>49470346

possibly so. Even if this move turns out to be a loser, it was cheap enough that i could keep a lot of dry powder on hand so if it IS crash time I will have 85k to deploy on a foreclosed mcmansion.

>>49465390
mfw my cousin bought her house and had a kid this year
I told her that it would be a good idea to wait until the crash but her husband should be able to pay for it easily since his job is an important government one
AT least now that the crash is happening our family can start investing in houses again and not an hour drive away

>>49469020
but they assign the category based on the damage not the other way around.

>>49465390
Because of
Record low interest rate chud

>>49466508
>squatting on american soil.
unironically this is the great american story. immigrants move in to where previous waves of immigrants lived. you drive through these old rural towns that were falling apart, literally dying and they're getting lively again from the hispanic immigrants buying the only houses they can afford. the towns will grow again and then their kids will move out, and the cycle begins again.

>>49466983
That's not how it works kid. So long as payments are kept up within reason that bank doesn't give a fuck about changing appraisal value.

>>49469174

You get fucked from both sides. Assessed value up, and rate up. They can increase the rate to cover their debt. The debt is now at higher interest rates, so they'll need to increase it.

You would think the local governments, by some miracle, if they ever do anything would be able to build a bunch more shit, since they're flushed with cash? Nope, instead, they'll use the tax revenues to pay down new bonds at higher interest rates, and do whatever construction projects they've always done. Probably more schools for brown kids, or maybe if you're really lucky, a new basketball court in a city park. The winners are the construction companies who can charge basically whatever because "muh supply chain issues", pay illegals to do the work, and rake in the difference.

The other winners are always the chosen people, especially banks, and anyone willing to actually buy bonds. It's shaping up to be a good time to buy-and-hold bonds (something banks do, but you can too). You'll be able to lock in ridiculous >4% tax free rates at nearly zero risk. Doesn't sound like much but it's ultra safe (due to taxing power) guaranteed until call date. Usually they give you your principal back in 10 years (it's never 30 lol. They always refinance 4% cpn or better). Not sure what the process is for getting your hands on them though. They aren't sexy like crypto or stocks, people hate bonds.

>>49470983
Well it depends. If they got a HELOC loan and their equity tanks because the housing market goes down the banks can call on you to pay back the full amount. At any point if youre over leveraged even if you're making payments on mortgages they can call on your to pay it back. That's how Dave Ramsey got his shit pushed in when he was in his 20s

>>49466721
Damn, reliable warm housing in a family oriented culture surrounded by people of the same race.
What a nightmare.

>>49466002
>this salt
Chad North Indians are the true Aryans
East Asians are 10x more pure than mulluto dog """""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""white""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""" Americans.
Latinos breed like pigs but they are decendents of injuns who lived on this land.

Shitskinned nigs were brought here by pink skinned semen faces who should be dying out. And you ain't gonna do shit about it because you're an incel.

>>49471181
yes just try not to piss off omar and mohammad next door as they come back from their roving rape gang activities with their 9 cousins

>>49470157
Long Term Capital Management will want to sell home assets if they can get an equivalent return at lower risk in Treasuries or higher return at equivalent risk in Corpo Bonds now that the Fed is doing QT. They don't care about the medium of their capital, only the risk/return. Homes may have been the primo investment of 2020-today, but that can change with the macro-environment.

>>49466629
You move to the Asian Neighborhoods, the Asians move to another neighborhood.
Then the spics and nigs would move in and the whites move out and the cycle rinse and repeat

>>49470876
Not necessarily, there are plenty of former towns turned Ghost towns every year.
Assloads of them are former mining settlements and some places have toxic water and soil.
There are places in the USA which still uses septic tanks for Christ sake.
Some are so fargone from any centre of economic activity that you are pretty much dependent on outside revenue.
Each of them are no-go.

Only city suburbs and Intercity would benefit but not every city, some seemed fated to die.

>>49471378

While that makes intuitive sense, I respectfully disagree when it comes to single-family homes. The offer advantages that are greater than just rate, so unless high-grade corporates get SUPER cheap, or houses get SUPER inflated, they're going to continue to own single-family, and keep buying more. They might sell a tiny bit of their assets in the hottest markets, but we're barely getting started with these build-to-rent homes, and asset managers buying up all the housing.

Turning every single-family property into a rental house unlocks two cash streams:
>rent payments
>miscellaneous "fees"

It also comes with these globohomo kike bonuses:
>globohomo smart appliance tracking
>ability to control racial demographics of neighborhoods

You will own nothing and be happy.

>>49465390
The housing market is going to make 2008 look like babyfood

>>49465572
>thinks property taxes ever go down in Texas
ngmi

>>49466544
>>49467616
Me too, I'm 30. It's been great though we've been have almost weekly if not daily discussions on business, finance and economics. I have red pilled my parents on the central banking system and modern monetary policy. They said they would be willing to help me out with a down payment on a few investment properties when this is all said and done. Kek. I love my parents.

>>49465817
look at it this way: Inflation will make rent go up, but your mortgage is locked in. Inflation affects renters more than owners

>>49471657
Aren't houses super inflated? Shit is selling over asking see >>49465789. Seems like a good time for them to unload.

But I get your point build-to-rent homes. They're building some by me now and I'm sure they will be very multicultural.

>>49472006
>Be Blackrock
>Buys entire suburbs house-by-house
>Builds apartment complexs and Condos
>Sells each unit for house price and promotes rental flats over RV parks
>Less wasted space and maxed efficiency

It is a city planner's dream.

Bros, wtf do I do. I’m getting older and having been waiting on the sidelines for years. I’m so sick of living at home and need my own space. Looking at a potential mortgage of $360k. I’m on $130k salary, I’m an Ausfag so we don’t get 30 year fixed mortgages. Wait it out? Will prices in Australia really crash?

>>49472208
Go van living Crocodile Dundee or sleep in your commodore like a mad cunt

>>49472208
no you want to lever up as much as possible to retain your capital and place the savings in things that will appreciate the most

>A house will soon be worth less than a memecoin
what strange times we live in frens

>>49472325
Imagine soon enough when people star exchanging VINUs for houses, bizarre

>>49472325
>>49472334
DAG has truly done wonders for humanity

>>49465390
He wanted over half a million for a 4 bed in literal who middle of nowhere small town north of dallas. Is this seller a literal retard. Maybe if it was in highland park.

>>49472208
I don't know much about the market in Australia, but there's no shame in living at home and being fiscally responsible, fren.

If there's any correlation with the US housing market (probably so), I would guess that prices will fall back over the next year.

>>49471657
>>49472085
Build to rent for 3k a month.

>>49472006

Yes, they are super inflated, especially the ones that aren't near any civilization, but once you get closer to major metro areas, it starts to be "worth it". If you bought a house for 250k you could make a quick buck by flipping it for 500k, but you might miss your chance at being able to rent that shit out or building a family dynasty out of it (if you're human), or renting in in perpetuity to darkies (if you're an asset manager).

Buying a house more than 45-minute drive away from a city is a fucking stupid idea unless you're trying to return to tradition and are getting multiple acres. For people who are less enlightened, we live near jobs and commute.

You'll waste a huge portion of your waking hours in traffic that will only get worse every year as more people pile in. There are 1500-2000sqft houses that rent for 5k+ a month based on location alone. The decrepit house my father grew up in sold for 475k (probably needed 100k worth of work on top if) to a Californian within weeks. It was still a good 25 minutes away from all the office buildings downtown. Think of suburban lots near city centers as manhattan. It will be worth everything in 30 years. People value convenience and time more than anything else.

>>49466508
Anon the situation Tijuana is a lot worse than the USA in terms of housing
We cannot buy homes because the builders only rent in dollars and the sell only to "americans" plus the sudacas
A lot of people native to the area are pretty mad about this
>t,tijuananon

>>49472481
>People value convenience and time more than anything else.

Remote work is a thing, fren.

>>49472324
That is one of the reasons the housing market.

>>49472496
Sort of, but not for healthcare, manufacturing, teaching, or wagie work. Everyone needs healthcare/teachers/wagies. Schools are the largest employers in many places.

If you have your own office with walls and a door to look upon the unwashed masses, you're probably going to want to be there than working remote. Also, when you get to the super high salary in many business/finance/jew jobs, most of your "work" consists of circlejerking with clients, and being close to downtown or the airport is how that happens.

And remember, unless you are in a high-paying/skilled job, if you are working remote, pajeet and work remote too, and he costs less and pads the diversity ESG score.

>>49466763
Bend is a retirement town. It's beautiful but it's just retired upper middle class joomers and overpaid wfh people. There's no actual economy otherwise.

>>49470876
>number go up = only meaning for America!

>>49468982
Close to Renfrew?

>>49465390
Blacks starting to move into that neighbourhood huh?

>>49465390
Because i wanted a house. Maybe I’ll rent it out to you one day.

Houses shouldnt have garages they waste up to 600 sq feet that hardly anyone uses for their cars. Get rid of garages and build more room space.

>>49474064
Retard

>>49474064
long term damage to cars from sunlight and risk of theft makes it not worth it
Its not like the garage is completely full with the car you could park off the side and still have other stuff there.

>>49465828
it's... beautiful

>>49466763
There are not enough jobs in Bend to support a bunch of young professionals moving in and driving up prices

>>49474064
The cityslicker fears the small town garage-basementchad

>>49469520
>rich dad poor dad
The author made money by selling books, fuck that shit. Im not sure how but i remember i someone had a copy and i read the first few chapters and just drop it the fuck off, dude just spewing shit people should have known during highschool. Following his path won't make anyone rich.

>>49465680
>https://www.audacy.com/krld/news/state/rockwall-county-named-the-richest-county-in-texas
>The study looked at each county’s median household income to compile the rankings, and Rockwall County clocked in at $100,920.

Sounds like a bunch of poor people to me

>>49465828
So we're already at supply levels not seen since 2009. KEK why isn't anyone seeing what's coming??

>>49466735
interest rates are already up double 3%->6%...

>>49465528
feels bad man

God I’m so glad I bought my house for 160k in 2019

Kek imagine living in a place where jumbo loans are the norm and retard boomers buy 800k+ houses on a 30-40 year loan at age 40

I WILL pay off my house early
I WILL NEVER SELL
I will NEVER get a jumbo mortgage
I WILL be financially free

>>49465881
prices will come down but if you expect 50% crash you'll be disappointed
everyone is expecting and waiting for a recession and will step in to buy after 5% or 10% discount
this is the most anticipated upcoming recession in history (majority of population expects it)

>>49472208
They’ll slump 15% over 2022-23 before they moon again in 2024.

Wait a couple months then go see a mortgage broker and start looking for your dream house.

>>49469403
I had a dream that the military was forcing people to house migrants in their homes by gun point.

>>49467141
The average 1 bedroom apartment is $1700/m here in Washington State by the naval bases. The same spot I used to rent for $1200/m in 2019 is now $1900/m. Shit’s wild, I refuse to get cucked out of half my paycheck just to have a place to shit and sleep.

hopefully doesnt affect my area for 3 more months. i wanna sell at the top so i can be rich when everything crashes

>>49466757
>Doesn't know what margin calls are

>>49470070
Tampa was the hottest market yoy at 34.8%, Phoenix was next and then Miami. All over 30% yoy

The fed is actively trying to crash assets with QT. The number one concern for the current administration is getting re elected.

>>49477679
All locations that are geographically offensive to human existence without using energy intensive cooling machines. Great place to live in an energy crisis. I just don't get what so many people find attractive about deserts and swamps. You've got shit soil in both and either too much rain or no rain at all. It's not like most of the US isn't sunny all year round. Even the Northeast & Midwest get far more sun than other temperate places on Earth. I just don't get it... Great Lakes will make its comeback.

IT WILL HAPPEN, PREPARE YOUR ANUS
Economical collapse via Inflation/Supply chain disaster - Houses will no longer be affordable INCLUDING everything essential like food and water etc. Banks will not allow access to credit during a collapse. It will become immediately or increasingly impossible to repay mortgages when they skyrocket loan interest rates. Money will become increasingly worthless very quickly, so you will be working for wage that’s worth nothing.
The system will fail.

>>49465390
how to time the bottom of the housing market?

>>49466661
even as a pajeet I can't understand how someone can live in a drywall building and call it a "house"

>>49466469
once buyers see that prices starts falling a they will start waiting to time the bottom. causing the prices to fall further.

>>49465390
Never selling. Mortgage free.
Who cares

>>49472428
why on earth would you rent a house for that much

>>49465390
I'm buying POS cryptos right now like Celo and CNDL and I plan on buying the housing collapse. It's likely that up to 50% of the world's population will die from the vaxz, coming famine, or war. The housing market will collapse at that point as long as there are more homes than people to occupy them. I will use my staking rewards to buy a home outright or pay off the monthly mortgage payments.

This is good timing, I just paid off my current house, now I'm looking for an upgrade. Not going to sell this house though, the carrying costs are only around $500 a month including utilities, I plan on renting it out for 2,000 a month and using that to pay for my nice expensive new house, thank you rentoids for paying for my houses, this is my third.

>>49465583

>paying half a million for these demographics

>>49478006
If you don't have a fixed rate mortgage, you're rarted. No cap, on God.

>>49466469

In Minnesota, shitboxes on a 0.3 acre can no longer break $300k. The nice acreages are still expensive. The population has decreased here since the holocough.

>>49468393
I cannot believe my dumb fuck mom fed me this shit. I probably lost a dozen IQ points from this shit mixed with fluoridated tap water.

>>49479839
Minnesota sucks ass. The people are fucking xenophobic faggots unless you’re from Somalia or Afghanistan or Mexico

>>49475146
Nobody will be buying when the market crashes because they will all get laid off from their jobs dumb ass

KEEP CRASHING MOTHERTRUCKERS

>>49477764

i hope America breaks up before the muds find this out

>>49465390
why the fuck does this toy house cost half a mil, is it on fucking mars?

What the f is wrong with americans on god

>>49465390
>gunter, tx
>population 1500
>MUH HECKIN 150k OFF!
that house was never worth 650k, let alone 500, it will sell for 350 if they're lucky

>me when zoomies are protesting for help with their balloon mortgage payment
don't forget to save up for property tax each year. It's only 7 grand a year where I live

>>49472208
Things are already slowing down in aus as the RBA are jacking the interest rates up constantly. Keep stacking cash and wait a year or two for the market to react to the higher interest environment - the prices will be 20-30% lower MINIMUM.

>>49479959
Yeah it sucks here. Don't ever come here. Worst place on earth, go live in California or New York where its awesome 24/7. Winters are cold. Brrrr.

t. ex-Californian living year round in Cross Lake, MN with a hot as fuck Scandinavian-American wife.

>>49480803
fucking love me a nice clean dock
would sit and maybe fish off of/10

>>49475146
People SAY they are waiting for a crash and will jump in, but many will be scared to make that commitment with the economy fucked, layoffs being discussed, etc.

Like with covid when the market dumped. Everyone could've bought the bottom and been filthy rich right now, but the vast majority didn't. Why? Fear. Same shit would happen

>>49471198
you'll get genocided once the jewish rotting system of murimuttia collapses i hope you're aware of that, every chink and pajeet will lose the properties they "own" in america

Let it burn.

t. Orlando

>>49468605
you absolute mutt moron, an entire american suburb would've disappeared in that flood

>>49474064
The bottom is now.

>>49478505
Because you have no other choice.

>>49481932
Lol. Is this seriously what investors tell themselves? Buy to live in chads will always win.

>>49466763
Californians move to Bend in the summer and then get hit with 7 months of freezing cold weather and a fuckload of snow from December to March. By April they sell their house and fuck back off to the Bay Area.

>>49475146
>he thinks people buy intellectually
>he doesnt know peopel actually buy emotionally

>>49465390
>Bought my home 2 months ago
>Already up 2%
Maybe shit mcmansions in the middle of nowhere Texas are falling. My city is actually growing.

>>49465390
Still growing. OP is a faggot.

>>49468393
Are those ingredients of some pipe cleaner?

>>49467171
yep, i was on a summer lease cycle since 2018, shit got so retarded i decided to just live at my parents house this summer to save and wait for things to cool off, there are no moves to make right now that dont make you feel like a 100% sucker

>>49481932
makes zero sense, if you have the income to spend 3k-4k on rent in a suburb you can easily buy a condo. people spend that much on apartments because they need to be close to work but no one is moving like that in the suburbs

>>49465751
Hahahaha, holy cope!

You gonna end up a rentoid all your life anon.

>>49465929
>Coom ID

>>49466844
>2018
Newfag who never saw an Austin that wasn't Calipozzed. It's been dead for a decade. Where's South Congress? Oops all highrises!

https://www.rightmove.co.uk/properties/116791406

any reason i shouldnt buy something like this?
im guessing these lodge/caravan type things deteriorate quickly

>>49479839
nigger nigger nigger am I welcome in minnesota?