/biz/ - Business & Finance

idk

>>49485621
Based. Fpbp

Inflation only going higher
Interest rates only goong higher.
The burger sucker cuckef american retard peseant cattle sheep moron will be squezzed until popped and do nothing
Who will be able yo buy a house?
Btw price you see on zillow is complete flubbed numbers anyways by zilloe algos that buy houses and punp zetimate

>>49485539
Wait for the crash in the next 2 years

>>49485539
buy land

>>49485774

but building materials are still expensive

>>49485539
>should i wait for a crash
https://www.youtube.com/watch?v=g1g0zJRncIk

>>49485766
there will be no crash. this isn't 2007/2008. radically different situation now

>>49486290
Yes, but 1B people will die in the next few years due to famine. The crash will come. It’s double digit inflation across the board. It’s inevitable

>>49485539
Looking like a fort reset, best bet would prob be to wait a year and try again. Also fuck the Chinese

just buy

you are presumably going to live there for 5+ years right?
in 5 years from now prices will have recovered even if there is a crash tomorrow

>>49486346
>Yes, but 1B people will die in the next few years due to famine
i don't believe it will be anywhere near this bad. hyperinflationary collapses dont always lead to dark ages zombie apocalypses like the fear-mongering media (who has prepper gear manufacturers for advertisers) would have you believe

>>49485539
Here's my expert opinion.
We've obviously been experiencing high inflation for a while now, and will most likely experience it, but we're at the point where the only people that were able to buy the houses were people who previously owned assets and sold them. Salaries haven't inflated yet.
I think we're going to see a pull back in the market since no one can afford them anymore, and the. They'll start pumping with salaries.

>>49486484
So I don't think the "crash" will be as big as you're hoping, and I think it'll also have a fast recovery

>>49486439
Mostly Arab countries, Pakistan and India. Check their dependency on Ukrainian/Russian wheat. It ranges from 60% to 100%. They’re fucked

>>49486593
Oh. Thank god. Fuck those street shitters.

>>49485539
We all know its gonna crash , but we dont know just how long we have to wait. Probably some time next year

>>49486346
>muh famine
Are you retarded? That's like literally the only case normalfags rub their two braincells together and go against the government. At most it will be a scare, nothing more.

>>49487416
You’re not thinking global

>>49488343
>inb4 it will be mostly Africans
Nobody really cares.

>>49485539
Wait for the crash nigger.

>>49488343
We don’t all live in third world shitholes like you, niggerini cattle. Good luck tho.

>>49486290
>he doesn't think a recession will cause massive foreclosures
LMFAO fucking RETARD

Houses are more overpriced than ever. Literally buying the top.

>>49485539
wait out the summer at least

People are debtmaxxed. Shit will not end well.

housing crash 2023-2024, prices bottom out 2025-2026

>>49487416
>normalfags rub their two braincells together and go against the government.
this will never happen. a nation of McDonald's-eating soccer moms who cheer for trannies in their kids' schools and give money to Ukraine and who are still wearing masks will never revolt against their government. even if they are literally starving to death out in the cold, with dead bodies and destruction all around them, will never, ever, ever make any offensive move against their government. the brainwashing is far too ingrained.

>>49488513
cope. markets dont go up in uninterrupted straight lines

>>49488718
I think we're on the precipe of a massive nuke followed by even more massive money printing. Money printing is the only reason they are this high and they are trying to wind it back, and when they succeed in that it will be a calamity

>>49488471
Cope. My country is a net exporter. But famine there means a new wave of immigrants. Biiiig wave

>>49485539
WAIT WAIT WAIT.......wtf are we talking about

>>49486290

/retard

>>49488583
It's literally crashing right now. Listings which would have gotten bidding wars 6 months ago now sit there for 20 days and sell for -5%. And the rental market is starting to have an inventory surplus. The musical chairs game is over and now everyone with significant holdings is trying to profit take before they're left bagholding. We'll probably see -10% before the end of the year and -15% next spring before it turns back around and starts back on the uptrend. If the fed actually raises rates again then it'll be a larger, faster drop though.

>>49486509
nevertheless there is going to be a correction in the market. Many such cases of people buying gas guzzling monster vehicles with $300/month payment & now an added taxes of ~$100+/bi-weekly in gas alone and another $150/month for insurance + inflation on food etc. everyday Americans are going to have to readjust their lifestyle this means eating out less buying less crap etc. if they want to maintain their home and vehicle, they might even have to downsize from their Ford F-550 to a Prius

>>49488571
>that fucking asymptote in 2010

>>49485766
>2 years

LMAO try 82 years

the most realistic outcome is that we see a mini-crash in the next few month as everyone tries to frontrun the "crash". After that, you're probably going to see a very slow market where people wait things out until the picture becomes clearer, housing will flatline and maybe drop in real terms as inflation continues and wages rise.

It fits into all governments larger goal of reducing growth to keep inflation under control and they are trying to thread the needle with rates by threatening increases, hoping that people will self adjust their spending and demand and let inflation settle into a more sane number.

Real crashes come from black swan events that completely sideswipe everyone, in retrospect warning signs are always obvious, but when it crashes, it crashes hard because people panic because they couldn't see something coming. Now every retard and their dog is talking about "the crash that is coming" and recession, job cuts, etc. but it's now been priced in and so we won't get that.

>>49488914
>everyone with significant holdings is trying to profit take before they're left bagholding

We don't even have 1 months of inventory on the market. Offerpad was willing to pay me my Zillow Estimate which is inflated. The last 3 homes I bid on went for 15% over asking.

>>49491984
meh i think so, but the normies arent talking about the great reset, owning nothing and being happy

blak swan event needs to happen for that, my guess is thats what makes chainlink GO TO THE MOON

ARE YOU INVESTING?
OR DO YOU WANT TO LIVE IN IT FOR 20+ YEARS?
ARE YOU DEBTMAXING WITH LOW INTREST RATES?
OR DO YOU HAVE A DECENT AMOUNT OF CAPITAL?

>live at home
>pay my dad only $200 a month for "board"
>make $48k a year
>no expenses except car insurance, groceries, and my phone
>get to watch wagies scramble over rising rent and housing costs

>>49488914
I'll be pissed if it's only a 15% drop. On a monthly basis that doesn't even cover the higher interest rate vs 20 or 21. Would need to drop 50% to get back to 2019 prices.

>>49492223
Ungodly based

>>49485926
Buy land, live in a tent or car

>>49485539
looks like there are going to be forced sellers, which means price drops
> oh but blackrock will buy them all
bedtime
> pent up millenial demand
bedtime

>>49492125
> thinks anecdotes are going to cut it
shut the fuck up

>>49486141
/thread

>>49492223
And you don't have a place you can bring a woman home to, much less raise kids in.

>>49485539
Definitely buy a wait

>>49485539
How much are you wasting in paying someone else's mortgage while you wait?

>retards who could barely pay for their 1% mortgage are expected to pay 3,5 to 10% depending on country, with no increase in wages
>companies starting to fire many of those retards
Yeah, no chance of houses going lower, it's only going to get higher, because... IT JUST WILL, OKAY?!

>>49486141
why the fuck are they wearing headsets like that?

>>49493558
Honey... The zestimate...

>>49485539
no, buy the shit when you have a hoe to support

>>49492926
my old farts are literally happy that my uncle and his wife are still living with them, based or manchild?
>they already have a baby

>>49491984
The dogs are only a sacrifice for the qom eagle, that's why the retards end up alone.

>>49486439
it won't be anywhere near as bad as the extreme forecasts but you're insane if you think it won't be as bad as the last bust