/biz/ - Business & Finance

>>49596883
/biz/ turned about to be wrong. Again.

>>49596883

This. Zoomers, and Millennials. Get fucked!

>experts say
It's going to burst so violently..

>>49596883
PODS 4 SALE!

I mean, its true. Did you really think they were just gonna let you make it? Land availability is near 0 and prices are absurd

At least it wasn't personal

>housing experts say
Prices are already dropping and the correction hasn't even begun yet. I hope those chinkike fuckers lose all their money.

dumb opinion by retards. no one can afford mortgage = demand ends

>>49596883
Ok so this is the top huh

>>49596962
This.

This time is never different. There will always be market cycles.

Ofc it won't pop if the supply is constrained while population is increasing.

>>49596991

No they haven't. Housing market too strong and powerful to crash again. Population increase.

>experts say Hillary has a 98% chance of winning the election
>Brexit will never happen, and that's a good thing

>>49596883
>we’re not in a bubble
>T. Housing experts

Huge sell signal Kek
Can’t wait to scoop up homes at a 70% discount

Housing is in “new paradigm” mode, this is what everyone said about tech stocks and crypto earlier this year

>>49596883
>BUY THE TOP, GOYIM
>WE CAN'T WAIT FOREVER

>>49597124
>Can’t wait to scoop up homes at a 70% discount

You wish. You won't get any discount anytime soon.

>>49597163
/biz/ has been saying there will be a crash soon for almost a year now
Tick tock, two more weeks

we should turn milennial into a slur and anyone that says it reaps the consequences

You’re actually fucking retarded if you think it’s crashing. This isn’t 2008. You literally don’t know anything. Even with the Fed hiking interest rates prices have continued to go up. Sorry you’ll always be poor, enjoy your cum coin or whatever retard.

>>49597238
"ageism" is already a term but it only applies to young people mocking old people.

journalism quality is just so very poor nowadays

>>49596883
>those headlines
So it's going to happen, then

>>49597302
>nooooo it's not a bubble look what analyst experts say!!!

>>49596962
Precisely. Gonna need to see those zestimate numbers drop by about half in a year or so here.

>>49596962

Demand for housing continues to rise globally. No way will it ever drop.

>>49596883
Journalists in their sheltered jobs have always talked warmly about the housing market.

>>49597371
Ok retard, go be homeless forever. Look how many people there are that are begging for a price drop. It’s not coming

>>49597417
>noooo because Mr. Shekelbergstein say so!!!
Go all-in on leveraged REITS then, faggot. I dare you.

>can't build any new houses because of STILL-lingering global material and labor shortage
>niggers and spics exploding in population and immigration
>demand at all-time highs and supply at all-time lows
>"i-it's going to crash any second guys!!! seriously!!!"
the biggest fucking copes of any economic sector

>>49596883
Wait I thought millennials already killed the housing market along with other businesses?

>>49596883
>be a 29 year old high school teacher in Oklahoma
>buy a house after 5 years at 27 by saving money and living within a budget

I think you guys just suck with money

>>49597464
my 401k is about 25% REITs. Leverage is retarded in almost every situation

>>49597404
boomertard detected. you're literally looking at AI generated articles. not person wrote them and no person read them before they were released. get with the times

>>49597371

Its not a bubble anon. Buy now or get outpriced.

>>49597557
>oklahoma
>work 5 years to save a 3% down payment
lol, lmao

>trusting business insider

>>49596883
I've accepted it honestly, and now that I have I feel a peace I haven't felt in years

>>49597602
I put 20% down, but sure. And I'll take a house in Oklahoma than an apartment anywhere else.

the biggest indicator that the housing bubble is about to burst is the fact that family homes are <$200k in michigan and ohio but everywhere else the rates are insane. it was the same scenario as 2008, housing prices were stable in ohio and michigan but everywhere else was hyper-inflated

>>49597302
>hi im dr. dipshit listen to me repeat what faggots who know nothing say
If you read the realtor data you can see prices started dropping may 10th-15th. Homes are not selling anymore. You're a fuckup or a bot.

>>49597630
>56k per month mortgage
How

>>49597468

Don’t forget fucking gigantic inflation. There is a reason housing prices almost doubled in the 1970s and a reason that you can’t buy a 3 bedroom house for $18,000.00 anymore.

>>49597560
>he doesn't dare
Very convinced of your own statement, eh Mosche?

>BUY MY BAGS!
>YOU HAVE TO BUY THEM NOW!
Why
>WHA- B-BECAUSE YOU JUST HAVE TO!
Getting nervious arent we? You got in over your head thinking you get on the home flipping real estate game and now you will bag hold. Be sure to pay that property tax plus tip

>>49598020
The property taxes are $17,000/month. No one's going to buy this house btw, the seller is delusional

Sorry millennials. bitDAO is buying all the Ethereum too. Meaning you should probably forget about buying that too. You will literally own nothing.

>>49597630
>1999 $34 per square foot
>2022 $715 per square foot
So basically it increased in one original house worth a year every year for 20 years, so after 20 years it's worth 20 times as much.

>>49596883

Why did they stop building houses?

>>49597630
>sold for 400k in 1999
>selling for 8500k in 2022
>Value increases approx $350k / year during that time
Seriously fuck boomers and fuck the real estate market. My parents got their first home for less than $100k and sold it for half a million. I won't be able to own a house until they're fucking dead despite earning more than they did at my age

>>49596883
Those articles are six months old. Alot has changed in the economy since then. Those boomers are DESPERATE to sell their overpriced houses and unload their bags on someone else right now. Don't fall for it.

>>49598421
because they realized they could build cheap shitty cookie-cutter apartment buildings for way more money

>>49596985
>Land availability is near 0 and prices are absurd
Have you nigger considered that building single family two story homes, then building all the infrastructure to accommodate traffic for single family cars, and then to accommodate the space needed to store those cars in any place that provides services is the culprit here?

>>49598421
Because Americans are too poor to afford them

>>49598506
>the ideal rural american city in the year 2060 according to this poster

>>49598594
t. big oil car drone.
See any big european city where public transport and cycling is king.

>>49597734
what's special about those states?

>>49596883
ok

>>49596962

This is exactly in line with what I predicted-there's going to be a storm of shilling about how the market is totally fine and it's not a bubble and you should totally buy.

The reason for this is that they want to dump their bags and they won't let on to how bad it is until they've gotten out from under the crash.

Check out the boomer real estate man that owns millions in properties has to say:

https://www.youtube.com/watch?v=g1g0zJRncIk&t=99s

>experts say
This literally means nothing

>>49598671

Yeah, no. Hell is a commieblock with nigger neighbors.

>>49597392
Commodities and bonds will flush the housing market when the foreclosures start to roll in

>>49596883
WE SHALL SEE

>>49599211
Enjoy your 16 lane highway and artificially induced demand for cars, where you can't even walk to the shop.

>>49599281

Being pedestrian-unfriendly is a feature. The poors should be kept from non-degenerates.

I don't want niggers near my home.

>>49599322
At this point you're just trolling. No wonder you cannot afford a home.

>>49596883
Vancouver Canada is one of the most egregious real estate bull markets on Earth. Last month it was a buyer's market with people relisting at higher prices. Here is what it looks like today, https://www.myrealtycheck.ca/ . It's not good.

Housing is trickle down economics. Big companies and organized crime launder money into the top and the middle, someone downsizes and funds their retirement with the difference. If the top or middle start to bleed, the whole thing stalls and ripples out. Millennials and Zoomers will never be able to afford what it bleeds to though. Their generations are situational fucked for taking advantage of the crash.

>>49598131
Based. Retard Estate fags on suicide watch.

>BUY MY PROPERTY
NO

>>49596883
imagine investing in buttcoin instead of a house

>>49599396

I own several homes, dude. Paid off in full. Sorry to burst your bubble.

In South Texas, nobody walks. The temperatures are high enough to kill you, and so will the wildlife. That's the natural state of things. Commie blocks do not make sense in any society that has agriculture to feed itself.

>>49599502
Neat. How did you survive the 2021 february winter?

>>49596962
>>49596991
>>49596998
>>49597030
>>49597124
Do you not understand prices are totally manipulated? BlackRock, a company richer than the country of Germany, is buying up all houses in the western countries via subsidiary companies. You should have guessed it but since you’re not bright look at videos explaining it like
https://youtu.be/YPd2iXUYe-o
https://youtu.be/CGqgyjUcq1A
https://youtu.be/PlYk1RHKPmA

It started 5 years ago or so, now some people are realizing it and trying to expose them but the media of course went full DEBUNK DEBUNK, just do a google search on BR buying up homes it’s full fact checking globohomo propaganda. THEY DON’T WANT THE PLEB TO OWN ANYTHING

>>49597392
Somebody post the chart to BTFO this retard.

>>49599674
cool they can enjoy paying the taxes

>>49599674
>blackrock

what else is new? gras is green?

>>49599584

Literally didn't affect me. That was only an issue for cityfaggots with terrible urban planning who insisted on using spot pricing energy deals that forgo the protections given to consumers by locked-in energy bill plans.

Literally that february winter hit 2 nigger infested cities and that was it.

>>49599819
>Literally didn't affect me.
Bahahahaha. Yeah, you can stop posting now.

Why is everything with extremes with you guys...
>YOU WILL NEVER AFFORD A HOME. 7 FIGS+ FOR ANYTHING OVER 2000 SQ FEET IN THE MIDDLE OF NOWHERE
>THE PRICE CRASH IS IN TWO MORE WEEKS!! -70%!! FORECLOSURES, CHAOS, AND LITERAL BLOOD IN THE STREETS

Why wouldn't/couldn't these predictions cancel eachother out into a plateau of these "inflated prices" being here to stay but not increasing much (much past 8% inflation).

>>49598020
Almost no one who buys a house in that price class is doing a typical 20% down mortgage.

dont care, not buying. enjoy paying those taxes.

t. basement

>>49596962
supply’s constrained. housing will not crash. also, rentoids are fucked. open borders doesn’t help the situation either

>>49599794
>(((BlackRock)))
>Paying taxes
Pick one and only one

>>49599802
Look the people I quoted, they’re saying muh prices will drop because people can’t afford it anymore!!! Or muh prices Ill drop because population decline!!! They’re CLUELESS about the cabal that completely floods and locks the housing market.

>>49600073
>(((taxes)))

didya forget about property tax??? fed doesnt control that. didja forget

>>49597734
WHO td wants to live their lol

>>49599674
Good thing im in eastern europe, teehee

>>49598506
it doesnt matter what the culprit is, everyone wants a single family home miles away from the nearest nigger. They will pay everything they have and take on debt beyond their eyeballs to make this happen

>>49597163
FPBP. These articles reek of New Paradigm

house and rent prices outpace the cpi by 40%

this means house prices must drop or consumer goods must increase astronomically

house market will shit its pants harder than in 08

>>49598435
Fucking this. My parents built the home I grew up in for ~$200k and they're selling it this year for almost $700k to build a smaller home for the same price.

>>49600993
how much gas and things could you buy for that 200k when they built it vs the 700k it costs now?

wveryone thinks just cause a house went up by 100k its worth that nuch more; but when bread costs $10 a loaf is $100k even alot of money

you see, everyones house went up in price, but the value stayed the same

>>49596883
>You will own nothing.
Jokes on you.
never did.

>>49597302
Houses used to sell in 24 hours in my neighborhood. Now they're going unsold after even after weeks.

I dont see how a crash could happen with how strict mortages have been since the recession. maybe if the tech bubble triggers mass layoffs

>>49596883
EVERYTHING'S connected.
If house prices stay the same people are going to sell to move their money into things that are cheap.

>>49598435
You don't earn more. Having more zeroes on the salary you get in monopoly money doesn't mean anything. The only real measure of wealth is "how many months do I need to work to get a house". Apparently your parents had to work much less to get a house.

>>49596883
>Housing market will never crash
aha wait until all the boomers die after the massive heat waves this summer, we'll see if the demand is higher than the offer

>>49596883
I had an offer from Blackrock for 563k for my place

Decided "I don't want to be like Boomers and sell my home to a rental company, I want to give people the opportunity to buy". Listed it for 550k. Below zEstimates, comps.

Whitest part of the metro area. 10/10 rated schools. Walk to every amenity you need. Has a pool and it's 100 degrees outside.

Can't get an offer. Redfin says it's a "hot home". Zillow says it will "sell quickly".

This feels like the top. No one is applying for mortgages with rates at 5.5% and homes at historic highs. If stocks and crypto can crash, housing most certainly can.

>>49601196
HOLY SHIT SO INSTEAD OF BEING RETARDEDLY HOT ITS ONLY MODERATELY HOT? No way

Even if prices just stop going up, they are effectively decreasing due to inflation.

>>49602424
Retard

>>49602424
This is definitely the top. I'm in the same boat as you in Austin Texas. It's extremely obvious this is the top and prices will start to come down over the next 6 weeks. The problem is will buyers (us) be willing and/or able to pay higher interest rates.

>>49596962
correctamundo dude

did "homeowners" really think they'd come out ahead? fucking kek

>>49602326
Even if the pleb stop borrowing bc of high rates, the prices will only very slowly decrease and not crash because BR (and its hundreds of companies) is buying up everything by offering a higher price than what the layman can offer.
See
>>49599674
>>49602424

>>49602550
This is one of the most moronic things I've ever read on /biz/

>>49602424
damn, did larry fink himself show up? Must be a pretty nice place

>>49602424
>If stocks and crypto can crash, housing most certainly can.

Anyone who denies this is a lost cause.

>>49601196
saw some 100k price cuts in my area and they still haven't sold. noticing a lot of houses being listed for more than 60 days already. price is coming down although no where near where it should be yet but most are being listed for less than their estimated price

>>49602509
it's not a hot market anymore you retard. I've looking for a house since the beginning of 2022 and it's completely different now.

>>49602730
>saw some 100k price cuts in my area and they still haven't sold. noticing a lot of houses being listed for more than 60 days already. price is coming down although no where near where it should be yet but most are being listed for less than their estimated price

Zillow Zestimate is waaaay too high and it's throwing sellers off. Zillow thinks my house is worth almost $200K more than what I bought it for three years ago, meanwhile houses in my neighborhood sell for $100K less than the Zestimate.

>>49599986
when nobody is around to pay for your basement what's the plan?

>>49598435
>>sold for 400k in 1999
probably just the land

>>49602857
I never understood this meme. Mummy owns her house and once she dies I will inherit it.

>>49602800
Lol ok retard keep up that delusion

>>49602858
Don’t educate retards, who else will we make money off?

>>49602576

>80% of people think the economy is on shaky ground
>they are not eager to get locked into high priced high interest rate mortgages

really activates the almonds

>>49599674
>said the nervous /Pol/cel HOOOMER for the 5th time this month.
Got any proof of black rock buying up houses besides memes MIGA boomers post on facebook?

>>49599932
The primary demographic of this board is 20 year old emotional virginal men anon. Always has been.

>>49602889
the taxes also get inherited and nobody wants to hire a 50 year old lifetime neet is my main point

>>49598710
The population of the Midwest and some New England states has been declining and yet housing moons. The two home snowbird boomer menace will capitulate.

>>49597392
"Demand rising" doesn't mean "demand that will support current prices or higher". Buyers can't give price-support to prices they literally can't afford.

>>49603003

This is a 30 year old boomer board. 20 year olds generally stick to shitcoin and not real estate.

>>49603069
I don't want to believe there are dramatic emotional doomposters that are 30 years old. That's too cringe for me

>>49602509
it's only been weeks you fucking absolute retard. who the fuck is going out to get a mortgage with 6% interest? there have to be buyers for all the absurdly priced houses. but ohhh it's not a bubble. honestly just shut the fuck up you retard.

>>49603109
Believe it. A 20 year old who hasn't even hit his quarter-life crisis is not capable of anywhere near the same level of existential dread that a 30 year old can produce on hard times.

>>49599998
>supply’s constrained.
How constrained will supply be if mortgage rates hit 10%?
It's already up 2% on the year.

>inb4 blackrock
Not even those jews can buy up an entire nation's housing market.
Remember, these oligarchs act like they have infinite wealth.
All they really have is access to infinite money printing.
They can't logistically take EVERYTHING over, just because they control the banks.
Reality sets in at some point.
All manipulation of markets has its limits, set by nature / mathematics.
Not by the desires of technocrats.

>>49602800
houses were selling way above the zesitmate 3 months ago

>>49603109

Zoomers were babies during 2008 and have no idea what the depths of fucking despair and economic meltdown can create. Those of us that lived through it and suffered have broken families and drinking problems due to the layoffs and foreclosures it created.

The doom is always lurking in your mind when you have a life changing event like that.

>>49597392
i wonder where this demand is coming from when mortgages are at their lowest since 2001.

>>49602576
A few months ago everything was selling above asking with multiple offers. Homes listed for 540k in February closed for 600k in March.

Everyone is complaining about soaring rents, starting to think I should just rent it out, as my mortgage rate is only 2.5%. Inventory is still stupid low.

Now you have 6 months of stock/crypto losses, 6 months of rising interest rates, and no offers. I think I missed the top by 1-2 months.

>>49599674
Reality wins long term. You can manipulate the markets all you want, but eventually reality wins, and right now homes are way over valued.

>>49602800
Offerpad is buying homes for 5% under the zEstimate. You should cash in.

>>49596883
>stocks fucked
>crypto fucked
>gas fucked
>inflation fucked
>experts told us they wouldn't get fucked
>trusting kike.tv in current year, so close to covid
lololol

>she's right and you know it

>>49603364
This is true. 2008 broke families and people. The other side of what comes next will leave zoomers an entirely different person than they are today.

>>49599847

My neighbor's garden faucet pipe busted and I called him to let him know since he was out of town but that was literally it.

Electric bill wasn't higher, power didn't go out, roads were slick and icy but that's all.

>>49599674
>blackrock
thanks for proving you know nothing fag. blackrock is going to get assraped when they can't make any money on renting their properties they paid 200% over asking price for because no one can afford to rent anything even a shitbox studio right now. They are holding the biggest bag of the century and they can't get rid of it. Thanks for playing.

>>49598421
They ran out of land and counties refuse to allow more farmland to be turned into subdivisions. In my town we've got people selling lots on literal clif sides and building on them everywhere. Any square inch they can fit a house in city limits it's being built. Unfortunately it's never allowed to expand outwards. You wouldn't want that anyways the roads can't support this growth.

>>49603213
>it's only been weeks you fucking absolute retard. who the fuck is going out to get a mortgage with 6% interest?
Dude how old are you? Go look up some historical interest rates. Fucking Zoomer.

>>49599674
investment management firms own like 2% of all housing in the jewsa. take your meds.

>>49603720
>because no one can afford to rent anything even a shitbox studio right now
okay so where are people living?

Everything is fine we aren't in a bubble. Chill out a buy a house already.

>>49596883
Looks like 2006

>>49603861
literately in the streets

>>49603767

Increased interest rates are now tacking 50% more onto the mortgage payment. Boomers still think that they can sell a mobile home for 800k even though it's far more expensive to borrow.

It will take a static market for a few months before they figure this out.

>>49603213
>who’s going to get a mortgage with 6% interest
Are you 11?

>>49603704
>This is true. 2008 broke families and people. The other side of what comes next will leave zoomers an entirely different person than they are today.
Zoomers are going to experience what Millanials had to go through.
You dumb 20 something year olds want some advice? Get a job. After a crash the job market turns to shit, and you'll be forced to whatever you can find.
Start looking now and a least find something that won't make you want to blow your brains out, because pretty soon you won't have a choice.

>>49603720
this. kek why are they overpaying

>>49603866

I believe that the people saying it's not a bubble and that real estate never goes down are just saying that in order to try to dump their bags before the panic sets in.

>>49603861
>okay so where are people living?
With mom and dad

>>49603861
In homes they bought before prices hiked, in rentals they signed leases on before prices hiked, and/or moving back home with their parents (again, in houses bought before the hike). How are they supposed to prop up the inflated prices that blackrock is bagholding with money they literally don't/won't have?

>>49603704
can't wait to see them panic when they can't even land some shitty fast food or retail job. you have suck the managers cock to even be considered for a position back then.

>>49599998
>BTC to 100k
>TSLA is worth trillions
>Metaverse is the future
>Oil is useless now that everyone will be driving EV
(you are here)
>Housing will never crash

>>49597302
9 apartment complexes were built 3 years ago in my town, they are still 95% empty

>>49596962
it'll vary by locality, but in locations with absolutely any supply this seems correct.
i'm seeing posts on retarddit of people sitting on +100% gains that are pissing and moaning that they only got offers 5% under asking, it's going to implode so horribly if that's all it takes to break their delirium.

>>49603962
I had a realtor tell me earlier this year I had to buy a house now and not to wait until later. Knew exactly at that moment to stay the fuck away from that jew.

>>49603054
Why would I need a job though? I inherit the house and the money and just keep living here. I don't understand why I would need a job.

>>49603720
they'll just get another government loan at 0% interest and keep buying.

>>49604106

>what is property tax

>>49603720
Nigga blackrock is owned by the same tribe that can print money at will. You think some broke goyim rentoids gonna bankrupt them? They have endless bailouts, and the only one that's gonna be assraped is the ones who pay for it with the inflation it causes, aka YOU nigger

>>49604149
This doesn't mean their "plan" will succeed, it just means that their fuckup destroys the entire economy alongside their company in the end.

>>49604149
>they'll just get bailed out
Ok

If you're selling at the top aren't you also buying at the top?

Am I retarded? Aren't you just trading the same relative value, just with more zeroes behind, on both ends?

Am I missing something?

>>49604125
We pay council tax in the UK which is like £1.5k a year for this house. Also this is a three bedroom family house, I would honestly probably sell it and move into somewhere for 1/3 the price and pocket the rest of the money to live. As well as the cash I will inherit I should be fine. NEET life best life.

>>49603316
supply’s constrained, population is increasing rapidly. last crash was due to overbuilding, and lack of credit standards. that won’t be happening again.
>>49604041
not saying there will never be a correction: just not happening anytime soon. maybe 10-15 years when the boomers die off

>>49604264
You already seen it with your own two eyes in 2008, nothing has changed to the status quo since then, what makes you think they won't get bailed out now? They literally bail themselves out. Biden's entire cabinet is part of the (((tribe))) and just one wikipedia search proves it. It's over for everyone BUT the blackrock jews

>>49604125
his property tax is probably less than a few grand. if his parents leave him a decent sum he'll be dead before it runs out.

>>49599932
I'm pretty sure these prices sticking around is enough to price most out forever

>>49604305
>population is increasing rapidly!
kek, copium. if it is, its purely from immigration. nobody having kids.

all that housing will be turned into no-profit housing for gibs.

>>49604262
No. You always need a place to live. Are you going to sell and go back to renting? I doubt anyone does that.

>>49604262
Yes you need to live somewhere. But selling a million dollar home to down size into a rental for a year while the housing market shits itself. Now that million dollar home is now 750K. BLAM you just made 250K in one year.

>>49604340
its cool bro just get bailed out. still not buying.

>>49604305

Yeah bro all those people that got laid off from corvid going into historic gas prices and historic inflation are going to be able to sustain these housing prices and there won't be a cascade of foreclosures.

Consumer credit is already spiking up. Those people aren't buying flatscreens with credit cards they're buying gas and groceries that have doubled/tripled and there' no relief in sight. The paycheck to paycheck people are already folding and it's going to eat its way up to even people that save money.

I'm so tired of having to point out how bad things actually are to people and how every discussion gets shit on by some boomer that says, "well I bought a house in 20XX and everything's fine fore me"

>>49603861
in the streets anon I'm not kidding. You know what it costs for a 250sqft studio now? The one I'm in I paid $1500/month for last year, this year it's $3200

No one can afford that shit.

>>49598435
In all fairness this home probably got renovated quite a bit over that time period, doubt it is exactly as it was in 1999

>>49596883
at what point does the general public get fed up enough to murder the kikes buying up homes to turn into rentals
blm managed to scare the fuck out of police during the riots in just a few cities. why can't white people do the same?

>>49604210
So who cares? They don't. You've seen them destroy the entire global economy and get off scot free from it while the average rentoids and poorfags roped. They're immune to economic collapse. If SHTF they have the power to print money. Noone else does.
Get this through your thick skull, they don't play by the same rules as you or I do. They have the power to manipulate money any time they wish, you have to break your back to earn a fraction of it.

reminder - the States and counties destroy (((their))) profits every year with phat property taxes. property taxes are NOT controlled by the fed govmint.

every second a property (((they))) bought stays vacant, the states wreck (((their))) profits.

>>49604149
They won't get bailed out they are holding a 2 trillion (estimate) dollar bag that they are about to put over their head and suffocate themselves with. The market doesn't give a shit if they're jews or masons or they have access to the printer. You guys really don't seem to understand how fucked everyone and everything is going to be.

>>49604504
>at what point does the general public get fed up enough to murder the kikes buying up homes to turn into rentals
Even Blackrock isn't immune to this shit. They're buying up houses at above market value that soon no one will be able to afford to rent.

>>49604572
You believe as if Blackrock and the Fed that bails corporations out are two separate entities. They're one and the same, and they serve their self interests. And guess what, they will bail their own selves out if SHTF and you will be left to rope. Unless people wake up and start pulling the kikes out of their houses and slaughtering them that is, which is extremely unlikely given how low T this generation is

>>49603952
because, they are stupid fucking retards who thought, just like businessinsider globohomo\ rags and the financial times etc, that housing was going to continue going up forever and it was a safer investment long term than the stock market was. They were planning on renting out at mortgage rate prices for decades and they would have made a killing... until biden got in power and did everything humanly possible to destroy everything that our economy needs to work even the least bit predictably.

I hate biden he is a massive faggot but his stupidity is going to fuck everyone in the end, blackrock included, and they are super fucked hard with their multi trillion dollar baggie. So is vanguard but to a much much lesser degree.

>>49604411
okay, what’s your point? beaners/etc are going to rent houses/apartments. someone’s going to lease them space
>>49604485
don’t forget to tip your landchad this month

>>49604663
they really are out of touch with poor people huh. they thought they can raise rent 5% every year for 20 years KEK

>>49604517
That was in 2008. This is 2022. Totally different ballpark and totally different game. They can't print hyperinflation their way out of this. They are fucked hard in the ass and it's why the banks have been laying off mortgage brokers and rentacuckold advisors to a 95% clip. Nature doesn't give fuck all about any of this stupid shit, market forces are gonna market force because when the lowest pleb can't afford to eat food & go to work at the same time the entire fucking house of cards comes crashing down.

>>49604305
>supply’s constrained, population is increasing rapidly. last crash was due to overbuilding, and lack of credit standards. that won’t be happening again.
And? Why does it matter if there's more people if they don't have the money to offer price-support?

>>49604719
>the beans will rent out the place
>SOMEBODY WILL LEASE IT OUT
ok

>>49604744
> people don’t have money
the problem is there’s too much USD out there. people have a shitton of savings currently. plenty of jobs too. might not be a bunch of cushy white collar jobs, but of blue collar work to be had

>>49604655
They can't bail themselves out this time it's a totally different market. What are they gonna do, borrow their own debt? Nope, they are fucked and that's why they are panicking and firing everyone. Stupid globohomo niggers got greedier than they should have and nature is hanging them with rope made from the hyper paperprinter. As is always the case, the people in the most powerful positions of control always manage to neck themselves out of stupidity becauuse they are so used to being above rules and laws. Until they aren't because they tried to peg natural forces one too many times and now they find themselves on the business end of the buck breaking machine.

Like I said we are all totally assfucked here probably for a century maybe longer but enjoy watching them jump out of windows.

>>49596962
If it can rise 2x in 2 years it can fall 1/2 in the same time.

>WE WILL OVERPAY THE LAST SALE PRICE BY 80% AND RAISE RENT 5% EVERY YEAR TO PROFIT!!!

copium

>>49604778
correct, i’m happy you understand now.

>>49604843
So prices are going to keep rising because everything is fine and everyone can afford them?

>>49604302
>>49604369
Kek what an absolutely shit tier sounding life and mentality. Poster child of Ngmi if I've ever seen

>>49604732
Yeah until inflation hit and now some places are doing 100% increases just to be able to afford the payments back to the bank, but they can't rent to capacity or even 10% capacity at those rates and so everything will come tumbling down.

>>49604737
Lmao how is 2022 a totally different ballpark to 2008? Last I checked jews still control every aspect of finance and the federal reserve and the presidential cabinet. In fact, they're more safe now than ever.

You said they're fucked if hyperinflation sets in and money is worthless - no they're not since they own the houses, that's the point. They own real assets which will counter the hyperinflation.
The other scenario is that they're fucked if the housing market collapses - well too bad, they can print their way out of it.
By buying up the houses they have countered every terrible scenario that could happen to them. I'm also betting they own a sizeable amount of precious metals and rare earth elements. You will not bankrupt them. Unless you threaten them with violence, but that's why they have the ZOG army.

It really hasn't set in for you guys yet, we play a totally different game to them.

>>49604908
>THE BEANS WILL RENT OUT ALL THE VACANCY
copium

>>49596883
Squatting it is, then.

>>49604937
>You said they're fucked if hyperinflation sets in and money is worthless - no they're not since they own the houses, that's the point. They own real assets which will counter the hyperinflation.

This. you will own nothing and be happy.

>>49604924
ah. why didnt they just pay cash kek

>>49604937
real assets only have value so long as there is a system that can afford to prop them up. That's gone down the toilet. Don't know what else to tell you I've spelled it out pretty clearly, if you wanna keep focusing on jews being able to cheat nature feel free to but that's not how it works in the real world. They aren't god and the heavier the baggie the bigger the rope.

are these (((landchads))) truly relying on South American renters to bail them out???

KEK

>>49603752
Sounds like the solution is more high density housing, perhaps in cities of some sort
>Only builds $2800/month one bedroom luxury condos
It's all so tiresome

We have this thread every day and every day it’s the same delusional coping retards thinking they will ever get a house sub 200k again

>>49596883
Millennials are going to be in their 50s and 60s soon and they will still be talking about how spooky baby boomers are fucking them.

>>49604916
housing prices will remain stable, and rise in places like FL because there’s an over abundance of USD in peoples’ hands. also, money exiting equities will probably find a new home in real estate.
>>49604942
holy shit, if i knew you were a complete dumbfuck - would’ve never wasted my precious time on you.

>>49596883
>WE ARE NOT IN A BUBBLE SO PLEASE BUY, I MEAN WE DONT NEED YOU OR ANYTHING
Got it, 100k housing that is worth 500k now will happen

>>49604942
Kek only poorfags have this type of mentality and attitude. Copium this copium that, zero ability to see things objectively and analyse. Completely defeated, which makes sense if you're just unable to afford somewhere decent.

Instead of whining and hoping for a huge crash which isn't going happen (a smaller scale one will, which I wouldn't call a crash, just a down turn), get yourself a cheaper property further out which has good government planning and reap the benefits in 10 years. Maybe your an unfortunate americuck tho and things like that just aren't available kek. What an absolutely fucked country

>>49605090
>THE PEOPLE HAVE TOO MUCH MONEY, therefore real estate will remain stable and rise in value
copium

>>49597302
I’ll enjoy buying your house for half off. See you then

>>49605113
>buy a house NOW!
copium

>>49597302
It's not going to be as violent of a crash as 2008 because the circumstances are completely different (one example, my parents got a house for 200k in 2010 that is now several times over that) , but there will be massive discounts

>>49605027
>if you wanna keep focusing on jews being able to cheat nature feel free to but that's not how it works in the real world
Anon, you've how the real world works in 2008 with your own two eyes...

>>49605000
cash, credit, card, foreskin, doesn't matter, they need to get value out of those investments they can't just throw 2 trillion into the wind and hope it comes back to them at some point. That money will continue to lose value at a rapid rate with inflation and their paper will be worthless and the homes will be either desolate or occupied by people who just don't give a fuck anymore and need a roof over their head. But thinking people will even play by the rules when 50% of society is in the streets is absurd. There are no rules when the west collapses there's just survival. What's blackrock gonna do, put security guards in front of empty homes? throw another trillion down the toilet to protect "hard assets" that have no revenue coming in? nope. anything they do is pissing into the wind, what they'll end up having to do is selling at a massive loss and shareholders will hang them (if any such system still e xists at that point). The other anon mentioned precious metals or something, which is a chinese game not a jewish one. jews are money printers, chinks are precious metal holders. The chinese have outfoxed the jews if you really need to look at it that way (and inb4 the cope about jews running china anyone who says that has absolutely zero idea how china is run and I won't even engage in explaining it because it's like trying to explain to a toddler that touching the stove is actually a bad idea).

We are all fucked, as I said, and as I've been saying, that's the bottom line, and the assfucking goes right to the top.

>>49596883
boomers are all going to die soon, so pretty sure they won't be deciding this

>>49599414
> Millennials and Zoomers will never be able to afford what it bleeds to though. Their generations are situational fucked for taking advantage of the crash.

This is sadly true, even a 50% drop in price and nobody will be able to buy shit. A $1 million dollar home will still be worth $500k and interest rates will be so high that taking a mortgage won’t be feasible either

>>49598131
Absolutely this, way too many HELOC and flippers to be sustainable in a recession.

>>49605190
Yes but in 2008 they COULD print as much as they wanted and had the government give them the bank debt from the collapse. They cannot do that today because printing or taking on debt during inflation is akin to putting a gun in your mouth and a buck breaker up your ass. I'm telling you man, it's a different situation and that's why the globohomo internationalists and bankers are having a meltdown behind closed doors right now. They know how fucked they are and they know there's literally nothing they can do about it other than try to ride it out and shift the blame elsewhere (see: ukraine vs russia) but americans are not falling for it because biden has been the least smooth of any president in history @ moving the pieces around for them.

why did you fall for the real estate bag kek. enjoy your property taxes and waiting on Ernesto to come save your vacancy, COPIUM

>>49605226
Cope zoomed retard. Rent goes up next month btw gotta cover that interest hike :^)

>>49597392
Its called fomo and usually means the top is near

>>49596962
>Science says it won't go down

>>49605293
>i'll just raise rent!
copium. Ricardo will save your vacancy problems kek

>>49603992
-40% at least

>>49599396
He's not wrong though. All of this shit is really wasteful, but it's all the price we pay collectively to keep niggers away from us as much as possible.

>>49605377
>20 posts by this id
>all retarded brainlet comments
you have to be 18 to post here

>>49605293
>W-We will raise rent!
and lose even more people from the ones who already cant afford rent? no you will artificially lower rent to be competitive and help to crash the market

>>49605427
-40% would be so dope

>>49605452
>copium huffage - maximum
copium

>>49605139
>>49605170
Kek, seeing you green text all responses without being able to say anything intelligent is the biggest copium LMAO. Hnnnng copium hnnnnng, ookh hnnnggg copium sniffff. Kek

ZOOMS AND MOOMS WILL BULLY (((boomrock)))

>>49605427
>40% drop
holy shit, there going to be a fire sale in no retarded states

>>49604922
What do you mean? I never have to be a wageslave. That is making it.

>>49603440
>literally Black rock Vanguard and all the banks propping up the fake economy to the max as long as possible

>>49605510
>cant handle the bantz
COPIUM
>Juanardo will save my vacancy on my rental
COPIUM
>people have too much savings so we will overpay for real estate
COPIUM
>we own the money printer we will bail ourselves out
COPIUM

zooms and mooms - rise up. Gamers RISE UP

Housing cannot crash in an inflationary environment. It's a basic service, you twats. If commodities go up, housing goes up, just because building houses automatically becomes more expensive. It's that simple.

>>49605427
thanks for backing up what i've been saying with graphs and data and stuff anon, sometimes people here just don't want to hear how things really are because of "rules" or something.

>>49605688
>IT.CANT.CRASH!
COPIUM

>>49605090
>>49605063
>>49605113
Are these and others like them trolls? Are there actual human beings on this board who honestly believe RE is not about to shit the bed? If that's the case I can't even be mad at the Jews anymore.

>>49605735
>I can't afford these prices therefore everyone else is
>in the future, builders will sell me a house at a loss
lol
lmao even

>>49605688
plz keep building houses when gas costs 10x the lumber cost and it's cost prohibitive just to transfer the goods to the build site and good luck selling the home @ 50000% what anyone can even afford anymore.

Smart.

>>49605799
>YOU WILL BUY THE HOUSE
>YOU WILL MOVE OUT
>YOU WILL PAY MY PROFIT
copium

>>49604040
I'm not surprised to hear that considering the prices they want for them are completely unrealistic for whom those apartments are aimed at. Wagies would rather pile in, five to a house, than spend 2/3 of their paychecks on those new apartments.

>>49596962
This

>>49605865
>ESTEBAN AND HIS HERMANOS WILL PILE IN 5 TO A HOUSE AND SOLVE THE VACANCY ON RENTALS
copium

>>49605743
They just don't know anything about real estate, it is entirely local yet they make sweeping statements that they think will apply across the entire country because all they understand is crypto. Zoomers can't into physical things nor can they comprehend that many people have vastly more money than them and are cash buyers.

i refuse to buy a "starter home" for half a fucking million dollars

get fucked

>>49605933

Esteban and his hermanos are going back to mexico

>>49605865
This, I make okay money doing IT stuff and many Apartments in town would be 50% of my income. So I live in a house with 3 other dudes. I'm saving money every month so... someday... I ... might... have... enough... for... a.... down-payment...

>>49605941
>they dont understand real estate!
>overpays 100% of the prior sale
>no renters, no buyers in this market
copium

>>49597092
Who is going to be able to afford insane mortgage payments?? The only reason supply is constricted is because of all time low mortgage rates.

>>49605850
Correct, its in your lease agreement. I have pods available if you desire one.

>>49596883
This articles are pure fliper cope.
Yes prices are going down (already happening) but the average american will not have credit to buy a house.

>>49605985
>27 posts by this ID
kek

>>49606011
>b-but your l-lease agreement
COPIUM

>>49606059
>not bullying (((boomer rock))) for overpaying for the real estate bag
kek

Are these actual people or are they bots because the quality of the thread has decreased dramatically.

>>49602197
This. We're unironically poorer than ever. Probably the poorest the average american has been since the depression. Minimum wage can't even buy you a fucking meal now.

>>49598421
To prevent a new 2008, they made really difficult to build houses. So, people who already own houses get richer. The exception is for mcmansions.

>>49596883
house negros are annoying as fuck, the pride always comes before the fall and there isn't a cockier group of mfs out right now

>>49596883

Number go up forever. New paradigm.

>>49603631
She is right about the part "it's nothing like 2008". Because food was cheap back them.

>>49603213
Look up historical prices, faggot. What was the median home price last time the interest rate was 6%?

>>49597392
Yeah I'm sure those 3 billion starving niggers will pump your property bags

The thing I don't understand is the number of McMansions on the market. They are all well over a million dollars at this point. And there are a ton for sell. I don't see how there are enough high income people to afford these homes.

>>49604413
my parents and one of my friends parents actually did that
they sold their house and are renting thinking that the housing market will crash and they can buy back their house or a better one and come out with a profit
so far they all have been depressed because they are paying way too much for a tiny shithole

duck and cover, lads. ive pissed off (((boomer rock))).

>>49603213
My bad, meant to reply to this nigger:
>>49603767

>>49596883
If such thing were true, their propaganda shouldn't exist.

>>49596883
didn't the experts repeatedly say that there is no inflation?

reminder to my zoomers - we millennial boomers and based Gen X created this GAMER SOCIETY.

BOOMERS CANT GAME

only Bill Gates was smart enough to buy out gaming companies like Bethesda and Blizzard, he will be raking in the profits while real estate tanks.

>>49604504
>why can't white people do the same?
I see that someone hasn't been keeping up

>>49598435
The $400k was only for the land. The house hadnt been built yet. The house wasn't built until 2010.

>>49599748
Which chart, the one showing that the 2008 "crash" was hardly a drop and didn't last

Why are these article titles so condescending
"sorry!"

>>49602951
i do, but if i post the website i get autobanned from 4chan for 3 days.

>>49597392
Yes, demand for HOUSING, not houses.

>>49597630
House wasn't built until 2010 dumbass

>Blizzard's Q1 revenue was 1.77 BILLION DOLLARS

GAMER CHADS, RISE UP. (((boomer rock))) BTFO

https://investor.activision.com/news-releases/news-release-details/activision-blizzard-announces-first-quarter-2022-financial

THANK YOU BOOMERS
THANK YOU GEN X
>>49596962
TWO MORE WEEKS

>>49606616
because they hate us and want us dead and think its funny

>>49605978
Your best bet at this point is to try your luck with crypto (after doing research, of course). I got enough during the last bullrun for a down payment, but got discouraged from actually pulling the trigger by all the people buying in cash instead of through a loan with a down payment, so now I'm rentcucking for a few more years until the next one.

>>49596883
Anyone who thinks housing prices will ever go down hasn't talked to boomers yet
I've had 3 boomers all tell me individually we should raise taxes on young people and give that money to homeowners because they generiously provide housing to rent

This is a common and 100% unironic belief boomers hold, these people control all branches of goverment and all companies
Their greed is beyond comprehension, you have to take that into account before making your bets

>>49606209
Check the zestimate and seethe cope and dilate lmao

this is totally normal and not a bubble and its just going to continue to go up!

>>49605799
>businesses never sell things at a loss.
they will sell at a loss if hodling means an even bigger loss. it’s called a fire sale.

>>49597581
Nah we’re good

>>49596962
>t. coping rentoid
You are priced out forever.

>>49603752
>they run out of land
They just put one third of it under federal control

>>49607200
I hate BLM... both of them

Boomers are going to be selling their homes in increasing numbers over the next decade. Many in their 70s now, struggling to maintain them, costs and taxes rising. Sure many own rentals too, but the older boomers in my family are already eyeing their rental townhouse as their new home.
GenX is a much smaller population. You're going to see lots of homes for sale in the next several years. Now, we just need politicians to address corporations increasingly owning the land of this country.

>>49596883
that's the judenlugenpresse thou.

unless (((blackrock aka the fed))) plans to hold them all empty forever, people will have to drop prices if no one is willing to buy for that high.

if it is a trick by the enemy then it's pretty much time for war. who the fuck would tolerate a hostile enemy force holding empty houses to drive prices up.

>>49606961
The boomers are ageing and have to hire people to maintain the rentals. They also struggle to maintain their own homes. Pedro wants $25/hour cash now. Like politicians are going to decrease taxes so individuals can keep holding multiple homes, lol.

>>49606965
Listed for sale is not the same as a sold price

>>49605941
it’s not as local as you think. there are more people working online than ever before, and more people without kids. youll be surprised to find out how much people’s housing priorities change when they suddenly just need the cheapest place possible. race to the bottom. now with blood in the water more and more people are going to wait before buying, so prices will come down even more.
the only way the government can keep poor people from rioting now is by letting them shoplift all they want for no penalty.

>>49605811
Yeah except if building new houses becomes unprofitable, what do you think is gonna happen to the existing supply?
>>49605735
It can crash. Just not now with inflation as it is. I can assure you that nobody that owns real estate is thinking about selling with the current value of money. It's suicide. Even if the prices are "up", the acquisitive power of money less than half of what it was 2 years ago. Besides, solid assets are the best bet during inflation. Why do you think the price of commodities is soaring? Furthermore, why am I replying to a bot?

>>49607574
(forgot to write)
...but eventually they will have to raise interest rates. thats when things will really get funny.

>>49605427
CPI is not an accurate indicator of inflation. In reality inflation is much higher (at least double current CPI) which means a housing price drop at worst is going to be 20%.

What if the fed does what it did in the past

>>49600282
>the cabal
The "Conservative Party" in the UK is about to enact a policy whereby people on long-term benefits will be eligible for bank loan mortgages. Because apparently it's unfair-evil landlords get to own a property they don't live in.

>meanwhile millennial workers get tighter mortgage criteria

>>49596979
checked

>>49597302
i will give you a hint
they're engineered wood boxes built by expensive crews of people, mate
not concrete, like what's made much cheaper, much faster with 3D printers
but particle board and big, expensive crews

>>49607635
you’re conflating houses with land. if a developer with a bunch of land suddenly cant make a profit building houses on that land, then what is he going to do? sell it to a chicken farmer? who is going to buy land when nobody can build on it? any kind of repair or rebuild now costs more. the only option is hold and pay the rising taxes on it, or sell it at a loss.
>housing prices can’t crash in an inflationary environment
inflation isnt saving the stock market right now. people are moving their money into what they think is the safest investment, real estate. real estate is the last chair in the game of musical chairs. once that market becomes ridiculous enough, people will finally wake up to the joke the entire monetary system is, and start demanding land redistribution. what happens to the value of real estate when the government starts seizing land to give to homeless people? if bernie sanders so much as TALKS about seizing land, land investors will start selling like mad.
never say never.

>>49607831
the us goverment would go bankrupt

canadian real estate is total free fall, there are no buyers at all, dropping 5% per month since feb of this year

>>49608168
>hold and pay the rising taxes on it
What do you think they've been doing for the last 100 years? Every square inch in America has an owner. Ask me how much of that land is productive.

>demanding land redistribution
You're talking agrarian revolution my friend. Not that it's not needed, but we're not quite there yet.

>never say never
I'm not saying never. I'm saying that redistribution of land is a very sticky issue, particularly in the US, because of the way it was colonized and because it's the cradle of capitalism and libertarianism. A lot of burgers would choose death over seizure of private property by the state, even if it's for their own good and with private entities doing it all the time in broad daylight. That's how it works in the mindset of burgers.

>>49605293
Rents are getting more competitive in Vancouver Canada. People who didn't buy in the last 2 years seem to be thinking they need to lock down the stable, credit worthy tenants for the upcoming recession. But sure faggot, keep trying to pass on your variable rate mortgage until you're left alone and insolvent. You should sell while you can.

>>49606346
>The thing I don't understand is the number of McMansions on the market. They are all well over a million dollars at this point. And there are a ton for sell. I don't see how there are enough high income people to afford these homes.
At low interest rates, they didn't need to really be "afforded"

People were taking out retard-sized loans to get into a home. The seller made off with huge profit and now someone has a giant loan to pay back as we head into whatever is coming

Even living in a dumpster of a house that the bank owns is better than renting an apartment off mr. Goldstien.
The only problem is location and the job opportunities that come with it.

>>49605347
>Science
>not The Science
heretic