/biz/ - Business & Finance

>>53991873
is it even a collapse when years of future demand was packed into 2020-22?

did you make another thread because the other one wasn't doing too hot

>>53991882
That's literally what a collapse is, big brain. People fomo'd in intensely, drove prices to absurd levels and now they're coming down some but will still be higher than the previous peak. This means rents might come down 10% or so in 2024, but will return to current levels by 2028. Rejoice, zoomers, this is your "good" times. Get a little cuckshed for cheap and smash some pussy.

>>53991873
Looks like hot shit, I’d offer $30k if he covers the closing costs. These boomers need a fucking reality check ffs.

>DON'T LOWBALL ME! I KNOW WHAT I G-ACK AAAACCCCKKKKK!!!!

>>53991950
So he still more than tripled his money in 10 months?

>>53991950
47k to 400k+

> why don't you buy a house you looser

>>53992093
No it didn't sell and the listing was removed are you blind

>>53991873
It sold you fucking retards

I like to creep around my home and act like a red rabbit I don’t know why but I just enjoy doing this. Maybe it’s my way of dealing with stress or something but I just do it about once every week. Generally I’ll carry around a sack and creep around in a sort of crouch-hopping position making nibbling noises, then I’ll walk around my house and pick up various different 'trinkets' and put them in my bag while saying stuff like 'i am financially hippity hopped' and laughing maniacally in my bugs bunny voice ('trinkets' can include anything from shit I find on the ground to cutlery or other utensils). The other day I was talking with my neighbours and they mentioned hearing weird noises like what I wrote about and I was just internally screaming the entire conversation. I’m 99% sure they don’t know it’s me but god that 1% chance is seriously weighing on my mind.

>>53992238
https://www.compass.com/listing/833-northwest-jackson-street-topeka-ks-66608/1218258386726007793/

WITHDRAWN

>>53991873
TOPKEKA
kek

>>53992238
nobodies that fucking desperate
nor this fucked in the head

>>53992093
He sold nothing
He made a loss of 47k minimum

>>53993354
Well that's not accurate. He has an asset and will sell it somewhere down the line.

>>53993354
Watch is burn to the ground in a couple months for a 2x

>>53991950
>47k
>I'll just flip it for 420k bro
The fuck are these people smoking?

>>53992093
They probably spen $50k minimum in renovations. Then theres all the costs associated with buying and selling a house.

>>53993700
crystal meth, unironically

>>53991873
Buy DRV calls you're welcome

It doesn't look flipped at all though

>>53992238
>It sold you fucking retards

>>53992238
COPE
O
P
E

>>53994146
Thats the joke. Low effort value adds and flippers think the house suddenly x4.

>>53994146
That grey paint and white crown molding is the hallmark of a shitty flip

>>53993760
>They probably spen $50k minimum in renovations
no, lmao
>Then theres all the costs associated with buying and selling a house.
under $5k

>>53992238
topeka boomer detected

>>53992093
>he tripled his money
What makes you think that, mine retard?

>>53992093
You only make money if you sell at a profit, don't forget taxes and closing costs too. ;)

>>53994737
Buy a house and get back to us.

>>53991873
It's kansas

nobody wants to live in kansas

>>53991873
Redpill me on Topkeka, what goes on here?

I grew up and still live here but never had normie friends to tell me what its like around here..

>>53993700
dude for the past 15 years that has been a free lunch. there is a whole generation of people in this market that think it's impossible to lose money on real estate.

bond yields have already flipped rental yields, but there are still retards out there buying houses on leverage to rent out becuase of 'muh passive income'. these people are going to get fist fucked.

>>53991950
In a national socialist system this would unironically be criminal.

>>53995675
i own a house. It was $300k and the entirety of the closing costs and fees was around $10k. Higher than normal because of VA. For a $47k house closing costs will be around $1-2k

>>53991950
Why do I owe you $373,000? For adding laminate floors?

>>53996106
>$47k house
nigger what kind of back water meth hellhole do you live in? condos here don't fetch less than 450k

>>53996519
are you legitimately fucking retarded? How many times did your mom smack your toddler head with a claw hammer?
>>53991950

>>53991873
>topeka
A very small win in a fucking pyrrhic war. Try looking in an actual desirable area. No, not New Fag City or Cuckifornia, any desirable uncucked place in the US. Next to no inventory remaining, houses continuing to sell in bidding war format when they do become available. The great Yankee exodus and landgrab has already occurred. What we have experienced is white flight 2.0, and in the next 5 years the remaining territory to build in these areas will be as dry as my balls after a coom session. The Skaven have infested these formerly desirable blue meccas and people want OUT. If you don’t want to hustle and be 2023’s equivalent to a fucking frontiersman you better be in a position to buy now or get left in the dust.

>>53991873
abolishing the gold standard and creating the Fed was the biggest trick they ever pulled on western civilization

>>53996777
>not including the price of labor

>>53996989
they came pre cut like legos, ordered and marked with instructions, men built them their selves.

>>53996536
>are you legitimately fucking retarded?
yes, but still fuck OP and this thread

>>53991950
>+793.6%

>>53996989
You showed your stupidity.
You should have said:
> not including the cost of *land*

>>53996777

Biggest issue is modern regulations. It's a nightmare and no way are they going to let some random dude and his brothers build a house wherever they want however they want.

>>53991950
Boomers are getting FUCKED

>>53995792
>Redpill me on Topkeka, what goes on here?
Being inferior to Kansas City, Laurence, and Wichita.
Brown vs. BoE.
That's it.