/biz/ - Business & Finance

>>55398497
There joooos xD

>>55398497
No. The owners just list it a fantasy prices. Had a neighbor that listed his shack at 1.5 m, sold it for 280k

late stage sellers' market

I know what I got.

>>55398507
why waste peoples' time? why not just be upfront with what you have instead of listing exorbitant prices and being deceptive with photos?

>>55398497
the vast majority of property owners are deluded boomers who would rather list at whatever they think the value is rather than any number which has any kind of logic or actual reasoning behind it. they all think they're geniuses for buying their property in the 80-early 00s and now list at covid bubble valuations.

as a tip, once the market starts getting even more rough:
>go to a few viewings for these kinds of properties (listed above expected value)
>make an extreme lowball offer
>say you're seeing similar properties in the area and that's the price sellers have been showing interest in
>you like this one the most but you have already made the offers elsewhere and are in late stage discussions with two of them

then sit back and watch them fucking squirm. you don't even have to buy the property if they accept the offer, just tell them you got a better deal elsewhere.

>>55398602
GenX, a generation of fraudsters and junkies that got bailed out 4 times for their fuck ups

>>55398497
>low supply
>builders don’t want to make low profit starter homes
>some ppl are locked in for 30 years with low rates so no moving
>millions of immigrants coming to USA so ever increasing demand on housing
>commoditization of housing as a profit vehicle

Can't say why because I don't want to be banned for racism

>>55398497

You're asking the sane question I've been asking for 5 years OP.

>>55398791
>5 years
yeah no fuck you. I see the pricing history on these. I could've afford this shit 5 years ago.

>>55398780
tranny janny is pulling a weekend shift. i hope he's getting time and a half (on $0.00/hour.)

>>55398802

You couldn't even legally buy a house 5 years ago OP. Stop the cap.

Depends on your location, I suppose. I've spent the past two days at open houses and while there are stinkers many people will renovate before selling (which means they can bump up a higher sale price, or sell more quickly).

>>55398497
Rent-seeking destroys economies and it's a great tool for asymmetric warfare.

>>55398971
Chinks are fucked, Russians have no access, the private sector is looking at a bad rug, and loan holders big and small are going to have a hard time. If the goal was worldwide economic depression it was a success

>>55398602
Delusion. They all believe their shit is gold and worth it to the correct buyer

>>55398497
it's because you live in a country where jobs have been traded for reserve ccy status, meaning credit is near infinite but good jobs are rare

>>55398633
Interesting position that I haven't heard before. Can you elaborate?

>>55398867
Wow, exciting! Can't wait for my "open concept" my fresh coat of grey and red paint on everything, and my "modern appliances."
I love it when my home looks exactly like the industrial park that I work at.

>>55398497
https://youtu.be/rfVBET6JF-Y

>>55398497
>yet another dishonest real estate thread
its all so tiring

>>55399674
>dishonest
explain

>>55398497
If you posted some of these properties maybe we would be able to tell you why they're 400-500k since you're clearly too retarded to figure it out.

>>55398497
Pay w/e price you can, the max you can afford, get the house, they are rugging fiat, and will create two classes the rentlet debt slaves and the owner class. Get in now before you are priced out forever.

>>55398497
Because politicians/lobbyists/and capitalism doesn't work with real estate

>>55398614
They lived through 08. They know what signs to look for. I like this idea. Start saying things that echo the downturn. If you're young act oblivious

ids a booooooooble
>358,000 immigrants arrive
>20 houses built
ids gonna pooooop
>482,000 immigrants arrive
>17 houses built

>>55400018
Taken me 2 years to try get my own house built
Still not finished yet

how tf the gubbament gonna build large quantities of them

>>55398497
no, we wont buy these boomers homes, theyre being sold to blackrock who prints infinite money ever since covid and trump. also rich foreigners buy a bunch. so no nobody is buying these overpriced 100 year old shacks and neither will I.

>>55400060
3D printed houses

>>55398497
Good luck getting a contractor to come build you shit. Took me 3 years to get a new roof.

>>55398497
People need incentives to make money and create taxable revenue. It would be very bad if the slaves suddenly stopped working.

>>55399937
mortgage slave cope

>>55400439
Mortgages are free money. How is getting free money from rentlet tax payers "slave cope?" Its the other way around.

>>55398497
>I've looked at several houses that are nearly 500k
>zero examples given because doing so would prove op is being dishonest
>>55399773
Post links to seven or more of the properties you looked at you dishonest lying faggot.

Because boomers are evil and gaslighting us in regards to how fucking poorly they mismanaged the economy. America should not be in the state it is

>>55398602
this is 100% a shitskin behaviour
i visited 400k euros houses in fucking Bulgaria
there was a living area of 60 sqm
told the boomer bitch to stop losing people time with her bullshits

i fucked up the whole living room by opening the upstair basement tho so glad i annoyed her she had to clean for two days i thnk

>>55398602
They're desperately hoping someone buys sight unseen for their retarded list price

It’s debt. This is what happens in every market where demand is inflated with debt. Houses are going through the same thing university degrees are going through, only worse because BlackRock doesn’t buy up university degrees and restrict supply, an action which would be illegal by the way.