/biz/ - Business & Finance

>>56517905
It's over fellow rent-cucks... Houses really do only go up.

Three reasons.
1. High immigration. Families of 10 browns in a tiny house. It is still luxury for them.
2. People with large property portfolios are getting more rent than ever, they can easily buy multiple houses now. Existing rent easily covers repayments.
3. No ability to build houses or apartments fast enough for all the immigration. Not enough builders, not enough material and not enough land zoned correctly

>>56517972
will new cities ever pop up? or will the cities that currently exist just get bigger and more consolidated?

>>56518213
citites will burn down then new settlements will pop up that will eventually form into cities during the next yang cycle

rentoids are going to stay rentiods forever, there will be no housing crash and your rent will always increase faster than you can save.

>>56517905
I've never see so many houses for sale in my rich lib town. Sure they are still expensive but there is a lot more to choose from. Prices will stay flat +/- a few percent.

>>56517936
No they went down right there on the chart. You were just hoping for a bigger dip because it would financially benefit you. Unfortunately thats not how it works

>>56518302
i'm in the top 25% earner in my western country
can't buy a 500k house
so prices need to come down

The housing crash all the rentoids wanted already happened you can see it on the chart lol, housing prices will only go up from here

>>56518344
Outdated math. Most homebuyers are dual income. Or even more. Theres 4BD houses near me with 20 hispanics living in them

>>56517936
>>56517972
>>56518249
I'm seeing a lot of cope from hoomer baggies. You bought the top with leverage, topkek.

Demand is extremely low at these prices and rates. Retards also think they will never run into real income where people simply won't have the money to pay these prices. With all other expenses like insurance prices and the price of everything else going up, more people are going to be forced to sell. All these baggies over and over also say "muh low inventory" which is actually incredibly bearish because that means even just a small increase can negatively effect prices a lot. Pair this with the fact that all boomers have 5 houses and hate their children so will sell them to retire off the money without handing them to kids or will just die and let them hit the market all at once and you're looking at a housing crash worse than 2008. Even more, American women are completely disgusting and less men are wanting to marry them and have kids so this creates less and less incentive to buy houses if they're not marrying and having kids. The third world has also improved a lot in the last 20 years as the US has gotten much worse, so there is less and less incentive to live in the US as the word is out now about how much of a miserable shithole it is. Especially as salaries decrease and living expenses do as well, less and less people are going to want to immigrate to the US.

>>56518394
Good to know house prices will fall as soon as society collapses and people stop immigrating to the US. Now THATS an investment thesis that makes sense to me

>>56518394
yeah sure, keep waiting for that to happen, ignore Canada which is much worse off than the US and was the testbed for what they will do to the US

>>56518213
>will new cities ever pop up?
Even better: new countries. The US is unable to pay off its debt, and completely ignoring the basic needs of its own citizenry.

>>56517905
>how do they do it?
basically niggers

>>56518394
>t-two more weeks
lmao

>>56518394
>forced to sell

Imagine thinking that homeowners will give up their affordable payments towards equity so that they can make an expensive rent payment.

Only retards rent.

>>56518949
Pretty much this, when I bought my house 7 years ago the payment was slightly higher than the average rentals around me, nowadays as rent has increased while the payment stayed the same the payment is 1/3 of renting, why would I ever give that up? And it will only get better as rent keeps rising

>>56518394
>Especially as salaries decrease

Imagine betting against this trend

Only retards rent.

>>56518416
Let me ask you, even if immigration doesn't increase, how are these people even going to have the money for exponentially higher prices?
>inb4 They'll just pack more people into houses!
Do you really think immigration won't slow if to live in the US they will have to accept worse conditions than in their own country? Do you also think that houses packed to the brim with Africans wouldn't decrease the price of housing next door to them? Topkek

>>56518477
What makes you think Canada can't crash either? Canada also is specifically as bad as it is because of Chinese. These same Chinese are much less likely to invest in the US because of the IRS and the US's well funded draconian financial controls. Tax evasions is as much a part of Chinese culture as Confucianism.

>>56518897
>1987 to now have the same conditions
>This will happen like this forever!
>Except the crash that did happen when the market got overheated, that part will never happen again!
TOPKEK not buying your bags faggot.

>>56518394
theres a little too much exuberance and "new paradigm" posters in here, likely a lot of wannabe landlords as well. But even your own post missed some points:
>record number of apartments coming online, in high demand cities
>current court cases involved in price fixing for landlords
>leveraged up corps/private firms whose collateral might tank
>CRE crashing with no survivors being bundled with residential
>depreciating asset/deferred maintenance. Cost of work to homes has skyrocketed
>white collar recession/large layoffs for high paying jobs/people suddenly can't afford payment
>>56518477
canada lets in far more migrants per capita than the US. They also don't have nearly as many cities/as much land to build in.

Houses drop slowly in price, experts say approximately 2 weeks are needed to notice the effect on the housing market

>>56517905
the best way to determine the relative value of a home is to compare it to the rent it could command if it were rented out. this allows you to calculate an effective P/E ratio and to compare it to other points in history to determine if the asset is actually overvalued based on what kind of earnings it could net.

based on these metrics, home prices are not inflated, and are in fact well within norms. yes, the actual dollar amount of houses are constantly hitting new highs, but that's more because the actual value of the dollars the price is denominated in is going down thanks to the retarded monetary policy in the wake of the Covid non-event.

if you want to confirm what i'm saying, you'll have to find the graphs yourself, as i don't feel like running them down.

>>56519058
>TOPKEK not buying your bags faggot.
Not for sale retard, not selling an appreciating asset. You couldn't even afford it if I was. If you could you wouldn't be in here seething. Your rent will be going up again btw.

>>56517905
It's called land is drying up retard

>>56519130
Basically this, if you want to short the dollar just buy real estate.

>>56519102
Thanks anon, I'm just some brainlet who sees the writing on the wall. I don't have the data that you do. I'm glad I got traumatized from the recent crypto bear market from ignoring all the top signals and holding, because the amount of top signals I see in the US housing market is insane.

>>56517905
Go live in the ditch satan

>>56517905
its based on the like 10 houses that actually sold in the past 6 months

>>56519183
>You couldn't even afford it if I was.
Then how are prices going to stay propped up you retarded faggot? If nobody can afford it, it will go down.

>>56519223
>top signals I see in the US housing market
yes we're pretty much at the local top, but I also don't think we see an actual dramatic crash. Not unless the entire economy goes in the toilet form some external event. But prices will correct, as demand dies down and the rate increases work through the system.

But the Hoomer baggies should be alright, as long as they don't lose their income. Its the landlords/corps etc. that are over-leveraged that will likely face the most pain. Between cash flow decreasing with increased rental supply, and possible collateral going down in the broader markets, and banks getting more stringent, these people will eventually sell, opening up supply. my prediction is around 20-30% correction within 2 years.

>>56519252
>nobody can afford it
nah, just you

new all-time-high just dropped

>>56519389
Rentoids get a chart
Homechads get land and a house
I accept your terms

>>56519312
Anon I moved to Argentina to avoid higher rent. Not only have my expenses halved but my lifestyle has DRAMATICALLY improved. I still work the same US based job. You are stuck in the US with US women smug about your plywood box you bought with leverage that will rug you and I'm balls deep in Argie pussy stacking cash.

>>56518394
Lmao get real, home sales in any remotely desirable part of the US are not slowing down.

> 2 more weeks

>>56519737
What are you talking about faggot? They already have started to.

Trying to buy into the housing market is eternal suffering

>housing prices keep going up
you're fucked
>housing prices go down
>fed raises interest rates
you're fucked even harder than before

There's literally no winning

>>56517905
1% since February 22 is fucking terrible. That's so bad, it's worse than your portfolio's performance, OP.

>>56518897
That looks like a fucking terrifying double top.

>>56517905
>When will home prices go down, anon?
This could take a long time, if it even happens..
the system is kind of stable at the moment, existing homeowners have historical low mortgage rate - little financial incentive to sell. Those that do sell often have high home equity and spend the money buying another house.
It's essentially just boomers trading houses at X valuation, this alone props up the housing market making the X valuation sustainable.

>>56521702
BTC was 45k Feb 2022