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/biz/ - Business & Finance

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57375597 No.57375597 [Reply] [Original]

There's a subreddit called REBubble (real estate bubble) that's become very popular. Everyone on this subreddit talks exactly like /biz/ where it's obvious there will be a crash and your dumb if you aren't renting. When did /biz/ turn into Reddit? What does this mean for the market when everyone predicts housing will crash because they want it to?

>> No.57375642
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57375642

Interesting

>> No.57376221
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57376221

>> No.57376250

>>57375597
You're the kind of person that if reddit said water was bad and poison was good would kill himself just to be contrarian
obviously yes there's a massive housing bubble in China and the West

>> No.57376262

You bought the generational top, OP. Don't feel sad that it's over, feel happy that it happened in the first place.

High interest rates are having the intended effect of causing home prices to fall. It's inevitable.

>> No.57376295
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57376295

>>57376262
And that's a good thing
fuck jews

>> No.57376315

>>57376221
Why are women such better investors?

>> No.57376344

>When did /biz/ turn into Reddit?
Early 2021. Hello newfag

>> No.57376371

>>57376344
I'm a 2017 giga oldfag

>> No.57376458

>>57376315
I hope this is sarcasm

>> No.57376480

>>57376458
Huh?

>> No.57376511

>>57375597
this is the kind of crash where it doesn't matter if it's completely telegraphed, too many people are trapped.

>> No.57376735

>>57376458
You can't argue with numbers anon

>> No.57376824

>>57376262

Housing market crash isn't happening. Its just gonna crab here and then climb higher.

>> No.57376881

>>57376262
Prices have stagnated, if you bought in 2020 your still up significantly

>> No.57377146
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57377146

>>57375597
>>57375642
>>57376221
>>57376315
>>57376371
>>57376480
>>57376735
>>57376881
At last i can say, go back to pleddit and stay.

>> No.57377148

>>57376371

2009 newt gengrich roody poo

>> No.57377303

>>57377146
You sound like reddit

>> No.57377334

The real estate market can literally not crash. Believe it or not but it's actually a very stable market and anyone thinking it isn't is retarded. There are just too few locations for the amount of people wanting to buy. Everyone is on the sidelines waiting for a crash so it won't crash. It's nothing like in 2008 when there was bad debt. These guys and you are just coping you are priced out forever

What better thing is there to get in a sect which prays on the market its downfall? If the market would actually crash it would devalue everything else and even those on the sidelines wouldn't be able to buy. There would literally be a depression or recession. If hundreds of thousands of people are waiting for a crash it won't happen

>> No.57378551

>>57377334
Most people's ideas of a crash is akin to a stock crash too not RE

>> No.57379009

>>57376315
Top buying is being a good investor now? I guess women are /biz/tards

>> No.57380579

>>57379009
Woken own fiscal property because they are better investors than men

>> No.57380596

>>57375597
Reddit is super gay.

>> No.57380603

>>57375597
RE just needs to trade sideways or marginal increases and it's fine

>> No.57380604

>>57375597
HANG YOURSELF YOU FUCKING FAGGOT

>> No.57380650

>>57376824
Crabbing is the same as crashing when all your money is tied up in it while everything else moons

>> No.57380909

>>57380604
>>57380596
You guys talk like redditors though

>> No.57380992

>when did biz turn into reddit
When summer, faggots migrate from reddit to here, unfortunately some stay

Recently got fact checked(!) by a fucking leaf redditor on here, unreal

You have to go back faggots

>> No.57381187

I'm a retard but every single person I know glorifies home buying and WANTS to buy a home. Every single person complains about how shitty renting is and how expensive prices are. How is a crash even possible when so many people desperately want to buy a house? Wouldnt a crash be caused by there being a viable alternative, such as rental properties being cheap, affordable, and well run? Thats the exact opposite of whats happening

>> No.57381217

>>57375597
>become very popular
Popular /= correct. Beanie Babies were insanely popular - how much are they worth now?

Real estate prices will not substantially decrease any time soon due to supply, as in there's zero supply. Demand can fall through the floor... there's still zero supply. There is a base demand case for housing due to people liking sex and having babies. There's also a base demand case because of immigration into the United States from everywhere. Neither of these factors is going anywhere any time soon. Will housing prices ebb and flow? Yes of course. But they won't crash 2008 style again for a very long time.

That being said, I do not own a home nor do I ever want to own a home. The data I look at clearly shows it is a net negative investment that includes a substantial amount of risk.

>> No.57381222

>>57381217
>>57381187
I love that our responses are right next to each other. /highfive

>> No.57381231

>>57376250
Buying a house in the West is extremely easy compared to the rest of the world
>https://www.numbeo.com/property-investment/rankings.jsp

>> No.57381248
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57381248

EVERYTHING I DONT LIKE/OWN IS REDDIT