Should I sell my house now??

[Anonymous No.10416814]

Starting to look like China might start dump their Realestate investments in the US. My house has appreciated 60% in value in the last 4 years since I bought it. How real is the talk of a Realestate crash??

[Anonymous No.10416913]

Very real. FOMO selling has already started. Millennials that DO own homes live like poors because they can’t afford anything else. There’s going to be no new buyers with interest rates and China would be wise to unload now, at the literal top.

[Anonymous No.10416917]

We own 23 properties throughout California and Nevada and we're feeling nervous.

[Anonymous No.10416934]

>>10416814
Canadian real estate agent here

If you only knew how bad things are.

[Anonymous No.10417011]

Foreign capital should not be allowed to speculate on American property. The only time foreign capital should be allowed to purchase land is for strictly industrial or corporate office purposes.

[Anonymous No.10417012]

I can only get so erect. Hoping that coastal cities get crushed.

[Anonymous No.10417018]

>>10416934
Is the crash going to be this October or are we going to eke by until 2019?

[Anonymous No.10417106]

>>10416814

is this a global thing? Housing prises in my euro cuck country are going trough the roof also. You need at least +300k for a non shitty house.

[Anonymous No.10417188]

>>10416814
Bay Area here. Chinks own the house next door. It's been vacant for the 3 years I've lived here, broken windows run down high fence all the way around and 5 foot tall weeds. A few episodes with squatters. Once or twice a year a gaggle of chinks in suits comes by and takes pictures. I want to see these people get burned.

[Anonymous No.10417196]

>>10417106
LMAO. There's a good number of Pacific cities with median salaries at 7-10% the going rate for a 1 bedroom condo.

This is a global thing, but the Arabs and Russians are nothing compared to China money.

[Anonymous No.10417210]

Los Angeles
single family home with 3bdr/2br 5000sqft lot in a safe neighborhood north of Washington BLVD west of Normandy Ave go for over $1Million.
A nice area is a lot more.
I’m in Hancock Park . Avg per sqft is over $950.
Yeah that’s right $950.
Crash my ass, not in LA anyway

[Anonymous No.10417225]

>>10417106

prices*

[Anonymous No.10417259]

>>10417210
I feel at the very least, the CA market will stop rising but not drop because there is a very real shortage of home inventory in this region.

[Anonymous No.10417263]

>>10417210
I don't think houses in California will go down that much. Too many asians buying.

[Anonymous No.10417285]

>>10417196

I feel like a cuck for renting but I'm not buying the top kek.

[Anonymous No.10417296]

>>10417259
kek people are waking up to the silicon valley meme. they're starting to realize you don't need to be there to be in tech. say goodbye to ridiculous home prices.

[Anonymous No.10417305]

>>10417263
not for long. T R A D E W A R

[Anonymous No.10417306]

>>10416814

ASAP

[Anonymous No.10417340]

Once boomers die off and their 1ml dollar shacks aren't selling, we'll be able to move in with Bitcoins and buy a literal block of residential homes for 2 or 3 bitcoins.

[Anonymous No.10417397]

>>10417340
Your right about everything except the buttcorn part.

[Anonymous No.10417446]

>>10417011
Its part of the deal for forgiving our debt. They cant live here but we will let them park their money here for a bit while the world falls apart. Were entering the great transition now. Big things are coming in the next few years.

[Anonymous No.10417456]

>>10417397
Bitcoins will be the saving grace during the impending housing crisis. If you don't think what I said is even a possibility, you'll never make it.

[Anonymous No.10417494]

>>10417456

Yes, Bitcoin will be way higher when the real estate market crashes.

[Anonymous No.10417500]

>>10417456
There will be so many retarded bleeding hearts talking about how you can't live in a bitcoin. They'll keep people from getting in early enough to not get double rekt by the volatility.

[Anonymous No.10417586]

>>10417456
Why not gold or utility stocks? Crypto isnt the only safe investment.

[Anonymous No.10417645]

>>10417500
At this point, it will not matter. The media will have already been shilling satoshis, not bitcoins, because Bitcoin will have been too expensive for the average schmoe. Did you know the minimum reservation for the ETF is 25bitcoins? You do now. Once BTC achieves 100K, the hardest part for us will be not selling on its way to 1ml, 2ml, etc.

>>10417586
Because stocks and the stock market is a joke. And gold has been abused as well. The only items that will have value when the transition occurs are decentralized assets. Stocks without a doubt will be worthless. Gold will still possess value, but nowhere near what the Bitcoin will achieve.

[Anonymous No.10417681]

>>10416814
sell it for btc! thank me a year later!

[Anonymous No.10417719]

>>10416814
I'm getting quite excited... I'm ready to buy up properties again on the cheap and rent them all for more passive shekles, and likely eventually flip them near the top depending on the ROI and opportunity cost. If its anything like buying in 2008/9 it will be glorious.
t. Fourth generation slumlord with a masters in finance

[Anonymous No.10417799]

>>10417456
Tell me who will buy your worthless bitcoins ocne the financial market hits the bottom? You srly think Pete the farmer will buy via a wallet and hide his private keys? You srly think institutions will care? Banks will be executed via bail ins. GV doesn't care about it. Literally nobody will buy into it.

Right now bitcoin is 130B and shows how fucking tiny it is and only NEETs are behind it with some rich boyos who are in for a quick buck.

Bitcoin went down 80% from its ATH and is volatile as fuck. There is literally no reason to think that ppl would flee into bitcoin in a financial crisis.

>Inbefore ppl talk about cyprus

[Anonymous No.10417827]

>>10417799
you dont even understand how wrong you are

[Anonymous No.10417829]

>>10416814
sell now, you have 2-3 months at the most

[Anonymous No.10417843]

>>10417645
But its been 11 years and theres still no use case. No one seems to care anymore.

[Anonymous No.10417938]

>>10417799
It'll be a decentralized currency speculation attack executed by offshore money that needs to repatriate into a store of value before inflation kills it. No government can stop it and it only takes a fraction of the holders of that money to start a stampede.

You are honestly thinking too small anon. Lift your gaze and see the system as it is. A huge numerical representation of productivity and future productivity(debt) has been sequestered because its use would destroy the global reserve currency. This money needs to either be forgotten and forgiven or it can take this previously unavailable opportunity to flow into a medium where it becomes usable without being useless. It's a prisoner's dilemma and

Pete the farmer is not a player. Pete the farmer is a bystander who ends up in a picture/video archive that future look back on and feel sad about.

Most of us are just hoping to squat a few coins and profit off this untenable situation.

[Anonymous No.10418044]

>>10417938
the chinks are just buying condos and shit. they dont even care if the value drops because its still less than if they would have left their money in china. they will just landlord for the next 30 years if they have to.

[Anonymous No.10418082]

>>10417210
>hancock park

Literally my goal. How is it? Dont nogs from the south come and try to rob your neighborhood once in awhile?

[Anonymous No.10418101]

>>10416814
I just bought recently I'd never sell for less than I paid so w/e will stay here as long as I have to.

[Anonymous No.10418224]

>>10418101
nice, buying the top again. classic biz, buy high, sell low. hodl, amirite?

[Anonymous No.10418292]

>>10417938
>A huge numerical representation of productivity and future productivity(debt) has been sequestered because its use would destroy the global reserve currency.

What are bail-ins. Check out the last US jurisdication, they are ready to hard reset. And everything will start from the beginning,

>It'll be a decentralized currency speculation attack executed by offshore money that needs to repatriate into a store of value before inflation kills it. No government can stop it and it only takes a fraction of the holders of that money to start a stampede.

There is no need to stop it, because it will stop itself. Decentralization (even tho it is fake) will always be less effecient than centralized ones. The missing hiNobody can and will be able to use bitcoin as a daily mean of payment, thanks to its deflationary nature and its volatility.

I know, you and me, everyone else is in crypto for the qucik buck. No need to cope with shit like you are doing. Tech whise nothing changed -10 ears of developing and still no scability solution. No meme project is decentralized anymore, therefore private blockchains will be better once again.. And GV's will just implement their own blockchain fiat once everything is ready to go.

Nevertheless I reco. hedging for whatever outcome it will take.

[Anonymous No.10418306]

>>10418101
>been living in my house ~10 years
>still hasnt recovered from the 08 crash
sometimes things never recover

[Anonymous No.10418603]

>>10418292
Correct me if I am wrong, but bail-ins just liquidate bond holders before the tax payers. It's just a band-aid on the derrivative problem where an unknown amount of debt is currently hidding that, if realized in USD, would destroy everything. I think the point is that people will begin to unravel this trillions in derrivative assets into BTC because the network has the ability to represent and use a potentially unlimited amount of future productivity unlike a government issued currency.

[Anonymous No.10419316]

>>10417018
Most of the money in the Canadian market is cashouts from the top shuffling around the middle segment and millennials FOMOing into wash traded condos. It's all a futile effort to support land prices now that the asian money is leaving and there is not enough liquidity in the market to support the similarly inflated material, building, permitting, and community enrichment costs. The market is stalling extremely quickly.

Catalysts for freefall are:

Spring 2019: NDP government of BC starts a corruption inquiry and toughens legislation.

Fall 2019: federal parties campaign on demand-side housing affordability and a party pushing that platform wins the federal election.

Without a freefall, it's still going to drag and weaken.

[Anonymous No.10419378]

>>10418603
You are on point.

Everything happening right now is just to stall and control the fall because self-interest does not allow for the global coordination required to walk it back. Virtual and stable and trustless scarcity is here.