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/biz/ - Business & Finance

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25031356 No.25031356 [Reply] [Original]

Is this bitch right about housing about to enter the biggest bubble in history?

>> No.25031400
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25031400

>>25031356
M A N
A
N

>> No.25031415

>>25031356
Yeah I get all my finance news from tiktok ngmi

>> No.25031418

>shutdown economy
>people lose jobs
>people don't have income
>have to dig into savings if any
>stop paying bills because no money
no, definitely nothing catastrophic going to happen here
not a single one thing

>> No.25031446

Fuck..

>> No.25031482

I will finally be able to join the landlord class and rent for housewife bjs

>> No.25031488
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25031488

>>25031356
>2,473,999 bytes
>to convey 600 bytes worth of information

>> No.25031505

>>25031356
shed be hot if she lost 60lbs

>> No.25031573

>>25031356
it's going to be glorious. Imagine hearing about Steven 5x in CrYpToCuRRenCY on twitter/facebook/tiktok/insertshitmediahere so that he's buying a home. FuCkIng JUicY GAinS

>> No.25031581

>he didn't know we have been in a bubble since 2008

Yea, it's going to pop but only when the actual banks start to fail (unless the government steps in before that).

>> No.25031593

That's a man and he has a very solid point. I can't believe how many people just stick their head in the sand about this stuff

>> No.25031667

>>25031505
She looks like Martin Shrekeli.

>> No.25031685

>>25031593
My mom was planning on selling her house, should we do so by March?

>> No.25031785

>>25031685
Post her tiktok.

>> No.25031786
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25031786

>>25031356
Yes. Buckle up

>> No.25031836

its called common fucking sense and its happened in the past many times, Spain being one of the easiest examples back in 2008 because most of their economic growth was mounting literally on a construction bubble

>> No.25031845

So when would be the best time to buy a home? Currently living with my parents again since my job close their office for 6 months so I've been saving for one with work and crypto gains.

>> No.25031914

>>25031593
homeowners have no reason to care
rentoids have no understanding of even the most basic financial concepts, which is why they're not homeowners
landies are not gonna talk about it because the less people know about it the more money for them

>> No.25031918

>>25031845
When everything hits the shitter, you'll know when it happens. Save your cash, build your credit, and get ready to buy.

>> No.25031922

Should I hold off on buying a home? And for how long?

>> No.25031930

>>25031581
>>25031593

But is the current bubble going to pop, or will it do what she says and go into a much larger bubble?

>> No.25031939

>>25031845
don't buy a home first thing when you have money. rent to own. keep your freedom and use the capital you have to start some sort of business or keep trading it until you have like 10 mil.

https://www.youtube.com/watch?v=O9keQagt350

>> No.25031940

Everyone says that about housing but its seems like it never seems too matter too much.

>> No.25031982

>>25031930
I don't think you understand what a bubble is.

>> No.25032022
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25032022

>>25031940
>

>> No.25032103
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25032103

>This ugly ass dyke/tranny is trying to red-pill retarded normies

What a waste of time, kek

>> No.25032111

>>25031982
Faggot I know what a bubble is, but that isn't the question. The question is more where the top of the bubble is.

>> No.25032158
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25032158

>>25031356
>About to enter

Hello, we have been doing this since 2009.....?

>> No.25032175

>>25031939
This, unironically. I'd rather invest 50K than invest and lock myself down. Unless I have a guaranteed mid six figure job or own a small business, there is no point in buying vs. investing starting out.

>> No.25032196

>>25031918
I really hope the next five years of my career goals line up with the housing market crashing. I plan on buying a house as soon as I can, but I'm going back to school for 3 semesters so I can finally make 6 figures

>> No.25032227
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25032227

>>25031482
I don’t know about you all... but because of Corona this is the first time since college that I’ve felt alive. I have lots of XLM and been waiting for something like this to happen for 5 years. The point where things get so bad that 1 stellar lumen will buy me a blowjob from a formerly well to do housewife and her 18 year old daughter at the same time. I’ve been waiting in the shadows laughing at these cuck husbands who buy their wives range rovers instead of buying XLM... knowing that I’ll be face fucking their wives mouths for the 0.7$ it cost me to buy that stellar lumen.

Just yesterday at Whole Foods I seamlessly entered into conversation about Corona with a roastie milf that had a ring on her finger in the water aisle... and I said this is all a cover for trump to bring us back on a stellar standard. She started looking at me in amazement like she wanted me to paint her lips in cum. At the end of the conversation I’m like take my number l have plenty of lumens and freeze dried food if you ever need it and she took it from me

>> No.25032235

Why would anyone post this in a fucking tiktok format? Any bigger wanna transcribe this shit? I'm not looking at this dude's face for 5 minutes while words fly across the screen slow enough for an infant to read. Jesus christ I hate tiktok.

>> No.25032315

How is renting a good idea faggot? Literally wasting money.

Down payment on a house and pay down loan. 4% return for the place you sleep and shit in.

Fucking math 101

Don't sell during a market down turn. Don't over leverage your self like a fucking spastic.

Have an emergency fund. Live with in your means and invest the rest.

Renting is how niggers stayed poor.

>> No.25032322

>>25031356

yes, i think most people view housing like a bond alternative. So as bond yields continue to fall, housing price will continue to rise

>> No.25032367

>>25031667
you have facial dyslexia

>> No.25032394
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25032394

>>25031356
> paid off my modest townhome with 2017 crypto gains
> wanted to quit working and be a neet living leanfire lifestyle
> GF got cats and now wants a house
> first house, made an offer for $11K over, winning offer was $15K over
> another house an offer for $30K over, winning offer was $66K over
Barely any houses on the market because boomers are not doing showings because of covid and others not selling houses because of forbearance laws. every cuck like me having a bidding war for the limited supply. with all the boomers who need to downsize and unemployed wagecucks who can't pay a mortgage, this will come tumbling down sometime. I feel like I got lucky, not only did I avoid buying at the top of a bubble but the mortgage money is in all in crypto and I can now pay about 33% of the house and hopefully pay it in full and have Bitcoin left over if this is a bull run like 2017

>> No.25032396
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25032396

>>25031482

you can get a bj for $200, why give up thousands of dollars of rental income for it?

>> No.25032415
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25032415

>>25032235
Fuck it. I'll do it so nobody else has to see this shit:
>Hey I'm a tranny
>I work in housing department for niggers
>Foreclosures coming because niggers have no job or money
>Chinks will buy cheapies a d price niggers out of housing
>Homes will be empty but Chang is betting on that even if he loses money

There. Saved you the watch. Nobody fucking click OP's video. I feel sad I even watched that, it was the most midwit take on a situation that anyone above room level IQ already knew. You don't need to work in housing to fucking see this.

>> No.25032418

>>25031356
>about to
I hate belonging to the same generation as her

>> No.25032438

>>25032227
kek

>> No.25032501

>>25031356
It seems like a massive glut of housing coming on the market would cause the price of housing to fall, not rise.

>> No.25032634

Will we see interest free house loans?

>> No.25032638

>>25031918
This but I'd rather save in precious metals and crypto

>> No.25032673
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25032673

>>25031482
I got a gf who is 46 and I'm 22, I fucking love my mummy gf right now.

>> No.25032676
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25032676

>>25032501
yeah that's because she's stupid and thinks that the phrase means the exact opposite. she probably heard "GFC" and "housing bubble" in the same sentence once and automatically assumes that the housing bubble "happened" when the GFC happened. what a fucking midwit

>> No.25032759

>>25032227
I like your energy even if I disagree with you

>> No.25032780

>>25032227
nice blog faggot

>> No.25032805

>>25032634
>interest-free

Can you relax with the antisemtism?

>> No.25032847

>>25032501
I think what she means is that in the glut of new houses on the market and nobody being able to afford them (except us), means that investors will buy it up, meaning it will be investors vs investors which may cause the hike in price since they can afford going 200% over auction price . This then raises property values and the ones in the future selling their house will make a pretty penny just like before the housing crisis.

>> No.25032908

>>25032676
You only realize its a bubble when the bubble pops. It is not a bubble before that.

>> No.25032919

Hope I can scoop up some cheap houses over the coming years

>> No.25032973

>>25032315
Problem is that banks don't want to give out loans. My senpai owns two homes one we live in and one we rent out. Other day went to bank to get prequalified cause we found a home in a better area and bank refused the loan.

>> No.25032974

>>25032780
back to >>>/r/eddit newfag

>> No.25033040

>>25032908
It may not be recognized by most to be a bubble, so you're right in that sense. But it's still a bubble.

>> No.25033090

>>25031356
This girl is a fucking idiot, first of all a housing bubble means prices unrealistically inflate.
If people buy up the forclosed houses then the market doesnt crash unless there is too many on market than people will buy. Third these houses arent fucking empty, rentals infact allow people to live there who can actually afford their outgoings and arent saddling themselves with debt. You see people moaning about how they are getting taken advantage of by landlords all the time, well at least renters dont get fucking forclosed on

>> No.25033116

>>25031356
No

>> No.25033119

Basically this will be packaged as "Uber" for shelter. Thre will be a big corprate app called "iCucked". Which let's YOU get cucked, YOUR WAY. It's easy. Just download the app and put in your personal information. Our system automatically matches you with a landlord to get cucked by. Offer up collateral in the form of fiat, crypto, or your wifes first conception. Easy. Fast. Simple. iCucked.

>> No.25033146
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25033146

>>25032501
poor/middle class people will lose their homes because of the recession when the gibs end
during this period only rich people will be able to buy houses who don't buy them to live in but as an investment, so unlike the poor people they bought it from, they will not be forced to sell them at a loss
so when the economy recovers, new homeowners will be forced to spend more money becuase they now have to buy it from a rich investor who are not in a rush to sell because of reasons unrelated to turning a profit (moving to a different state, moving together with wife, etc.)
and because of the shitfit rentcucks are throwing right now many of these investors might decide that renting out the homes is not even worth the trouble so they will literally stay empty

>> No.25033203

>>25031356
Why the fuck would the housing market crash? I refuse to accept the possibility that rich people would give the middle class an opportunity to buy land in 2020.

>> No.25033212

>>25031356
>these people who currently live in the houses won't be able to live in houses anymore
>this means the real estate prices are going to rise

i think she means "we're about to see a HUGE housing bubble-pop" and is just retarded?

>> No.25033254

>>25033212
that is what she means (I think)

>> No.25033384
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25033384

>>25031356
https://www.youtube.com/watch?v=_RRyniZG0Jo

>> No.25033590

>>25033212
>>25033254
It could be something like a flash crash that all the rich capitalize on to snatch up real estate then pump it into a new ATH bubble

>> No.25033596

>>25031482
>>25032396
a whore bj has less value than an upstanding housewife bj

>> No.25034127

Housing in the USA has been very underdeveloped for a decade since the recession. If you don't buy it, some Chinese slum Lord will buy it and rent it out. The housing market is far from its peak. Select areas will be under pressure. Condos, NY/LA etc. But they will more than likely come back with some time. It's always a good time to buy land

>> No.25034221
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25034221

>>25031356
i bought my house in spring this year, ive gotten offers to buy it from other people. people literally cant find a place to live lol

>> No.25034345
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25034345

>>25031356
>realize I'm actually an investor with lots of money this time around
>can finally buy up homes and become part of the landed gentry.

>> No.25034553

>>25032673
Dangerously based

>> No.25034619

he's a dipshit and doesn't know what he's talking about. housing supply is short and an eviction wave, if it even comes, will be absorbed by demand. if housing prices were already elevated and in a mania, and consumer purchasing power was as stretched as it was in 2009 and interest rates were high, and if the solvency of important institutions was reliant on the value of mortgage backed securities, then maybe there would be a problem.
this dude is stupid as fuck, they think they have a wide field of vision but they fucking don't, they just have a focused view of a small subsegment and it's shit, but that's what he's fed, his job is looking at financial delinquencies and there are ALWAYS those. he's just trying to get attention by aping sympathy and concern when it is in vogue to show you care about indebted retards.
btw

>> No.25034776

She would be right under normal circumstances, however we live in clown world and under clown rules, the fed will bail everyone out with tons of funny money to ensure that the jobless homeowners stay in their house and the banks get paid, and everyone else gets buttfucked

>> No.25034814

Is scraping together what I have and buying a $120,000 condo worth it or does that not even count as owning property?

>> No.25034843

>>25032103
Lol this. At least she tried, I guess.

>> No.25034938

>>25032227
Truly unwell but i’ll be damned if it isn’t based and ape pilled.

>> No.25035029

>>25031356
There's a period of six months before someone can declare default on a loan, banks will first try to renegotiate terms and all that stuff.
I think the real shit will happen on Q3 2021.