/biz/ - Business & Finance

[Anonymous No.27599788]

What's the residential housing market looking like over the next 18 months?

[Anonymous No.27600168]

i think it depends on the area. i have people literally walking up to my door and ringing the doorbell asking if i want to sell my house. it's kind of obnoxious considering my house isn't even on the market

[Anonymous No.27600386]

>>27599788
(good) supply is still short overall. Demand will be high this spring/summer - but less emotional buying than we saw last year.

Prices therefore are up, but interesting to see how many foreclosures emerge and what that will do to inventory.

New build is more expensive than ever. Good homes had a lot of money put into them last summer; people stuck at home reinvested in their house - new pool, fence, updated kitchen etc.
Of course, take your local market into consideration, but overall, will be a sellers' market.

[Anonymous No.27600580]

Good time to sell, bad time to buy

[Anonymous No.27600602]

Smokin... WFH sticks even when covid fades. People realize how shitty apartment life is when you are home 22 hours a day. Boomers also want to lock in low ass interest rates for retirement cause they don't fucking trust anyone anymore.

[Anonymous No.27601421]

>>27600386
>but interesting to see how many foreclosures emerge
That's the biggest variable in this whole thing for me. I don't know how long they will kick this forbearance thing down the road.

[Anonymous No.27601647]

I wanna buy but these prices are fucking retarded.

[Anonymous No.27602221]

It always depends on the area, anon. LOCATION LOCATION LOCATION.

If you're thinking of buying just buy. If you calculate out potential gains from waiting for a reasonable dip (like 10% if you're lucky) it's not worth it at all compared to the rent you'll be paying. Just make sure you buy the right size house for you in a "good neighborhood" and you'll be fine.
http://racialdotmap.demographics.coopercenter.org/

[Anonymous No.27602583]

>>27600168
I have people texting me every few weeks asking if I'm the owner of my house and want to sell. It's already up over 100% from when I bought it and I'm renting it out for a good amount I figure they want to do some renovations and flip it but I just tell them no. Eventually I'm going to tear down the house and rebuild a nice little retirement house for myself with a wizard tower library for a view of the bay nearby.

[Anonymous No.27603394]

>>27602583
holy shit are you me? are you in miami? that's literally my plan.

[Anonymous No.27603925]

>>27603394
Nope, completely other end of the country, across the sound from Seattle. It's built on the side of a hill and just barely already has a view but there are trees blocking it. If I added two more floors of height it would have a clear view. The plan is to have a basement garage with access from the rear of the property, then have two or three floors with access from the uphill front side of the property for guests, then finally the wizard tower with the bottom part having my little computing center and the top part having the library with huge windows and lounge seating for comfy reading. There's also room for a pretty good permaculture garden in the back once I set up a good stone retaining wall. Once my crypto pays off and I'm financially set for life I'll spend a few years getting the house perfect.

[Anonymous No.27604087]

It’s going to depend on the interest rates.

[Anonymous No.27604226]

>>27604087
But is Yellen willing to pull that trigger?

[Anonymous No.27604472]

>>27602221
I hope they don't fucking cuck out and not make a 2020 one because MUH RACISM. I reference this map for so much shit.
I've even been submitting false sob stories about how this map helps me fight institutional racism and bullshit during their simping to the public to share their stories on how the map helped their lives

[Anonymous No.27604501]

>>27603925
yeah my house is super small now but on a great piece of land, so just eventually going to rip it down and build a comfy hut to die in.

>>27604087
do you really think they can raise interest rates right now? that would completely fuck their fiscal policy programs lol

[Anonymous No.27604598]

>>27604087
interest rates will literally never go up

unironically more people will begin to trust DEFI over rigged traditional systems. Why bother chasing tenants around your overpriced shitbox when you can get 10% return for little risk on the open market? This will take at least another cycle to play out but the Fed's ability to manipulate rates has been supplanted by the free market. Once that gets priced in homes will sink like a stone

[Anonymous No.27604685]

>>27600168
>I'll Give You $100K For It CASH IN HAND TODAY

[Anonymous No.27604870]

>>27602583
put a trump sign on your lawn

[Anonymous No.27605061]

>>27604087
Didn't Powell say that rates are going to stay at 0% for at least 3 years?
Not that I expect that to be written in stone, but barring a strong post-COVID recovery in the near future I wouldn't expect it to change. Rising rates would (eventually) be good, but sub-zero rates would be a death knell.

[Anonymous No.27605186]

>>27604472
Nice, I use it a lot too. Recently I used it for house and apartment hunting and managed to get a good, low crime area. Unfortunately I fucked up and managed to get in the apartment building where all the blacks live, fuck me. Still it's pretty stable and I haven't had a home invasion yet so I'll stick it out to the end of this contract before I move to a 90+% white area. I'm very eagerly awaiting a 2020 map but I'm pretty sure the govt haven't even finished collecting all their census data yet, let alone started processing it.

[Anonymous No.27605194]

>>27600386
>New build is more expensive than ever.
Why? I thought it was more or less same as buying used

[Anonymous No.27605774]

>>27605194
Are you joking?

[Anonymous No.27605930]

>>27603925
fuck me m8 that sounds cozy as hell

[Anonymous No.27606175]

no one wants to move with the pandemic going on , also with the foreclosure moratoriums there is no forced selling, in addition there's little new inventory due to shutdowns, this has resulted in a very tight market when it comes to supply side and low interest rates + the work from home situation and people leaving cities has resulted in much higher prices in some areas but much lower sales volume, hopefully after the vaccine is distributed and covid ends plus the evictions start we will see a pull back in prices, might be a good idea to sell now and then buy back in 6 months or so.

[Anonymous No.27606325]

>Denver, Colorado
>A shitty middle-class house built right up against neighboring houses is $700,000.
>junky apartment with people above and below is $400,000
Pure Hell. Wealthy boomers and foreign investors need to be banned from all housing markets in the US.

[Anonymous No.27606893]

>>27603925
>I need a view of the freezing cold bay
what mental illness is this

[Anonymous No.27606906]

>>27606325
Also, hang all Californians.

t. Denver

[Anonymous No.27606989]

>>27606325
Based out of Denver myself. Buying here is hell on earth. I'm moving to salt lake city to get away from this bullshit.

[Anonymous No.27607242]

once people start getting evicted, expect a large buyers market to open up. I'd hold for now if you can, and wait to buy.

[Anonymous No.27607703]

>>27606989
My friend just moved there three years ago and loves it. He says only thing that sucks is California people coming, he used to live in Colorado.

I live in Miami and we're starting to get the techbros also. Techbros are the worst. Bunch of faggy liberals that think everything can be solved with their gay technology - end up running around the city slapping QR codes on homeless people and teaching prostitutes to code

[Anonymous No.27607748]

>>27606893
I like water. I like seeing big ships go up and down the sound. It's comfy. It's not like you can feel how freezing cold it is from the top of the wizard tower anyway.

[Anonymous No.27608360]

>>27607242

which people? and are they the same people who own their own house?

[Anonymous No.27608472]

>>27607748
the wizard tower is a great idea. any inspo?

[Anonymous No.27608754]

>got an awesome house as part of an estate for $250k
this thing is going to fucking print money, already added $50k of value for like $20k thanks to handyman FIL. private back yard, near a lake, outside a growing city I'm so comfy bros

[Anonymous No.27608845]

>>27608360
I’m skeptical that there’s going to be some big foreclosure crisis again. My area wasn’t even that affected in 2008-2010 and there’s still a huge demand for housing and a supply shortage.

[Anonymous No.27608856]

>>27608754
Nice! My girls parents are investors with section 8 houses so I can be a slumlord when they die.

[Anonymous No.27609041]

God dammit I should’ve just not gone to college and bought a house with that money now I’m stuck with a shitty wage and will probably NEVER be able to buy a house in Texas because California refugees and Indians are scooping up fucking everything fml man I just want a house a hate apartments

[Anonymous No.27609165]

>it's gonna crash, any day now!!!!

gave up on this line of thinking after 5 years of waiting, won't happen until foreclosures start surging again and there were hardly any in 2020, contrary to popular belief

[Anonymous No.27609245]

>>27609165
>there were hardly any in 2020
Wasn't that illegal most of the year?

[Anonymous No.27609451]

>>27600168
Just got started house hunting last week and the RE agent said 7/10 of her sales in the last 2 months were cold calling people and asking how much they'd sell for.
>I'm so fucked

[Anonymous No.27609540]

Probably prices will be higher but it will have cooled down

I bought a house in Austin Tx in 2018. It was a brand new build in a central neighborhood where the houses are either worth over a million dollars, 700000 70s homes that are still in good shape, and junky bungalows. Most of the bungalows are being torn down to build the new million dollar homes, which was done for my house. I feel like I made a mistake buying my house, it’s technically a condo since the developer turned the lot into two houses and I got the smaller B unit house. I constantly feel like I fucked up and I should have either bought a junky bungalow with the whole lot and fixed it up or payed extra for an older house that was bigger. I’m probably gonna chill here for 5 years and try to sell it, but it might be a hard sell.

[Anonymous No.27609581]

>>27599788
bout 2 oz of gold for one decent sized family house

[Anonymous No.27609806]

>>27606325
>>27606906
>>27606989
some of the worst new houses coming out of the growing suburbs are those cubic houses with all the balconies. People are falling for this scam that is 4 walls of raw building material. Nothing being build in Denver right now will last 2 decades

[Anonymous No.27609958]

>>27609245

No that was evictions I think

[Anonymous No.27609991]

>>27609540
Hyde Park?

[Anonymous No.27610179]

>>27608856
based slumlord anon

[Anonymous No.27610250]

>>27609806
Oh I didn't realize that house was built out of literal fucking shipping containers

[Anonymous No.27610266]

Is it worth buying if all I can afford is a 2/1 condo?

[Anonymous No.27610274]

>>27609540
S. Lamar?

[Anonymous No.27610287]

>>27609451
part of the problem is interest rates are at 0 so every poorfag is getting a mortgage on some megahome

[Anonymous No.27610320]

>>27609806
They built one across the street from me. 4 units starting at $700k. They are an affront to everything and everyone.

[Anonymous No.27610344]

>>27609540
Condos are pretty shit, you might be okay depending on the location

[Anonymous No.27610385]

>>27599788
We need to break up Real Estate Management corporations and foreign purchase of land/real estate from investors who don't even fucking live here or plan to move here or it's fucked forever until we take houses back by force
Real Estate is probably one of the dirtiest things to corporatize and capitalize on, benefits no one but those who do it, and history shows time and time again landlords get the rope eventually, you can only make your living fucking over the common man out of his place of shelter for so long
Should've been smarter with your money, I'll have no sympathy when the hammer drops on you kikes/boomers/chinks for gatekeeping the housing market for profit

[Anonymous No.27610412]

>>27610320

neolib Millenials will accept anything forced on them

[Anonymous No.27610427]

>>27609991
Allendale/Brentwood

My house looks like all those new cube houses you see being built. I bought my house super young with no guidance and no research on my end, it was kind of a quick thing cause I had to cancel my lease in a month. I really like my location but I don’t feel super happy with my house. Maybe if I bought an older one I’d complain about the problems it has, but I’d rather just fix those up and get more appreciation on my house

[Anonymous No.27610466]

>>27610287
I'm just trying to get into a house before my kid is born, because the place I'm renting right now is pretty bad. Weirdly enough in TX it's more expensive to live further from the city, which sucks because we love the area we're in. But literally everything under $400k is an empty lot or a condo.

[Anonymous No.27610484]

>>27610385
Welcome to the Georgism my friend

[Anonymous No.27610523]

>>27610427
Not my house just an example of what it looks like

[Anonymous No.27610540]

>We need to break up Real Estate Management corporations and foreign purchase of land/real estate from investors who don't even fucking live here or plan to move here or it's fucked forever until we take houses back by force
Real Estate is probably one of the dirtiest things to corporatize and capitalize on, benefits no one but those who do it, and history shows time and time again landlords get the rope eventually, you can only make your living fucking over the common man out of his place of shelter for so long
Should've been smarter with your money, I'll have no sympathy when the hammer drops on you kikes/boomers/chinks for gatekeeping the housing market for profit

[Anonymous No.27610604]

>>27610385
who are you talking to, anon?

[Anonymous No.27610645]

>>27610427
The thought of your monthly property tax payment makes me shudder desu

[Anonymous No.27610730]

>>27610427
You’ll be fine anon, Austin TX will be the number 1 destination in America by 2030, even more so than LA and NY you’ll have struck gold in hindsight

[Anonymous No.27610774]

>>27600168
That's pretty fucking cheeky. We get leaflets in the letterbox from estate agents saying how it's a good time to sell. Yeah it' always a good time form the estate agent's pov

[Anonymous No.27610804]

>>27610540
This. The absolute state of chinks.

[Anonymous No.27610817]

>>27610466
yeah, that's because interest rates are inflating a housing bubble. sucks for regular people that just want a place to live and raise a kid.

[Anonymous No.27610910]

>>27610540
Wojack reddit nigger spotted, explain one good fucking reason people who aren't citizens and don't even live here should be allowed to own land and buildings in our country, because it's not like we're allowed to buy or own land in theirs

[Anonymous No.27610923]

>>27610427
eh, there will more than likely be a greater fool to come along and take it off your hands for more than you paid for it. especially if the city continues growing and attracting the type of people it currently is.

[Anonymous No.27610935]

>>27609806

they build some riverfront cubes here but the river is full of trash

[Anonymous No.27610956]

>>27610730

Retards are going to Californify Texas, like a dog returns to its vomit

[Anonymous No.27610974]

>>27610540
>implying you necessarily have to fuck over tenants as a landlord
Look man, I can understand why you hate the game, but if I can make money with real estate while also being less of a kike than someone else would have been, it's a double win for me.

[Anonymous No.27611062]

Not renting a house and never having to be burdened with being attached to the money heap that is owning and constantly requiring work, upkeep and maintenance.
>b-b-but its a good long term investment
No faggot thats just what the jew banks tell you so you can be indebted to their usury sins and pay for an extremely expensive home with money you don't have over the next 30 years

[Anonymous No.27611066]

>>27610817
yeah and it mega sucks because I could move back to my shittier state of birth and buy an actual mansion, but the schools are terrible and there's 0 jobs paying what I'm making here, which isn't enough to buy anything remotely nice.

[Anonymous No.27611255]

my shitty post manufacturing hometown in Ohio saw 11% appreciation last year, that's how you know shit's gotten fucked lmao

[Anonymous No.27611284]

>>27608472
Not really, just like a round tower with windows all around and big pane glass windows to look out. I figure the center would have a spiral staircase and the bookshelves would surround that in the center leaving the wall free for seating and windows.

[Anonymous No.27611309]

>>27609806
>>27610250
God I'm glad I'm moving to slc, I'm done with this cheap hipster garbage that's hyped about recycling and charging me through the eye socket.

[Anonymous No.27611316]

>>27610645
My house was 400,000 so I paid like $7,400 this year. My neighborhood tax rate isn’t as bad actually, I have a friend who’s house is $340,000 all the way in a super far suburb and she paid $8,400. Really taking in consideration my salary and the fact that Texas has no state income tax, I’m getting taxed less than if I live in any other ‘tech’ city

[Anonymous No.27611393]

>>27599788
Going up.

[Anonymous No.27611455]

>>27610956
Yeah, I already see so many libs moving to Austin and changing the vibe of Texas. My family has been in Texas since the 1800s, so it’s a shame that the culture is changing to quickly

[Anonymous No.27611549]

>>27599788
there's no way this current bubble is sustainable forever. but will it pop in 18 months? no idea. in 5 years or less? i think so, like 90% sure.

[Anonymous No.27611571]

Purchasing right now is for retards. The market still hasn’t corrected itself from 08’. This covid shit should shake it all out. Boomer landlords are bleeding to death with this eviction shit wait till they go belly up and watch what happens to prices.
t. BofA post closing RE

[Anonymous No.27611584]

>>27611455

The mindset is a disease. I feel like its inevitable wherever there is prosperity.

[Anonymous No.27611613]

>>27611316
I'm trying to buy in the same price range near lakeway and there just isn't the inventory available in my price range. Found a decent (kinda shitty) place on arrowhead point for 375k but before I could even schedule a tour it rose to 450k, which it was not worth to me.

[Anonymous No.27611687]

>>27611571

>durr hurr I'm an RE insider
>also I think the landlord MFH market correlates well with the private SFH market

[Anonymous No.27611701]

>>27600168
I'm in Washington DC and this is a constant pain in the ass.

[Anonymous No.27611709]

>>27611066
yeah same. my house is 1500sq.ft and I get offers for 1.3 million for it. the location is amazing (literally on an island, but on the inside not on the water, the water ones are like 17million). If I spent that back home I'd have an awesome house, but, here is where the job is. *shrug*

[Anonymous No.27611759]

>>27610817
>sucks for regular people that just want a place to live and raise a kid.
that is (((their))) goal after all, unless you're a nigger or spic

[Anonymous No.27611867]

>>27611584
Based and truthpilled. Strong men create good times, good times create weak men, weak men create hard times, hard times create strong men, etc.

[Anonymous No.27611935]

I built a pretty decent house 2 years ago for around 300k. Walkout ranch with 1500 sq ft on each floor, 3 car garage, stone all across the front, all the bullshit you think you need like granite countertops. Houses like that are now 450k on a lot thats worth about 60k. And those houses are built by builders who cut every corner they can. Construction guys are making a fortune

[Anonymous No.27611945]

>>27599788
depends on whether you think fiat has any value
Biden admin will be pumping infinite cash into the system, so everything will be increasing in price
but the dollars you're trading your valuable house for will be worthless within a few years, so act accordingly

[Anonymous No.27612035]

>>27611455
>California Über Alles
Zen fascists will control you
100% natural
You will jog for the master race
And always wear the happy face
https://m.youtube.com/watch?v=GoA_zY6tqQw

[Anonymous No.27612068]

>>27599788
I was looking at homes yesterday and seething that in 2010 one was 340k and now its 1.3m, Toronto Canada of course.

[Anonymous No.27612094]

>>27611571
chinks will buy them all up

[Anonymous No.27612191]

>>27611867
The fucking californians move to TX to escape all the taxes and overpopulation and shit. Then they fucking HATE everything that makes TX so based, and bring along their liberal mindset of taxing the fuck out of everyone to create a welfare state. Plus there's homeless people every 20 feet sleeping on medians and under overpasses and shit. It drives me fucking insane. And if you disagree with them, you're racist or some shit. We literally had to cut some people out of our lives because they started telling people that ********'s fiancee likes guns and is racist and shit.

[Anonymous No.27612258]

>>27606989
>>27611309
Utah has been a shithole since like 2010 bruh
Either go up north to Logan or fuck off to "real" Utah which is everything south of the fucking valley.
t.former utahfag

[Anonymous No.27612408]

>>27611867
>weak men create hard times
by that logic california should have imploded decades ago
instead it's like 5th in the world for gdp and all the "hard men" working in the mines of appalachia are doing meth and fucking their sisters

[Anonymous No.27612420]

>>27611571
Man, then why is it 80000% a sellers market right now with tons of competition to buy a house? There are apparently plenty of people able to buy a house without thinking, and way more of them than there are supply of places.
You have to make like a fucking $20K above-ask earnest offer just to be competitive lately
>t. in the process of finding a house to buy

[Anonymous No.27612549]

>>27612191
All my liberal friends are angry at Abbott for opening everything up and they keep blaming the state for killing everyone

I’m glad Abbott is letting businesses and individuals make the CHOICE to go out and do what we want. It’s too late for Lockdowns to work, but my liberal friends don’t wanna listen.
All these liberals moving to Texas want to take away all our personal liberties for the sake of being politically correct. I’m not ready for when Texas turns blue

[Anonymous No.27612555]

>>27599788
>good. t. bad real estate agent.
>depends on what you want to do? invest buy or sell? t.good real estate agent aka me.

[Anonymous No.27612625]

>>27612068
i paid 250 for my home in 2010 and it's now 1.3-1.4m. lol. i'd say great but I can't sell because if I move I'd have to find something in the same area where i'd be paying the same insane prices, so it won't do me any good until i retire or something and can move out of the city

[Anonymous No.27612660]

>>27612408
it's not the farmers in the valley or the oilbros in bakersfield that are moving to other states, it's the guys that joined a startup and made millions and have a political cause as a hobby

[Anonymous No.27612727]

>>27612625
You could sell, rent, and wait for a crash. I think I would

[Anonymous No.27612776]

>>27612408

That is all thanks to tech and literally being one long coastline with tons of ports to Asia. Sheer profit seeking behavior, at cost of societal harmony. Sports the worst income inequality in the country and has people living in palaces living next to tent communities. Bleeding working class people hard. It's on a progression towards feudalism.

[Anonymous No.27612819]

>>27612420
>You have to make like a fucking $20K above-ask earnest offer just to be competitive lately
I know a couple that paid $50k over an $800k ask in northern Virginia. He told me
>it's only an extra $1400 a month over their current place
It took everything I had for my jaw not to drop. That's diverting your whole 401k contribution each month into a larger mortgage and more property tax.

[Anonymous No.27612832]

>>27612420
That’s because the industry didn’t learn from 2008 and is doing exactly what caused it again.

[Anonymous No.27612912]

>>27600168
My neighbor’s father did the same thing because we’re one of like three houses on the street that aren’t owned by that family.

[Anonymous No.27612942]

>>27612549
>I’m glad Abbott is letting businesses and individuals make the CHOICE to go out and do what we want.
It should have been this way the whole time in the whole country.

[Anonymous No.27612948]

>>27612776

and mind you, the current crop of Californians did not create this economy. Silicon Valley was created by red blooded white men decades ago when Cali was still libertarian. It turned hard blue after amnesty in the 90's and has been a rotting shadow of its former self since, once the glorious and beautiful idol of the world.

[Anonymous No.27613116]

>>27602583
>witha wizard tower
Exceedingly based. Fuck modern "archictecture" we need more towers.

[Anonymous No.27613227]

>>27612912
yeah the neighbor across the street wants to buy my house for his mother in law too, so got that guy texting me too.

[Anonymous No.27613423]

>>27613116
I tried to build a weird floor plan and I couldnt even get bids on it. Sucks, but contruction guys are so busy they wont fuck around with anything that isnt easy

[Anonymous No.27613430]

>>27606989
You do realize you're helping bring all that bullshit with you and SLC's topography is going to make it more fucked than Denver, right?

[Anonymous No.27613454]

>>27600580
>>27604087
>>27606906
>>27607242

These. I'm going to wait for the Forclosure and Eviction floodgates to open. People are going to realize that the limited supply, inflated material cost, hype, and bidding wars got them overpaying for their new homes.

Once this country experiences an ounce of hardship, they're gonna start missing payments and get thrown into the streets. That's when I'll come in with cash in hand.

[Anonymous No.27613465]

>>27610974
You can, sure. I know of rare cases where the landlord pegs rent to clear a certain profit. They're also willing to fix problems when they arise. That's because they want passive income and would like to protect their investment. Such rentals are coveted by renters and they will probably recommend the place to a friend when it's time to leave.

But for every 1 of them, there are 100 Jews and Chinese who raise rent $50-100 every year, neglect all issues, and do a bandaid 'remodel' every five years where they slap some vinyl plank floors down to cover up the disrepair. Not only do the expect unconditionally increasing profits, they leave the building to rot until all of these issues culminate into a disaster. They are extracting wealth to the detriment of everyone.

[Anonymous No.27613574]

Sounds like people want to be tits deep in property.. almost like the knowers know there's a massive inflation pump coming for the next couple of years

[Anonymous No.27613708]

>>27600168
I've gotten calls for people asking me to ask my mom to sell her house, lol.

[Anonymous No.27613842]

>>27613423
put in one of those tube elevators so when you get old your knees are okay with the stairs. they aren't that expensive to do

t. 35 year old boomer with old parents

[Anonymous No.27614004]

Housing is high, but commercial property is shit right now. I have a property Im going to have to sit on for at least a year. Im just glad its not office space

[Anonymous No.27614212]

>>27614004
Lmao can you imagine owning office space right now? Imagine getting cucked that hard.

[Anonymous No.27614253]

>>27611066
homeschool and work remotely, schools are shit, and telecommuting is on the rise

[Anonymous No.27614420]

>>27602221
damn. Looking at some of my old towns here is depressing. parts have just absolutely been invaded to fuck by hispanics, just drove everyone out. I guess thats why the crime rates have gone up in those areas.

[Anonymous No.27614493]

>>27614212
Where Im at there is a big office company that has been expanding for decades. They recently built a massive home office. Those guys have to be fucked.

[Anonymous No.27614592]

>>27613423
Oh really? Thats sucks ass, I would have thought there would be at least someone who specializes in weird stuff.

[Anonymous No.27614611]

>>27599788
The housing market will not see another hard crash like 2008. At least in our lifetime.

What people don't consider are the demographics. Boomers are living forever, and millennials are a giant group of people. We are just coming to the age of being able to buy a house. THERE IS A HOUSING SHORTAGE. Real estate is RED FUCKIN" HOT in several areas.

combine that, with massive inflation, historically low interest rates, I would consider it silly to hold out thinking you are going to get a deal.

[Anonymous No.27614755]

>>27614493
They’re totally fucked. Companies aren’t going to end WFH they’re just going to become more draconian about it. I’m lucky that my company doesn’t really monitor our activity so long as our work is good but I’ve been hearing horror stories about eye tracking software and shit they’re going to start rolling out elsewhere.

[Anonymous No.27614825]

>>27606325
I live outside Denver, but can't wait to leave

[Anonymous No.27614981]

>>27614611
Boomers will eventually die and their houses will be snatched up by foreign money because millennials cannot pay those prices. Then they will be rented out.

[Anonymous No.27615270]

>>27614755
My sister in law works for an insurance company and has been working at home since march. Their productivity has gone up. Turns out all the birthday parties and jerk off meetings were unnecessary. Now they are not sure what they are going to do. They own a big office building downtown that Im sure no one wants

[Anonymous No.27615397]

>>27614981
This. Chinks and pajeets will buy boomer houses and rent then to whitoids and beaners.

[Anonymous No.27615401]

>>27614755
>I’ve been hearing horror stories about eye tracking software and shit they’re going to start rolling out elsewhere.
Oops the camera had a smudge.

[Anonymous No.27615533]

>>27615401
The camera broke you'll have to FedEx me another one
>The camera broke you'll have to FedEx me another one
The camera broke you'll have to FedEx me another one
>The camera broke you'll have to FedEx me another one
The camera broke you'll have to FedEx me another one
>The camera broke you'll have to FedEx me another one
The camera broke you'll have to FedEx me another one
>The camera broke you'll have to FedEx me another one

[Anonymous No.27615587]

>>27614755
>have entirely separate personal + work computers
>shitpost/swing crypto/fap to hentai on the home PC
>do what little work comes in on the work PC
>physically block camera and disable internal mic on work PC just in case they hear me whacking off to Nekopara
feels good man.

[Anonymous No.27615589]

>>27614592
You can always just pay more to get a good contractor to focus on your project. Everything in life can be had for enough money.

[Anonymous No.27615744]

>>27615397
What about niggers?

[Anonymous No.27615838]

>>27615270
Yeah commercial real estate is going to be absolutely fucked as more and more companies shift large numbers of their office peons to work from home. Ironically rental meeting spaces will boom just as scams like wework go out of business. Eventually everything is going to be warehouses, delivery trucks, and wagies working from home and getting everything delivered.

[Anonymous No.27615881]

>>27614611
And yet you described the exact same conditions that existed before the last housing crash

[Anonymous No.27616028]

>>27615744
starve to death once welfare dries up

[Anonymous No.27616063]

>>27615587
Unironically this.

[Anonymous No.27616462]

>>27614611
There's lack of supply because A) current owners can't afford to buy a new house if they sell and B) builders aren't going to construct anything new if nobody can buy. Any supply is being snatched up by speculators and corporate investors.

[Anonymous No.27616644]

What are some good resources to study real estate? Like websites that keep track of stats and couch analysts on YouTube etc. Preferably something that focuses on leafland and burgerland. Not trying to become an agent, just want to understand what is going and how it relates to everything else. If Toronto is a money laundering haven for chink cartels, wouldn’t that mean Canadian politicians should be in line for guillotines assuming we lived in a sane world?

[Anonymous No.27616899]

>>27599788
Old townhouses will be $1,000,000 but Biden will give you a $5,000 grant for a down payment.

[Anonymous No.27616915]

>>27615533
Anon, this will have to come out of your paycheck. We will discuss this in our hourly check-in and roundtable. Shekelstein is NOT happy with you right now.

[Anonymous No.27617062]

Also, crossthreading here >>27611649
>>27611649

[Anonymous No.27617095]

>>27615744
Section 8 housing. Basically everyone will be renting or on the dole in the future. Even today’s homeowners will eventually be fucked out of their homes.
>”diversification” of their neighborhood to take the home value
>eminent domain to build more section 8
They have ways of making sure you own nothing.

[Anonymous No.27617158]

>>27615838
If housing keeps going up and office absolutely tanks, I would bet some investors would turn office buildings into condos. Lots of them are very well built with cool features like tons of glass and fountains in the lobby. I would like to get in on that

[Anonymous No.27617198]

>>27616644
>sane world
We don’t live in a sane world. Humans are irrational actors by nature.

[Anonymous No.27617220]

>>27616644

We live in a """democratic""" world where women have an ownership stake and say (51%). That's why we get passively fucked decade after decade.

[Anonymous No.27617313]

>>27617158
I’ve always thought it would be cool to convert an office into a house.

[Anonymous No.27617361]

>>27615397
its already happening where i live

[Anonymous No.27617630]

>>27599788
There is so much market demand right now I don’t see how even if everyone got foreclosed on there would be surge in supply for long enough to have any significant impact.
Seems like a total mismanagement of capitol be buying houses at these prices though

[Anonymous No.27617705]

>>27604598

Housing too strong and stable. Its not gonna sink like rock. Low interest rates.

[Anonymous No.27617923]

>>27599788
Like Hiroshima, August 9th 1945

[Anonymous No.27618020]

>>27613454
As a vegasfag, this is my idea too. Our faggy Gov keeps putting it off. We're toast. Personally, I'm just looking for a half acre undeveloped

[Anonymous No.27618097]

>>27615881
retard take.

[Anonymous No.27618245]

>>27599788
I know someone that works at an apartment leasing office. He told me about 20% of people cant pay their rent.
He was like
>All of these people are gonna have to file bankruptcy, I dont see any way out of this
kek, I think its more likely they just ghost the fuck out and force the landlords to hunt them down for small claims court.
I think this will ripple all the way up from renter to landlord.

[Anonymous No.27618679]

I have $140k cash, $80k crypto. I'm monitoring the housing market so I can use a large sum of my fiat on a down payment out in the country somewhere; before Biden inflates my savings into the gutter. Every time I talk about putting a huge down payment in these real estate threads I'm always called a retard. But I feel like taking advantage of buying power while I have it and having less debt overall is a smarter play, especially in these money printing times we live in. I just don't know when to fucking buy. Second kid is on the way and we want out of the city, we have farming experience and just want to buy land with good construction.

[Anonymous No.27618890]

>>27617158
>>27617313
The remodel would be an absolute mess. There's not nearly enough plumbing and HVAC for anything other than open office plans and cubicle farms. You'd basically have to gut the entire building and rebuild into apartments, and even then there's not enough window space because they're built like giant cubles, not rectangular enough. Sure you might still get some conversions but I don't think they'll be that common, I'm betting they'll just sit empty and costing unfortunate owners property taxes for years and years.

[Anonymous No.27618918]

>>27613454
I’m biding my time as well. It’d be nice that the moratorium is lifted before Q3. I want a house THIS year, not next year...

[Anonymous No.27619030]

>>27618679
If you have a lot of cash you may want to wait for interest rates to go up. Interest will make prices go way down.

[Anonymous No.27619032]

>>27618679
don't put a big payment down. Use inflation to your advantage. the PMI makes a difference, but inflation is gonna fuck people with a savings. Probably better off with a low down payment and putting money into a commodity.

[Anonymous No.27619167]

[Anonymous No.27619191]

>>27613574
The opposite, there’s a looming foreclosure pandemic due to COVID unemployment and the moratorium. Those moratoriums do not absolve mortgage holders of paying those months back. It just let them temporarily not pay, but are expected to be paid when the freeze expires. Think like the financial crisis in 2008-2009.

[Anonymous No.27619640]

Whats worse is that smaller markets are getting blown up because of high income earners from Cali, NY, DC are moving to southern cities and cash buying homes. In their eyes a 3500 square foot 4br, 3ba home that costs $350k is seen as a full blown steal compared to the $800k shitshacks they have to deal with in their cities.

[Anonymous No.27619665]

So I have a question about timing.
We're going to be getting married within the next couple of months, my loan pre-approval should be done by the end of the week, and our kid will be born around mid April. When should we go to the courthouse and get married? ASAP? or will that hurt the loan stuff?

[Anonymous No.27619803]

>>27619030
But will interest rates ever go up at this rate (no pun intended)? I don't want to play the waiting game forever while my savings is eaten to shit.

>>27619032
"he PMI makes a difference" wouldn't I want to avoid PMI by putting down a large enough down payment? isn't that just extra costs on top of the mortgage? i'm low IQ when it comes to home ownership, just good with managing my spending.

[Anonymous No.27619960]

How does this play out in any way other than complete chaos? I'm starting to think that this is all just a part of the plan to get us dependent on UBI and goverment housing.
Think about it...
If the renter falls behind like 10k in rent, they likely wont be able to pay it off. So then they get evicted. Now they are homeless AND jobless AND have poor rental history. This will make it impossible for them to find a new place to stay as nobody will want to rent to them.
So now you have tens of millions of people essentially homeless, in massive amounts of debt, and they still dont have a job.

[Anonymous No.27619979]

>>27619640
And states seeing this problem should tax them the average house price they’re looking to buy in their original state to reduce housing prices skyrocketing. But that wouldn’t happen because politicians don’t care about their state’s population.

[Anonymous No.27620112]

>>27599788
I live in Utah
Everyone's coming to my white american Switzerland mountain paradise

Please leave California trash
Reeeeeeeeee

[Anonymous No.27620129]

buying a house is the most cucked thing ever

[Anonymous No.27620240]

>>27620112
Time to go to Kanab
Or Idaho.

[Anonymous No.27620266]

>>27620112
What if I was born there but removed to the east coast

[Anonymous No.27620439]

>>27619803
You need at least 20% down to avoid PMI.

[Anonymous No.27620606]

>>27620112
t. CO

[Anonymous No.27620743]

>>27619665
It will change everything if you want her on the loan. If youre already preapproved domt change the loan, bit you can get married whenever you want as long as she is not a deadbeat with judgements and shit

[Anonymous No.27620905]

>>27602221
VA is already trying to make single family zoning extinct "cuz rayciss"

[Anonymous No.27621053]

>>27620743
Thanks for the advice. I just wanted to put a feeler out before I ask my actual financial advisor. She's not a deadbeat lol she just has more school debt than I do. we're planning on finishing her loan application today so we can see which one we should use.

[Anonymous No.27621183]

I'm stuck in socal as I work a very niche job in the film industry which means I can't move away or I have to start a new career from scratch. But housing here is just not affordable. I'm basically fucked unless my crypto moons.

[Anonymous No.27621219]

>>27612819
Don't fucking remind me, bro. NoVA is literally where I'm looking to buy right now. I feel like such a cuck, but it's hard to want to rent anymore at this point in life.

[Anonymous No.27621444]

>>27601421
>I don't know how long they will kick this forbearance thing down the road.
The mortgage situation is very different from the renter evictions situation FYI.
With people renting landlords are eager to jam evictions through the instant they're permitted to do so. They want to evict nonpayer tenants, desperately want it.
Banks on the other hand are almost the exact opposite with homeowners who have past due mortgage payments. Unlike with landlords and tenants the banks managing those loans are a lot more concerned about losing a mortgage payer and the 30 years of recurring monthly revenue than they are about losing just a few months up front which they can cut and paste to the end of the borrower's term regardless.
And rather than needing to be forced to hold off on evictions the banks are more focused on making sure borrowers get involved with a new payment plan so they can secure those loans and not have to worry about everyone defaulting and ruining their long term investment in these loans.
Another thing to remember too is that job loss following the great common cold hysteria of 2020 very disproportionately impacted those of low incomes in the service industry who were mostly renting, not paying down a mortgage.
This is part of why nobody is seriously claiming there's a new housing crisis coming up in the near future. That housing crisis only exists in the minds of anons wishing they'd get a chance to buy the dip and scoop up bargain real estate.

[Anonymous No.27621626]

>>27613454
>an ounce of hardship
You mean like fucking covid? I was praying for a housing market drop but instead there were 30-40k increases overnight last week in my city. These price graphs look as fucked up as Joe Biden's vote counts.

[Anonymous No.27621703]

>>27621444
>That housing crisis only exists in the minds of anons wishing they'd get a chance to buy the dip and scoop up bargain real estate.

trips of truth, I am one of these anons

[Anonymous No.27621805]

>>27621626
This joomer greed is being fed by the California floodgates being opened. White worker flight is in full effect since the chimpouts.

[Anonymous No.27622019]

>>27621703
I just want a fucking place to live other than a moldy apartment surrounded by niggers for an inflated price of money I'll never see again.

[Anonymous No.27622143]

>>27600580
>>27613454
100%
Market is artificial due to lack of supply because no one loses their home to foreclosure with forbearance in effect. So a massive drop in employment and a massive drop in supply leads to increasing prices do long as people can live for free. It makes no sense.
I think borrowers will have whatever unpaid amount added on to the end of their mortgage so +1 year, which is incredibly generous. No way they are asked to come to with a chunk of cash. Fed going into mega brrr is bullish for real assets.

[Anonymous No.27622233]

What are the best cities that aren't overpopulated modernist hellholes? Shill me your healthy urbanism

[Anonymous No.27622261]

>>27621626
>These price graphs look as fucked up as Joe Biden's vote counts.
lmao

[Anonymous No.27622264]

>>27619167
Historically high housing prices combined with historically low interest rates. I think this is a clear indication of perfect economic stability, don't you all? THEY ARE PUMPING THE MARKET YOU FUCKS. They're pulling out all the stops to convince dummies to buy their overvalued houses.

You aren't seeing healthy demand, you are seeing LA, SF, NYC fucks fleeing to other large cities because they can't afford it, in turn displacing those people to further and further suburbs and smaller towns, and this chain continues until there are no more dumb people to convince to buy a 50-100% inflated 'asset'. Nobody is building to meet the demand either because they KNOW it's not worth it - they're only going for higher end McMansions, when was the last time you see a subdivision pop up that were 1500-2000 sqft single family homes?

[Anonymous No.27622276]

>>27621626
Yes like Covid.

Most of these homeowners are overextending themselves when they're one easy COVID hospital trip away from a financial fuck up. They can claim mortgage forbearance or whatever now but it'll bite them in the ass hard when that protection goes away.

[Anonymous No.27622424]

>>27600168
Just tell them a ridiculous number.

[Anonymous No.27622472]

>>27600386
Those foreclosures won't be as bad as the deferment numbers suggest. Throwing a very payable mortgage into deferment was a smart financial decision last year. It was a way to hold out for loan relief if they did it, free up capital for the obvious inflation in equities market, and now it can just be rolled to the back of the term interest free. Only smooth rains didn't use the 12 months of deferment.

[Anonymous No.27622505]

At this pace I'll never have a house not even if I make it in crypto

[Anonymous No.27622528]

>>27622233
>cities
>overpopulated modernist hellholes

Those two are the same thing.

[Anonymous No.27622585]

>>27619191
Amount owed will be added to end of mortgage to bail them out. Fed is printing the money they owe you send to MBS holders.
Inflation coming

[Anonymous No.27622705]

>>27620439
With rates this low better to put the smallest amount possible. PMI depends on your credit score. If you get your score >770 PMI is almost nothing.

[Anonymous No.27622739]

>>27622585
IN MY OPINION: The banks aren't going to be okay with that for long. Remember, they're the ones holding the bag for up to two years. No way they're gonna let bygones be bygones.

[Anonymous No.27622754]

>>27622264
In Reno, that’s happening. Many such 1500-2000 sq. ft. neighborhoods that are “starter homes”.

[Anonymous No.27622872]

>>27619803
You would need to do the math on a pmi for you. They are not that high. Saving downpayment and investing that money in other places probably has more upside.

[Anonymous No.27622947]

>>27600168
Same for me. I get calls for both of my properties about once a month. Even relatives are trying to buy my property. There are so many people trying to buy, and there is so much inflation. I honestly do not see this market ever going down.

[Anonymous No.27622997]

>>27622528
t. mows his 2 acres of lawn grass twice a week

[Anonymous No.27623006]

>>27619191

Is that why I have people annoying me constantly about buying my unlisted house in a mediocre midwestern city? Lmao, keep waiting doomer.

[Anonymous No.27623013]

>>27622585
All of my coworkers during furlough said they contacted their lender and were told they were expected to pony up most of the missed payments upon freeze expiry. So what you’re saying is a hunch and what I’m saying is what actual lenders are telling their clients.

[Anonymous No.27623025]

>>27599788
incredibly overpriced and limited in my area
>but muh record interest rates!!11
thanks boomers

[Anonymous No.27623031]

>>27622585
Wrong. Banks sell the mortgages on to Fannie and Freddie which are controlled and owned by the Federal govt. The policy is determined by the Federal govt, not banks outside of jumbos. Even areas with high housing prices are not jumbo loans because if higher qualifying mortgage max loan limit and price.

[Anonymous No.27623054]

>>27622264
Yep. Granted I'm in one of THE MOST cucked areas in the country, Northern VA, but literally Every. Single. Fucking. New. Development.... Every. One... is 5+ bedroom 5K sq ft 1.2 mil starting shit.
And any house that is like 2000 sq ft is some 1960s construction that is being sold for 1.5 million anyway, OR it's like $600K and in an ultra spic area where your car will get stolen.

[Anonymous No.27623079]

>>27622997
That's why you get grazing animals retard

[Anonymous No.27623116]

>>27622997

riding mower and a beer sounds like a comfy saturday routine though

[Anonymous No.27623129]

>>27622276
>covid hospital trip
lmao you're a fucking bug.

[Anonymous No.27623262]

>>27623079
>>27623116
have some taste and grow local plants

[Anonymous No.27623450]

>>27623129
Whether you believe its real or not, you're gonna get a huge hospital bill in the mail.

[Anonymous No.27623582]

>dad offers to let me build a small house on his land, on the agreement that I help them pay property tax annually
>mom is against this, says I need to buy my own house because it helps build character
>My older brother (35) lives with them, has never had a job, and pays no rent
>I work 60 hours a week yet I am the one that needs to "build character"

I hate boomers so fucking much

[Anonymous No.27623770]

>>27616644
seattle real estate podcast on youtube
its regionally specific of course... but still valuable insight imo

[Anonymous No.27623822]

>>27611701
are you a nigger?

[Anonymous No.27623905]

>>27623770
on a channel called Summit properties NW

[Anonymous No.27624281]

>>27622585
>>27623031
Look at this fag samefagging his own posts playing both sides of the argument.

[Anonymous No.27624390]

>>27600168
That happened to my parents in 2006/2007. Crash is sounding imminent

[Anonymous No.27624796]

>>27623116
Lawn work on your own yard has a good feeling. Hard to describe

[Anonymous No.27625208]

>>27623582
>I have $140k cash, $80k crypto
this is me

My wife, son, and I live with my parents because my dad was begging me for years to move in with them and pay them rent. We live in a city so $1000/mo is a steal and we have 3 bedrooms to use. I help a lot around the house, work full time, and do well enough that my wife can stay home and raise the boy, second on the way. My boomer ass dad continually tries to jack up rent on me to $1500 as if he didn't already plea with me to move in and as if he would be using any of those extra rooms. I tell him to go fuck himself because I'm only living with them because it was a stress free financial decision while we experienced being first time parents and gave my parents the joy of having a grandchild in the house. I also moved in to fix my relationship with my parents who were pretty shitty and socially distant. I offered to let them move with us up North when we buy land and property, and my dad now brags to everyone that it was his idea to buy property up north and start a farm and how much of a genius he is to think of escaping the city. The real kicker is he says he should be allowed to live with me rent free, so they can use their money to travel. He doesn't know that they aren't invited to live with me anymore.

[Anonymous No.27625381]

>>27624390
I agree. I'd sell my house but I don't want to just buy some other inflated asset so might as well just ride it out

[Anonymous No.27625481]

>>27610427
That is quite possibly the ugliest house i've ever seen. No offense.

[Anonymous No.27625775]

>>27625208
you're a piece of shit son

[Anonymous No.27625831]

>>27625481
lmao, right? That shit looks like two shipping containers together with some chink-concrete chimney thing attached.

[Anonymous No.27625919]

>>27625208
What the fuck is wrong with boomers? My kids will be allowed to live with us rent and food free as long as they want. The only condition is that they have to be working at being self sustainable. I won't allow my kids to be useless neets, they need to work for themselves to avoid wagecuckery to the jews.

[Anonymous No.27626048]

>>27625775
>t.seething boomer

[Anonymous No.27626119]

>>27625919
Mine won't have to pay rent, but they'll pay their share of property tax and utilities.

[Anonymous No.27626258]

>>27625208
Seperate yourself from your parents

[Anonymous No.27626613]

>>27625481
>>27625831
Not him, but that house looks cool and you guys sound jealous

[Anonymous No.27626717]

>>27625775
I'm a great son for the sole fact that I still allow them into my life. My entire childhood was a scream fest between my parents. Take your child to work day was my dad leaving me in his car for an hour while he was inside a clients house fucking her brains out. I left the house at 18 with no knowledge passed down to me and no bond with my parents. I willingly put off moving out of the State just to give them another chance and am paying them rent for space that was just collecting dust and would have never been rented out. They get to try and be good grandparents since they'll never be good parents. Even then my dad tries to swindle me for money he doesn't need as they both have hefty retirements and I'm trying to start a family. And he's trying to write my future for me by suggesting he will live off my hard work and building up of land that I own while he "vacations for 6 months and uses my house as a home base, rent free." I'll take being called a piece of shit son if it means not having to be involved with them anymore.

[Anonymous No.27626725]

>>27608856
Is a pro of section 8 housing that the government pays a portion?

[Anonymous No.27626904]

>>27626258
Defoo was always on the table, I just wanted to give them one last try. My sister had cancer for 15 years and died when I turned 18, and that was always a big reason why I was paid no attention to; not an excuse for them, but its what I told myself as to why their relationship with me and each other was so shit. But I'm moving on with my brand new family that I love and have a strong bond with.

(thanks Stefan)

[Anonymous No.27626958]

>>27626613
naw my nig, give me a nice cape cod or colonial any day of the week.

[Anonymous No.27626961]

>>27620112
NV bro here......it used to be just whites mexicans and indians.....we had a balance of powers now we got asians and blacks and everything is all jacked up.

[Anonymous No.27627147]

I fucking hope the UK market dips. I just want a reasonable home, anons.

[Anonymous No.27627271]

>>27600168
just say you want 15 million dollar for it

[Anonymous No.27627677]

>>27626958
I went with a traditional plan and I wish I would have gone modern. The inside is the main thing I guess

[Anonymous No.27627864]

I'm impressed biz, we got a thread on real estate.

>Over the last two centuries, about 90 percent of the world's millionaires have been created by investing in real estate.

[Anonymous No.27627902]

>>27611701
wtf would want to move there? bag dump on somebody if you can.

[Anonymous No.27627961]

>>27612555
alright, hotshot. Me and the missus are DINK, combined salary of ~240K, no debt, gotta move in the summer. Good time to buy a house?
I fucking hate renting, but it sounds like renting + investing may be better than having to pay a like 5% markup on an already 800K mcmansion right now

[Anonymous No.27628183]

>>27627961
Not him, but Id rent and save right now.

[Anonymous No.27628857]

>>27628183
it's only gonna get higher
>nuh housing collapse
keep waiting for that and keep getting priced out

[Anonymous No.27628914]

>>27628183
I feel it. We'll have a VA loan too, but fucking still there are like 3x as many 1M, 2M+ homes for sale as there are shit in the already inflated 800K range. Anything under 800 is contingent in like 0.0001 seconds of listing.
Ridiculous.

[Anonymous No.27629014]

>>27599788
let's see. the new administration just opened the immigration flood gates again. neighborhoods that don't have niggers or nigger looting problems should do well.

[Anonymous No.27629054]

>>27628857
That's the one thing that gets me about the thought of waiting.
In the 2008 collapse, houses were so overpriced that (among other reasons) they brought down the market, BUT the actual house prices themselves basically stayed at peak levels.
So why would they go down at all even if shit crashed again?

[Anonymous No.27629236]

>>27628857
Im assuming you are US, but I think no one knows right now. Id wait at least a bit to see what the democrats do now that they have power

[Anonymous No.27629240]

>>27627961
Honestly it's never a bad time to buy a house. If you expand your time horizon long enough it always pays for itself. Just be smart and try to pick areas that are just waiting for a massive upswing like in Idaho or Utah or Wyoming or Michigan/Wisconsin.

[Anonymous No.27629554]

>>27629054
the actual home prices went down by more than 50% in some areas although supply was tight because banks often delayed foreclosing on bad loans until the market improved.

[Anonymous No.27629872]

>>27629054
Houses got cheap as hell by me. I wish I would have bought a couple repos

[Anonymous No.27630210]

>>27600168
Developers are buying up houses and lots in my area and are turning them into apartment complexes. Totally buttfucks our parking, and there are MORE PEOPLE REEEEEEEEEEEEEEE

[Anonymous No.27630318]

>>27629054
banks held the properties. biggest property grab scam in history.

[Anonymous No.27630339]

>>27628857
>In the 2008 collapse, houses were so overpriced that (among other reasons) they brought down the market, BUT the actual house prices themselves basically stayed at peak levels.


well said. housing will never crash. housing to trillion dollars. housing market to the moon.

[Anonymous No.27630350]

I live in NJ and work for the tech dept for a real estate brokerage. It's all fucked but our numbers went up through COVID and keep going up. Can't last forever.

[Anonymous No.27630499]

>>27603925
Sup Kitsap bro

[Anonymous No.27631100]

>>27630350
They are trying to bring America's population to 1 billion via 3rd worlders to compete with China. It won't end anytime soon.

[Anonymous No.27631396]

>>27621219
>Don't fucking remind me, bro. NoVA is literally where I'm looking to buy right now. I feel like such a cuck, but it's hard to want to rent anymore at this point in life.

Just be glad you aren't looking to buy in the Bay Area / Silicon Valley. I'm 35 and moved out of my apartment months ago to move in with my parents. Looking to get engaged soon. Given a choice between renting or buying - either way I'm fucked.

[Anonymous No.27631436]

>>27631100
I dunno, most of the volume is going to richer millennials and 2nd generation immigrants who also happen to fall into the previous category.

[Anonymous No.27631747]

>>27631396
my one consolation is that if we do find a place to buy, since it's NoVA with its neverending supply of rich chinks and pajeets and the fucking zerg creep of suburbs, this 850K shit will be likely worth 1.5mil in like 10 years.

[Anonymous No.27632187]

>>27619665
>should be done by the end of the week
It should be done within the day.

[Anonymous No.27632474]

I live in buttfuck nowhere and I can’t buy a house at the listing price (already inflated). I’m going to be trapped renting forever unless BTC moons some more.

[Anonymous No.27632613]

>>27626717
You are a based anon. I also had shitty parents and one day dream that me and my wife can raise children away from all this jewery or at least immuninize them from it.

Having boundaries from negative people in your life even if its your parents is a healthy way to look at things. You anon are a good person.

Fuck boomers and jews

[Anonymous No.27632624]

>>27632187
nah my fiancee still has to upload some documents and she's pregnant AF and working 12 hour night shifts so we'll get that done in the next day or 2

[Anonymous No.27632644]

>>27631747
nova is turning into a cuck zone, i grew up there and my mom cashed out a few years ago. your 850k is going to turn into 650k when they finally destroy the zoning and build projects to import niggers.
>durr stupid faggot it'll never happen cuz gubament peopl..
it's already happening.
you bought the top.

F

[Anonymous No.27632872]

>>27599788

Largest rate of change of inflation we’ve seen in the last decade so you’re kinda late

[Anonymous No.27632890]

>>27632624
>working while pregnant
You're going to fuck that kid up. Stress while pregnant is terrible for children, keep her at home.

[Anonymous No.27633195]

>>27599788
I get probes from people quite a bit.
All people speculating and wanting to flip it to the other people that want to flip it to them.
Just a massive bubble again, kind of depressing.

[Anonymous No.27633226]

It will only grow more expensive. Safest place to put money.