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/biz/ - Business & Finance

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49296191 No.49296191 [Reply] [Original]

>HOUSE PRICES WILL CRASH DUDE

>> No.49296346
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49296346

>>49296191

>> No.49296380
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49296380

>>49296191

>> No.49296382

>>49296191
I mean, yeah probably

>> No.49296447

>>49296380
So it means houses keep their value even during hyperinflation? Does it really mean we all should buy houses ?

>> No.49296495

Birth rates are in free fall and zoomers are perfectly happy living in a 500 sqft apartment or van. Not going to end well for the boomers trying to unload their shit overpriced houses.

>> No.49296518

>>49296191
Yes

>> No.49298035

>>49296191
It'll take a few years, but they'll crash dramatically.

>> No.49298084

>>49296191
ive been looking at houses 800k-1M
got an update this week that many are lowering their prices 100k

>> No.49298349
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49298349

>prices
that's the least of its problems lol

>> No.49298422
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49298422

>>49296191
Good

>> No.49298576

>>49298349

>almost all mortgages are variable rate

Is that really true? Are people really that stupid?

>> No.49298631

>>49296447
nonperishable material goods always have value, and land is the most absolute of all
only paper money doesn't have value

>> No.49298658

>>49296191
>1pbtid

>> No.49298676

>>49296191
yes (not in dollar terms)

>> No.49298684

>>49298576
>Are people really that stupid?
either that or they can't get fixed rate.

>> No.49298782

>>49296495
Don't forget that we've been raising third world shit holes to better living conditions while also destroying the American purchasing power.
There's going to be less of an incentive for constant immigration to America.

>> No.49298816

>>49298576
>According to analysts at Ellie Mae, market share for the ARM mortgage is about four percent of all mortgages sold.
renters in these threads tend to lie to support their fantasies of massive price corrections
even during 2008 which is treated as catastrophic, average prices only dropped like 30% and recovered within a few years
even if property is overinflated due to bad monetary policy and speculation, it's not a normal asset market that will correct when people get tired of holding it; property is finite, zoning laws haven't loosened up, construction costs have spiked, and the population is still growing

>> No.49299398

>>49298816
Keep coping

>> No.49299434
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49299434

>>49296191
>HOUSE PRICES WONT CRASH DUDE

>> No.49299539
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49299539

>>49296191
>HOUSE PRICES GO UP FOREVER

>> No.49299566

>>49298816
>during 2008 which is treated as catastrophic
it won't be compared to what we're about to have, sweetie.

>> No.49299650

>>49298816
>zoning laws haven't loosened up
The situation will get to a point where NIMBY boomers will have to choose between loosening those laws or dealing with tent cities and favelas encroaching ever closer to their precious suburbs. Also the current urban planning model in most developed countries rely heavily on cheap fuel. That too is coming to an end. How much will your single family home be worth when it costs half a months wage to get to the nearest job?

>> No.49299744

>>49296191
They should but they won't due to immigration (which is why diversity and all that crap is being pushed so hard by the ruling class).

>> No.49299764

>>49296191
lol

>> No.49299836

>>49298576
yes

>> No.49299891

>>49296191
Let me guess, you took out an ARM at the top? Lol