When the housing market tanks where are you buying a house?

[Anonymous No.49889247]

[Anonymous No.49889301]

Greece

[Anonymous No.49889340]

>>49889301
Because you are pedo?

[Anonymous No.49889367]

>>49889340
not sure why you said that but no

i just prefer islands and countries with culture and good food

maybe a fancy place in dubai when i have kids

[Sage No.49889635]

>>49889247
>housing market tanks

[Anonymous No.49889644]

>>49889340
He said greece, not israel.

[Anonymous No.49889938]

>>49889247
>everyone waiting for housing market to crash
Idk guys.

[Anonymous No.49890092]

housing market will correct, not crash. supply has been woeful since 2008 in every western nation. cost of building new is through the roof.

so a recession will bring a natural correction from this absurd superheated position, but no crash.

[Anonymous No.49890107]

>>49890092
This

[Anonymous No.49890113]

>>49889247
Seattle, and outside area of Washington - but to be fair I'm 50/50 about land ownership. A nice condo would be great.

Florida is comfy too, but it depends, one thing really is friends, networking and family. I have none of that because I've been abroad the last years - e.g. it's outside of the USA.

To be frank USA is pretty toxic, but, at the same time, I'm only financially successful thanks to the USA.

So, yeah.

[Anonymous No.49890235]

>>49890113
Florida will be under water in 25 years. Even if is not it eventually home owners insurance will be impossible to get as hurricanes worsen.

[Anonymous No.49890257]

>>49889938
It already is. Even in this market houses are very illiquid. Look at chart of 08 housing crash.

[Anonymous No.49890291]

>>49890235
>climate change is real

[Anonymous No.49890353]

>>49890235
This is very much true, you need to be aware where you buy, otherwise some houses are literally uninsurable and are guaranteed through the state insurance fund.

Washington state IMO is 100000% better in Insurance vs Florida.

And the people too.

[Anonymous No.49890650]

>>49890353
>libshits and chinks are better than real americans

[Anonymous No.49890918]

>>49890092
Home ownership rate is the highest it's been in several years, lumber prices are near pre-coof levels, home starts have stalled because suddenly nobody wants to buy the new houses, and we're at the brink of recession.
So while almost everyone who wanted a home has already fomo'd in and lots of those people are about to lose their job, you think prices will simply go to the mean even though materials are getting cheaper and builders are sitting on their asses waiting for orders? No way. We're going to see something akin to '08, and it'll probably be a stupidly leveraged rental company which bites it.

[Anonymous No.49890957]

>>49890113
>rainy, sometimes snowy Seattle area
>or humid, sometimes hurricainey Florida

[Anonymous No.49890958]

>>49890918
its gonna be way worse than 08

[Anonymous No.49890988]

>>49889301
Just don't bank there lol

[Anonymous No.49892157]

Own a home you say?
Well i hope for you that you got that 2-400 k sitting in cash, most don't.
Meanwhile banks are jacking up interest rates on loans and mortgages.

I don't expect housing prices to drop because there will always be a housing shortage due to Migration, Green agenda(ie less building permits) and Hedgefunds buying up housing and turning them rentals.

If you can buy, go for it. Real estate is at least useful especially since stocks and crypto are still bearish.

Personally i won't buy a house because i don't want a 30 year debt in form of mortgage.
I rather have my money liquid for when i decide to migrate to a lower tax non western nation.