The housing bubble is about to burs-

[Anonymous No.50061363]

No it fucking isn't. Housing prices are increasing in the last month, demand is insanely strong, and it will never significantly decrease outside minor corrections that are nowhere near how much they've risen the past couple of years. You simply will never own a home.

[Anonymous No.50061403]

Pretty much. I think people misinterpret "cooling" housing prices. Prices are still going up across the board, they're just not going up 30% YoY

[Anonymous No.50061407]

>>50061363
I dunno man, my Zestimate is slipping...

[Anonymous No.50061431]

>>50061363
This is the 2nd time you posted this cope thread, touch grass and have sex incel

[Anonymous No.50061456]

>>50061363
k bro
house go up forever cuz reasons
totes believe u

[Anonymous No.50061483]

People in weimar Germany were selling their furniture because it made them rich overnight

Shortly after the realisation about hyper inflation set in

[Anonymous No.50061499]

>>50061483
Listen if we enter hyperinflation nothing is worth any value other than food.

You could've bought an entire block with an ounce of gold.

[Anonymous No.50061665]

>>50061499
>t.literal unironic bot

[Anonymous No.50061793]

>>50061483
damn that's too close to home

[Anonymous No.50062608]

>>50061363
Housing prices rising doesn't necessarily mean people are buying homes to live in them.

[Anonymous No.50062985]

>>50061363
I dont care, after the silver suppresion ends I will literally be rolling in cash. Unlike "bitcoin" (eww) there is actually a finite supply and when the greed of industrial moguls drys up supply then what little precious shinies are left will go for premo prices and those fucks will fork over literal wads of cash.

[Anonymous No.50063142]

>>50062985
>Unlike bitcoin there is actually a finite supply
retard, it's capped at 21 million BTC. Silver, on the other hand, has an effectively infinite supply because all you do is mine deeper.

[Anonymous No.50063166]

>>50062985
>>50063142
Currently 1.5% of existing silver is mined per year and it doesn't look like it's slowing down

[Anonymous No.50063202]

>>50061363
In some markets yes. We are getting a house or 3 on the market everyday for weeks and we are getting 20% + price drops in the mid-west. 5%+ on the good areas though, and 30%+ in the large cities lol.

[Anonymous No.50063215]

>>50063142
>all you do is mine deeper.
yeah cuz that's totally easy and possible everywhere

[Anonymous No.50063242]

>prices will continue going up forever, b-because they just will, ok!
Prices popped in the last two years on historically low rates (iQE, ZIRP) and a incredibly thin market, prices increased nearly exactly proportional to the increased borrowing capacity of those low rates, already we're seeing prices stagnate, currently we're seeing the last round of FOMO buying the top but by late spring these buyers will have either bought or realize they can't finance what they thought they could. [Pasta from early spring obv, this has already happened]
>muh corporate buyers muh cash buyers!
Large institutional investment in sfh is a drop in the bucket, 65-70% of the market is primary residence, most of the remaining is small investors, and the absolute number of cash buyers didn't increase during the scamdemic only the percentage of total sales (thin market)
>b-but rising rates didn't crash the market in the past!
DTI ratios have never been higher, there simply isn't budget capacity for additional increases
>muh 40 year mortgage!!1
The difference in borrowing ability between 2.5% and 5% mortgage rates is about 30%, the difference between a 30y and a hypothetical 40y is only a few percent. That dog don't hunt.
>N-noooooo! We boomers are shlomo's greatest ally! They would never rug us!!1
The whole fiat/credit ponzi works best when gains aren't being realized as you can always print to make the line go up, but as boomers retire they quickly flip from net inflows into the system to net outflows, printing now only exasperates the problem (boomers consuming more than they produce). Rugging is now highly advantageous to the oligarchs as they no long require the carrot (quality retirement) to keep the boomernigger on the plantation

[Anonymous No.50063585]

>>50062985
>>50063142
>investment forum

[Anonymous No.50063627]

>>50063215
yes, silver is highly abundant
>>50063242
retard

[Anonymous No.50063662]

>>50061363
Look at the median income in your area, then look at the median home price. compare mortgage payments at 3% interest and 6% interest. Now, ask yourself if the typical person where you live can afford a mortgage payment at these new rates. Prices are probably going to have to fall by 30% or more.

[Anonymous No.50063674]

>>50063627
Your retirement is going to suck boomer kek

[Anonymous No.50063709]

>>50061363
implying that anyone with actual money wants to buy this overpriced garbage
I certainly don't

[Anonymous No.50063857]

>>50061363
I just went to zillow and every single property I clicked on had "Price History Unvailable" so that nobody can see that people keep cutting prices.

[Anonymous No.50063884]

>>50061363
sounds like this retard bought a 300k house for 750k

[Anonymous No.50064027]

>>50061483
2 more weeks.

[Anonymous No.50064030]

>>50063627
It's already started dumb fucking mumu, inventory is stacking up, prices are falling, seeing flip proprieties being listed for less than they paid. RE is sloooow, it will take time to unwind, but it is unwinding

[Anonymous No.50064067]

>>50063142
Theyll just make BTC 2.0 and whallah

[Anonymous No.50064079]

>>50061363
You are a midwit

[Anonymous No.50064090]

>>50063202
This. I don't understand why housekeks keep making these "IT WILL NEVER DROP" cope threads when the actual statistics are proving them already-wrong. The dump has begun, it's not a matter of opinion or prediction. Varies by market, but it's happening, and when (not if) it starts to accelerate, no place will be safe.

[Anonymous No.50064116]

>>50061363
Buyers aren't jumping in at 6% rates. But people aren't desperate to sell properties that they have paid off or refinanced for under 3%. June volume was the lowest in a decade.

Either rates need to fall for buyers to be interested again, or sellers will get desperate and lower their price. I'm guessing the banks blink first, there's no reason for them not to continue this Ponzi scheme.

[Anonymous No.50064133]

>>50064067
>just make BTC 2.0
and it won't be BTC 1.0 which will remain scarce and therefore valuable. I could just as easily say silverbugs will just start using copper. But I wouldn't, because I'm not retarded.

[Anonymous No.50065122]

>>50061363
house is the last to crash

[Anonymous No.50065310]

>>50063242
>and the absolute number of cash buyers didn't increase during the scamdemic
what does it mean?

[Anonymous No.50065331]

>>50061363
Unless the fed raises rates to 10%, which they won't, this inflation will not stop. They atre doing this on purpose. They don't care about you. They want you to stay poor.