Real Estate General

[Anonymous No.50452509]

Red pill me on the impending housing crisis, how the fed's manipulation of interest rates effects home loans and when the best time to buy is

[Anonymous No.50452571]

redpill is there is no impending housing crisis get in or get left

[Anonymous No.50452606]

>>50452509
The crisis is that no one can afford a home and rents are skyrocketing. Hope you got a zestimate before you were priced out for life.

[Anonymous No.50452712]

>>50452509
Depends on your market. For instance, Florida, certain areas are due for a correction due to flippers getting squeezed in the coming months.

[Anonymous No.50452901]

>>50452606
I know right? Like, how could people have been this dumb not to get their zestimate years ago.

[Anonymous No.50453222]

huh kinda crazy how it's been
>impending
for like ten years now

[Anonymous No.50453258]

Money printer goes BRrrrrr, inflation goes Brrrrr, housing prices go up and wages go up (this happens last).

[Anonymous No.50453323]

>>50453258
happens last, and happens least

[Anonymous No.50453429]

>>50452509
Top is in. Everything in my area is having price cuts. See you african american gentlemen at the bottom. all the techbros and chinese who bought at the top are about to sudoku when they learn what "underwater" means.

[Anonymous No.50453672]

>>50453222
>he forgot when Jerome Powell prevented the rightful housing crash in 2019

[Anonymous No.50453758]

I literally just want a comfy home to raise children in that I can grill at, some midwest small town vibe would be great if I could one day afford it.

[Anonymous No.50453815]

>>50453758
Then you should move in with your parents and save every dollar of rent for a down payment. It's doable but you'll need to sacrifice. It's worth it. Having a zestimate is always worth it.

[Anonymous No.50453824]

>>50452509
Impending crisis would mean there is a flock of people looking to dump, but all the people who got in at sub 3% rate locked for 30 years isn't selling. Especially with how fast rent is increasing. Rate of default is low too.

[Anonymous No.50453952]

>>50452509
But it might happened sooner, since the putin war

[Anonymous No.50454062]

>>50453952
The rentoids and their fantasies. There is only so much land and even less of it where people really want to live. Reserve your spot now or be priced out for life.

[Anonymous No.50454228]

>>50452509
Landlords of /biz/ don't rent to old people. They will:
>complain about literally everything on the property out of sheer boredom
>hoard your property and leave tons of shit behind when they leave
>never clean up after their pets
>give your property permanent old person smell
>not be able to absorb any sort of rent increase
>be impossible to evict

I would rent to a black teenager before a senior citizen

[Anonymous No.50454283]

Fuck a house , they gov will seize it all within 20 years , rent, move around, get multiple citizenships , and get your money up

[Anonymous No.50454350]

>>50454283
More rentoid cope. Good luck with that.

[Anonymous No.50454386]

>>50453952
according to your chart there will be houses of 5k in the future