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/biz/ - Business & Finance

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51616518 No.51616518 [Reply] [Original]

I'm thinking it's over bros

>> No.51616555
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51616555

>>51616518
The first step is admitting you have a problem.

>> No.51616592
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51616592

>>51616518
> these are the people telling you to trust the journalists

>> No.51616619

>>51616518
Noice, the bottom is near

>> No.51616648

golden real estate bullrun confirmed

for the record my property had 0(zero) red months in the last two years

>> No.51616668

>>51616518

hmmm housing market to the moon. think opposite. they think its a bubble. That means it isn't a bubble.

>> No.51616673
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51616673

>>51616518
>b-but supply will never catch up with demand! governments CAN'T let housing prices fall! It's UNIRONICALLY a new paradigm!

>> No.51616697

>>51616668
lmao they're only saying this because it's becoming impossible to deny that the housing market is rapidly turning to shit and they need to retain some credibility

>> No.51616714

>>51616518
Is this how they failed to predict the 2007 crash as well?
Because spotting this bubble was easy as fuck.

>> No.51616761
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51616761

>>51616518
>nussing, lebowski
>happy, lebowski

>> No.51616855

>>51616518
ZESTIMATE SISTERS!

>> No.51616868

>>51616668
ATH prices, 7% mortgages

Buy buy buy buy buy!!! It's worth whatever you can afford!!!

>> No.51616878

>>51616868

Housing market prices goes up forever.

>> No.51617116

>>51616592
I would trust him, he has eyes on the back of his head

>> No.51618839

Not a problem for canada, we'll just import another 500,000 pajeets and chinks next year to keep demand high.

>> No.51618848

>>51616619
Cope. You will lose it all and I'll buy your bags for cheap

>> No.51618863

>>51616878
Just like in 2008. Oh wait.. LMAO

>> No.51620246
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51620246

>>51616518
no refunds

>> No.51620454

Quite literally everyone except finance journalists and people who bought in the last 12 months and overdosed on copium and could tell property was a bubble.

>If everyone says It's a bubble, It won't actually go down!

That's not actually how it works. Once you've melted up and blown off the top, everyone can recognise It's a bubble and It will still crash. Housing is just illiquid and it takes a long time for the bagholders to finally acknowledge they've lost.

>> No.51620498

>>51616761
>VE ARE NIHILISTS LEBOWSKI
>VE DON'T BELIEVE IN ANYTHING
>EXCEPT ZE 4TH INDUSTRIAL REVOLUTION

>> No.51620527
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51620527

>>51620454
And the people in charge. Don't forget the people in charge being totally shocked by this. No wonder this is a clown world when it is being run by fucking clowns.

>> No.51622762

>>51620454
This

>> No.51622784
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51622784

Perhaps I'll be able to afford a house* after all!
Stacy's Zestimates can suck my ballsack.

>> No.51622826

>>51616518
>corporate investors and "i-buyers" are over-leveraged and holding onto tons of inventory as prices are plummeting
>fed continues to raise interest rates, which causes mortgage rates to rise
>demand decreases and corporations are left with the bag
next comes the bankruptcies and the mass dump of inventory

>b-but dave ramsey said muh supply and demand

>> No.51622863

>>51620527
Why did no one see it coming bros?

>> No.51622888

>>51620527
>he thinks they're telling the truth
the people in charge have to pretend they're surprised. the only clown is you for not knowing this.

>> No.51622979
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51622979

>> No.51623532
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51623532

Bottom signal? Shemitah ends tomorrow

>> No.51623564

>>51618863
2008 will never happen again.

>> No.51623592

>>51623564
You're right. It will be worse this time.

>> No.51623643

>>51623592
Any significant dip will just get slurped by Blackrock.

>> No.51624347

>>51620454

And when housing finally does recover we will have the same people telling us how worthless real estate is.

>> No.51624459

>>51623643
this is my suspicion. whether its BlackRock or other investors.
any realestate in a halfway decent location at bargain basement prices is going to get scooped
im already seeing it happen

>> No.51624525

Kek homebaggies

>> No.51624601

>>51623643
>unhinged polnigger schizo thinks "muh blackrock" (actually blackstone, he just thinks blackrock because it rhymes with black cock) has unlimited capital and can slurp up trillions in real estate

>> No.51624672
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51624672

>>51623643
Why the fuck would they buy for higher prices and worse rates than they could have previously? Especially when prices threaten to decline?
They’re here to make money, not carry people’s bags.

>> No.51624750

>>51620527
Its not inflation, its price rise because of energy price rise. Basic demand curve says lower supply increases price

>> No.51624774

>>51624750
core inflation is still increasing. see last month's CPI report.

>> No.51624957

>>51624672
Because they give you monopoly money and you give them tangible real world assets.