/biz/ - Business & Finance

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Realtor and lender sisters Anonymous Mon Sep 26 22:34:50 2022 No.51649783 [Reply] [Original]

ITS OVER

>>	Anonymous Mon Sep 26 22:35:15 2022 No.51649793 High is bad?

>>	Anonymous Mon Sep 26 22:35:27 2022 No.51649798 >>51649783 Rentcucks! WHEN DO WE STOP WINNING?

>>	Anonymous Mon Sep 26 22:36:28 2022 No.51649820 >>51649793 Buy high sell low retard.

>>	Anonymous Mon Sep 26 22:39:03 2022 No.51649853 >>51649793 assuming this isn't bait - yes, these are interest rates. high rates means less affordability and prices go down.

>>	Anonymous Mon Sep 26 22:41:10 2022 No.51649885 >>51649783 OK cool but what does this have to do with the latest DogCumToken?

>>	Anonymous Mon Sep 26 22:41:46 2022 No.51649896 >>51649783 i'll just buy now and refinance when they inevitably cut rates next year lololol ez

>>	Anonymous Mon Sep 26 22:42:11 2022 No.51649907 >>51649885 higher rates= less people refinancing to buy dogcum

>>	Anonymous Mon Sep 26 22:43:11 2022 No.51649928 >>51649896 >next year LOL

Anonymous Tue Sep 27 00:45:19 2022 No.51651643
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>>51649793
High being bad is all dependent on your position. We are in a debt dependent economy. The average savings for Americans under 35 is $11,250 with the median being $3,240. That means the average home buying age American, should he look to obtain residential property, is going to take a mortgage. This also means the average home buying age American cannot put 20% down on the average $400,000 single family house. All of these facts mean that as a seller, high usury rates are BAD. The average American NEEDS a mortage and the mortage payment just doubled. High usury rates are good for buyers with cash and in the long run, better than a market that requires cheap debt. When you are a buyer that has $11,000 or $33,000 cash saved up, that means the money will get closer to 20% down payment because the asset price has to fall to sell the house. When you are a buyer that has $200,000 saved up then you are really in the money as you can either nearly pay off the house in full or purchase multiple properties by splitting that cash as down payment then renting out one or two of the houses until the usury rates fall back down.

>>	Anonymous Tue Sep 27 00:46:56 2022 No.51651668 File: 191 KB, 646x700, Zestimateover.png [View same] [iqdb] [saucenao] [google] >>51649783 I feel nothing you cannot hurt me

>>	Anonymous Tue Sep 27 00:47:16 2022 No.51651676 >>51649783 They told housing market goes up forever! And it will.

>>	Anonymous Tue Sep 27 01:16:26 2022 No.51652187 File: 167 KB, 2485x1612, PAPI1.png [View same] [iqdb] [saucenao] [google] >>51649783 housecoin is going to drop 20%

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