[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 193 KB, 407x309, 2022-11-26_13-43.png [View same] [iqdb] [saucenao] [google]
52621788 No.52621788 [Reply] [Original]

What are the condition that would make house prices come down? Why are they going up since forever? Explain your opinion.

>> No.52621793

Boomers dying

>> No.52621794

>>52621788
>What are the condition that would make house prices come down
More supply than demand

>> No.52621797

Assets are more valuable than funny money bills.

If the zombie apocalypse starts tomorrow and shit hits the fan, you'll wish you had a property. Even if you had 1B in notes, that's worth nothing at that point.

So it's better to have your money in hard assets like these.

>> No.52621805

>>52621793
covid goes brrrer

>> No.52621818

>>52621793
So you think it will happen in 20years? But why did 2008 crash happen? No mass dieoff then.

>> No.52621943

>>52621793
This, that's why they're trying to bring in non-Whites to prevent another real estate collapse by giving Spics the chance to establish themselves due to falling housing prices. Low housing Pricing is Antisemitic goy unless you're brown of course.

>> No.52622066

Housing prices continue to go up almost entirely because people expect and accept the rising prices. Homebuilders and real estate agents and municipalities all have tons of incentive to keep prices high so they can all get their cut, as well as benefit from living in a "nice" [read: expensive] area. Tons of dumbass faggot normies look at prices going up and shrug because "hey that's just what the market will bear" and they think that someday they too can own a horrendously overpriced parcel of land in Cool Town USA.

Prices can go down if the average person starts to make enough noise and politicians start to understand that they'll be voted out unless they do something about it, but I don't expect that to ever happen. Politicians are all millionaires who don't understand normal life, and the people who vote for them are the same or think they'll be the same someday. Maybe these absurd prices will get to a point where something breaks and it fails like 2008 but don't count on it, the assholes in charge of these systems are constantly trying to make sure that it doesn't do that.

>> No.52622215
File: 24 KB, 850x228, 1653982247311.gif [View same] [iqdb] [saucenao] [google]
52622215

>> No.52622249

>>52622215
Oh look something that isn't happening

>> No.52622923
File: 83 KB, 600x400, web-Spread-Between-Cap-Rate-and-10-Y-T-Bills.png [View same] [iqdb] [saucenao] [google]
52622923

>>52621788
There are going to be a lot of indicators but the "Oh shit, it's actually happening this time" indicator will be when the cap rate spread for detached houses flips against the 10 year bond. That's when we see institutions start to dump real estate for paper assets that pay more.

>> No.52622985

>>52621788
Don’t buy a house that has doubled in price in a short period of time and never buy a house using a real estate agent. Buy only for sale by owner houses at a reasonable price.

Stop buying boomer and roastie bags.

>> No.52622986

>>52621788
>What are the condition that would make house prices come down?

Mortgages that are predominantly shorter-term forcing borrowers to have to refinance at some point in the future. That's less of an issue in the US but more of an issue in most countries outside the US. Borrowers who could make the numbers work at 1-2% mortgage rates might not be able to survive 5%+ on refinance.

Widespread job losses that leave homeowners unable to service their mortgage payments. So far the US labor market has remained incredibly tight in the face of Fed tightening. You're seeing layoffs in tech but they don't seem to have spread to the broader economy (yet).

Ramp-up in home construction to help alleviate the accumulated shortfall of housing built post-2008. With the rapid inflation in construction costs, labor, and now financing costs, this is almost certainly not going to happen. New home starts are going to fall off a cliff because the math doesn't work on development anymore

>> No.52623020

>>52621788
churn rate on middle class homes is down hard, but the low IQ jewish statistical metrics reported by the usual suspects don't measure this. yet another case of mentally retarded brown niggermonkeys pushing shit statistics and even dumber midnight black gorilla niggers not understanding the implications.