/biz/ - Business & Finance

[Anonymous No.53107646]

Check the Zestimate.

[Anonymous No.53107711]

>>53107646
>HONEY YOU SAID YOU WOULD SELL SOME BITCOIN AT 60K TO BUY ME THE DREAM HOUSE THAT I DESERVE!!! AND NOW YOUR SHIT COINS ARE ALMOST WORTHLESS. HOW AM I GOING TO COMPETE WITH MY SISTER NOW AND BUY A 1.8 MILLION DOLLAR HOME IN MY FAVORITE NEIGHBORHOOD??? I KNEW I SHOULD HAVE MARRIED MARK INSTEAD OF YOU!!!! I WANT A DIVORCE AND IM TAKING THE KID AND ALL OF THE MONEY IN THE ACCOUNTS!!!!! I ALREADY CREATED AN ONLINE DATING PROFILE!!! PACK YOUR BAGS AND GET OUT OF HERE!!! YOU AREN'T A REAL MAN!!!!

[Anonymous No.53107727]

>>53107646
My Zestimate keeps going up. Is that uncommon nowadays?

[Anonymous No.53107751]

>>53107727
it’s common if you live in a meth filled shithole

[Anonymous No.53107773]

Mine’s up .5% last 30 days

[Anonymous No.53107829]

>>53107773
holy shit it took me a year to understand that this soijack was tate all along

[Anonymous No.53107850]

>>53107646
I'm still up 28% from my purchase price :)

[Anonymous No.53107862]

>>53107751
why?

[Anonymous No.53107866]

>>53107646
ive been waiting to buy a house all year and the most i see are price reduced 5% meanwhile the est. mortgage payments have gone up 80% i got memed by you housing crash fags

[Anonymous No.53107876]

>>53107850
factor in your property tax, maintenance and RE fees and you are down lmao. you also cannot sell if you wanted to unless you sell 25% under your purchase price because the RE market is frozen.

[Anonymous No.53107892]

>>53107646
home prices will only go up. this isn't 2008 when everyone had adjustable rate mortages. most learned their lesson and refinanced around or under 3% if they aren't braindead stupid. there's no major correction coming, just fear mongering. nobody is in a rush to sell their homes with comfortable mortgage rates.

[Anonymous No.53107896]

>>53107866
>i’m an impatient subhuman
congrats. better buy now gogo quick goy!!! priced out! stay poor! etc etc

[Anonymous No.53107901]

>>53107773
It must have been down hard the beginning of the year then lmao

[Anonymous No.53107904]

>>53107892
homes are already selling 25% below asking lmao and the crash has not even begun. it’s over for hoomer baggies.

[Anonymous No.53107913]

>>53107711
>I ALREADY HOOKED UP WITH CHAD AND TYRONE AND FUCKED 10 GUYS IN ONE NIGHT GIVE ME THE KIDS AND YOUR BANK ACCOUNT THE COURTS WILL ORDER YOU TO PAY ME $5000 A MONTH I DONT CARE IF YOU ONLY MAKE $8000 A MONTH PRE TAX

[sigma No.53107919]

i paid 3x my annual income for my house and im still up 100k on equity, my wages will continue to go up, ill pay it off in 7 years. then I will NEVER SELL.

check and mate debtfags

[Anonymous No.53107922]

>>53107892
>if they aren't braindead stupid.
It's 99% of the planet

[Anonymous No.53107972]

>>53107892
>nobody is in a rush to sell their homes with comfortable mortgage rates.
Until they lose their jobs.

[Anonymous No.53107982]

>>53107876
You're right, I should have been paying for a landlords mortgage and other expenses.

[Anonymous No.53107984]

>>53107829
The gigachud

[Anonymous No.53108039]

>>53107711
What's really sad is you're not wrong.

[Anonymous No.53108355]

>>53107876
>factor in your property tax, maintenance and RE fees and you are down lmao.
Down compared to what?

[Anonymous No.53108384]

>>53107982
>he doesn’t live with his grandma rent free and inherit her home when she passes
yikes

[Anonymous No.53108496]

>>53107773
imagine:
1. checking this shit
2. believing it

[Anonymous No.53108505]

>>53107919
> my house went up more than wages and society is fucked, yay!
that's why all mutts are eating shit every day

[Anonymous No.53108630]

Down 30k since peak, now ~600k. Bought the place for 250k(cash) from my parents so couldn’t care less

[Anonymous No.53108631]

>>53108505
not my problem

[Anonymous No.53108741]

>>53107727
if you live in a non-gentrified place this kind of make sense.

People are desperate for a cheap place to live in which drives the price of those places up. Working from home allows people to move out of places like san fransisco.

[Anonymous No.53108758]

>>53108631
> not my problem
incorrect, that's why you will eat shit every day as a mutt

[Anonymous No.53108766]

>>53107892
>just retired 70 year old with bulk of retirement safety net in home equity
>reads about "impending housing crash"
>think to self "hmm, i probably need to cash out what i have and downsize so i don't have to work at mcd's to make ends meet"

Many such cases.

[Anonymous No.53108792]

>>53108741
Where I live is already very gentrified.

[Anonymous No.53108817]

>>53107919
Anyone who buys a house and sells it with out owning another is a certified retard.

[Anonymous No.53108830]

>>53108792
In that case the bubble didn't pop in your area yet. It would be wise to cash in right now if you have a huge profit and then buy back from a bagholder.

[Anonymous No.53108877]

>>53108758
I'm a homeowner - not my problem

[Anonymous No.53108907]

>>53108830
I don't think there was much of a bubble in the US outside a dozen or so major cities.

[Anonymous No.53108917]

>>53108505
salty faggot who would also call my state a flyover

COPE

[Anonymous No.53108925]

>>53107727
you live in a midwestern shithole that's 20 years behind the rest of the country. keep waiting, you'll see a price reversal in central nebraska (or whatever chudville you're from) that matches the price reversal of the rest of the country.

[Anonymous No.53108952]

>>53108925
Kek you faggots are so predictable

[Anonymous No.53108980]

>>53108952
i grew up in a township of 1200 people. no one is jealous of your 250 pound cornfed women, the fact that your town has a dollar tree, a family dollar, and a dollar general, or your 7 acres of unimproved land on which you LARP as a farmer.

[Anonymous No.53108991]

>>53108980
>no one is jealous of your 250 pound cornfed women
AHEM

[Anonymous No.53109119]

>>53107711
>>53107913
What's sad is this isn't a parody anymore. This is how it works now in America. Fuck this country. If women are strong and independent they can get a job and contribute too.

[Anonymous No.53109147]

Would you buy this chart?

[Anonymous No.53109176]

>>53108925
I live in a fairly major city (not in mid west), it just didn't experience a massive bubble.

[Anonymous No.53109206]

>>53107711
Happy to go to jail after giving that bitch what she deserves. Already told my wife that I would go to jail with a smile if she did that to me

[Anonymous No.53109219]

>>53107913
>ALL I EVER ASK FOR IS TO SPEND OUR MONEY REMODELING THE HOUSE TO INCREASE THE ZESTIMATE BUT YOU OBVIOUSLY DIDN'T DO GOOD ENOUGH BECAUSE OUR ZESTIMATE WENT DOWN LAST QUARTER, YOU ARE SLEEPING ON THE COUCH TONIGHT
>WHAT DO YOU MEAN YOUR MONEY? I'LL HAVE YOU KNOW I MADE 24K LAST YEAR I CAN SPEND MY MONEY HOWEVER I PLEASE
>GOING SHOPPING, GOING TO THE SALON, MOST OF MY MONEY IS SPENT MAKING MYSELF PRETTY FOR YOU YET YOU SPEND OUR MONEY ON INTERNET COINS INSTEAD OF THE HOUSE LIKE I TOLD YOU
>OH AND I ALREADY KNOW ABOUT YOUR "BOYS NIGHT" AND "TABLETOP" AND "WATCHING THE GAME" WHERE YOU ARE PROBABLY SLEEPING WITH OTHER WOMEN
>JOKES ON YOU I HAVE BEEN HAVING A DOUBLE AFFAIR WITH MY ZUMBA INSTRUCTOR AND CRAIG FROM SPIN CLASS
>YOU DID THIS TO ME! I WAS FORCED TO DO THIS TO MAKE THINGS EVEN
>I AM SPENDING THE NIGHT AT MY MOTHER'S I WANT A DIVORCE!!

[Anonymous No.53109335]

>>53109147
looks like 1720s

[Anonymous No.53109366]

>>53108980
>i grew up in a township of 1200 people. no one is jealous of your 250 pound cornfed women, the fact that your town has a dollar tree, a family dollar, and a dollar general, or your 7 acres of unimproved land on which you LARP as a farmer.

[Anonymous No.53109378]

>>53107711
Go outside. You will see literal drug addict unemployed dudes with bangin women who would live in a box if they were told to. The woman in your scenario is just as likely to cheat with the part time uber wagie who sells her weed. You dont understand women and real estate is crashing.

[Anonymous No.53109379]

>>53109206
You are cute and have no idea what a woman with your children can do. Now you think you do, hence the big mucho shit talk with your wife, but all you did was arm her and give her something to think about.

May wanna rethink your options anon. Bitches are beyond brutal when they smell money and the court system is primarily set up to protect your children and her (from you)

[Anonymous No.53109392]

>>53109366
>i paid 3x my annual income for my house and im still up 100k on equity, my wages will continue to go up, ill pay it off in 7 years. then I will NEVER SELL.

>check and mate debtfags
>sigma

[Anonymous No.53109439]

Bros, my lease is up at the end of March and I'm seriously thinking about hooming. How dumb would this be? BTW, keep in mind I live in south FL, prices are not going down.

[Anonymous No.53109459]

>>53109439
buy the top, the true /biz/ way

[Anonymous No.53109469]

>>53107646
viewing the listings on zillow that have been up for more than a month is often pretty hilarious

[Anonymous No.53109504]

>>53109439
>prices are not going down.
retard half of florida is going to be in foreclosure within 4 years

[Anonymous No.53109505]

>>53109439
We need to cause a boomer vs millennial uprising and take over the villages in orlando.

[Anonymous No.53109523]

>>53109379
Well she cannot do much to my children 6 feet below ground level, can she?
It's necessary, because next step after divorce raping you is trannifying your children.

[Anonymous No.53109614]

>>53109505
I wouldn't be surprised if a bunch of those boomers are reverse mortgaging their condos to fun their never ending party in Florida

[Anonymous No.53109724]

>>53109379

Can't do much when you're dead tho

[Anonymous No.53110232]

>>53107727
A Zestimate rising for more than 4 hours requires medical attention anon. I would get that checked out

[Anonymous No.53110313]

>>53109439
Just buy a home and HODL bro. I bought bitcoin at 65k last year and haven't looked at the price yet, but I'm assuming we're at 200k at least.

I think buying a home post 2019 is like buying bitcoin at 65k. We all know it's gonna be up a further ~ 2x by this time next year.

[Anonymous No.53110326]

Hey so basically I'm just gonna not lower the price of my second house... I know UGH I know... I'm sorry!!!!!!!!! It's just that I'm not gonna lower it is all HAHAHAHAHAHAHAHAHAHAHAHA

[Anonymous No.53110328]

>>53110313
Speaking of, let's check my BTC holdings for the first time in a year. We can look together while we dab on the rentoids hahaha

Alright, let's see......

[Anonymous No.53110341]

>>53110328
What.......

THE...........


FFFFUUUUUUUUUUUUUUUCCCCCCKKKKKKKKKKKKKKKKK?!?!?!?!??!?!?!?!?!??!?!?!?!??!?!?!

[Anonymous No.53110350]

>>53110326
anyone who actually owns a home knows how much work and money they cost and don’t act like this. just incel larpers on 4chan who are underage b& in mommy’s basement

[Anonymous No.53110361]

>>53107892
Yeah, it's a good thing nobody ever dies, moves, or loses their job, and that nobody can ever build new houses lol.

[Anonymous No.53110379]

>>53110361
they will all claim to rent their homes out meanwhile there are record number of multi family units coming online year after year driving down rents lol

[Anonymous No.53110417]

>>53110326
No one cares faggot. List it for $30trillion if you want, nobody will buy.

-87% housing crash coming

[Anonymous No.53110681]

>>53109392
>Heh, this will get him!

[Anonymous No.53111056]

>>53107892
either lenders or landlords will go bankrupt. the government would never save the banks...
https://news.yahoo.com/mortgages-down-55-us-lenders-100000026.html

[Anonymous No.53111073]

>>53107646
thinking about unloading some btc for this...
https://www.zillow.com/homedetails/3021-5th-St-Bedford-IN-47421/115586608_zpid/

[Anonymous No.53111117]

>>53110350
Nice cope. Why would anyone with a low interest rate bother to lower the price when it's cheaper to keep it on the market and pay some neighborhood kid to mow the lawn?

[Anonymous No.53111119]

>>53107727
mine did too, I was surprised

[Anonymous No.53111141]

>>53108830
These aren’t stocks or crypto. You can’t just sell and rebuy the same thing later. You can rebuy a similar house in a similar area but that’s a shitload of work unless you were already planning on moving soon. Imagine uprooting your family for 50-100k

[Anonymous No.53111151]

>>53108925
>that's 20 years behind the rest of the country.
You say it like it’s a bad thing

[Anonymous No.53111158]

>>53107727
i think its going down fast in places where it went up by insane amounts, if youre in a stable market that didnt get crazy youre probably fine

[Anonymous No.53111176]

>>53109439
Do you plan to move in the next 2-3 years? If not, buying isn’t a bad option. See how much it costs to rent vs what you want to buy. Make sure to take out the equity from the mortgage. It’s small but it still matters.

Then decide if the extra privacy, space, etc is worth whatever increase in cost. Dollars to sq ft will be better in a house.

[Anonymous No.53111620]

>>53109147
Gee I wonder what happened in the 1970 and what would happened if the fed fucked around with safe stores of wealth again.

[Anonymous No.53111631]

boomer here who owns 7 rentals in phoenix

My zestimates are still up from a year ago.

[Anonymous No.53111641]

>>53107646
Holy frick -$5k on a $500k home!!!!!

[Anonymous No.53111673]

>>53110341
you put a lot of effort into that so ill give you a (you)

[Anonymous No.53111725]

>>53107646
Why don't y'all just buy a mobile home? Do y'all really need a big house or something?

[Anonymous No.53111745]

>>53111620
>Gee I wonder what happened in the 1970
In the Netherlands? Not much. 1980 is when global neoliberalism kicked into gear with Reagan, Thatcher etc.

[Anonymous No.53111805]

>>53108925
you post this in every fucking thread you obsessed dweeb
>20 years behind the rest of the country
in what, exactly? the hustle and bustle at the the barcade?

[Anonymous No.53111811]

>>53111111
Damn checked

Anyways I bought 600k in Chelsea MA a shitty neighborhood in 2021 and now "the Zestimate" is 650-700k. The anon here who said buy in Latino neighborhoods was right. Going to sell and move to the woods and work remote forever.

[Anonymous No.53111839]

>>53107646
wtf? I lost $5k this month and my neighbor lost $7k. What is going on? Is the economy deflating?

[Anonymous No.53111851]

>>53111158
this, my market only went up 19% over the two years, faster than normal but not insane given historical averages. I'm up 80k, price hasn't moved for 6 months or so now though. if anything my market has flattened out but I don't think it'll crash, maybe it'll go down a bit but it would have to go down something like 40% of its current price before I end up getting close to losing anything between equity and what's already increased.
>t. Delaware Anon

[Anonymous No.53111868]

>>53108384
>poorfag incel hands typed this post
embarrassing

[Anonymous No.53111871]

>>53111851
imagine thinking you’re “up” because of a fake metric that doesn’t reflect reality at all lol real estate market is at a standstill you will not sell for what you purchased for let alone what you think you are “up” by from zillows retarded algo.

[Anonymous No.53111884]

>>53111868
i literally inherit two homes and make 6 figures lol but i’m not bragging about it in a larp on 4chan

[Anonymous No.53111891]

>>53111884
stop lying incel

[Anonymous No.53111902]

>>53111891
what is so unbelievable about inheriting when someone dies retard try getting on your ancestors good side instead of shitposting your life away on 4trans

[Anonymous No.53111905]

>>53108925
This guy is dead wrong.
The central, southern and western states are seeing a steady influx of east/west coast money with no signs of stopping. The metropolitan exodus is real, and widely under reported.
Don't believe me? look at the new construction in MY & WY. Not $80,000 bunk houses for oilboys, its $500k+ luxury single families, and thousands of them. Solely for the wealthy NYC/portland/seattle/angelenos that want to live somewhere they can raise a son without them magically becoming a daughter. If anything, "chudville" is insulated from the -25% drops the metro's have already seen. Really, the next 2008 is urban real estate. All its gonna take is another rent freeze for shlomo to sell his $20M upper east side goypen for $5m.
>people are starting to realize freedom is priceless

[Anonymous No.53111926]

>>53111905
>active
>new build asking pie in the sky price
check back on that house in 10 months when they’ve price cut 5 times.

[Anonymous No.53111935]

>>53111902
>doubles down on their larp
*yawn*

[Anonymous No.53111970]

>>53107866
I locked in a sub 1% fixed 10 year fixed mortgage over a year ago. Thanks for playing. I’ll pay 16k in interest payments over 10 years. People I know who just bought a house will pay 90k in interest payments over 10 years fixed currently. But Uhh I guess congratulations on getting a 10k cheaper house? Also don’t forget to add the rent you’ve paid while waiting.

[Anonymous No.53112012]

>>53111926
That house is actually a cheap one. This isnt a new phenomenon. It started with covid and has only increased. Missoula area is the new jackson hole. Most of these new construction houses are already sold before they're finished. Compare any of these Montana houses to Long Island and you will see why they're hot. If you want to leave NY there's 3 choices FL, MT, or KY. Only difference is the ones that move to MT dont move back because they love it.
>source
>I live/work in metro NY
>so many employees left for MT we've opened a MT office
>>53111902
I honestly dont doubt this anon, because I am literally in the same boat. Mom died with two 1/2 paid off mortgages, used life insurance to pay the rest. Now I own two homes at 50% under market. Equity is truly an amazing gift.

[Anonymous No.53112039]

>>53107892
Are all post like these ironic? I always read them and just assume that they're ironic

[Anonymous No.53112057]

>>53112012
these are listings dude they are not going to get 25% of asking for those. new constructions will drop hardest as they were constructed using expensive materials and are overpriced

[Anonymous No.53112122]

>>53111905
>haf mirrion dorrar for 1,600 sq ft
u wot, m8?

[Anonymous No.53112199]

>>53112057
My brother in Christ, all the other houses built as part of that development were already sold before they finished. Also, this house was built in '22. Building materials reached the new normal months ago. Check WOOD, or your local home depot.
>>53112122
It only makes sense when you consider missoula is the new aspen/jackson hole. The days of MT being a flyover mountain range are long gone.
>This lot and UNBUILT HOME sold for $1,000,000 after 10 days on the market
I know, its retarded, but this is reality. Flea the cities, be rebellious, raise a white Christian family. That is what people want, even if they're too scared by the woke mob to say it.

[Anonymous No.53112218]

>>53109378
this
>t.Homeless druggie who has turned down more pussy than most of this board has gotten

[Anonymous No.53112242]

>>53112199
>I know, its retarded, but this is reality. Flea the cities, be rebellious, raise a white Christian family. That is what people want, even if they're too scared by the woke mob to say it.
Okay, but there's infinity markets of the rest of the country where you can get something nice for 1/3 that in a safe normal town. You're just telling me that Montana is overpriced to fuck now like some NYC suburb.

[Anonymous No.53112244]

>>53107876
Bought in summer of 2020 and i'm up 30% and i live in a town that has a corporation forcing mexicans into it for cheap labor
will sell for a 2x (maybe more) in the next 5 years

[Anonymous No.53112277]

Mine has gone up 24% since I bought it 2 years ago. I'm thinking OP's threads are trying to scare people away from buying houses for some reason, or some other kind of real estate related FUD. These "zestimate" threads appeared out of nowhere and were spammed very inorganically when they first appeared.

[Anonymous No.53112279]

>>53107876
Factoring in taxes and fees I'm still up 21.5% lol. Houses around mine sell within a month at listed price. Guess you're wrong.

[Anonymous No.53112316]

>>53112242
The other million markets aren't *the* market. People said the same thing about aspen 40 years ago, and Jackson Hole 20 years ago. Its not overpriced if its just the beginning.
You can still find cheapies in MT, but they wont be *the place to be*. Like Maine, you can find a house for $25,000 and a few miles away they're $2.5M. Its always
>location
>location
>location

[Anonymous No.53112344]

>>53107892
>comfy mortgage rates
>approaching 8%
>everything will go up forever

it's not about selling its about foreclosures you fucking moron

famous last words of a coping leftoid

[Anonymous No.53112359]

>>53109147
>everything is fine

[Anonymous No.53112392]

>>53112344
I watch foreclosures in my neighborhood. You act like there's going to be a foreclosure-Armageddon. They make up less than 10% of housing sales. The other 90% are housing being sold for higher, higher, and higher each time.

[Anonymous No.53112426]

>>53112392
lol anyone have the realtor shill meme of her typing all these fucking bot talking points. you sound like every shill ever who is copeing about missing the top and right before the massive leg down.

[Anonymous No.53112439]

>>53112392
Ah yes, every investment news channel is saying housing prices will go down too. I'm the bot! You caught me. And even the US Govt keeps saying "Don't worry, we'll help you all with these increasing housing prices!"

The prices will go up. Fucking with rates isn't going to do anything. Time to refocus on other ways to save the economy.

[Anonymous No.53112448]

I did. I'm still up like 1.5x.

[Anonymous No.53112455]

>>53107711
Literally everyone tried to warn you, but you wouldn't listen.
Well if you didn't have ears to listen, you've got eyes to see.
You did it to yourself cryptobros.
Buy the dip, lmao.

[Anonymous No.53112470]

>>53112439
> Rates don't effect house prices
Biz is full of tards

[Anonymous No.53112482]

>>53107773
Bruh, try selling it. You won’t get as much as you think. That data is probably based on the most recent 4 sales in the last month in your zip codes of houses in your approximate value range.

[Anonymous No.53112503]

>>53107904
One day you will understand that intelligent people who own real estate don't care what happens to the price. My home value could jump 500% tomorrow and I still wouldn't sell.

[Anonymous No.53112518]

>>53107919
Extremely based.

[Anonymous No.53112537]

>>53111905
Is that corrugated tin wainscoting? Fucking BASED shithole!

[Anonymous No.53112608]

>>53112537
This man gets it.
>(((they))) love tin and shiplap for the rustic country feel all at HALF the cost of the staten island house
Pic related, that based shithole 5 years from now.

[Anonymous No.53112764]

>listing goes up near me
>super high, obviously following Zestimate
>Tell them to knock $50k off and I'll take it
>Tell me to get lost
>Wait 30 days
>$15k off
>Tell them to knock $35k off and I'll take it
>Tell me to get lost
>Wait 30 days
>Another $15k off
>Tell them to take off $20k and I'll take it
>House is sold to somebody else who only asked for another $15k off instead of $20k
Like clockwork. Wish we could skip the 60 day song and dance. People who lost for the Zestimate are the most naive time wasters on planet Earth.

[Anonymous No.53113115]

>>53110417
>lists house for 100trillion
-87% house crashing
House still worth 13 trillion
Checkmate libtard