/biz/ - Business & Finance

[Anonymous No.53671600]

House prices are actually beginning to drop. I thought the blackpilled anons on this board said they will never drop because of the great reset. What's happening?

[Anonymous No.53671892]

>>53671600
>What's happening?
Refer to your first sentence.

[Anonymous No.53671986]

>>53671892
You're not clever

[Anonymous No.53672010]

>>53671600

Wrong they go up forever. The Boomers never lie.

[Anonymous No.53672025]

It was never a bubble. Feminism caused this. Pre-2012 you were competing with trad families with single income. You now have to battle dual income households with picky bitch wives that need to find a place that would cure their depression because the background of their selfies will have recessed lighting on tall ceilings.

Housing became out of reach for most single people due to women. Prove me wrong. You can’t.

[Anonymous No.53672046]

>>53671600
>housing prices up 40% in two years
>mortgage rates at an ath
>house asking prices drop 3% recently
>WOOOOHOOOO! WAGMI RENTBROS!!!
lol

[Anonymous No.53672062]

>>53671600
>buying a house
In 15 years, depending on where you live, you'll be able to just walk into any house you choose, though you'll have to clean up the skeletons.

[Anonymous No.53672070]

>>53671600
only emotionally involved bagholders claimed prices would go up. neutral parties and non-retards always knew a doubling of mortgage payments in 3 years was unsustainable.

>Q2-20 $322k median home sale price; $1222/mo @ 3% w/ 10% down
>Q4-22 $467k median home sale price; $2657/mo @ 6.5% w/ 10% down

[Anonymous No.53674010]

>>53672046
Kek you got me there

[Anonymous No.53674232]

>>53672025
Everything comes to equilibrium. An excess of bitchy women will just result in more men choosing to stay single and in turn more pressure for the market to provide single income housing solutions.

[Anonymous No.53674616]

Problem is, who wants to sell their house to only get a new mortgage at 8%

[Anonymous No.53674894]

>>53672062
This but unironically. The death of the boomers is going to be the beginning of a new golden age.

[Anonymous No.53676609]

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[Anonymous No.53676690]

>>53674616
They dont want to sell their house but they will when they can’t afford the mortgage after they lose their job

[Anonymous No.53676714]

>>53674232
It has. It’s called high density housing. Only increasing the demand of single family homes as developers shift to apartment buildings.

[Anonymous No.53676731]

>>53674894
66 IQ man child typed this

[Anonymous No.53676822]

>>53674232
>single income housing solutions
ze pod

[Anonymous No.53677508]

>>53676609
>TOO LATE FOR CHAIN LINK
heh, he doesn't know

[Anonymous No.53677536]

>>53671600
They’ll drop but the blackpill will be is that interest rates will be too high for any of us to take out a mortgage and they’ll remain at a price that’s just out of reach for the masses

[Anonymous No.53677564]

>>53671600
yeh OP, they're dropping and they'll keep going down to 1960s prices and you and everyone will be able to afford them again and live happily ever after.

[Anonymous No.53677667]

>>53671600
The who? Didn't a dude die at one of their concerts? Or was it a house?

[Anonymous No.53677745]

>>53671600
Midwest hasn't really changed.

[Anonymous No.53677806]

>>53676690
Unemployment rate is the lowest it's ever been.

[Anonymous No.53677819]

>>53676690
Half of the people in a big city in the pnw are mortgage free

They arent selling

[Anonymous No.53677850]

>>53677806

this chart says unemployment go up soon

[Anonymous No.53677865]

>>53677806
Yet I can't get a fucking call back from these time wasting recruiters!

[Anonymous No.53677890]

>>53677745
The west coast is due for a violent correction. LA, San Francisco, Portland, and Seattle are not successful enough to prop up the real estate of their entire respective states

[Anonymous No.53678133]

>>53677890
It coincide with the tech bust.