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53983535 No.53983535 [Reply] [Original]

Some of you guys are alright. Liquidate your home by the end of the week.

>> No.53983572

>>53983535
2 more weeks!

>> No.53983604

>>53983535
guysguysguys ripple!

>> No.53983608

Great, I was just looking to buy

>> No.53983674
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53983674

I personally cant wait

I will get the last laugh on the new york boomers who priced me out of my hometown

>> No.53983777

So prices will remain stagnant as rates go up another 4% right?

>> No.53983862

>>53983535
>portfolio manager
>hedge fund
>real estate
>real estate
>real estate

yes those investing in real estate will have losses. the average anon here will not face such consequences.

>> No.53983871

>>53983777
checked and true

>> No.53983958

>>53983535
A portfolio manager just flew over my house

>> No.53983978

>>53983535
Real Estate insider? That's as prestigious as having a Subaru.

>> No.53983998

thanks brother I just sold all my Real Estate™

>> No.53984383

>doomer grifters doomposting

>> No.53984478

>>53983535
>real estate insider
Oh good! You're not living in a box.
>99.997% of posts on /biz/ are a larp
You are stealing McDonald's wifi from your box, aren't you?

>> No.53985017

>>53983777
Checked trips of truth. Rentoids will own nothing and be happy

>> No.53985046

>>53983777
crab world

>> No.53985074
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53985074

>>53983777
checked holy digits

>> No.53985112

>>53983777
Divine trippps of truth

At this point I'm convinced Powell can gut open a child during one of his conferences and there will be 20 different ((((billionaires)))) stating this means deflation

>> No.53985135

I work in SFR for a WallStreet (((hedge fund))) aka the guys making housing unaffordable for 90% of the faggots who post on this board.

This literal who is right. Absolutely zero transaction activity in the SFR space right now. Mortgage rates exceed cap rates. Prices remain too high. Something’s gotta give.

>> No.53985150

>>53983535
>buy and sell low
good advice as always

>> No.53985188
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53985188

>>53983535

>> No.53985539

>>53983535
If you follow the market. They are talking about apartments not single family homes.

>> No.53985641

>>53985539
the same applies to SFHs. normies can't afford to buy a home. normies sure as hell can't afford to buy a home with your margins on top of the cost of the home itself.

>> No.53985660

not my problem

>> No.53985715

>>53985135
anon I trust you and I'm taking your word for it. wait how do I short this though

>> No.53985866

>>53985641
The number of single-family homes for sale is still half of 2019. How can their be a crash if there are fewer homes for sell than before covid?

>> No.53985983

>>53983535
well, I guess we'll know in a few days
friday there's also NFP, Unemployment Rate, Mt Gox stuff

>> No.53986046

>>53985715
Opendoor, AH4R and Invitation Homes are publicly traded. You do the math you make the short. Easy Peasy Japanesy

>> No.53986110

>>53983535
This dumb motherfucker is always saying this shit and he hasn’t been right yet once.

>muh big portfolio manager who will remain nameless

Sure, buddy. Whatever you say.

>> No.53986143

>>53983535
>ALF

This faggot is a fear monger

>> No.53986335

I am really wondering who the hell is buying houses right now, but anyway I just sold one for a +180% in <4 years. Their mortgage is gonna be 2x what I was paying minimum

>> No.53986390

Bullish for XRP

>> No.53986523

>>53986335
did you mean investors or just regular joes looking for a place to live?

>> No.53986600

>>53983535
its funny because houses follow the dollar more than gold does now since... 2008 i think? oh right we didn't deleverage

>> No.53987217

>>53983535
waaaaaah the poor realtors arent getting tons of free money this year. nooooooo
If i could put every realtor in the Superdome and detonate a nuke there I would not hesitate for one second to incinerate them all

>> No.53988428

There's really no scenario where we go back to 2020 levels without America's total collapse.
I'm not worried.

>> No.53988673

>>53985866
>volume dropping
>Nobody buying

>> No.53988680

So when do i buy more link?

>> No.53988698

>>53983674
>I will get the last laugh

You will be jobless, hungry and still without a house

>> No.53988716
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53988716

>>53983777

>> No.53988719

>>53988698
if it comes to that he'll just ram an ar-15 barrel up your colon and blow all 32 of your teeth out the front of your face lmao

>> No.53988727

On this note

The florida market seems to be doing well. House across the street put up for 330k...its a literally shit shack...a 3/1

4 days and it's already under contract. Someone is gonna have a 3200 dollar mortgage on that

>> No.53988927

>>53988727
Once your supply of equity rich boomer transplants dries up you're left with a state whose real estate market is firmly unattached to the actual economic fundamentals. Florida will be one of the last to fall but rest assured it will fall.

>> No.53989135

>>53983535
remember when everyone was laughing at china for crashing his tech and RE markets? well... it seems they what was to come so they push the brakes all way

>> No.53989164

>>53983535
No worries. I just staked all my real estate at 20% in the rental market until things blow over

Sorry. Still priced out zoomie

>> No.53989206

>>53983535
>house goes down 20% or whatever
>continue living here
>house goes back up
>continue living here
who cares

>> No.53989266
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53989266

>>53983535
Oh noes, not the heckin completely organic housing prices!!

>> No.53989267

>>53985866
buyer/seller skew. Buyers say to lower the price. Sellers refuse.

>> No.53989313

>>53989135
More on that ?

>> No.53989774

>>53986046
Also, Toll Bros and stocks like Home Depot and Restoration Hardware will get fucked

>> No.53989791
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53989791

>>53983535
>laughs in reit index

>> No.53989833
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53989833

OMG a hedge fund manager?
They always outperform the market!!

>> No.53989873

>>53983535
Volume has dried up, abut so has supply, no one is selling low just to get into sky high rent or crazy interest rate, of course the real-estate agents are all kvetching sense there entire job is skimming money from the volume

>> No.53990217

>>53983535
Rates increase, real estate cash flow squeeze, rents increase so owner can afford bills and make loan/vc payments, tenants have to either find better wages or cut back in consumer spending. Spending goes down so demand goes down. Demand goes down, prices go down. Inflation solved.

>> No.53990242

>>53983777
I hope rates go to 15% or higher.

>> No.53990267

>>53983535
>literal basedjak
>can’t even shell out for a checkmark despite being tight with the big fish

>> No.53990269 [DELETED] 

>>53988727
its weird because not long ago you could get a place in Florida cheap. I know a boomer that bought a nice place in Ft Myers. It has to correct. Houses are beanie babies.

>> No.53990282

>>53989873
If there's one good thing out of this it's that real estate agents are getting fucked. Their job provides little value, and definitely not 5% of the sale price or whatever the fuck they charge.

>> No.53990303

>>53988927
Florida has more jobs this year then newyork state for the first time in history. there will be a massive continues migrate from the woke shithole states to southern conservative states for the next 50 years.

>> No.53990355

Real Estate guy here:
Asset managers are fucking morons and all of them flooded into the industry after 2009 because it's been free money. Most did variable rate refi's to juice their waterfalls in 2019-2021 so they're getting super fucked by 8% mortgage rates. A lot of them seriously have to increase rents 10% a year or the bank will take over management.

>> No.53990391

People will just hold onto their houses, unless unemployment starts to rise and people are force to forclose... which may just be what Powell wants and intends.

>> No.53990397
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53990397

I'm pro-gentrification. I buy a couple houses in cities on the upswing (new corporate offices opening up, high performing charter schools based on SAT/ACT scores, other flippers renovating homes in the area and reselling ). I'm a small-time individual landlord, so I buy starter homes with cash offers (these are all financed on the backend but from the sellers POV its not traditionally mortgaged so we close asap). I exclusively rent to white couples only.

>> No.53990430

>>53989873
some will be forced to sell as unemployment increases.

>> No.53990463

>>53985866

>boomer thinks their piece of shit property is worth $200k more than it is
>lists property
>no bidders
>takes property off market

DURR low supply1!

>> No.53990493

someone post the vocaroo about kicking white boys in half please but make it about bankers or something.

>> No.53990508
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53990508

>>53983978
top kek

>> No.53990597

Bought my home cash, can't get margin called

>> No.53990988
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53990988

>>53989164

>> No.53991104

>>53990597
government will margin call you when your property tax is 50% of your net worth due to hyperinflation

>> No.53991123

>>53989791
Is a REIT a good inverstment in a falling real estate market?

>> No.53991124

Ventura County here, prices are still increasing moderately for anything between 300k and 700k, while more expensive properties are seeing mild cuts (still far above 2020). Once interest rates are lowered again I can't see anything other than another explosion in prices.

>> No.53991389

>>53985135
explain to me, as if you would explain to a child. what is happening en what is going to happen approx.?