Housing is going to crash

[Anonymous No.54819953]

Remember when hoomers insult you as their argument. You are correct. Few understand this.

[Anonymous No.54819963]

>cant make a thread without meme words
and faded

[Anonymous No.54819971]

>>54819963
Lumber is saying something else

[Anonymous No.54819980]

>only 4 "undervalued" markets
>all but 1 in Illinois

Why?

[Anonymous No.54820060]

>>54819953
I already know housing is gonna crash.
It's gonna be worse than 08, and it will be glorious to those who are waiting on the sidelines to buy.
Gonna wait 4-5 years till IR comes down and prices bottom. Just like 08.

[Anonymous No.54820105]

>>54820060
Exactly, you just have to wait for unemployment to rise. When commercial falls, Residential follows.

[Anonymous No.54822034]

Bought at begining of 2021... house was up on value but nothing like it is now. They're currently listing the house at 855 and I paid 630 for it. I put half down and float a note for 330k at 2.95% interest. As long as we're above 500k, I'm fine as I don't plan on selling for the next decade. I could ride out any market fluctuations and will probably ride out several in my 4200 sq ft custom home on a golf course with a 4 car garage and a pool outside Dallas, Tx.

[Anonymous No.54822387]

>>54822034
I bet it's an ugly McMansion in a neighborhood full of Mexicans, not buying your bags.

[Anonymous No.54822425]

>>54819953
"Going to"?

Buddy where I live the median house price is down $250k from peak and down $30k just last MONTH

[Anonymous No.54823555]

>>54819953
>data is over a year old
>housing prices stabilized and continued upwards since
lol
>>54820105
>TWO WEEKS
lmao

[Anonymous No.54823590]

>>54822425
>buddy these numbers I pulled from my ass
layoff off the copium. there is no housing market collapse.

[Anonymous No.54823625]

I work in SFR for Wallstreet PE Firms. AMA retards.

[Anonymous No.54823649]

>>54823590
>>54823555
COPE. Lmao have fun being underwater in your mortgage that you signed at the tippy top of the bubble.

[Anonymous No.54823733]

>>54823649
>seething to the point of delusional projection
Chill out anon. Take your meds. You are so far reality right now its unreal.

[Anonymous No.54823765]

Denver here: We're getting some cool doomer articles about a 50% spike in property tax.

[Anonymous No.54823795]

>>54822034
>outside Dallas
Yikes

[Anonymous No.54823825]

>>54819953
It only makes sense that when there are shortages in a market that new supploers are rewarded by coming in and servicing the demand while at the same time new housing starts are crashing

[Anonymous No.54826059]

>>54823765
Why would it spike that much?

[Anonymous No.54826081]

>>54826059

They have a faggot jew for a governor. The better question is why it hasn't happened already, but it seems he had to take away guns first.

[Anonymous No.54826164]

>the car and home market are going to collapse

In 2 more weeks right. I've been waiting for the collapse since 2021

[Anonymous No.54826189]

>>54820060
You and a million others are on the sidelines and will just create a bidding war after a "crash". You'll never get a house for as cheap as you think. Everyone and their mother is waiting for the next crash.

[Anonymous No.54826200]

>>54819953
cant wait for a Nashville crash, any Nashville bros know this feel?

[Anonymous No.54826288]

>>54826081

it's because the assessments are increasing

[Anonymous No.54826499]

>>54819980
Illinois rapes the shit out of you in taxes so to compensate the housing in the rust belt portion is slightly less

[Anonymous No.54826536]

Basically there is 0 other reason to move to Illinois unless you're already set up here

[Anonymous No.54826555]

>>54823733
Anon.... you didn't buy recently did you...?

[Anonymous No.54826586]

>>54822034
>Outside Dallas
Lmfao not far outside enough cope harder!
>>54826189
>A million people on the sidelines
A million redditors with 100k student loan and credit card debt who dont know how down payments work. I will buy the bottom and you will seethe.

[Anonymous No.54826626]

>>54822425
Still going up fast here.

[Anonymous No.54826637]

>>54823625
What do all those acronyms mean

[Anonymous No.54826641]

>>54819953
>even houses in bumfuck nowhere are gonna crash by 50%
Holy shit hoomers have no place to run

[Anonymous No.54826654]

>>54826059
Because of how CO’s property tax laws work. Basically the taxable values are going to be updated to reflect the enormous price gains over the past two years. In my county overall taxable value literally quintupled (500%) from mid-2020 to mid-2022.

[Anonymous No.54826679]

>>54822034
>custom home
KEK you bought a spec home and had them add a few small garbage features

[Anonymous No.54826690]

>>54819953

But anon housing market will never crash. "They" told me housing goes up forever. So your wrong.

[Anonymous No.54826733]

>>54823795
>>54826586
>>54826679
>envy

[Anonymous No.54826925]

>>54819953
>house loses $60k in a single day
>it's still up $540k over what I paid
ok

[Anonymous No.54826953]

>>54826654
Ooof

[Anonymous No.54826960]

>>54826925
Sell retard

[Anonymous No.54826973]

>>54826953
Yeah it's pretty bad here in CO
>house gains half a million
>property tax went up 150/month
It's awful.

[Anonymous No.54826977]

>>54826081
Polis is working to create a ten year property tax break for the whole state you uninformed loud mouthed retard.

[Anonymous No.54826991]

>>54826960
>Sell retard
nah, my house will be worth a couple million in ten more years. I can sit on it for a while. Plus I like living in the mountains.

[Anonymous No.54827035]

>>54826973
Yeah I'm in boulder county and got my updated today. Up like 400k

[Anonymous No.54827046]

>>54826960
>sell retard
yes mr shekelberg we should all sell our land and buy boomer rocks, digital currency and blackrock supported corporations. All of those things have much more value than owning actual property. Or we could buy more property but at 7% instead of the sub 3% rates we locked in in 2018-2020.

[Anonymous No.54827055]

>>54819953

>Counties missing in every state...

[Anonymous No.54827115]

>>54827035
I still haven't got mine in Leadville, but I expect I made another quarter million in the last 2 years.

[Anonymous No.54827147]

>>54819953
>>54819953
>paid $80K in cash for a run down apartment in Uptown Chicago last year

Feels okay I guess. Might slurp up some bags in other markets when things crash

[Anonymous No.54827858]

>>54820105
>guys its cyclical
>only time it ever went down was 2008

You retards really don't have any idea how much money was printed in 2010 do you?

[Anonymous No.54828150]

>>54823765
Isn't that the demon horse statue from the Denver airport? Is that horrid mural still up?

[Anonymous No.54828350]

>>54826991
>>54827046
His property is probably inflated west coast or desert trash

As hyper inflation occurs you need arable huntable and ranch land, not a fag house that suddenly went up 500k for no reason

Or don't take my advice it doesn't matter

[Anonymous No.54828405]

>>54819953
Honestly, as a home owner, I can't fucking wait. I bought a home, not an asset. I can't fucking wait for my property tax to go back to being reasonable.

[Anonymous No.54828435]

You will never own a home. You're not Michael Burry. If you make less than $150,000 a year you will never survive in America

[Anonymous No.54828444]

>>54823625
Buy now or wait a year?

[Anonymous No.54828495]

>>54828405
The government only reassess when property values increase.

[Anonymous No.54828516]

>>54828435
>You will never own a home
Que?

[Anonymous No.54828534]

>Housing is going to crash
I'll see it when I believe it.