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/biz/ - Business & Finance

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55194854 No.55194854 [Reply] [Original]

Do people unironically think a housing crash is going to happen?
>Record low supply
>People locked in at 2% mortgage rates
>People can't sell because housing is too expensive
It literally cannot crash if supply stays like it is. And supply right now is awful. It's not as bad as 21-22 but it's still bad. You will not see a crash,all you will see is a crabbing of houses prices over the next 5 years because they crammed 10 years of appreciation into 3.

>> No.55194873
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55194873

>>55194854
Housing will never crash as long as the ruling party is okay with filling the US with hoardes of browns.

>> No.55194904

>>55194854
walmart is cool now.

>> No.55195409
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55195409

>overleveraged top buyers walking on the edge of foreclosures
>poo skin migration valve cranked to 12 to keep supply low
>retail debt bubble just hit ATH
>student loan ATH
>largest demographic of workers starting to walk into retirement age

Yeah OK, number will just go up forever. Buy this chart if you feel like it. I'm sure there will never be a geopolitical event, food shortages, or crisis which interrupts the flow of third worlers keeping the ponzi alive. Take out an $800k mortgage for a house some boomer paid $70k for, go for it.

>> No.55196097

>>55194854
Population decline started. Houses will get cheaper and cheaper relative to real wages in the long run.