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/biz/ - Business & Finance

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55478256 No.55478256 [Reply] [Original]

tfw home prices will never go down again

>> No.55478280
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55478280

>>55478256
Don't worry anon they've already come up with a solution for you. 50yr mortgages.

>> No.55478309

>>55478256

Real state is deflationary. Demand for real state is rising exponentially but supply isn't. Immigration and inflation will make it all worse.

Personally, I'm happy seeing my mortgage decrease every day with how things are going, not to mention that it's not going to get better any time soon, or ever.

>> No.55478341

>>55478256
i bet a bunch of new shit will be built and completely outpace demand for a couple years

>> No.55479147

>>55478256
Mmm not true. Inventory is low. My parents are selling some inherited property and they went from $400k to $250k and only had one offer for $190k. If the total number of houses for sale increased, they might get $130k. So the prices are very much out of touch.

>> No.55479177

>>55479147
Your parents live in an undesirable area

>> No.55479244

>>55479147
Your parents are black

>> No.55479401

But home prices are going down, especially in the bubble areas like California

>> No.55479419

>>55478309
It would as massive foreclosures will dump the price, but the issue is government will activate a circuit breaker to prevent an honest 80% crash. The game is "ponzi capitalism unless we're losing (jews)".

>> No.55479425
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55479425

>>55478256

>TFW you're a millionaire and you rent because mortgages are for wagies and home ownership is a lie

>> No.55479524

>>55479425
where do you park your money then?

>> No.55479564

>>55478256
Why don't you worry instead about your salary going UP lil bitch

>> No.55479571

Funny the copies want us to see them celebrate out loud every time they find some shithole in Niggerville, Illinois dropping.

>> No.55479578

>>55478341
They gonna build it for free or at the new going price of $5 per nail?

>> No.55479598

>>55479401
lel I saw a 900K asking home finally sell for 750K. They're still utterly out of reach to non-boomers.

>> No.55479818

>>55478280
What if we started a revolution in the zoomer population by convincing them that we are here to either be good and get rewarded by catgirls after death or be evil and be continously tortured by lizard people. Working on the manifesto as we speak