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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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55905531 No.55905531 [Reply] [Original]

>end to WFH, with many requiring "hybrid" schedule
>right shoulder forming with peak head in May 2022
>economy is starting to sputter out, more talk of recession
>stocks dipped after end of July 2023

https://www.redfin.com/city/2287/ID/Boise/housing-market

>> No.55905533
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55905533

>> No.55905540

>>55905531

For housing to normalize houses have to be 2-4 times annual income. When they're at 10X we have a long way to go down.

>> No.55905553

>>55905540
next round of layoffs will be brutal

>> No.55905556

>>55905531
It’s still a supply and demand issue fellow Idahobro. Hundreds of new people moving into the state every day and combine that with mormons having 5 kids each, and the outdated boomer zoning laws not allowing enough new construction. Idaho will never be affordable again.

>> No.55905571

SD shows a double top:
https://www.redfin.com/city/16904/CA/San-Diego/housing-market

>mortgage rate might go up to 10% before cooling off

>> No.55905587

>>55905531
COVID protocols are coming back. People will use the covid excuse as a way to stay at home.

>> No.55905590
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55905590

>>55905556
boise isn't as bad as other places like SD. i am looking for a place to stay somewhere in the midwest but everywhere seems to be infested with undesirable folks.

here's the basic chart for abnb. palm springs just got fuckin rekt by the flood so that whole area won't be viable for vacations the rest of this week or even rest of the month.

>> No.55905625
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55905625

Austin:
https://www.redfin.com/city/30818/TX/Austin/housing-market

>> No.55905689

>>55905625
I plan to buy in austin soon. They're building so much shit and most of the city is still surrounded by empty grass

>> No.55905740

>>55905540
I'm just hoping things go back to 2018-ish levels so I can afford a damn house.
Things are still insane where I am. Everything is going for like 3x what it should.
You know what kikes the government are, they'd tax these homes higher if they could, but they're selling for WAY over their assessed values.

>> No.55905844
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55905844

>>55905531
Vast majority of America is fine. It's just Californians, ex-Californians, and liberals getting BTFO, much to my amusement.

>> No.55906265

>>55905689
i'm probably going to end up in WV or SC. not in a big city. not a city-type guy.

>> No.55907918

most people got their 2% interest rates though. who's gonna sell into 8%?