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/biz/ - Business & Finance


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56197625 No.56197625 [Reply] [Original]

>boomers die off en masse
>investment companies swoop in and purchase their properties
>property prices remain insanely high

>> No.56197641

>>56197625
It is crashing. However, inflation is so bad that it actually looks like prices are going up.

>> No.56197700
File: 327 KB, 1024x1109, 1024px-Parmigianino,_affreschi_steccata_09.jpg [View same] [iqdb] [saucenao] [google]
56197700

>>56197625
We will enact policy to expel commercial entities (landlords, investors, etc) from the residential real estate market. We will do this by imposing very high taxes on non-owner-occupiers. If you are an owner-occupier, you do not pay the tax. Home prices will plummet. Landlords will want to assassinate us. But more people than ever will have secure housing.

>> No.56197900

>>56197641

It is? Any proof of this?

>> No.56198169
File: 1.18 MB, 717x1151, sure.png [View same] [iqdb] [saucenao] [google]
56198169

>>56197900
sure

>> No.56199182

>>56197700
limit landlords to 10 units. (1 building) and i say its fair because it allows a small secondary retail market. Theres nothing wrong with that.

>> No.56199190

>>56197625
They said the same in 2007 lol, as soon as someone says never he is wrong

>> No.56199204

>>56197625
>investment companies swoop in and purchase their properties
Y tho
Bonds have better yields
Investing in housing is for plebs who can only get leverage as part of a mortgage

>> No.56199211

>>56199182
Yeah, the problem isn't landlords, it's rentoids.
Rentoids don't own a home, and so can and do often move, so they're immigrant at heart.
They have no loyalty.

The goal of making everyone a homeowner isn't a bleeding heart thing, it is to reduce as much as possible the fifth collumn.

>> No.56199288

who the fuck even replies to this b8 without the proper herbage

>> No.56199404

>>56199204
Shhh, don’t think just onions

>> No.56199426

>>56197625
>yes goy we will buy all the houses and rent them out to make 4.5% a year instead of buying treasuries for 4.5% a year

>> No.56199429

>>56197625
and here comes the best part:
with property prices going parabolic each year, inheritance tax fucks over the last of the middle class in urban/suburban areas, so there is a 100% chance of every single house being bought up by banks and real estate companies in the future. I cant stress this enough, when they said "you will own nothing" they really meant it.

>> No.56199436

>>56198169
Niggershithole with gunshots having such high prices isn’t exactly what I’d refer to as affordable

>> No.56199448

>>56197625
If the US didn’t have fixed rate mortgages this shit would’ve collapsed over a year ago. The only thing holding this shit show together is because everybody is paying 2% interest rates

>> No.56199617
File: 43 KB, 594x454, Screenshot 2023-09-26 071116.png [View same] [iqdb] [saucenao] [google]
56199617

>>56197625
people keep waiting on a housing crash, not realizing that it was actually a dollar crash, housing is never going down.

>> No.56202506

>>56198169
atlanta, lol

>> No.56202544

>>56197625
It won't be enough demand to meet those expectations either way. It's going down with the boomers

>> No.56202564

If you own a house

House prices coming down means you get to upgrade to a bigger one for cheaper

If they go up, yours goes up to, so you can still remain in the race/ down size and make profit

The only losing move is to rent

>> No.56202765

>>56197625
if your a poor fag and didnt get in during the covid dip your are not gonna make it sadly

>> No.56202796

Regulatory creep has created artificial scarcity. Yes, home prices are positively absurd right now, and new home builders still can't keep up thanks to the regulatory threshold set by bureaucratic shitheads.

First state to streamline this process gets a population boom of workers and a golden age.

>> No.56202822

>>56197900
the market is falling, but only in commercial and $500,000+ range. there will be no crash for starter homes, as no one is building them

>> No.56204110
File: 101 KB, 1112x620, houshold income of home buyers.png [View same] [iqdb] [saucenao] [google]
56204110

>>56197625
70% of home buyers are couples.

Median income of home buyers is 100k.

The people complaining about housing not being affordable are the losers.

Only retards rent.

>> No.56204139

>>56197625
And if companies don't buy them in mass, the central banks will print money like crazy to reach 2% inflation target like in Japan.

>> No.56204141

>>56198169
what the ultra fuck
these are the same price as eastern europe
but our *average* wage is 1500 usd monthly

>> No.56204156

>>56202564
Except you are paying HOA, property taxes, renovations, insurance...

You can easily be a renter without the ability to move lmao

>> No.56204158

The crash is just starting my friend. The financial system is just beginning to come off the rails. The next battle will be different from the last (2008).

>> No.56204159

>>56197625
Why would an investment company want to buy the top you fucking moron? Its crash rinse repeat all through history if you haven't noticed.

>> No.56204164

>>56204156
And not to mention sky high interest rates

>> No.56204170

>>56197625
Stop being a cuck, swallow your ego and find a girl who earns at least as much as you, and you two together can own a house.

>> No.56204186

>>56197641
Fpbp

>> No.56204202

>>56204159
To keep the prices of properties and the rents higher for properties they already own, and to keep you from owning.

>> No.56204263
File: 26 KB, 460x460, 1693675773196367.png [View same] [iqdb] [saucenao] [google]
56204263

>>56204156
>paying HOA
No I'm not

>> No.56204310
File: 39 KB, 656x679, 1642187955697.jpg [View same] [iqdb] [saucenao] [google]
56204310

sorry boomers, im never buying a house and im never buying your bags

im going to rent 30-days at a time always moving/traveling wherever i want to, always fucking tight +18 pussy in every new country i end up in

sorry just not buying a home is all

>> No.56204522

you won't wake up one day and all houses are down 30% in a week. the price correction will take at least a year, probably more like 3 or 4 years as it looks a lot like a 2008 repeat.

the other thing people don't realize is a couple house sales reprice the entire market. Your house maybe worth 900k today but in 3 months when 2 have sold for 750 and 650, then 3 months after that 2 more sold for 600 and 550, 450 is a better price estimate than 800.

>> No.56204590

>>56198169
most of those are in Buckhead, where all the rich white people decided to move to in the past 5-10 years. that whole part of town is basically a giant mall with apartments.

>> No.56204621

>>56197625
mass boomer die off is still a couple decades out anyway, we're in the mass boomer retirement phase, and that's not including if the rich ones use all their money to extend their life even further

>> No.56204645

>>56197641

just paid $6 for 91 octane at gas station so this checks out. TF is going on. Highest I've ever paid for gas in my life.

>> No.56204686

>>56204590
buckhead's a scam honestly, not that much safer than midtown and not as safe as dunwoody, yet way more expensive than either

>> No.56204967
File: 2.69 MB, 498x373, 1665969014095318.gif [View same] [iqdb] [saucenao] [google]
56204967

>>56204159
Wheel keeps on turnin.

>> No.56205263

>>56197700
Kek and how are you going to do that? Your "democratic institutions" are completely captured by commercial interests.

>> No.56205280

>>56199429
It's pretty based how hard they can fuck people over and those same people will cheer for it.
They'll institute an inheritance tax and claim it's to pay for reparations. Liberal retards will think it's a massive takedown of the billionaires and applaud and have casual sex with blacks to celebrate, then later on it will be used to wipe out their pitiful family wealth.

>> No.56205292

>>56197625
private equity is like 1% of the housing market. They physically cannot buy enough houses to make much difference

>> No.56205300

>blackrock will just own 30 million cardboard houses and let them turn to dust as the population growth stagnates bro trust me
Holy hopium, sounds exactly like crypto baggies "the institutions will buy our coins"

>> No.56205303

>>56197625
Investment companies are still subject to the laws of economics.

If rental properties are returning less than tbills, despite the maintenance, property taxes etc, then they are screwed

>> No.56205315

>>56199182
Nah, not in the age of llcs and corporations, that's just a minor inconvenience

>> No.56205328

>>56199204
Plebs can get interest free 10x leverage from selling naked puts, but no one understands that

>> No.56205342

>>56199448
Then it's the banks bagholding those mortgages that are getting screwed

>> No.56205348
File: 39 KB, 1308x435, inventory.png [View same] [iqdb] [saucenao] [google]
56205348

>>56204522
You need a massive increase in supply for 2008 to repeat.

People aren't going to give up their mortgages financed at 3%.

>> No.56205357

>>56202564
>House prices coming down means you get to upgrade to a bigger one for cheaper
It also means you are underwater and have a massively negative networtg

>> No.56205368

>>56204110
Boomer cope.

Owning is far more expensive than renting in most places

>> No.56205454
File: 55 KB, 1087x272, rent receipt.png [View same] [iqdb] [saucenao] [google]
56205454

>>56205368
Not here to convince you otherwise.

Thank you for renting.

>> No.56205647

>>56204156
That shit is miniscule. If you rent for 7 years that's throwing 100k down the drain

Buy and you'll own an asset worth 400k+ and pay minor stuff maybe 10k max if youre unlucky for renovations etc

Any other thinking is renter cope

>> No.56205654

>>56205357
No it doesn't. Unless you got greedy and got a mortgage beyond your means. If you can't pay it off within 5-10 years you dun goofed

>> No.56205662

>>56204310
Yeah, then you woke up from your mother's bedroom and wipes your Cheeto cumstain hands on your mattress

Kek

>> No.56205676

>>56205647
168k if you're renting*

My maths was off

>> No.56205694

>>56205647
It's so true. 10k is the average expenditure in to a home over 10 yrars. Rentoids don't know this LMFAO

>> No.56205983
File: 7 KB, 800x635, historical-median-monthly-rents-2.png [View same] [iqdb] [saucenao] [google]
56205983

>>56205647
Rent also increases every year.

Only retards rent.

>> No.56206346

>>56204202
The housing market is to big for that kind of manipulation.

>> No.56206362
File: 139 KB, 979x779, FwwsV1EWIAMitvY.jpg [View same] [iqdb] [saucenao] [google]
56206362

>>56205983

>> No.56206383
File: 160 KB, 372x447, 1683529778092031.png [View same] [iqdb] [saucenao] [google]
56206383

>jews buying houses as we speak
>jews flooding USA and europe with doctors and engineers as we speak
Y'all dumb as shit if you think houses are going down.

>> No.56206999

>>56206362
>rental line never goes down

Proved my point.

Only retards rent.

>> No.56207022

They already sold their houses. It's called a reverse mortgage.

>> No.56207178
File: 87 KB, 868x721, Screenshot 2023-09-26 at 22-54-24 Canada Residential Property Prices - 2023 Data - 2024 Forecast - 1971-2022 Historical.png [View same] [iqdb] [saucenao] [google]
56207178

>>56197625
high rates lower prices.
see pic.

>> No.56207248

>>56204156
>after 30 years max, landchad anon will have a paid off home and no housing payment for the rest of his life
>rentcels will stop paying rent when…
No rentoid cope will ever support the fact that renting is anything other than throwing money in the trash

>> No.56207349

>all this advice to buy the top

kek

>> No.56207368
File: 176 KB, 1280x720, im a big investor for you.jpg [View same] [iqdb] [saucenao] [google]
56207368

>>56197625
>smaller population thanks to all the deaths
>sizable portion of bought homes go unleased
>investment companies stuck holding houses that nobody wants to rent at these prices
>investment companies forced to lower rent prices or even sell at a loss

>> No.56207387

>>56205263
Theres more to the economy than housing retard, everyone, institution and pleb alike will agree to ratfuck landlords to save the other industries that depend on consoomption that it's being strangled by insane yoy rent and mortgage increases. The only reason there is hesitation is because lead adled boomers depend on it because they are otherwise completely economically worthless.

>> No.56207434

>>56204522
Yup, most boomers don't know what comps are. They think there is some undercover RE estimator assigned to their house hiding in the bushes keeping track of every $15000 floor reno and every ding in the drywall.

>> No.56207441

>>56207368
It gets spicy when one player goes rogue and dumps their bags and catches everyone else off guard.

>> No.56207443

>>56207434

Depends. I think places like Zillow are hiding how bad things really are and are keeping prices artificially high.

>> No.56207479

>>56205647
>you’ll own a 400k asset after 30 years and only had to pay 850k(plus tip to Uncle Sam, plus tip to insurance companies, plus tip to your HOA, etc.)! What a deal! Don’t forget to tip the roofing company too!

>> No.56207605

>>56197625
>investment companies swoop in and purchase their properties
Everyone says this but they never enplane how its a good idea. Most big investors prefer apartment complexes and commercial space. The buy ups over the past few years are starting to look like a git rich quick stop gap to high inflation. Managing a lot of SFH is a big pain in the ass.

>> No.56207618

>>56202796
>First state to streamline this process gets a population boom of workers and a golden age.
You just described Texas and a few other Sothern states.

>> No.56207652

>56197625 (You)
those investment companies would surely be happy to rent them out to a declining population at cap rates are already below that of treasuries, right??
to be direct, I'm saying, they obviously wouldn't be incentivized to buy them up when treasuries already yield more in many cases. they can buy them to be stupid if they want, but they'll lose to an analogous firm holding treasuries.
this logic only somewhat works when it comes to cheap apartments with a much higher cap rate, but it doesn't work on single family housing with a declining population of people who can afford it, given that cap rates are already below treasuries in many cases.
there's a reason firms never did this before, and it's because yields on single-family homes were never significantly higher than fixed income yields in the long term. insane amounts of QE messed with this in recent years, so firms started chasing yield anywhere.

>> No.56207681

>>56207652

QE and low interest rates were the reason such insane amounts of money were stuffed into RE in the first place. There were no returns in the bond markets so all that printer go brrrr pumped RE and stocks.

Now they're sucking the air out of that bubble and we'll see if the Fed has the balls to pop it.

>> No.56207755

>>56207605
>Everyone says this but they never enplane how its a good idea.

The people who say this are operating under the assumption Blackcock et al. would buy single family homes for political, rather than financial, reasons. Le great reset, own nothing and be happy, Jews, Saturn etc…

Yes it’s schizo, but then again this world is so fake and gay that you have to wonder if the schizos are right.

>> No.56207884

>>56197625
>>56199617
>>56202564
>>56202765
>>56204110
>>56205348
>>56205647
>>56205676
>>56205983
>>56206383
>>56206999
>>56207248

Kek baggies

>> No.56208496

MUH HOOSING baggies don't understand rates - with 7% you're basically paying for 2 houses with the same price - one for you one for the bank, over the span of 30-40 years (until you die).

>> No.56208624

>>56208496
Still better than giving it to the fucking landlord. Even banks are lesser evil than landlords
>shitlords - no pets please
>banks - I don't give a fuck as long as you pay what we agreed upon

>> No.56208695

>>56208624
I don't think you guys realize housing may have near topped for decades, what comes next is not going to be good times.

>> No.56208701
File: 100 KB, 800x797, 1693385008158435.jpg [View same] [iqdb] [saucenao] [google]
56208701

On one side I'm hoping for a bit of a crash so I can buy in. On another in Germany before WW2 people were selling their houses for "massive profits" thinking they had it made, but inflation was just so high they sold their houses for pennies on the dollar.

>> No.56208728
File: 788 KB, 948x1082, 64m8w47xbhe51.png [View same] [iqdb] [saucenao] [google]
56208728

whenever I post about landlords ant rentoids unethical exploitation i get 5 replies and the thread is forgotten. 4 of which says that lanlords provide upkeep, maintenance, care, and from the tone of it probably even pay more more then they get from rent just that poor rentie have a roof* over his head. awww how sweet of you.
Then you all comeback to discuss cryptos or whatever. :)

>> No.56209090

>>56207349
In housing, today's top is next year's bottom

>> No.56209105

>>56207479
If you play it smart you will have the house paid off quick and basically pay zero "interest"

Idk how poor rentoids think they are winning by throwing money away lmao. It's the ultimate cope

>B..but I can move anywhere every 30 days and fuck hot girls!!!

Yeah, of course. Now go back to your bing bing wahoo. Big boys (home owners) are talking...

>> No.56209110

>>56207884
Kek poor homeless (rent is due)

>> No.56209124

>>56208728
The whole of our existence is essentially "unethical exploitation"

The sooner you realise that, the sooner you can make it, instead of crying like a loser

>> No.56209172

>>56209124
This is bullshit and a cope for scum

>> No.56209358

>>56208624
Mate, you pay less for rent than for 1 house that you would purchase with cash.

With loans you effectively pay 2 times more + inflation on the house (plus taxes plus renovation plus maintenance) and you only get to own it after 30-40 years when you're about to die.

If you're smart you would find some minimal but decent apartment for one person and rent it and invest your spare money. Housing isn't an investment - housing depreciates over time without more investments, similar to a car. The insane prices you see will not be possible to pay by a lot of people and if you're under mortgage it will only cause you paying more money to the gov via taxes. You don't get the money - you can't move to other homes since they are also more expensive. TLDR not buying housingnigger baggies, cope or rope.

>> No.56209454

>>56209358
This. I pay $500/month for rent: why would I buy a fucking home?? Where am I going to find a rate like that without dumping my liquidity into a massive down payment when I could collect interest or invest with those funds?

>> No.56209496

What ab9ut burial plot land

>> No.56209500

>>56197625
You're right about the crash not happening but there wont be any swooping in last minute. Those companies are already entitled to homes via reverse mortgages and people dying in debt. Many people will be renting their family homes from the bank when their parents die instead of actually inheriting those homes.

>> No.56209545

>>56204590
"Past 5-10 years"

where have you been? Buckhead has always been where the whites of Atlanta live. whole reason why they fought hard to secede from Atlanta last year

>> No.56209692

>>56209454
Not to mention that you can relocate at any time and change flats if there are issues. If something happens with your property you're literally stuck with it.

>> No.56210513

I own a rental property, and treat my tenants quite well. I haven't raised rent, despite inflation in the last 4 years. I do this because they're good people, and I'm still making money off of it. They're saving for a house, if some lazy POS owned the property, the tenants probably not be able to save because the landlord have tighter margins due to hiring a management company, or not doing maintenance themselves. There will always be haves and have nots, we live in a capitalist society. That is the foundation of capitalism. In a housing starved Canada, if I didn't own this property, one of the top 10% owners would (who own more properties than the bottom 50%), in that sense it is zero-sum, so my brother and I buying it a net good, again for the same reasons. The top 10% are looking to make as much profit as possible: e.g. making all possible increases, evicting every 3 years for large market adjustments, inflexibility on payments.

>> No.56210531

>>56197625
>boomers die off en masse
This in and of itself is never going to happen. We're going to have boomers for the next 40 years.

>> No.56210543
File: 503 KB, 448x550, Screenshot 2023-09-27 at 7.17.47 AM.png [View same] [iqdb] [saucenao] [google]
56210543

>>56204590
>>56209545
>Buckhead

>> No.56210715
File: 126 KB, 2258x1150, F6-JafKWwAMZiPz.jpg [View same] [iqdb] [saucenao] [google]
56210715

Nah man, real estate is totally fine and you will be priced out fore----AACK

Remember housing is a status symbol. People will sell their cars, 401ks, savings, underrage childrens virginity, etc before they lose their house.

High interest rates are here for at least another 5 years.

Max Pain has not yet started.

>> No.56211107
File: 560 KB, 2560x1312, fertility.png [View same] [iqdb] [saucenao] [google]
56211107

>>56197625
Fertility rates say otherwise, soon enough there will be no one to import from India or China. Certain metros will of course retain value but there simply won't be as many people.

>> No.56211168

>>56211107
Good, we need more BBC (British Broadcasting Channels)

>> No.56211352

>>56211168
check it out this guy is constantly thinking about niggers!

>> No.56212456

>>56205348
Sometimes people don’t have a choice. They get laid off, family members get sick, etc. considering most households are dual income all it takes is one of the two people getting laid off

>> No.56212496

>>56209172
>wahhhh this is bullshit
>life isnt fairr!! disney movies and hollywood said its happy ending always!!
>gibs me dat!! I'M the main character!!

lmfao. remain poor.

>> No.56212539

we just can't stop winning hoomer bros

>> No.56212554

>>56209358
>>56209454
you can piss away money renting and making someone else rich

you can also gamble your money in high risk investments and lose it all

and then in 50 years when you are retired, you may have a deposit for a house you actually own, then by the time you are 80 you may have it partially paid off

or you can just be smart, put a big deposit down, pay it off by the time you are 35..

the amount of rentoid cope thinking they are wolf of wall street "investing" their chump change whilst paying the landlord 2k a month...

and if they were that rich they would just buy a house in the first place

>i- im too poor to own property but im a big investor h-honest!

lmfao

>> No.56212572

>>56212554
Upvote

>> No.56212584

>2004 all is well, trust us, not a run up
>2005 not a bubble
>2006 no no really not a bubble
>2007 sUsTaInAbL3
you are here
>2008 crash is NEVER gonna happen1!!!1

get back to me in 9 to 18 months, ill bet you housing prices are lower than today.

>> No.56212872

>>56204645
$6.50/g for 87 at the COSTCO. People were losing their minds over >5/g gas last year but now nothing. very cool.

>> No.56212938

>>56205348
It's a weirdly different situation. We're not going to see a lot of people losing their homes, but property prices will slowly *poof* as a trickle of sales forces revaluation of the market. Highly leveraged people/institutions will struggle. Joe and Sally slowly paying off their 3% fixed mortage won't - but they're already getting spit roasted by COL, taxes, and insurance premium increases so.

>> No.56213152
File: 109 KB, 1280x853, photo_5@01-03-2022_21-00-50.jpg [View same] [iqdb] [saucenao] [google]
56213152

>>56197625
yep, and the government will go full Trudeau before letting our population collapse affect housing prices

>> No.56213167

>>56211107
Reminder that India and China on their own have more people than North America and South America combined

>> No.56213710

>>56212554
I just said I pay $500, not $2k. I swear, these type of posts are coming from bots or something.

>> No.56214598

>>56197641
>that it actually looks like prices are going up
For now.

>> No.56215281

>>56197625
They will crank up interest rates till it crashes. No one will be able to buy and no one will be able to sell. What interest rate is that? No one knows. Get Trump back in and watch the rates drop and the economy rocket.

>> No.56215346

>>56204141
Yeah, but you're forced to have free healthcare and cheap education and public transport.

>> No.56215550

>>56197700
This is retarded. You'll only send more people to the street. The real solution is this:
>>56199182
and even a limit of 10 is too high. I'd say 4 tops.

>> No.56215683

>>56197625
>1 post by this I'd as the housing market is crashing before our very eyes

>> No.56215750

>>56215683
it's not though

>> No.56215824

>>56215281
>no one will sell
They have every reason not to sell but they will panic when the TV tells them to.

>> No.56215851

>>56197641
thats called stagflation dawg

>>56197900
the gas station you baboon

>> No.56216322

Why doesn't America just allow (cheap and middle) houses to be built without strong restrictions? It's seems bipartisan decision(see NIMBY, california, ideat that public housing is worse than homelessness etc)

>> No.56216387

Kek I'm going to build a luxury duplex on my boomer parent's teardown and rent it out for ridiculous amounts. I'm going to personally collect the rent, just to see rentfags seethe.

>> No.56216440

>>56216322
The construction industry is run by crime syndicates

>> No.56216503

>>56215346
Damn right
High quality free healthcare just at the cost of mandatory 14% tax..pardon.. premium deducted from every paycheck

>> No.56216642
File: 2.03 MB, 3202x5000, Waterhouse-Diogenes.jpg [View same] [iqdb] [saucenao] [google]
56216642

>dude buy this ridiculously overpriced house lmao
>dude pay this ridiculously high rent lmao
fuck all this shit. I'm going Diogenes mode

just living in random bushes and slowly moving to warmer climates as winter approaches. Diogenes + Vagrant Holiday mode. trading shitcoins in ditches if I have to, anything but to endlessly slave away in this clown world society just to maybe say I own a house by the time I'm fucking 60 who gives a fuck. I'll find a barrel to sleep and die in and you can all fuck off

>> No.56216714

>>56204202
They buy up entire (new) communities and sell them at a higher price to pull a profit, they do this all over an area starting with a new build community, then buy the surrounds as well to flip.

They aren't holding on to these assets and they usually don't intend to rent them either. They are buying up an area simply to drive prices up.
When they do intend to rent...well rentoids in houses realizing their shit is owned by a faceless financial megacorps is recipe for disaster

>> No.56216734

>>56205348
Until they are jobless...

The only thing fixing it quick is a market collapse (read not a crash, a collapse over 60%) - a total burst of the asset bubble, and a 10yr economic depression.

Thank fuck we're steamrolling right towards one, and bringing the world with us

>> No.56216765

>>56199190
You just said "never"

>> No.56216773

>>56207443
Boomers are having fairy tales blown up their ass by realtors, the media, and other boomers.
How they could think the house they bought in 1992 for 80k is somehow worth 800k now is the peak of delusional fantasy

>> No.56216829

>>56208701
They either crash this bitch or they let it run off the cliff into oblivion.

Crash = deflation
Deflation = asset bubble pops
Boomer 401K's get fucked
Boomers survive with SS, pensions, savings, wealth
They exit the job market for good as labor demand is going to plummet and only the best, smartest and most fit will manage to stay employed
Boomers ride off into the sunset

Let it run = hyperinflation
Every long term investment vehicle will end up worthless for boomers unless they cash out and move the money into inflation resistant assets/PM's, foreign currencies.
tldr they wont
The asset bubble expands
food gets much, much more expensive
the country and the government will likely collapse, because quite simply unless they immediately tie wages to inflation, sticky wages = economic death
the young stop going to work for pennies (sticky wages) and start taking from boomers at gunpoint

>> No.56216850

>>56216829

Hyperinflation is more likely at this point.

>> No.56216905

>>56216850
Boomers run the country.
They'd be shooting themselves in the foot big time, and deflationary crashes are also the best way to gobble up assets on the cheap.

Historically hyperinflation tends to not be survivable - it typically results in mass upheaval unless you are already a 3rd world shithole. 1st and 2nd world countries don't survive it (Weimar, Yugoslavia for example)

>> No.56217432

>>56216829
>the young stop going to work for pennies (sticky wages) and start taking from boomers at gunpoint

Pretty sure young people are too busy jacking off to free internet pornography to ever do what you’re suggesting.

More likely, the average goy will work for pennies, own nothing and be happy like the good serfs they’ve been conditioned to be.

>> No.56217448

>>56199211
>The goal of making everyone a homeowner isn't a bleeding heart thing, it is to reduce as much as possible the fifth collumn.
that only works if you are stupid, it's otherwise easy to sell a house and move capital

>> No.56218670

>>56216905

Right. Thats why they don't want their housing market to crash.

>> No.56218755
File: 147 KB, 796x1024, 1641316409176.jpg [View same] [iqdb] [saucenao] [google]
56218755

>>56211107
>that timestamp

>> No.56218790

>>56216829
your first assessment is too optimistic

yes it would be better for boomers to accept the sacrifice but the deflation and popping of the bubble would ruin a lot of pensions and 401ks as well
only the ones who raised decent families with children that are willing to take them in and support them can have a sunset
the others are plunging into the night with no sunset

>> No.56219159

>>56197625
Its happening in China right now lmao

>> No.56219248

>>56205280
Inheritance tax? Liberals can't even stop austerity every govt shutdown

>> No.56219280

>>56204170
>Implying I can get a sugar mommy
Maybe? I have a 7 inch dick but that's offset by crippling autism. Dunno if it's the best route.

>> No.56220778

>>56197625
you forgot
>government pays (((invesment companies))) trillions to house millions of illegal immigrants and refugees in the newly acquired domiciles

this is what will happen and it's why they are importing so many endless masses, as long as the middle class pays taxes it will all be hunky dory and they can exploit their new "citizens" for votes to stay in power.

This will eventually collapse the world, but they don't care what happens next year if they can live it up during this year. The people in power will be safe in their ivory towers when shit hits the fan anyhow.

>> No.56220793

This current market is so annoying. Everything says it should be crashing but it simply can't because there weren't enough houses built for 20 years and supply is still hampered by the red tape circus.

>> No.56220838

>>56216734
Thats not applicable anymore when a massive % of the population is either directly or indirectly being paid by the government

>> No.56221760

>>56211107
Even if India and china drop fertility rates its going to be a while before their billion plus group shrinks down to where they stop immigrating to the west.

>> No.56221866

>>56220793
>Everything says it should be crashing but it simply can't
oof, late stage 2007 vibes, isn't this what everyone was saying in the Big Short right before the actual crash?

>> No.56221882

>>56221866

Compare inventory then vs. now. There are literally not enough houses for the crash that should be happening to happen. It's a Mexican stand off.

>> No.56222241

>>56221882
I think the job market will be the one to pull the trigger. If/when unemployment rises significantly we should see foreclosures, especially amongst those who FOMOd into hoomes after the rate hikes began.

>> No.56222453

>>56204590
Most of those listings are in midtown you absolute mongoloid

>> No.56222560

>>56198169
Literally africa

>> No.56222605

>>56208728
You talk like a fat bitch and your shits all gay

>> No.56222926

>>56222453
>midtown
my fault, i meant Buckhead For Faggots

>> No.56224344
File: 639 KB, 730x677, c096334a3b600266f10ed5269f224295.png [View same] [iqdb] [saucenao] [google]
56224344

>>56204590
>>56198169
These are pretty similar to downtown chicago (the safe part) prices
Granted you'll be paying a MASSIVE HOA fee to live there (just like these ones in atlanta) but compared to a tier 1 city it's not bad

>> No.56226160

>>56202564
8% mortgage rates for 30 years, and buying at height of the market

in the 90s it was 10% for a 10 year

i dont see how renting or being a debt slave with a 30 year mortgage is any fucking different

>> No.56226185

>>56221882
>not enough houses

bullshit, 40-60% of american retail real estate sits not vacant and that wont be turned into homes? there is plenty of inventory; but everyone is holding and no one wants to buy in a sellers market

>> No.56226262

>>56218790
Pensions are fixed payout +/- 15% they have nothing to worry about, even if the pension holder goes bust they have FDIC and usually legal stipulations (esp with public sector pensions, military retirement, etc). The pension funds are required to carry bonds and inverses and they are also insured. Private sector pensions get a little dicier but they are insured and boomers would be looking at a $300-$600 loss in payout which would be irrelevant value proposition wise in a snap deflationay conventional crash.

On top of that Social Security just got a payout boost which will be worth its weight in gold during deflation.

401K's go to shit - big fucking whoop most boomers are collecting SS, disability and a pension anyway, that's also forgetting that a saavy boomer can unload his 401k's to cash after 59.5y/o anyway tax free kiddo.


Boomers get to survive a crash
They don't get to survive hyperinflation

There are stories from the Weimar period in Germany of fathers/pensioners/elder parents who lost it all and ended up entirely supported by their 18-25y/o sons who had made it big gambling on speculative stock plays (hyperinflation = insane market speculation)

>> No.56226275

>>56218790
>only the ones who raised decent families with children that are willing to take them in and support them can have a sunset

which is practically none of them, most gen Y/Z would sooner throw their parents in a concentration camp and sieze their assets

>> No.56226347

>>56218790
In a hyperinflationary environment 401k's, mutual's and auto-magaged roths are going to blow up in dollar value.

Pensions will never rise quick enough in any reasonable timeframe, payouts are capped by percentage, Social Security is absolutely fucked and won't afford you gas, and disability payments will be barely enough to keep the lights on.

Hyperinflation is infinitely riskier for pensioners and the elderly. Every Social Safety net designed to protect them collapses or becomes next to worthless, their investment portfolios were tailored for market normative conditions of which hyperinflation is anything but. Their savings are unable to adjust. They are forced back in an environment where the young are switching jobs every month because of sticky wages and the explosive devaluation of the currency.

TLDR they can't fucking keep up, lights go out, they lose all of their shit and they die either in the gutter or if they are lucky a pensioner home, most of their middle aged children (with kids) will be struggling and unable to support them anyway

>> No.56226368

>>56197625
Investment companies don't buy big homes. They target $300-$400k 1-2br in deep suburbs. There's a ton of RE investors won't touch. Think about how many overpriced McMansions or metro townhomes you've seen. No investors are lining up to buy those, dipshit.

>> No.56228806

>>56197625
I know it won't happen as well.
I doubt boomers dying off will really change shit.
I will be rentoid cattle for life

>> No.56228833

>>56215824
Maybe, but I think most people will continue to hold on to their assets till death. It's obvious at this point that the ladder will only be pulled up higher, and making such a risk would be reserved for only the most foolish of fools.

>> No.56229139

>>56199204
so they can own everything and you own nothing. that is the eventual goal.

>> No.56229150

>>56226347

The thing is I think they want a hyperflation scenario. They don't want their housing market to correct. Klaus said "You will own nothing and be happy".

>> No.56231759

>>56197625
>boomers die off en masse
>investment companies swoop in and purchase their properties
>Imported savages exterminate 1% for not sharing enough gibs and free housing
FTFY

>> No.56232817

>>56229150
They don't want you to own anything yes, but the assumption that they will do so by pricing you out is actually a cope and a variation of '"this time is different" when history shows what happens time and time again. They don't want to price you out they want you to overleverage and buy the top. Jews don't care about valuations in a crash, they want to own your shit and they want it cheap with the profits of the last supercycle.

Thinking you have an unspoken pact with Jews is the biggest mistake you can make anon.

>> No.56232871

>>56232817
Also, they can shit off credit/ your employment at any time to prevent goy from getting the cheapies at the very bottom, in case that wasnt clear.

>> No.56233267

>>56232817

As the market turns expect a massive blitz of attempts to get you to buy their stinky bags before the real panic starts. All it takes is someone like offerpad or opendoor to just dump everything at once to start it.

>> No.56233453

>>56229150
Out of control Hyperinflation = Total economic & civilizational Collapse. The end of pushing ideological lefty bs, total return to monke or military/fascist junta takes over

HEUG Deflationary crash = 10yr economic depression then boom and return to norm

>> No.56234064

Also the WEF goals are nothing new in human history. The difference was back then regular people used violence to put the megalomaniacs in their place. Now you just have faggots falling over themselves to become demoralizers like they were demoralized as a coping mechanism, like some harmless fly disguising itself as a wasp.

>> No.56234254

>>56224344
Yeah. Who that fuck wants to live in niggatown (Atlanta). Chicago has ghettos' to be sure, but not in the same realm of Atlanta. Also the weather is nice. Yes, white people prefer seasonal temperature than hot humid crap 24/7.

>> No.56234901

fags fags
stinky bags
gen x and boomer
filthy smelly hoomer
make homeless son and daughter
your home is underwater
borrow all you can
die with nothing
reverse mortgage scam

>> No.56235105

>>56202822
My observation has been that starter homes keep going up and up and up, and (((realtors))) are making the problem worse by snapping them up and renting them out, selling them to others to rent out, and slamming up poorly-constructed houses wedged so closely together you can literally walk down the street by stepping from roof to roof. They're doing this to rent the homes. Not to sell. Doctors and other high earners are getting out of commercial property and sinking their money into residential. I have watched house after house that would normally have sold for around $140,000 a mere five years ago disappear from the market THE SAME DAY they are listed at $210,000. In fact lately those $140,000 houses that were selling for $180,000 last year are now at $210,000 and climbing. Meanwhile, older larger houses (not suitable to function as rentals) that WERE selling for around $300,000 are getting marked down to $250,000/$240,000 and are just fucking sitting there because they're priced out of range as starter homes and none of the predatory (((realtors))) see them as viable investments for rental purposes. They want their homes small, one story, preferably new. I was looking at one of these POS houses and you can look from your bedroom window straight into the living room of the other home, which means they can stare straight at you, too. Go to the kitchen to wash dishes and you're once again staring straight into another person's home. In my area the idea of a starter home is dead, the only people who can afford "starter homes" are upper middle class-ish, and a LOT of people are stuck forever renting either a house or an apartment. These (((realtors))) are raking in $1,600-$1,800 a month on these shitty little homes, exploiting people who are desperate to get away from apartment living. But the reality is most of these homes are TERRIBLE and it won't be long before the HUD payments catch up to the affordability and these houses will become slum.

>> No.56235127

>>56197625

It's because we're in a recession to offset the MASSIVE inflation we did have during covid you short attention spanned zoomers. Wages will remain high while prices are falling until BOOM. The next crisis happens which will drive prices up again.

>> No.56235141
File: 57 KB, 1330x616, freddie.png [View same] [iqdb] [saucenao] [google]
56235141

>>56235105

The question now really is how sustainable is this model? People are running out of money fast. And all the houses that were financed to make rental income may not be making their payments soon.

It really depends on how much of the market was bought on speculation and how severe the downturn is and if the financing used to speculate eats up the speculators.

>> No.56235168
File: 20 KB, 400x382, draper laughing.jpg [View same] [iqdb] [saucenao] [google]
56235168

>housing will go down
call me when nestle or goya experiences major supply chain crisis for multiple months on end and an actual food shortage starts and you can warlord your way to a house and not play a rigged fiat game.

>> No.56235209

>>56235141
I have no idea. But the gap between the price of a starter home and the price of an older two-story home suitable for a large multigenerational family is rapidly narrowing. People who are trying to buy their first home are pretty much SOL, because believe it or not (at least in my area) the moment these homes hit the market some asshole surgeon or realtor drops asking price CASH for the house. People with money are buying up the affordable homes and collect rent on them while the values of the houses grow. Then they just go buy more houses to do the same thing with. At this rate there are going to be a lot of richer homes located in middle class areas just sitting vacant, not unless there is some rezoning going on that allows for a tenement housing situation, and then maybe some realtors will bite. I sure hope other parts of my country are different from the one I live in. It's just awful watching so many people living with their parents, or in apartments, or paying absolutely absurd prices to rent a home. RENT a home. The very idea is disgusting.

>> No.56235233

>>56235209

Yeah I would support heavy taxation on owning more than one home or "empty house tax" that makes doing that prohibitively expensive. But in jewusa that may be impossible to do.

>> No.56235289

>>56235233
That would absolutely help in my area. Possibly reshaping or redefining what constitutes as a "business" would help as well. If these homes are zoned in residential areas, but they are owned by a person who is RENTING that home, that would count as a business and they aren't allowed to do it and must either live in it or sell it.

>> No.56235338
File: 1.71 MB, 1024x1024, 1695887819718749.png [View same] [iqdb] [saucenao] [google]
56235338

>it turns out the circumcised penis sucking lizard people who run literally everything weren't bluffing about putting you in a pod and making you pay $5k/mo for your shoebox and bug protein lunches
Idk why this is so confusing to normies. It's in-your-face obvious that nobody is buying homes and there's 0 demand. They're just infinitely destroying the supply via mass turd world immigration, which gets accomodated with your tax dollars. White people are literally paying tax to house brown people in homes they can't afford themselves, all so boomers can keep watching the number go up. This is the crossroads. We either deflation downspiral as every asset and commodity gets great depression style rugged to 0, or we hyperinflate Weimar style. Canada is obviously choosing the latter by importing 1m poos/yr in a nation of only 40m, and US isn't far behind, with God knows how many spics (8-10m/yr non stop border zerg rush)

Those of you waiting for boomers to die are in for a tough time. They still have ~10 years of unnatural demonic lifespan remaining, and since they're of the synagogue of Satan, they will terraform all of your countries into Brazil out of the never ending undying spite they have for Millenials.

>> No.56235379

If the economy crashes by the end of this year (Vicious snap deflation and the asset bubble exploding) it will take till 2025 for the housing bubble to solidly crash.

Mortgage failures won't be felt for 6mo, even if 35%+ of americans end up unemployed. (PROTIP: They will)
Those who bought on high rates will simply abandon their homes as soon as rates drop

Inventory is still apparently the issue, that being said house prices are going to drop 35%-45% regardless ie back to late 2020 levels - but it will NOT be a housing crash - right now there are alot of deluded boomer sellers out there with realtors blowing smoke up their ass who are overpricing their home by $250k+ who are going to get hit with cold hard reality and alot of these boomers are looking to downsize.

TLDR you don't need a housing crash, you just need a crash.
Visit the homes you want and offer 2020 tax assessed value after a market crash - boomers can't comprehend inflation and deflation and they'll think they won because they bought the home in 1995 for half the 2020 price.
Be brutal and be prepared to lowball

>> No.56235450

>>56235338
Jew's didn't do too well after Weimar hyperinflation friend, where do you actually think this is going.
You have control in a conventional deflationary crash environment and you are able to grow and consolidate further by buying everything up cheap, you lose all economic control and productivity as soon as everyone knows the currency is absolutely worthless and rate hikes won't do a single fucking thing when the dollar devalues 100%+ in a single day. They were literally using currency as kindling and wall paper in Weimar

>> No.56235553

>>56235379

Yes foreclosure waves take anywhere from 6 months to a year to really get going because bankruptcy for the individual looks like:

>max out credit cards
>stop paying credit cards
>stop paying car payment
>stop paying mortgage

It's the last thing people stop paying so a bankruptcy can take years as people scrabble around to keep their precious hooom.

There won't be the flash of people just walking away from mortgages and taking the L like 2008.

>> No.56235653
File: 3.94 MB, 1200x674, Blackswan phase 4 release part 1.webm [View same] [iqdb] [saucenao] [google]
56235653

>>56197625
Damn shame. Buy 25k Blackswan instead. More info at blackswan dot biz. Here's a video of the bot in action on Telegram

>> No.56235913

>>56235653

SIR DO THE NEEDFUL

>> No.56237589

>>56235450
This will never happen because people have been trained for the last 50 years to see money as having inherent value. The fact that you can show someone dollar figures on a screen and they see it as valuable without a single point of tangible reference is proof of that. We're already cattle.

>> No.56238243

>>56237589
People have been conditioned from the beginning of time to see money as having intrinsic value - from shiny rocks to coinage to greenbacks.
Hyperinflation breaks that conditioning - when $100 goes from buying a TV to not being able to afford chewing gum in mere weeks people give it up and go back to bartering goods for goods - buuut currency is the means with which to pay for labor for companies and corps. Sticky wages that can adapt aren't even going to be worth showing up for, any company that can't feed its workforce and their families won't have a workforce.

The more advanced a society is, the more infinitely dangerous hyperinflation is

>> No.56238316
File: 93 KB, 625x625, IMG_3934.jpg [View same] [iqdb] [saucenao] [google]
56238316

>>56235450
>Will (((the powers that be))) behave rationally or greedily?

Take your bet.