[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 132 KB, 1200x982, 1697912117393673.jpg [View same] [iqdb] [saucenao] [google]
56674390 No.56674390 [Reply] [Original]

It's official, we are officially now weimar germany. my shitbox house in the ghetto was worth only $35k just 5 years ago, now im getting offers for $260k on it.

>> No.56674543

>>56674390
zoomers had so many opportunities like buying property in Detroit they just didn't take

>> No.56675344

>>56674543
yep this is definitely the top though, i don't see it getting much more insane than this. im going to take profits now and get out. wait till the blood is in the streets to buy back in.

>> No.56675370
File: 20 KB, 324x223, 1699719134753774.png [View same] [iqdb] [saucenao] [google]
56675370

No, it's just your ghetto hovel is getting the very end of the "whip" in price increases. Shit is about to go down.

>> No.56675837

>>56675370
you mean hit the fan? i don't doubt it. it's not like any of this is sustainable. housing cant just keep going up forever and even if it did it would make millions homeless in the long run, no home = no reason to work = collapse of american way of life. so yea. they literally cannot keep this going forever.

>> No.56676168

>>56674390
sell and buy bitcoin miner and amd/nvidia stock

>> No.56676225

>>56675837
I'd rather see that than parking lots full of cars on any day of the week because these fucking normies can't stop to consoom.

>> No.56676259
File: 1002 KB, 1080x1356, Screenshot_20231111-192752.png [View same] [iqdb] [saucenao] [google]
56676259

Trailer on 0 acres of land. Yes, land is leased.

>Beautiful, well maintained, 2 bedroom, 2 bathroom 2006 Mobile home on leases space in 55+ court in the southern hills. No pets. No sub-letting. $350 Lot rent.

>> No.56676283

>>56674390
The amount of silver my friend has bought is making me sweat. The CPI can’t be a lie right? Surely the fed will somehow deflate 33 trillion without turning on the printers…. Right? There’s no way this could hyperinflate…

>> No.56676299
File: 107 KB, 1080x1433, Screenshot_20231111-193343.png [View same] [iqdb] [saucenao] [google]
56676299

>>56676259

Only worth 40K as well (tax history). It's over.

>>56676225
>>56675837
>Millions homeless

You do realize that this must occur in order for housing prices lmao rents to go back down, right? Have you ever heard of a time when a landlord has reduced rent? Oh no. It's always "as costs have increased for you, so have costs increased for us". I remember hearing some CEO say on the news that they will only do it when "the last man, woman, ans child" are homeless and on thr streets. Otherwise, there is always a renter. Same with homes, always a paypig to buy

>> No.56676301

>>56676259
No way anyone will ever buy that mobile shak for that money. The true cost is 30-40k max lmao.

>> No.56676311

>>56675370
cope dollarboi. the buck has been broken

>> No.56676327

>>56676299
>Have you ever heard of a time when a landlord has reduced rent
Yes happened to me 10 years ago. My rent was reduced from 1200 to 1050 but they made me sign another year lease.

>> No.56676379

>>56676327
Maybe it was 8 years ago I don't remember now. It was a studio apartment in Bay area too.

>> No.56676410

>>56676379
The interesting thing about the coasts is housing markets correct a lot quicker. There are a lot of houses for sale that are pre-2020 prices. But... They're still 1-5MM for a starter. Midwest prices still haven't dropped a single cent, not sure why people aren't getting the message.

>> No.56676544

>>56676410
More like 900k to a million for a single family house in a shit area. Can find a condo for half of that.