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

/biz/ - Business & Finance

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57196466 No.57196466 [Reply] [Original]

Real Estate is collapsing.

>> No.57196484
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57196484

>>57196466
IT'S HAPPENING

>> No.57196492
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57196492

>>57196484
TZD

>> No.57196508

>>57196466
Is now a good time for my mum to sell her house?

>> No.57196512
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57196512

>>57196484
>>57196492
what is this supposed to show? explain like I am a retard

>> No.57196518

>>57196466
The single best investing advice you can give someone is never buy into a collapse narrative.

>> No.57196520

>>57196466
Good.

>> No.57196545

>>57196484
>>57196492
so you're saying mortgaged airbnb is no longer profitable? Or what

>> No.57196559

>>57196518
nah there is actually a hyper supply of rentals coming online lol that will make all the rental SFH come online too and fix the historic low supply problem and normalize prices

>> No.57196573
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57196573

>> No.57196581
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57196581

>>57196559
rent is collapsing.

>> No.57196626

>>57196466
Come on up to Canada. Real estate is still booming.

>> No.57196750

>>57196512
>>57196545
288 Airbnb listings to 167 Property listings. How many leveraged Airbnbs run at a negative cash flow while relying on the property value increasing to cover the cost? What happens when they try to sell?

>> No.57196844

>>57196626
Yeah, prices still on a strong up trend with no end in sight since they refuse to slow down bringing in Indians. Im sure the bank doesn't want to light a match of deflation by lowering rates, so I wonder if they will end up lowering rates.

>> No.57197596

>>57196844
Oh no no nooooooo
>After jumping almost 10 percent during this year’s Spring and Summer home-buying season, the national median price for single-family homes and condos has decreased from $344,670 in the third quarter of 2023 to $335,000 in the fourth quarter. However, it is still up 6 percent from $316,000 in the fourth quarter of 2022.
https://www.attomdata.com/news/market-trends/home-sales-prices/attom-q4-2023-u-s-home-affordability-report/

>> No.57197623

>>57196466

A REAL STATE CRASH JUST FLEW OVER MY HOUSE GUYS!!!!!

>> No.57197634

>>57196466
the housing supply is about double it was last year
last year ~350K
currently ~750K

it will almost double again in the next year.
then, regardless of interest rates (which are transitory) it will be the time to buy again

>> No.57197853

>>57197634
They are building record multi family units year after year- currently they are trying to rent the units which is causing rent to plummet. soon they will be forced to sell (this is starting already you see many multi family trying to front-run the rentpocalypse.

>> No.57197974

>>57196466

Wake me up when the US housing market corrects. Cause location location. Do you see the east coast or west coast housing market correcting??

>> No.57198056

>>57196573
Based Scuffed Realtor

>> No.57198580

>>57197974
i do see them correcting while a none stop endless mass supply of condos and apartments keep coming online as well and none stop new starts too at the same time. looks like we’re getting a housing reset to 90s affordability after all. boomers thought they could hold the entire nation hostage indefinitely lol

>> No.57198593

>>57198580
>none stop
damn im stoned