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Forum » Will housing market eventually crash?
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Thread: Will housing market eventually crash?

post 1635899233 04-10-2021, 04:41 PM
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#31
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No, because it’s still not as easy to get a loan like in 2008. Now they want your whole entire financial history. In 2008 anyone could walk
In and get a loan without any proof
post 1635899463 04-10-2021, 04:44 PM
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#32
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Imagine taking advice from miscers about anything that isnt srs lifting
post 1635899623 04-10-2021, 04:46 PM
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#33
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Originally Posted By Peacening⏩
No because home ownership has become consolidated. The number of people who own the home they live in has plummeted while the number of people who own 10+, 20+, 50+ homes has skyrocketed.

With the instability of the u.s. economy (impending collapse and downfall from world superpower to moderate place on the world economic spectrum) anyone with a high income is recognizing they need to tie up their money in physical investments like real estate.
this
Boycott foodservice industry crew
post 1635899713 04-10-2021, 04:48 PM
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#34
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Originally Posted By GeezersPalace⏩
It's the same subprime lending conditions as it was in 2008, in 2018, they were very very quietly and lobbied under trump to be de-regulated. You can buy a house with 3 percent deposit, which is diaster for the market long term I feel.

It will drop 30-50% like every other property bubble has before that i've witnessed.

Whole US Economy is one big bubble. The job market has dropped badly this year they are just manipulating the numbers with Biden. Things are bad and everyone knows it.
historically loans with 5% or less have not correlated with defaults...

credit worthiness has

VA loans are some of the strongest investments and require no down payment. FHA loans also tend to be solid. reps for data otherwise srs.

edit: just saw fozzy's post
Boycott foodservice industry crew
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