Everyone is saying J Pow waited too long.

People are still bitching about inflation. They can hold out for a bit before they cut rates. We aren't even at 5% unemployment yet. People are freaking out for no reason.

Reducing the money supply naturally increases interest rates.

They need to reduce the money supply and never go below 5% ever again

Realtor cope is the best, they literally refuse to find a real job. Fact is 10% of brokers make 90% of the money.

Imagine going to your broker in 2022 and he tells you to get out of the residential properties market because “the market is going to burn down”

Phukking retard

Interest rates take a long time to affect the economy, what’s happening with prices now has nothing to do with recent rate moves and one data point shouldn’t dictate anything — the trend is what matters. The US is just starting to see real impacts in its data and the Fed started raising rates almost 2.5 years ago, it’ll probably take 12-18+ months before current rate moves are seen in the data.

You’d expect house prices to increase with lower financing costs but that also depends on employment and wages. And central banks won’t want house prices spiking up because that will feed into the inflation data meaning higher rates.

I don’t expect rates to go super low again or to be cut very quickly unless the economy really goes sideways, so the broader market should hopefully resume a sustainable pace of reasonable price increases. Certain areas can of course increase much more or decrease based on their individual circumstances, I have no idea about Australia or parts of Australia, but on the whole they should hopefully stabilize and increase at a normal pace.

But rates in the US will probably be cut only to like 3-4%, maybe a bit lower here, which is still low historically but high compared to much of the last 20 years. People should probably prepare for a couple decades of interest costs that are higher in general than we’ve seen for the last couple decades, we shouldn’t be going back to free money.

People were freaking out 2 years ago brah, everyone behaves based on whatever their agenda is and what benefits them while reality exists somewhere in the middle.

I don’t understand people that sit around speculating about interest rates and the macro economy. Stupid peasants think they can predict the future lmao

Precisely what I will do. Locked in at 2.8% on a refi. I'm not selling. I happen to believe the value of this house will increase over time. And the amount I'll be able to rent it for will increase over time. It will cash-flow now with plenty left over after all expenses are paid. I can only imagine what those numbers will look like in 20+ years.



Renters seem to believe there is going to be a major crash. I'm going to some-how be under water and be forced to sell. The value of my home will tank and the price of rent will stagnate. That somehow in the long run they'll either be able to scoop up a house cheap and all the current home-owners will be giant losers. Or they will remain renters and 'invest the difference' and mog financially in the long term. Etc.



When you really pay attention to their posts it seems to be a massive combination of cope and hope. In what world are people who cannot afford to buy a house when things are good and easy going to suddenly become a success in hard times. Lmao.

TFW your day job is trying to forecast a range of probabilities and making decisions around them

You reduce the money supply by increasing interest rates you absolute nimrod

This is not true. Higher rates just means lower velocity of money, but the money supply stays the same unless the Fed is performing some type of easing or tightening.

Especially when they think they can predict the market

And end up cucking themselves out of millions of dollars or worse, their own financial security

^^^pretty good summary tbh

That's not how this works, lol. Even ghettos are getting bought out by *the haves* - of course, faster when prices drop. It's not single mom with two kids buying a house on her income is it?

Now look at the nuclear family. And ask why property prices continue to go up? *the haves* is your answer. The *have nots* pay Land LORDS

Land LORDS grow wealthy in their sleep

No you don't. Very basic economic concepts here…

We have inflation because the dramatic increase of the money supply - PERIOD. Increasing the cost of borrowing does not decrease the money supply - especially when the money supply continues increasing.

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