An even sadder truth is that most people think like you do, because you're right, if you look at the information from a surface point of view. Of course you think those things.
It would be like saying a marshmellow is made of sugar. Techically, yes it is, but there's more to the marshmellow than just sugar.

As someone who works in the bigger picture. Let me spread some wisdom.

There is no reason for there to be a chip shortage, but you can't compare that to property development. Property is developed on bought land. So i don't see how that disproves me at all.
Instead of buying houses, they bought land, and plopped a house on it. Turning inflated cash into assets. Same chit.

As for the chip shortage, there are MANY angles but it also boils down to inflation.
Why?

The population who's involved in the manufacture of chips also happens to be very, very intelligent. You think they missed out on the chance for free money? **** no they didn't, corruption runs deep, and the wise took the most out of it, much of which was shared with family and in some cases, friends too. This caused MASS retirement.

The supply chain itself buckled for the SAME REASON. There's one thing that money can't buy. Capacity. Did you know that more truckers became multi millionaires in 2021 than any other year in the history of the human race?
Turns out, when you've got enough to meet your retirement goals, you retire. I personally know many transportation experts who can attest to this. All the best in the industry retired millionares last year.

You know how transportation contracts work right? What if i told you that some people were getting paid $30,000 to haul imports from LA to Boston? Thats $30,000 in a week. And then that same person gets paid $20,000 on the way back with more chit. Two weeks and mans just made more than the average American. Some did this for an entire YEAR. That's over $2,000,000 in cash.

Guess what? They bought property too! And won't work another day in their life. But the world has its limits, so how much do you think they'll pay someone to move vital supplies? $50,000? $100,000? Nah, they'll just focus on a different industry. That, my friend, is why there was a chip shortage. There will never be a cheap computer chip until inflation cuts the dollar down even further.

in 5-10 years the market will resemble big city markets like New York and San Francisco. $600,000 for an 1800 sf home will be the norm.

get in now before you're priced out.

So basically I’m ****ed?

Get that bunghole ready, feds raising rates 3x this year

Realtor here in the Boston area. If you are paying rent right now man you're in an uphill battle. Landlords raised and continue to raise rents to recoup losses they had during covid when they were not allowed to evict or raise rents. What a lot of common folk fail to understand is if there was some sort of housing crash and the supply stayed the same the bidding wars on these homes would make the last 9 months look like nothing. These renters think that sitting on 50-100k guarantees them a home during a crash.... What about the builders and investors sitting on 500-700k cash??? They see a market crash they will outbid you and scoop up all the property and then become your landlord lmao. If you missed the boat the last few years I feel sorry for you.

Realtor here in the Boston area. If you are paying rent right now man you're in an uphill battle. Landlords raised and continue to raise rents to recoup losses they had during covid when they were not allowed to evict or raise rents. What a lot of common folk fail to understand is if there was some sort of housing crash and the supply stayed the same the bidding wars on these homes would make the last 9 months look like nothing. These renters think that sitting on 50-100k guarantees them a home during a crash.... What about the builders and investors sitting on 500-700k cash??? They see a market crash they will outbid you and scoop up all the property and then become your landlord lmao. If you missed the boat the last few years I feel sorry for you.

Honestly, this is where Im at now. With the amount of cash theyre printing and the subsidies, soon a 3/2 in the midwest will likely be $500k.


I don't believe he Fed when they say theyre going to meaningfully raise rates, I believe they want to crush us completely and hyperinflation will definitely accomplish that.

I see them driving us to Weimar Germany economy conditions, it just makes too much sense and they already have the playbook and conditions well prepared.

Another huge plus is the USD is the world reserve currency, hyperinflating it would have the added benefit of destroying every other nations economy on earth. A win win for the globalists Great Reset.

just one mans random thoughts, I could also be completely wrong.



EDIT: fuking wizard above me ^^^^^^^^^ No way the globalists are going to let us both keep our wealth AND use it to buy up assets and houses after the markets tank. It makes no sense considering their goals.

holding out on buying something is very rarely a smart thing to do with your money when it comes to investments

Just LOL at people who think because of fed rate increases prices on houses will drop, this is not how it works when inflation is soaring

prices of building costs will remain to go up, pay for workers will go up, and your house price will go up, meanwhile your % APR on your mortgage is also going to go up, so the longer you are sitting around "waiting for the right time" you actually look like an idiot sitting around watching your value decrease and decrease because you are holding onto currency that is going down in value while property is going up in value you god damn dingbat

It's unbelievable how expensive rent has become, especially in cities.

I rented an apartment in Grand Rapids back in 2013 for $1200/month. It's now $2100.

It's insane.

Nobody wants to hear this, but it's the best advice imo:

2008 was a once in a lifetime crash. Don't expect it to happen again in your lifetime. Don't try to time the market. If you're ready to buy, then buy right now. Every year you wait, is another year of inflation and throwing money away on rent

I agree with this I’m not expecting a crash but at least a correction and my rent is cheap af but I live on skid row literally hear gunshots and screaming every night I would like to buy in a nicer neighborhood or maybe a rural area and I’ll commute

listen, just because inflation is going up doesn't mean the average middle class consumer/new home buyer is magically getting more money. it's the exact opposite, they have less money.

The only reason this bubble is sustainable is DUE to the 0% interest. Middle class consumer is still the majority of the buying market. What happens when interest rate goes up?

The buyers will dry up. Period. They don't care about building costs etc. They can't afford it.

Do you understand this?

listen, just because inflation is going up doesn't mean the average middle class consumer/new home buyer is magically getting more money. it's the exact opposite, they have less money.

The only reason this bubble is sustainable is DUE to the 0% interest. Middle class consumer is still the majority of the buying market. What happens when interest rate goes up?

The buyers will dry up. Period. They don't care about building costs etc. They can't afford it.

Do you understand this?

you are looking at things way too one dimensional and its obvious its due to your hedging all your bets on the prices dropping, which they wont. Good luck.

listen, just because inflation is going up doesn't mean the average middle class consumer/new home buyer is magically getting more money. it's the exact opposite, they have less money.

The only reason this bubble is sustainable is DUE to the 0% interest. Middle class consumer is still the majority of the buying market. What happens when interest rate goes up?

The buyers will dry up. Period. They don't care about building costs etc. They can't afford it.

Do you understand this?

you are looking at things way too one dimensional and its obvious its due to your hedging all your bets on the prices dropping, which they wont. Good luck.

nope. i just exposed your logic. i work in real estate, i don't want the sales to slow ever. so you're wrong there as well.

exactly so your bias is you dont want the sales to slow. Increased housing costs and increased mortgage rates will dramatically effect your ability to make money from sales.

You are going to be fukked and rightfully so because you just spent 2 years getting to make TONS of extra money, and if you didnt set a bunch aside knowing you were only making so much money because of a freak occurrence that will only happen once in a career, then just LOL at having that much of an ego that you think you could keep it up forever.

listen, just because inflation is going up doesn't mean the average middle class consumer/new home buyer is magically getting more money. it's the exact opposite, they have less money.

The only reason this bubble is sustainable is DUE to the 0% interest. Middle class consumer is still the majority of the buying market. What happens when interest rate goes up?

The buyers will dry up. Period. They don't care about building costs etc. They can't afford it.

Do you understand this?

exactly so your bias is you dont want the sales to slow. Increased housing costs and increased mortgage rates will dramatically effect your ability to make money from sales.

You are going to be fukked and rightfully so because you just spent 2 years getting to make TONS of extra money, and if you didnt set a bunch aside knowing you were only making so much money because of a freak occurrence that will only happen once in a career, then just LOL at having that much of an ego that you think you could keep it up forever.

Just like you have to account for taxes as a real estate agent when you make sales, you should also account for bubbles and know there are good times and bad times. Everything has balance as well, when there are EXTREMELY good times, they will be followed naturally by extremely bad times. The ones who will go unaffected are the ones who already bought houses. Real estate agents and new home buyers are in for a rough few years ahead, meanwhile, investment groups who own real estate and home owners will see gains for years to come.

The reason people with lots of money have been saying for 2 years now INVEST INVEST INVEST was literally because of this, money flow is about to go to ****, and wealth is going to be in investments you made during this time.