Forum
»
With the stock market and crypto tanking, is real estate next?
01-22-2022, 11:56 AM
-
#1
- CanuckGame
- Registered User
-
- CanuckGame
- Registered User
- Join Date: Dec 2011
- Age: 37
- Posts: 16,732
- Rep Power: 131383
-
-
With the stock market and crypto tanking, is real estate next?
What are the chances we see a major correction in 2022 for real estate?
800k buys you an absolute SHACK where I live. The average joe cannot afford life anymore. There is no way this is sustainable.
Something has to give because people cannot afford life anymore. People are charging 2500/mo to rent a basement where I live.
800k buys you an absolute SHACK where I live. The average joe cannot afford life anymore. There is no way this is sustainable.
Something has to give because people cannot afford life anymore. People are charging 2500/mo to rent a basement where I live.
01-22-2022, 11:57 AM
-
#2
01-22-2022, 11:57 AM
-
#3
- DivineMasculine
- Registered User
-
- DivineMasculine
- Registered User
- Join Date: May 2021
- Age: 56
- Posts: 4,043
- Rep Power: 13952
-
-
Originally Posted By CanuckGame⏩
This is what you voted for, I’m so happy for you.800k buys you an absolute SHACK where I live. The average joe cannot afford life anymore. There is no way this is sustainable.
Something has to give because people cannot afford life anymore. People are charging 2500/mo to rent a basement where I live.
Something has to give because people cannot afford life anymore. People are charging 2500/mo to rent a basement where I live.
The misc is full of a bunch of simp ****ots
01-22-2022, 11:57 AM
-
#4
- Destor
- Registered User
-
- Destor
- Registered User
- Join Date: Apr 2012
- Location: Alberta, Canada
- Age: 41
- Posts: 43,481
- Rep Power: 254906
-
-
Real estate is too localized to make broad calls IMO, this year's property tax assessment is the first where my house has increased in value since building like six years ago
But a big pullback in real estate values would destroy a huge amount of wealth, and I'd sooner bet that won't happen
But a big pullback in real estate values would destroy a huge amount of wealth, and I'd sooner bet that won't happen
01-22-2022, 12:00 PM
-
#5
Rents are still high. Interest rates are still decent. There’s no subprime crisis this time around. I don’t think prices tank but housing may get more affordable in a few years if supply catches up and demand goes down( rising rates).
01-22-2022, 12:00 PM
-
#6
- FAPhaggot
- Hawaiian shirt hoarder
-
- FAPhaggot
- Hawaiian shirt hoarder
- Join Date: Nov 2015
- Posts: 24,226
- Rep Power: 185354
-
-
Interest rates going up = home prices going down for the same monthly payment.
Unfortunately for you, Canadabrah, the Chinese do not care about mortgage rates. Lots of em aren't in it for the money. They just want to have a place to flee too when Xi's goons freeze their assets and come to kill them or the tanks start rolling on Taiwan.
Unfortunately for you, Canadabrah, the Chinese do not care about mortgage rates. Lots of em aren't in it for the money. They just want to have a place to flee too when Xi's goons freeze their assets and come to kill them or the tanks start rolling on Taiwan.
FA Crew
Always Pick 1 Crew
"Experience is something you get right after you need it."
01-22-2022, 12:01 PM
-
#7
- CanuckGame
- Registered User
-
- CanuckGame
- Registered User
- Join Date: Dec 2011
- Age: 37
- Posts: 16,732
- Rep Power: 131383
-
-
Originally Posted By DivineMasculine⏩
I have no fukkn clue what you're talking about. Is your sig referring yourself?This is what you voted for, I’m so happy for you.
Some of you kunts on this forum never rest. Just project your anger in your own life onto others go troll somewhere else.
01-22-2022, 12:03 PM
-
#8
- GreatReset1
- Biden's America 🤡
-
- GreatReset1
- Biden's America 🤡
- Join Date: Apr 2021
- Posts: 897
- Rep Power: 14335
-
-
Originally Posted By CanuckGame⏩
Don't be mad.. you literally voted for this. Enjoy cuck.I have no fukkn clue what you're talking about. Is your sig referring yourself?
Some of you kunts on this forum never rest. Just project your anger in your own life onto others go troll somewhere else.
Some of you kunts on this forum never rest. Just project your anger in your own life onto others go troll somewhere else.
01-22-2022, 12:03 PM
-
#9
- DivineMasculine
- Registered User
-
- DivineMasculine
- Registered User
- Join Date: May 2021
- Age: 56
- Posts: 4,043
- Rep Power: 13952
-
-
Originally Posted By CanuckGame⏩
I love this for you.I have no fukkn clue what you're talking about. Is your sig referring yourself?
Some of you kunts on this forum never rest. Just project your anger in your own life onto others go troll somewhere else.
Some of you kunts on this forum never rest. Just project your anger in your own life onto others go troll somewhere else.
The misc is full of a bunch of simp ****ots
01-22-2022, 12:05 PM
-
#10
- AlwaysFocus
- Registered AI
-
- AlwaysFocus
- Registered AI
- Join Date: Sep 2016
- Location: BC, Canada
- Posts: 43,341
- Rep Power: 354666
-
-
Lmao no. You will never own a home.
01-22-2022, 12:07 PM
-
#11
- Destor
- Registered User
-
- Destor
- Registered User
- Join Date: Apr 2012
- Location: Alberta, Canada
- Age: 41
- Posts: 43,481
- Rep Power: 254906
-
-
Originally Posted By IH8RICE⏩
Supply either needs to catch up in high-demand areas or demand needs to shift aroundRents are still high. Interest rates are still decent. There’s no subprime crisis this time around. I don’t think prices tank but housing may get more affordable in a few years if supply catches up and demand goes down( rising rates).
But in Canada for example, Vancouver and Toronto areas have been skyrocketing because of demand and not interest rates. Despite the low interest rates, you can still buy 10 houses in parts of Saskatchewan for the price of a condo in Toronto.
Hell just drive a few hours out of Toronto and it's probably similar. I work with people in their 30s who own multiple properties in Saskatchewan, one dude has like 6 detached houses
01-22-2022, 12:09 PM
-
#12
- IsLifeRealLife
- Registered User
-
- IsLifeRealLife
- Registered User
- Join Date: Nov 2011
- Posts: 11,396
- Rep Power: 14520
-
-
Doubt it, there’s still a shortage of builders and supplies which will continue to prop up real estate.
Big Baller Brand Crew
01-22-2022, 12:12 PM
-
#13
Originally Posted By Destor⏩
California is the very first state that comes mind. Nimbyism can be pretty bad in wealthier areas where businesses are more likely to invest in. Your examples in Canada are ridiculous but something I think will happen to certain areas in the US as well.Supply either needs to catch up in high-demand areas or demand needs to shift around
But in Canada for example, Vancouver and Toronto areas have been skyrocketing because of demand and not interest rates. Despite the low interest rates, you can still buy 10 houses in parts of Saskatchewan for the price of a condo in Toronto.
Hell just drive a few hours out of Toronto and it's probably similar. I work with people in their 30s who own multiple properties in Saskatchewan, one dude has like 6 detached houses
But in Canada for example, Vancouver and Toronto areas have been skyrocketing because of demand and not interest rates. Despite the low interest rates, you can still buy 10 houses in parts of Saskatchewan for the price of a condo in Toronto.
Hell just drive a few hours out of Toronto and it's probably similar. I work with people in their 30s who own multiple properties in Saskatchewan, one dude has like 6 detached houses
01-22-2022, 12:13 PM
-
#14
01-22-2022, 12:15 PM
-
#15
01-22-2022, 12:25 PM
-
#16
01-22-2022, 12:25 PM
-
#17
- GainzMcgee
- Banned
-
- GainzMcgee
- Banned
- Join Date: Sep 2014
- Location: Tampa, Florida, United States
- Posts: 11,787
- Rep Power: 0
-
-
i love how a 10% correction (which is healthy and natural for markets) brings out all these retards LOL
01-22-2022, 12:26 PM
-
#18
01-22-2022, 12:27 PM
-
#19
- IsLifeRealLife
- Registered User
-
- IsLifeRealLife
- Registered User
- Join Date: Nov 2011
- Posts: 11,396
- Rep Power: 14520
-
-
Originally Posted By GainzMcgee⏩
There's so many people waiting on the sidelines with cash ready to buy real estate that's how you know its not gonna crash loli love how a 10% correction (which is healthy and natural for markets) brings out all these retards LOL
Big Baller Brand Crew
01-22-2022, 12:29 PM
-
#20
- DivineMasculine
- Registered User
-
- DivineMasculine
- Registered User
- Join Date: May 2021
- Age: 56
- Posts: 4,043
- Rep Power: 13952
-
-
OP is pathetic. Just lol at you.


The misc is full of a bunch of simp ****ots
01-22-2022, 12:31 PM
-
#21
- multiplemiggs
- P E R V E R T
-
- multiplemiggs
- P E R V E R T
- Join Date: Nov 2019
- Posts: 57,385
- Rep Power: 568972
-
-
With how many immigrants cuckdeau is letting in good luck seeing a drop in Canada.
What was it 400k?
What was it 400k?
SPOT SOLD TO FROGTECH - 100% NATURAL GENETIC FROG FIBRES
see Krackerjacked's sig
never underestimate the slootiness of a sloot
-DrugsToGetBig
ratchet girls love the ebt flex
-havoc00
01-22-2022, 12:38 PM
-
#22
- CanuckGame
- Registered User
-
- CanuckGame
- Registered User
- Join Date: Dec 2011
- Age: 37
- Posts: 16,732
- Rep Power: 131383
-
-
01-22-2022, 12:47 PM
-
#23
- CanuckGame
- Registered User
-
- CanuckGame
- Registered User
- Join Date: Dec 2011
- Age: 37
- Posts: 16,732
- Rep Power: 131383
-
-
Originally Posted By AlwaysFocus⏩
Lmao I already own one. It's the younger people in my family I worry for.Lmao no. You will never own a home.
01-22-2022, 12:50 PM
-
#24
01-22-2022, 12:59 PM
-
#25
- LexBrah
- Registered User
-
- LexBrah
- Registered User
- Join Date: Jan 2013
- Location: United Kingdom (Great Britain)
- Age: 34
- Posts: 5,304
- Rep Power: 58960
-
-
Not in the UK at least - too much demand.
Divorces are all time highs (so double people looking at buying)
Remote workers / WFHers meaning you dont have to rent a flat in london and can buy outside
I think when interest rates rise, then house prices might come down (due to people being massively overextended)
Divorces are all time highs (so double people looking at buying)
Remote workers / WFHers meaning you dont have to rent a flat in london and can buy outside
I think when interest rates rise, then house prices might come down (due to people being massively overextended)
01-22-2022, 01:00 PM
-
#26
01-22-2022, 01:13 PM
-
#27
- ThatGuy950
- Floridayyy
-
- ThatGuy950
- Floridayyy
- Join Date: Sep 2007
- Location: Turks and Caicos Islands
- Posts: 15,255
- Rep Power: 171546
-
-

The **** will rent from me and will be my slave, never build generational wealth and security…. and the reset moves forward
Coincel
Florida crew (lol at coldcels)
01-22-2022, 01:22 PM
-
#28
- SuperHercules
- Join Date: Jun 2014
- Height: 6'5"
- Posts: 32,484
- Subscribers: 6
- Rep Power: 570390
-
-
Real estate will always have value. There may be some bubbles here and there but it will always be a great asset
Shelter is a basic need and will always be coveted. Even if society completely collapsed and almost everything became worthless, food, water, and shelter would be the most important
Shelter is a basic need and will always be coveted. Even if society completely collapsed and almost everything became worthless, food, water, and shelter would be the most important
See Shakebrah's sig
01-22-2022, 01:35 PM
-
#29
- ParsleyTea
- Registered User
-
- ParsleyTea
- Registered User
- Join Date: Nov 2009
- Age: 56
- Posts: 13,588
- Rep Power: 50203
-
-
I hope that inflation can be brought under control. Inflation hurts the middle and lower classes the most.
In theory higher interests should help lower housing prices. Though I have read that housing investments do well during times likes these. I suppose to that every locations real-estate market is different. i live in Florida and home sales are on fire. Many people are moving here due to the harsh lock downs in Democrat run states. Also the crime wave up north is having people pick up and move here. Home construction is good and healthy in the area I've read.
In California the situation is different. Building a home is more difficult there. I heard a troubling story about California and homes recently. A 95 year old aunt of my father lives in California. She is still healthy and lives in her home. She has a granddaughter that wants the house. Home prices there are to high for her to afford. As a result she is making life for her elderly grandmother difficult. She wants her grandma out of the house, and into a retirement center so she can move into the place.
In theory higher interests should help lower housing prices. Though I have read that housing investments do well during times likes these. I suppose to that every locations real-estate market is different. i live in Florida and home sales are on fire. Many people are moving here due to the harsh lock downs in Democrat run states. Also the crime wave up north is having people pick up and move here. Home construction is good and healthy in the area I've read.
In California the situation is different. Building a home is more difficult there. I heard a troubling story about California and homes recently. A 95 year old aunt of my father lives in California. She is still healthy and lives in her home. She has a granddaughter that wants the house. Home prices there are to high for her to afford. As a result she is making life for her elderly grandmother difficult. She wants her grandma out of the house, and into a retirement center so she can move into the place.
01-22-2022, 01:36 PM
-
#30
- r32gojirra
- Registered NEET
-
- r32gojirra
- Registered NEET
- Join Date: Feb 2013
- Location: East Coast, Australia
- Posts: 39,504
- Subscribers: 6
- Rep Power: 593683
-
-
There is still a significant amount of growth in nominal real estate prices left to go. This is a result of broad-based inflation but not value per se. Most central banks have said they won’t raise rates until wages start rising.
A lot of people upgraded their home due to the pandemic.
Also there is a flight to safety in assets such as real estate and gold when stock markets and commodity markets are volatile.
TLDR: sorry rentcucks. It’s over for you.
A lot of people upgraded their home due to the pandemic.
Also there is a flight to safety in assets such as real estate and gold when stock markets and commodity markets are volatile.
Originally Posted By IsLifeRealLife⏩
Some investors have been sitting on the sidelines due to perceived risks about rent moratoriums and collecting rents. However higher rental yields and asset prices (even nominal prices) will bring them back into the market.There's so many people waiting on the sidelines with cash ready to buy real estate that's how you know its not gonna crash lol
TLDR: sorry rentcucks. It’s over for you.
Bookmarks
-
- Digg
-
- del.icio.us
-

- StumbleUpon
-
-
Posting Permissions
- You may not post new threads
- You may not post replies
- You may not post attachments
- You may not edit your posts