10 year are available, even 25 but those are very uncommon.

Yup I'm holding cash

Yea only people freaking out are Gen Z losers who got started investing due to GameStop and have no recollection of a recession, and lemmings who never were investing type anyways



The only real risk to riding out the storm is job loss if you don’t have much a security fund. But then again with gig economy and employers begging for work, even if you lost your job you could probably door dash at night + work a warehouse or some **** by day and keep the boat afloat unlike in 08


Buying in downturns is how you get rich. For perspective you can read Warren buffet letters and books written decades ago with people freaking out about XYZ, but long term it doesn’t really matter. When your investment horizon is anything longer than 5+ years then you can ride or die in stocks and make massive gains.


Keep DCA, laugh at pannicels, and when the sun comes out celebrate your ridiculous net worth

To add on with this helpful advice you just mentioned. With this economy, we still need to be adding to our emergency fund just to adjust for inflation. Which is unfortunate, but it’s either bitch or play the game in order to maintain and come out ahead.

Data/graphs, please Op

How accurate is the vacancy rate? I would imagine it’s impossible to know the status of every rental in a city or MSA. Does that just include homes/apartments? Or does it include homes with rooms for rent too? Is this data self reported? How do the my get the data to come up with the rate?

Where can I find the vacancy rate for a particular area?

When will people learn, it is EASY to get rich:

1) Invest in VOO, VTI or SPY, $500 per month from age 25-65
2) Retire at 65 with $3,167,408

THAT'S IT, it's literally that easy. Add on top of that owning a paid for house and you are set.

Very true, literally is that simple.

BUT

Who wants to wait until 65 to retire?

This is going to be a very fukked up market for a very long time. The market is pretty much all controlled by the Federal Reserve... they pumped $8T into the market, and by nuking bond rates doing that, they indirectly drove trillions more. They're the prime mover here.

They let QE go on too long because there was no consumer inflation to it. That money was borrowed by banks, immediately thrown into risk assets, and left there, so the velocity of it was very low. If we're printing money, and there's no inflation, then printing money can't be bad right? Sure the debt's going up, but we can still service it, and look at the market growth!

Then Rona came, and they panic-dumped a couple trillion to keep asset prices from crashing during a global shutdown. Huge mistake.

Then they helicoptered trillions of more dollars to consumers, where those money-printed dollars DID get spent. Immediate runaway consumer price inflation, and Rona shutdowns of supply chains made it worse.

Now they're fukked. They're going to have to destroy excess demand to stop inflation, but that means engineering a 2009 style crash.

I doubt they have the mettle to let a 2009 style crash burn through for years and years though, so they will probably dump some stimmy on the markets to shock it back to life.

That will restart the inflationary fire and sovereign debt will get even higher.

And around we go.

It's going to be a mess for a decade, and I bet we see some first-world nations default by the end of it.





FAQs!

House prices are going to oscillate rapidly along with Fed policy, but if they go any higher than they are now, we are on the road to Zimbabwe. 2021 was basically our prime economic mover pushing the demand throttle all the way forward.

DCA'ing into SPY isn't going to work for the next 50 years like it did for the last 50 years. From 1970-2000, we had real 6-8% economic growth a year. From 2000-2020, we only had 2-3% economic growth a year, but we used currency debasement to keep asset prices going. Currency debasement is about to become a VERY touchy issue, and there's little growth in the mature and stagnated American economy. I just don't see an engine to provide consistent 7% index funds returns like we're used to, again, unless the govt wants to go Zimbabwe mode and have food riots.

Any crash we have will only be 2010s V-shaped if we, again, go Zimbabwe mode. Assets are starting from a 12 year high of currency debasement, and another 12 years of that would end our economy.

So which currency is the world going to peg itself to if it’s not the dollar?

The world ain’t going back to gold.

Euros, yuans, there's options. The world is rapidly de-dollarizing after Biden weaponized it against Russia. China's selling them right now in preparation for their invasion of Taiwan.

Decline? 3 houses sold in my neighborhood 50-70k above asking price within the last month.

Prices aren’t declining

You think anyone actually believes this?

I called the top already

Cope

I dont know if 50% will happen. Probably 30%

In Canada... it's going to be an absolute bloodbath.

Low iq cope

It's already down 30% from the top in north gta

Strong this. My house has been appraised by actually real people for a 40k increase just from March. (Super Ded fkn Srs)

You don’t live in Poverty Canada where maple syrup barons dictate what your house is worth

What market are you talking about?

I'm tapped into the home market here and talk to buyers daily. In Texas, we've been flat at worst.

Lol just LMAO at the rustled homecels in this thread.
















































LMAO

He already admitted (claimed)

a) he sold for CAD$700k; and
b) this was more than all the cumulative earnings in his life until that point

Says it all really

a friend of mine might get cucked , he paid almost 600k for an old 4 bedroom recently when interests were climbing.

people who bought more than 3 years ago with lower payments at fixed rate might be fine.

Hgnnnn absolutely brutal,

Let me jerk off some more srs

I don't get what the problem is? I bought at the beginning of last year before the big spike in our area (our no-zillow value has gone up ~40% since then) so it would have to be a crash unlike any we've ever seen for it to put me underwater. And even if that somehow happens, I can still pay my mortgage with ease and my property taxes will decrease significantly, so again, winning. To add, I'm looking to purchase a rental property or two in the next 6-12 months, I guess a crash would hurt me there, oh, wait, nope, that'll be good for me as well since more and more rentcels are being forever priced out of ownership.

hey bud, you still owe me rent from last month.

Haven't noticed any price drops in Chicago yet. The most overpriced areas are going to be the ones to get hit the hardest.
Vacancy rates aren't very accurate but they can still be a good tool if you couple them with other statistics like population gain or decline. Population decline is the one you're looking for. That will lead to higher vacancy rates and lower rent.

These threads are nothing more than a LARP fantasy by rentcels and some asian dude who pretends to buy and sell houses.