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House prices will FALL if either of the following happen…
06-25-2022, 05:55 PM
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#1
- r32gojirra
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House prices will FALL if either of the following happen…
No hover…
…
1) a large and sustained increase in the unemployment rate
I don’t mean slightly above structural/NAIRU
I mean like approaching double digits
2) a breakdown in interparty trust between financial institutions
Resulting in a huge increase in interest rates (not normal monetary policy but 12% +)
This might occur if, for example, large financial institutions had undisclosed exposures to crypto, Russian income assets or had been “gambling” in the stock market (large uncovered positions)
In isolation either of these factors would have to be significant, or less so individually if both occurred.
…
1) a large and sustained increase in the unemployment rate
I don’t mean slightly above structural/NAIRU
I mean like approaching double digits
2) a breakdown in interparty trust between financial institutions
Resulting in a huge increase in interest rates (not normal monetary policy but 12% +)
This might occur if, for example, large financial institutions had undisclosed exposures to crypto, Russian income assets or had been “gambling” in the stock market (large uncovered positions)
In isolation either of these factors would have to be significant, or less so individually if both occurred.
06-25-2022, 05:59 PM
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#2
06-25-2022, 06:01 PM
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06-25-2022, 06:01 PM
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#4
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Originally Posted By 5x10⏩
I believe in reading beyond the first chapter of an introductory economics textbookYou don’t believe in the inverse relationship between interest rates and housing prices?
The relationship exists, “all else being equal” (ceterus paribas)
06-26-2022, 05:29 PM
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#5
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Originally Posted By EDcellent⏩
You can tell it’s not his because it’s not written like a 2 year old wrote itIn on Geezerspalace thre....wait what
06-26-2022, 05:35 PM
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7% mortgage rates and mass unemployment coming this winter should be enough to get something going.
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06-26-2022, 05:35 PM
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#7
- xMetalocalypse
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20% correction seems about right.
This is nothing like 2008.
It'll also be regional too. I could see parts of Arizona and Idaho dropping further. This is coming from someone who bought his last home in 2007...
This is nothing like 2008.
It'll also be regional too. I could see parts of Arizona and Idaho dropping further. This is coming from someone who bought his last home in 2007...
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06-26-2022, 05:42 PM
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Originally Posted By FA*******⏩
Lmao7% mortgage rates andmass unemployment coming this winter should be enough to get something going.
BRB “nobody wants to work”
Uwotma8
06-26-2022, 05:52 PM
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#9
- ThatGuy950
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Wildcard option:


Coincel
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06-26-2022, 05:53 PM
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06-26-2022, 05:55 PM
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06-26-2022, 06:10 PM
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#12
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Originally Posted By dizzin9⏩
I agreeInterest rates will go down
But house prices? Doubtful
But house prices? Doubtful
House prices aren’t going down
It will take a major financial crisis
(not just usual policy-driven movements in unemployment or monetary policy)
06-26-2022, 06:15 PM
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#13
- digital022
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Originally Posted By FA*******⏩
Not to mention it has been 15 years since the last crash, which means enough time has passed to dupe a newer generation of home owners. ARM loans are gaining popularity again. It also currently costs more to be a homeowner than to rent.7% mortgage rates and mass unemployment coming this winter should be enough to get something going.
Your schtick sucks and it screams insecurity.
06-26-2022, 06:16 PM
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#14
- MyBaddBrah
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They're already falling, $25-50k in my area. Fail thread.
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06-26-2022, 06:17 PM
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already fallen 30% here with no end in sight.
interest rate is the most important.
rentcels already stopped paying rent. all the 2nd, third properties are going on the market as extra inventory.
interest rate is the most important.
rentcels already stopped paying rent. all the 2nd, third properties are going on the market as extra inventory.
06-26-2022, 06:38 PM
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#16
- r32gojirra
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Originally Posted By TheGoldenBull⏩
Imagine going through life with an IQ this lowalready fallen 30% here with no end in sight.
interest rate is the most important.
rentcels already stopped paying rent. all the 2nd, third properties are going on the market as extra inventory.
interest rate is the most important.
rentcels already stopped paying rent. all the 2nd, third properties are going on the market as extra inventory.
06-26-2022, 06:51 PM
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#17
- ThatGuy950
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Originally Posted By r32gojirra⏩
Not war, that’s supposed to be nuclear winter lolNot sherif srs
War is a massive fiscal expansion
War is a massive fiscal expansion
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06-26-2022, 07:02 PM
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#18
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Originally Posted By Anachron⏩
Piss off I was the first to post thatFuark, that was your line I stole in that other thread.

06-26-2022, 07:21 PM
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#19
- TheGoldenBull
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Originally Posted By r32gojirra⏩
lmfao @ this genetic rejectImagine going through life with an IQ this low
you said prices aren't coming down. you are wrong retard.
06-26-2022, 07:22 PM
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#20
- TheGoldenBull
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Originally Posted By Anachron⏩
i thought prices weren't coming down?I am surprised you didn't pic apart his entire post, but then again, a lot of time I myself CBA to do that either.
Just LOL @ rentcels, and especially rentcels who have made under $700K in 20 years of being employed.
Just LOL @ rentcels, and especially rentcels who have made under $700K in 20 years of being employed.

Time to buy up properties for pennies on the dollar =)
06-26-2022, 07:24 PM
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#21
- TheGoldenBull
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Originally Posted By Anachron⏩
i'm a millionaire liquid rn. You can't even hurt my feelings.Please tell us again how:
1. You made less than $700K in beaverdollars in over 20 years of working, and
2. You think that $20K ( again in beaverdollars ) is a substantial amount of money.

1. You made less than $700K in beaverdollars in over 20 years of working, and
2. You think that $20K ( again in beaverdollars ) is a substantial amount of money.

I made 700K in 1 real estate transaction this year.
The most important thing here is tell us why real estate prices aren't coming down

06-26-2022, 07:26 PM
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#22
06-26-2022, 07:27 PM
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#23
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Originally Posted By Anachron⏩
it's only been 3 months from the top, that i called =)30% down, if it were to be true, is considered "pennies on the dollar"?

there's still time.

06-26-2022, 07:30 PM
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#24
- TheGoldenBull
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Originally Posted By Anachron⏩
i'm living so deep in that incel head. holy chit30% down, if it were to be true, is considered "pennies on the dollar"?
Made $700K in your only real estate transaction ever, which you admitted to be more than what you ever made in your whole life.
Just LOL at being past midlife, and bragging about barely being a millionaire, and in beaverdollars to boot.

Made $700K in your only real estate transaction ever, which you admitted to be more than what you ever made in your whole life.
Just LOL at being past midlife, and bragging about barely being a millionaire, and in beaverdollars to boot.


06-26-2022, 07:31 PM
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#25
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Originally Posted By Anachron⏩
nah him and you both went full retard and said real estate wasn't coming down.I know R32 called it already...
But imagine being this dumb.
That's ok, the world needs more rentcels.
But imagine being this dumb.
That's ok, the world needs more rentcels.

it's over already. you lost.

06-26-2022, 07:33 PM
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#26
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Originally Posted By Anachron⏩
Au contraire...
You've proven, without a shadow of doubt, that you got rustled.
Thanks for playing, better luck next time!
You've proven, without a shadow of doubt, that you got rustled.

Thanks for playing, better luck next time!



06-26-2022, 07:36 PM
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#27
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Originally Posted By Anachron⏩
jfl @ this autistic incel JFLImagine being so rustled, you feel the need to double post.


06-26-2022, 07:47 PM
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#28
- r32gojirra
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Originally Posted By northernlights7⏩
He doesn’t make millions of dollars a yearShow us some empirical evidence of this wild career you have making millions of dollars a year in personal profit off of real estate.
He supposedly made this money as a one-off profit selling the house he lived in
And now he’s a rentcel
He also admitted that the $700k profit he made (or $800k, depending on what story is being told) is more than he earned cumulatively in more than 20 years of wagecelling
You can’t make this stuff up
06-26-2022, 07:48 PM
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#29
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Originally Posted By TheGoldenBull⏩
When will slumlordcels learn srsi'm living so deep in that incel head.
Your schtick sucks and it screams insecurity.
06-26-2022, 07:58 PM
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#30
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Originally Posted By Anachron⏩
The cumulative profits from skipping out on the last months rent, I believeHe also admitted that he thought $20K beaverdollars was a substantial sum of money.

From 3 different leases
Imagine bragging about being poor
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