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Forum » House Prices to Drop 30-50% next year.
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Thread: House Prices to Drop 30-50% next year.

post 1686317503 07-11-2023, 07:29 PM
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#241
  1. Masterchieffer
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Scared white cucks betting on the next recession are like lottery tickets for black people

“The Us in general is t an efficient economic power anymore”

Loooooooooool

Tell us you’re a poor without telling us
post 1686318553 07-11-2023, 07:50 PM
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#242
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Originally Posted By Masterchieffer⏩
Scared white cucks betting on the next recession are like lottery tickets for black people

“The Us in general is t an efficient economic power anymore”

Loooooooooool

Tell us you’re a poor without telling us
Hold up

Betting on the recession is a poor persons strategy now?

The last time the economy tanked (COVID) the reserve banks around the world panicked and dropped the interest rate to effectively zero, and the real interest rate is still negative

I don’t know precisely how much I saved in holding costs but it was in the hundreds of thousands

To the extent that I might not have to mess with banks ever again

Sure economic booms have their opportunities but so do recessions
post 1686318713 07-11-2023, 07:52 PM
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#243
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I think it could be a lot worse than that. China, Russia, India, and a bunch of countries are launching the BRICS currency for oil trade. Unlike the Petro Dollar it will be actually backed by real gold. Right now the Petro Dollar is used for all oil trade in the world. So when china buys oil from Russia, the USA profits. Not for long....
post 1686318963 07-11-2023, 07:57 PM
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#244
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Originally Posted By Masterchieffer⏩
Scared white cucks betting on the next recession are like lottery tickets for black people

“The Us in general is t an efficient economic power anymore”

Loooooooooool

Tell us you’re a poor without telling us
your usd is buying more this year than in 2019 right?


post 1686319083 07-11-2023, 07:58 PM
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#245
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Originally Posted By bsrkoacar2⏩
I think it could be a lot worse than that. China, Russia, India, and a bunch of countries are launching the BRICS currency for oil trade. Unlike the Petro Dollar it will be actually backed by real gold. Right now the Petro Dollar is used for all oil trade in the world. So when china buys oil from Russia, the USA profits. Not for long....
step late boyo


China, Russia, Venezuela, India have all opted to trade for oil in YUAN. Saudi is on the brink.... they already applied for BRICS membership.
post 1686319363 07-11-2023, 08:04 PM
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#246
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So 30-50% drop upwards?
Coincel
Florida crew (lol at coldcels)
post 1686319603 07-11-2023, 08:08 PM
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#247
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Lol at thread, but inflation call was right. Markets can stay irrational longer than you can stay solvent and all...
-Virtue is its own reward

-Survived misc outage 2022 crew
-My old username (Johnez) did not survive outage :-(
post 1686320063 07-11-2023, 08:21 PM
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#248
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How much has rent dropped since thread started?
Originally Posted By ThatGuy950⏩
So 30-50% drop upwards?
Lol
* Rawdog crew * Creampie crew * Poverty crew *

Haven't worn a condom since middle school crew

* HTC crew *
post 1686320373 07-11-2023, 08:26 PM
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#249
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Originally Posted By IlChosenOne⏩
How much has rent dropped since thread started?




Lol
rent has dropped by at least 20%. Since the pandemic, at least 20% of the people are delinquent with rent and this is a skyrocketing trend. If a renter pays 6 months rent and then doesn't pay for 5 months before he bounces. what is the average rent he paid?


more and more propertycucks are dealing with delinquent tenants.


Once a renter doesn't pay rent, he will never pay rent in full again and he will influence other renters to not pay rent.
post 1686320933 07-11-2023, 08:35 PM
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#250
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LMAO quality bump
"One day I won't be able to lift any more. Not I won't want to lift. I mean physically unable. That day could be decades from now or it could be tomorrow. All I know is that's the day I'll wish I could lift more than ever. The day I'd give anything for one more workout, one more set, or one more cardio session. So go hard and enjoy every workout, every set, every rep. Because one day you will wake up and you will never get it back."
-SoutheastBeast1
post 1686321393 07-11-2023, 08:43 PM
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#251
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I’m seeing a lot of houses for sale
See you tomorrow
post 1686321673 07-11-2023, 08:46 PM
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#252
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Originally Posted By Pterodactyl314⏩
I’m seeing a lot of houses for sale
That’s pretty common on Zillow
Send me money for my kids or I will neg you
post 1686321953 07-11-2023, 08:51 PM
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#253
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Originally Posted By Pterodactyl314⏩
I’m seeing a lot of houses for sale
prices have gone down nationally and certain pockets of US, prices have gone down by 30-40%. Propertycels are coping hard rn.



the crash is not even here yet lmfao
post 1686322483 07-11-2023, 09:01 PM
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#254
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Originally Posted By fishnbrah⏩
Is there another
No... but if youre being serious- just basically comparable sales in the area
Originally Posted By GoldBull⏩
prices have gone down nationally and certain pockets of US, prices have gone down by 30-40%. Propertycels are coping hard rn.



the crash is not even here yet lmfao
19 days left, friend.

You can pay weekly if you'd like.
USMC 0311
*Ice Hockey/Lacrosse Crew*
*fukkin zeezbrah when pickin up chicks but do one thing to fuk it up/cant sustain after that night crew*
*C7 GS Vette Crew*
post 1686322793 07-11-2023, 09:07 PM
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#255
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Originally Posted By masterchieffer⏩
scared white cucks betting on the next recession are like lottery tickets fortradies

“the us in general is t an efficient economic power anymore”

loooooooooool

tell us you’re a poor without telling us
ftfy
post 1686322903 07-11-2023, 09:08 PM
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#256
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Originally Posted By singlemom69⏩
That’s pretty common on Zillow
Out in real life, I’m not sure what the norm is but just an observation.
See you tomorrow
post 1686322993 07-11-2023, 09:10 PM
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#257
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Originally Posted By GoldBull⏩
rent has dropped by at least 20%. Since the pandemic, at least 20% of the people are delinquent with rent and this is a skyrocketing trend. If a renter pays 6 months rent and then doesn't pay for 5 months before he bounces. what is the average rent he paid?


more and more propertycucks are dealing with delinquent tenants.


Once a renter doesn't pay rent, he will never pay rent in full again and he will influence other renters to not pay rent.
Wrong

In my area the monthly rent shot up to 3800$ on average city wide and 3200$countywide.

It’s over.

Cope harder. I’d leave and never return out of embarrassment TBH.
post 1686323403 07-11-2023, 09:15 PM
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#258
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In Canada we will see real estate collapse 100%.
post 1686323593 07-11-2023, 09:18 PM
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#259
  1. r32gojirra
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Rentcucks when will they learn
post 1686323633 07-11-2023, 09:19 PM
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#260
  1. GoldBull
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Originally Posted By NeoTheCatt⏩
Wrong

In my area the monthly rent shot up to 3800$ on average city wide and 3200$countywide.

It’s over.

Cope harder. I’d leave and never return out of embarrassment TBH.
lol you didn't get my point at all.

https://www.cnbc.com/2022/10/07/rent...se-states.html



15% nation wide are missing rent payments




What does it matter if you raise rent to $5000, if it's not getting paid you idiot.




mortgage defaults are skyrocketing

"But while home sales volume is plummeting and home prices are spiraling, there is one housing factor on the rise — mortgage delinquencies. The share of delinquent one-to-four unit U.S. mortgaged homes increased to 3.96% in the fourth quarter (Q4) of 20"



propertycucks getting cucked into default


post 1686323993 07-11-2023, 09:26 PM
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#261
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Originally Posted By BullittEV⏩
No... but if youre being serious- just basically comparable sales in the area



19 days left, friend.

You can pay weekly if you'd like.
Not paying this month, bro. just like the month before


post 1686341983 07-12-2023, 07:12 AM
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#262
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All my tenants pay on time if not earlier.

They know their place.

Pay, OR ELSE!

LOL
post 1686342693 07-12-2023, 07:29 AM
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#263
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Eventually things have to stabilize, and I think in the next couple of years when people have to renew their mortgages (here in Canada) we are going to see a correction. Some cities you have to be making in the top 5% of income earners just to qualify for a mortgage. Throw in lack of rent control and you have tons of people getting "renovicted" or shady landlords evicting their long term tenants - but there's nobody who can afford the higher rent to replace that tenant. So properties sit empty.

Some owners don't have to worry because they bought a decade ago and have equity and can afford to pay for a bit, but the people who snapped up income properties over the last four years and overpaid for them are going to take a bath when they have two mortgages renewing at 4% higher than their last mortgage.

I've seen posts of landlords begging their tenants to accept rent increases because they are totally underwater, or basically telling them pay more or I'm going to find a way to get rid of you (which is totally illegal here).
post 1686343053 07-12-2023, 07:38 AM
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#264
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Originally Posted By GoldBull⏩
Not paying this month, bro. just like the month before
There was a guy who used to post on here

Claimed he sold his house at the top of the market

For CAD$700k

Later claimed $800k

Was a house, then a penthouse, whatever

Said it was more money than he’d ever earned in his entire life

Thought he was going to buy back in for a bargain

Lmao

In reality he took it in the ass so hard he’ll never walk straight again
post 1686343093 07-12-2023, 07:39 AM
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#265
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lol rekt
post 1686343343 07-12-2023, 07:43 AM
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#266
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Originally Posted By r32gojirra⏩
There was a guy who used to post on here

Claimed he sold his house at the top of the market

For CAD$700k

Later claimed $800k

Was a house, then a penthouse, whatever

Said it was more money than he’d ever earned in his entire life

Thought he was going to buy back in for a bargain

Lmao

In reality he took it in the ass so hard he’ll never walk straight again
wow I said it was a house, when it was a penthouse? LMFAO






aren't you 50 with ur first daughter? is she retarded?
post 1686343433 07-12-2023, 07:44 AM
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#267
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Originally Posted By r32gojirra⏩
There was a guy who used to post on here

Claimed he sold his house at the top of the market

For CAD$700k

Later claimed $800k

Was a house, then a penthouse, whatever

Said it was more money than he’d ever earned in his entire life

Thought he was going to buy back in for a bargain

Lmao

In reality he took it in the ass so hard he’ll never walk straight again
It is the same LARPer, GoldenTool. His schtick is Chinese supremacy, paying for sex to cheat on his fiance with white women, having his parents pay his rent so he himself "does not pay".

Mental illness supreme.

JFL if people think you can weasel your way out of paying up.
post 1686344193 07-12-2023, 07:55 AM
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#268
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Originally Posted By LogicalLifts⏩
It is the same LARPer, GoldenTool. His schtick is Chinese supremacy, paying for sex to cheat on his fiance with white women, having his parents pay his rent so he himself "does not pay".

Mental illness supreme.

JFL if people think you can weasel your way out of paying up.
In Canada they can quite easily. Hearings for the board who deal with disputes take 6-12 months and then trying to get money out of people who have defaulted is basically a waste of time.
post 1686344423 07-12-2023, 07:58 AM
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#269
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Originally Posted By WoofieNugget⏩
In Canada they can quite easily. Hearings for the board who deal with disputes take 6-12 months and then trying to get money out of people who have defaulted is basically a waste of time.
you would have to be a retard to pay rent. ded fkn srs.

ONLY PAY 1st and last to ensure the move in is smooth. THEN NOTHING.

literally 0 consequences. the problem is most rentcels are sheep. they deserve to get cucked. but a AAA tenant like me cucks the propertycel. 840 credit score btw. LMFAO
post 1686344693 07-12-2023, 08:02 AM
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#270
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Fed is dancing a tight rope trying to keep the repo market afloat while battling inflation and trying to start the recession. So far China's reopening is NOT the bump people thought it would be and is falling flat, manufacturing back logs are worked through and demand is dead for new product. Lets see if we get another 25 bps. Fed needs to start the recession already.

Eviction moratorium is going, layoffs are soon to start (have started at some companies), and a few more hikes and we are in it boys.
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