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Forum » Whats going to happen with the next real estate bubble pop?
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Thread: Whats going to happen with the next real estate bubble pop?

post 1637155603 04-26-2021, 05:27 PM
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Whats going to happen with the next real estate bubble pop?

I'm legit scared about it (srs) I'm flipping a couple of houses and people are paying over asking price, rates are retarded low, people buying 2-3 hours, refinancing their mortages, everything that happened last time. We have already given out 5.3 trillion dollars. The inflation for that will kick in 8-12 months, we won't be able to bail another real estate pop out. If you own a house and are thinking about selling, sell now. Buy as much land as possible with cash and wait. We gonna be in another great depression by the end of the year.
post 1637155713 04-26-2021, 05:29 PM
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yup land is king

houses be all like we wuz kangs

no bitch land is king
I'm not here for rage. I'm here for revenge!
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post 1637155853 04-26-2021, 05:32 PM
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I make way too little to put together a down right now so zerofuxgiven. Staying in cash right now (stopped buying tech stocks in Feb), saving up more for a down, and waiting for this whole thing to explode.
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post 1637155943 04-26-2021, 05:33 PM
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Originally Posted By chalup⏩
people are paying over asking price, rates are retarded low, people buying 2-3 hours, refinancing their mortages, everything that happened last time.
you clearly don't understand "what happened last time."
Originally Posted By chalup⏩
The inflation for that will kick in 8-12 months, we won't be able to bail another real estate pop out.
If inflation goes bonkers, having a tangible asset will be GOAT and it's not even close.
Originally Posted By chalup⏩
We gonna be in another great depression by the end of the year.
Ah, got it, you're actually retarded. nvm.
"It won't get better, just different."
post 1637156093 04-26-2021, 05:35 PM
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Lmao at holding real estate right now. You will not find any major jew still holding into residential real estate, they are all either pumping it up or getting out of the position

JUST FUKING SELL while you can, if you close your position now, u will make some decent profit
post 1637156113 04-26-2021, 05:35 PM
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Originally Posted By FA*******⏩
I make way too little to put together a down right now so zerofuxgiven. Staying in cash right now (stopped buying tech stocks in Feb), saving up more for a down, and waiting for this whole thing to explode.
Follow the money brah.

Get into assets before it's too late. Smart money is moving their money into assets. Do you think the stock market should have a 42 pe ratio?

Do you think house prices have really increased 30% in the past 2 years?

No to both. Your dollar is worth chit today, and it's going to get much, much worse.

Fed is going in dry on the dollar. The government has so much debt that the only way to get out of it is to make the debt worthless.

How do they do that? By printing their way out.

Money printer continues to go BRRRRRRRRRR.

Just LOL@cashcels. Srs.
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post 1637156413 04-26-2021, 05:40 PM
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Originally Posted By lockdev⏩
Follow the money brah.

Get into assets before it's too late. Smart money is moving their money into assets. Do you think the stock market should have a 42 pe ratio?

Do you think house prices have really increased 30% in the past 2 years?

No to both. Your dollar is worth chit today, and it's going to get much, much worse.

Fed is going in dry on the dollar. The government has so much debt that the only way to get out of it is to make the debt worthless.

How do they do that? By printing their way out.

Money printer continues to go BRRRRRRRRRR.

Just LOL@cashcels. Srs.
When have exponential rises that big ever stayed exponential? It's all crashing down. Stocks, housing, govt debt... it's going to correct and there's going to be pain.
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post 1637156573 04-26-2021, 05:42 PM
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Originally Posted By lockdev⏩
Follow the money brah.

Get into assets before it's too late. Smart money is moving their money into assets. Do you think the stock market should have a 42 pe ratio?

Do you think house prices have really increased 30% in the past 2 years?

No to both. Your dollar is worth chit today, and it's going to get much, much worse.

Fed is going in dry on the dollar. The government has so much debt that the only way to get out of it is to make the debt worthless.

How do they do that? By printing their way out.

Money printer continues to go BRRRRRRRRRR.

Just LOL@cashcels. Srs.
Lol if you think smart money just started putting $ into assets now. Lol if you think we are ever paying the debt. Lol if you think the dollar will be worth nothing within next 5 years while everyone in the world still uses it to trade. Lol if you think the rich don’t have cash on the side to buy low once all the plebs pile into the money printer go brrr hedge inflation trade and scoop everything for the low while everyone loses it all in risk assets.



Lol it’s all a big meme, spin spin around where it lands who the hell knows
post 1637156603 04-26-2021, 05:43 PM
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Is it worth buying now?
I did not have sexual relations with that woman, Miss Lewinsky. I never told anybody to lie, not a single time; never. These allegations are false. And I need to go back to work for the American people. Thank you.
post 1637157213 04-26-2021, 05:53 PM
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Why buy land? that's where all the bubble exists. It's in the land prices not the building.
post 1637157663 04-26-2021, 06:00 PM
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It wont where I live. Just wish it would calm down so I can move without over paying.
post 1637157743 04-26-2021, 06:02 PM
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Here's the thing... if there is a big "crash" interest rates will sky-fukking-rocket.

So let's look at how that could play out.

Desired house price is $500k. You are putting down 20% so just need a loan for $400k

-$500k loan at 2.99% interest is $1684/month.
-Let's say there is a 20% correction, now you are looking at a $320k loan
-$320k loan at 6% (which is what the avrg rate was following the last crash) is $1919/month

You are now paying almost 15% more because you wanted to wait for a correction... Congratulations, you played yourself.
"It won't get better, just different."
post 1637158083 04-26-2021, 06:07 PM
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Originally Posted By chino3⏩
Here's the thing... if there is a big "crash" interest rates will sky-fukking-rocket.

So let's look at how that could play out.

Desired house price is $500k. You are putting down 20% so just need a loan for $400k

-$500k loan at 2.99% interest is $1684/month.
-Let's say there is a 20% correction, now you are looking at a $320k loan
-$320k loan at 6% (which is what the avrg rate was following the last crash) is $1919/month

You are now paying almost 15% more because you wanted to wait for a correction... Congratulations, you played yourself.
For one, I don't think rates can go to 6% b/c the Feds can't pay their debt at 6% annually. I'd love to see 5%, but even I think that's too optimistic.

For another, if rates do go from sub-3% to 6%, it won't be a 20% home price correction. It will be absolutely naked panic in RE from millions of homes going underwater, coupled with a simultaneous '08 style stock market crash from dozens of over-leveraged companies failing all at once, coupled with a wave of mass layoffs and home foreclosures resulting from that. Blood in the streets kind of chit.

That's why the Fed doesn't want to raise rates, but it's either that or Zimbabwe style inflation boyos. They've painted themselves into a corner.
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post 1637158733 04-26-2021, 06:20 PM
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Yes op...this is EXACTLY what happened last time...exactly.....
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post 1637164373 04-26-2021, 07:41 PM
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Originally Posted By chino3⏩
Here's the thing... if there is a big "crash" interest rates will sky-fukking-rocket.

So let's look at how that could play out.

Desired house price is $500k. You are putting down 20% so just need a loan for $400k

-$500k loan at 2.99% interest is $1684/month.
-Let's say there is a 20% correction, now you are looking at a $320k loan
-$320k loan at 6% (which is what the avrg rate was following the last crash) is $1919/month

You are now paying almost 15% more because you wanted to wait for a correction... Congratulations, you played yourself.
Its called renting or buy land and build house for cash. Of course the rates will sky rocket, you can sell now and buy a fukking house for cash when it crashes. Are you retarded? My house is literally worth double what it was 4 years ago.
post 1637164443 04-26-2021, 07:42 PM
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Originally Posted By Fozzy13⏩
Yes op...this is EXACTLY what happened last time...exactly.....
Its not exactly what happened i misspoke on that. But people are over leveraging their self on the extremely low interest rates. Either buying to rent or buying a second house.
post 1637164523 04-26-2021, 07:43 PM
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Originally Posted By FA*******⏩
For one, I don't think rates can go to 6% b/c the Feds can't pay their debt at 6% annually. I'd love to see 5%, but even I think that's too optimistic.

For another, if rates do go from sub-3% to 6%, it won't be a 20% home price correction. It will be absolutely naked panic in RE from millions of homes going underwater, coupled with a simultaneous '08 style stock market crash from dozens of over-leveraged companies failing all at once, coupled with a wave of mass layoffs and home foreclosures resulting from that. Blood in the streets kind of chit.

That's why the Fed doesn't want to raise rates, but it's either that or Zimbabwe style inflation boyos. They've painted themselves into a corner.
Someone with a brain, finally.
post 1637164733 04-26-2021, 07:46 PM
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itt: very few people understand what a subprime mortgage is much less what an mbs is.
post 1637165103 04-26-2021, 07:50 PM
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Originally Posted By chalup⏩
Its called renting or buy land and build house for cash. Of course the rates will sky rocket, you can sell now and buy a fukking house for cash when it crashes. Are you retarded? My house is literally worth double what it was 4 years ago.
Aww well chit, looks like you got it all figured out. Then why are you making sky is falling threads on the misc?

Now let’s follow your retard logic. If the market crashes you’ll be caught with your pants down and won’t be able to sell your home double what it was 4 years ago. So where is all this cash coming from? Oh and back to your OP inflation will be crazy so whatever cash you had is now close to worthless but those tangible assets will stabilize or actually increase. Potatoes I swear...
Originally Posted By FA*******⏩
For one, I don't think rates can go to 6% b/c the Feds can't pay their debt at 6% annually. I'd love to see 5%, but even I think that's too optimistic.

For another, if rates do go from sub-3% to 6%, it won't be a 20% home price correction. It will be absolutely naked panic in RE from millions of homes going underwater, coupled with a simultaneous '08 style stock market crash from dozens of over-leveraged companies failing all at once, coupled with a wave of mass layoffs and home foreclosures resulting from that. Blood in the streets kind of chit.

That's why the Fed doesn't want to raise rates, but it's either that or Zimbabwe style inflation boyos. They've painted themselves into a corner.
We won’t see a surplus like we did before. But even if we did, REITs are fukking frothing over the idea of a correction as are the Chinese.

And just don’t say I didn’t warn you when rates to go crazy.
"It won't get better, just different."
post 1637165543 04-26-2021, 07:54 PM
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Originally Posted By chino3⏩
We won’t see a surplus like we did before. But even if we did, REITs are fukking frothing over the idea of a correction as are the Chinese.

And just don’t say I didn’t warn you when rates to go crazy.
Govt decides how high the rates will go. They don't want to increase the cost of their own credit card bill, but they're going to HAVE to as soon as hyperinflation kicks in. My best guess is they will let it run as long as possible and then up it to 3% or 4% once homelessness and food prices really get out of control. Even that will still drive a panic, but it will be more of a panic among speculators, vs a sudden failure of businesses.

REITs will lose a lot of their ammo in a stock market correction. There's not a lot we can do about the Chinese unfortunately... people want to get their money out of that fukking country and they are totally insensitive to price when they do it. If you're a Hong Kong millionaire, $2M for a house in the Bay is nothing when you face the risk of the CCP seizing your assets and leaving you with zero. Best we can hope for there is a stock market crash that just depletes all their funds to buy any property.
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post 1637165713 04-26-2021, 07:56 PM
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Originally Posted By chino3⏩
Aww well chit, looks like you got it all figured out. Then why are you making sky is falling threads on the misc?

Now let’s follow your retard logic. If the market crashes you’ll be caught with your pants down and won’t be able to sell your home double what it was 4 years ago. So where is all this cash coming from? Oh and back to your OP inflation will be crazy so whatever cash you had is now close to worthless but those tangible assets will stabilize or actually increase. Potatoes I swear...



We won’t see a surplus like we did before. But even if we did, REITs are fukking frothing over the idea of a correction as are the Chinese.

And just don’t say I didn’t warn you when rates to go crazy.
I'm literally remodeling and selling my house as well as my moms and we are buying land on a lake close to us then building cabins with cash, split land and put 1 cabin to rent on other side. All will be paid with cash, 65k for land, 40k per cabin not counting foundation and plumbing/septic. Did you not read OP on me flipping houses? Also have 1 friend im remodeling and getting 20% profit from. Ill make my money, re-invest it in land and cabins with no mortgage, insurance and property will all I pay. Not sure why you feel the need to personally attack, its my opinion from what I see. People are making really dumb decisions just because the rates are low.
post 1637165833 04-26-2021, 07:58 PM
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Originally Posted By Anachron⏩
Just quoting so I can bump in a year or so.
Read the next post, Robert. I believe that will happen IF the Feds raise the rates to 6%. But they won't, for that very reason.
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post 1637165943 04-26-2021, 08:00 PM
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Same as every other bubble pop

Middle class and those close to retirement will get hosed.

The rich will get richer
Plant the trees in whose shade your grandchildren will play
post 1637166073 04-26-2021, 08:01 PM
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Originally Posted By Anachron⏩
It's OK, don't need to read any more drivel from you. I will bump in a year or so.
You will keep track and bump a thread in a year to get a gotcha on the misc. Strong everything.
post 1637166143 04-26-2021, 08:02 PM
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Originally Posted By billclintonnn⏩
Is it worth buying now?
buying now? hell no. wait for the next bubble to burst
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post 1637166283 04-26-2021, 08:04 PM
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Originally Posted By Anachron⏩
It's OK, don't need to read any more drivel from you. I will bump in a year or so.

There is a difference between "will" and "would be" - maybe you need to start learning English.
Waiting one year to play gotcha over a single word on an online message board thread is an absolutely terrifying level of insecurity. I have no clue how you feel so threatened by an FA *******.
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post 1637166503 04-26-2021, 08:06 PM
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those that are left holding the bag get raped. rich will come in and buy houses cheap, bump up rents.

Everyone with eyes can see the rich are snapping up all basic commodities, food, shelter and water. They can literally bump all these 3 up to 100% of your wage, and you still have to pay for it.

Also, interest rates will not go up by much, if any at all. World economy is completely fukked.
post 1637166533 04-26-2021, 08:07 PM
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inb4 some retards say it's just supply and demand
https://en.wikipedia.org/wiki/American_decline
https://en.wikipedia.org/wiki/Societal_collapse#By_absorption
post 1637166593 04-26-2021, 08:07 PM
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Originally Posted By FrankCostanza⏩
yup land is king

houses be all like we wuz kangs

no bitch land is king
People that buy apartments are legit retarded lmao
Plant the trees in whose shade your grandchildren will play
post 1637166693 04-26-2021, 08:08 PM
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Originally Posted By TugOfPeace⏩
Interesting stuff.

My situation is that my parents just bought a house and already made like $60k off it.. problem is they want a bigger house in the same area. New construction. They're pressuring me to buy with a 3% down payment since my credit is 775+.. and they'll pay the majority of the mortgage. I don't have any property yet so it seems like a good idea, I mean it's in Dallas in an area that has insane growth. Only thing I was really concerned about was the possibility of house values plummeting and rates rising, but as your math shows it's nearly a wash.
Now is a perfect time to buy with the rates as low as they are. Whats not perfect is refinancing and taking out another mortgage for a vacation home or to rent out. Which a TON of people are doing.
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