And all the normies just lost 5-10 yrs of opportunity to build equity?

“It’s a housing bubble bro, I saw the big short once and this is just like it!”

“Why would you want to tie yourself down with a mortgage?”

“But you still pay property taxes”

“All I have to do is vote AOC and give her all my money and she will fix everything!”

“Money isn’t even real, it’s just a social construct. We can print more whenever we want”

“BRB replenishing my only fans subscription”


Lmao Chairman Mao would love you cucks

Rentcels waiting for housing market to crash be like skeletononparkbench.jpg

Would be nuts if everything continues to crash except for the housing market.

I just dont know how long this can keep up for. Unless these major corporations continue to buy up the land and force the middle and lower classes to be forced to pay absurd amounts. Which then continues to kill the market because people could only afford mortgage/rent.

We really need the correction to happen everywhere.

Wells Fargo is laying off mortgage origination employees right now, lmao.

https://www.bizjournals.com/charlott...-division.html

Here's the deal

-Real estate is a highly leveraged purchase
-RE prices depend hugely on interest rates
-A cabal of unelected central bankers sets interest rates
-They directly control where the housing market will go.

Right now they want to raise rates to tamp down on inflation, and new mortgage origination is cratering. It's already down 12% since January. But if they stepped on the gas pedal tomorrow and cut rates to 0 or Euro style NIRP... we'd leave 2021 prices in the dust.

Plain and simple, housing is a nationalized market. It will cost whatever the Federal Reserve wants it to be.

As long as we have waves and waves of historically high immigration I don't see housing making any major corrections.

Look at Canada.

lol at the brainlets ITT. of course higher interest rates will lower home prices, but theyll also increase your payment accordingly.

just lol at preferring mr sheckleburg at the bank getting the cash instead of the seller.

retards

The housing market rarely “crashes”. 2008 was an unprecedented event.

what's honestly changed since then though?

Does $9T in stimulus and record high inflation count?

You must spread some Reputation around before giving it to FA******* again.

Exactly it's possible we've passed the point of a correction and only a crash can occur.

But when? it was supposed to be three years ago, then two, then last year and now the imminent future

Oh I thought it was in 2 more weeks

According to Zillow my house is worth about 2k less than it was a month ago

That’s only 215k more than I paid 2 years ago. I’m fukd

IIT bunch of cuck homeowners storking each other's cawk

























LMAOOOOOOOOO O O O O O O O O O