House prices have gone up again and are stable. How is this fucking possible?
>>61926272Did you fall for the people are poor meme?
>>61926272What are you talking about? Average home prices all over the country are double digits below ATH
collusion - boomers refuse to sell. and the state governments are making it worse by getting rid of property taxes.
>>61926272You voted for this
>>61926272People can't afford to sell and buyers can't afford to buy. Just because no one is buying doesn't mean sellers can just knock off hundreds of thousands of dollars, they borrowed money to buy their speculative asset and the bank or mobster wants their money back.Eventually they will start to default as job losses spiral out of control which will cause bank sales and prices to drop. Expect the government to backstop the death spiral by telling the treasury to buy the mortgages. They'll freeze the market and keep it in this stalemate until inflation catches up.
>>61926272Don’t worry. In about two weeks the housing market will crash then you can finally get in. Just a little bit more waiting.
All investment comes with risk. Unless it's a house. Then fuck you, I got mine, I know what I have.
>>61926272house prices haven't gone up, the value of the dollar has gone down. The dollar always goes down. It's designed to go down. It's going to keep going down. so to fools like you that don't understand the dollar is going to keep going down, what you see is houses keep going up. But they're not going up. They cost exactly the same amount they always have.
>>61926272>And for my next act
>>61926272refuges everywhere
