What exactly is happening with home prices, should I wait a few years to buy?
Is this /tv/? What the hell is going on?
>>62018676If you have to be hyperbolic or overexxagerate your point to make it sound worse than it actually is, your point is probably bullshit.
>>62018676The Jews want homes to be unaffordable so that white people don’t have children
>>62018676no one is buying. sellers are having a very rude awakening. it sucks balls for me because i own a house and want to move and i can't now. sellers are going to realize that they need to lower the price before some chump is going to buy it. if you buy now you're basically retarded because shit is about to tank
>>62018711I could see that but won't the tiny hats start up QE as soon as Iran is glassed?
>>62018704banks would go bankrupt if home prices goes downthat's the real reason
>>62018785explain?t. doesn't understand macro economics
>>62018704This quote was nuts.It's not even a narrative that "people who didn't work very hard think they deserve a home". It's literally multiple generations now have effectively been locked out of home ownership.
>>62018676It's very simple. Automation is the reason.In the 1950s a single factory worker could support a wife, kids, house, holidays, car etc.But in the 1950s a single factory worker manually hand welded bumpers onto cars.Today that same factory worker presses a single button and a multi million dollar robotic arm paid for by the employer does the welding...And what he expects to get paid the same?Get out of here.Automation is why people get paid less.Human labour is dogshit. There's too many humans capable of pressing a button. It's worthless.
>>62018711It depends on the market / area. Every home in the area I want live in goes to contingent the same week it's posted. It's been like this all last year and this year.
Your alt season, whatever happened there
>pretending incels are because housing pricesHoly fuck goto the gym and get a job.
>>62018676>waste management Do you mean a city garbage man, or an executive at a private waste disposal company? Because that house was always upper-middle.
>>62018821Typically parents pass their homes onto their children and given that most people these days have just one or two children max, in theory almost everyone should be handed a paid off house at some point in their adult life.
>>62019127That is not typical at all, at least in America. More typical would be parents pass a home when dying around the age of 85, multiple children aged 65 to 55 agree to sell the house, they split the proceeds between them. Historically, the way young people got homes is by getting a mortgage on a cheap starter home, or renting until 25-30 before putting a big down payment onto a family home. The problem today is that new construction is blocked by nimbyists, or that good employment is centralized in areas far from where new construction is.
>>62018824Stop making shit up.No one ever welded bumpers onto cars. I have not seen a single car where bumpers were welded onto the chassis.
>>62019177Yes this is what happens but the anon you replied to is 14
>>62018676What an ass ugly abortion of a house.
>>62018704He's a child molester being blackmailed.
be mehave "the collection" (ASPD, NPD, BPD, OCD, STPD)basically a walking DSM-5 entryfind a cute girl, she thinks I'm "mysterious" and "intense"kek, she has no ideacurrent status: 48 hours into a manic episode, spent 6 hours rearranging my sock drawer by thread count and staring at her front door to see if the "shadow people" are following her tooshe's coming over in 10 minutesI forgot to hide the shrine and the 40-page manifesto on why I'm literally a godtfw she thinks we're watching Netflix but I'm planning to split on her because she breathed too loudSell your house now.This is your only warning.
>>62018821just shoot old people in the face until they retire to mexico away from us.
>>62019177>good employmentI have years of experience doing a particular field but when I apply to mid-level jobs it's like >200 applicantsAt this point I've realized everything I did was wrong and am baffled by people who still talk about college like it's a magic bullet to easy jobville when every single thing has to be fought over.
>>62018793home values decrease, mortgage payments decrease, interest revenue decreases
>>62019657ah sweet a schizo thread
>>62019127Now boomers just sell their house to downsize to a tiny bungalow or whatever and then spend it all on cruises and other trips until they get put in a retirement home which sucks up the rest of their money.
>>62018682bots
>>62019657the shadow people are real but burn your delulu writings. the shadows are very real and the women have government demons in them
>>62019125The OP is making a joke, this is the house of Tony Soprano, the mob boss in the TV series "The Sopranos"
>>62019127>handed a paid off house at some point in their adult life.that point is when they are 70 and have trouble remembering where said house is and whom it belongs to
>>62018676Imagine the home he'd have if he had the makings of a varsity athlete
>>62019913>>62020921Google's AI made it for me.
>>62021065imagine the home he would have had if he owned a Learing center for autistic children in Minnesota
>>62018711>no one is buyingOnly properties in shit areas. Decent properties in good locations are still in high demand.
>>62018785>banks would go bankruptBrrrrrrrrrrrrrrrrrrr there problem solved
>>62018676Tony lived in an upper class neighborhood even though his house looked like shit. His neighbor Cusamano was a doctor.
>>62018676is that from the sopranos or something?
>>62018793securities market, basically after the repeal of glass stegall in 1999 literally with a month left in office by bill clinton, they do this thing where they wrap up literally ANYTHING people pay money into like food, clothing, mortgages, and offer them as a security you can invest in, and they leverage that x30, so you and your neighborhood are actually part of a security without even knowing it, the value of your homes goes down, the security goes down, people deinvest, boom, a x30 loss on whatever the value of your home and your few neighbors is put together, same thing with rents, and now they are doing it with food commodies and various companies bundling up 4 or 5 vet clinics as a "pet vet" security cause people HAVE to get their dogs and cast taken care of right? 100% safe bet!
>>62019127my mom sold our 12 room family home for 220k ten years ago. now she is broke
>>62021667Then why don't they just start unwinding and taking permanent profits if its so cuckoo ridiculous? Because then theory says its a race to the exits?
>>62018676The property market is fucked but zoomer propaganda is unreal. No bin man was affording this Fresh Prince-tier gaff in 1999. Zoomers also conveniently forget that cities were crime-ridden shitholes and banks didn't hand out mortgages like candy.
>>62018676Yeah man the housing market will crash any day now. /r/REBubble said so
>>62023834Funny, the London housing market has crashed but the reality is that a 10% drop on a £1M property still won't enable you to afford a home.
>>62023828It's a Sopranos joke
>>62019657Unironically based
