boomers at my job worried lmao they keep saying they might have to sell because hosing still stagnant not going up, so they want to cash out their mcmansions, they dont understand its literally too late, to sell now you need to cut like 25%
In my old neighborhood homes have taken a 30% loss since 2024
>>62421912Around 25-30% in my neighborhood too.
stupid nigger it will drop like 10% which is still up by fucking 300%. it will "crash" while still being unbelievably expensive. then in 5 years the average house cost will be like $1.3M in Massachusetts then "crash" to JUST $1.125M and you will have thought you won
I wish my job were near these supposed undesired neighborhoods
AI-led 3D printing will be a shotgun blast to the face of the housing market. If you're relying on property for a future cashout, you will be raped hard.
https://en.wikipedia.org/wiki/Houses_are_for_living,_not_for_speculation
>>62421912>>62421919>duuude houses are so cheap in my flyover state dollar general cucktownYeah, because literally nobody wants to live there. Housing prices in places that actually matter like California and Florida continue to skyrocket. Go figure.
>>62421927Yep, stagflation is the plan. The cost of everything else is going to catch up to housing.
>>62421954A skylight right above the bed in the fucking desert is exactly what everyone needs.
good houses where i live are still selling quickly above askingby good i mean decent modest homes with yards and garages that dont cost a fortune on upkeepcondos, mcmansions, prefabs, failed flips and other overpriced dumps arent selling at all
>>62421993Im in florida and its down 30%
>>62421893They need them to go up because they take out loans against the house to make repairs and buy RV's they'll use twice.
>>62421993>a burn out junkie even has a house before me
>>62421954Why do you need a chatbot pretending to be a redditor connected to a cement printer to print a cement house?
>>62421893I bought the top (Fall 2024) for $235K. We are buying the plot next to us for $4K which I read can increase the property value by $10K-$15K. We have half of the house paid off. We would've paid $25K in rent by now.Did I kinda break even or was this still a stupid choice?
>>62421993What nigger? my florida home is worth about 10% less vs what i paid in 2025. But I cope with the fact that 1 year of rent is literally that same price difference and I paid in cash
>>62421993>my flyover stateNo.
in my small metro area(~300k people) housing prices have steady gone up like 10% a year for the past 4 decades.The markets that are crashing are like San Fran type ones that went up astronomically
>>62421893Are BlackRock and other private equity firms are buying up homes? Why is there a slow down in sales?
>>62424033Seems like decent places in the Midwest just keep steadily marching up.I’m in Colorado and it’s been flat for four years. We shot up like Austin but never corrected like they did. I own a home but want to trade up.
I will live with my parents forever. I am not buying your boomer bags.>muh girlfriendsIf she isn't a rentoid or isn't dtf either in my car or my basement room, then I don't bother.>muh starting a familyKek. KWAB even
>>62421893Tell them simply:>C, S, & D
i kno whati got
>>62425843This anon knows
>>62421893the housing market needs to collapse and be so devastated it never recovershousing simply should not be a speculative asset
>>62421912>>62421919This, housing prices are going down across US.We are in a year 2006-2007 housing bubble pop of Housing bubble of 2000 - 2007.
>>62424241>Are BlackRock and other private equity firms are buying up homes?>Bottom Line: BlackRock is an active investor in the U.S.real estate market, >but we are not among the institutional investors buying single-family homes.https://www.blackrock.com/corporate/literature/brochure/blackrock-and-housing-setting-the-record-straight.pdf > BlackRock Says It Does Not Buy Single-Family Homes After Trump Proposalhttps://finance.yahoo.com/news/exclusive-blackrock-says-does-not-033108366.html
>>62421993This bot automatic contradian behavior sure does get a lot of (You)s though dunnit?
>>62421993>FloridaLol
>>62421993>Housing prices in places that actually matter.. Florida continue to skyrocketFlorida is a canary in a coal mine. Just as Florida bubble popped first after 2000 - 2006 real estate bubble. And the prices collapsed 30-50% . So it does already now , the prices are already down across florida, 3-5%, but just as in a previous bubble, prices should also go down 20-30%. https://fred.stlouisfed.org/series/FLSTHPIhttps://fred.stlouisfed.org/series/MEDLISPRIFL
this is ridiculousi graduated college in 2023, got a job making 60k/year, and i can't afford shitwhat the fuck am i supposed to do?
>>62421912Bad neighborhood. High beta. >>62421919See above. >>62421932These neighborhoods become extra bad during economic downturns. >>62421986Fuck off.
>>62421893Wanting real estate to go up is so dam evil. I own real estate and I want it to go down, because lower prices are good for everybody. Higher prices are just illusion lf gain because what are you going to do? Sell and buy another property that costs equally as much? There is no gain u less you move somewhere cheaper I suppose
>>62429066You don’t want those who didn’t work very hard to own a house in your neighborhood.
>>62428935try not living in a left wing shithole state or city kek
>>62428935$60k is below average. $65k and even mainstream business news says anyone making $65k and under since 2020 has actually fallen behind. Also, life is expensive. Restaurants and housing is insane, idk how normies are doing it.
>>62429190You’re a ruralfag though.
>>62422477Flips are outright not selling, boomers do nothing to them but ask for more, its the same spic built shack either way
>>62422763Anon,Buying raw land to add to your home is ALWAYS a winning move. You made the right choice. T. Land Chad
>>62428935You did pretty well. 60k is way above average
>>62421893Housing will be in a deflationary spiral for the next 50 years at least
>>62426972Um isn’t it Blackstone that does it? They’re related somehow.
>>62430205Agree but that makes it doubly suck for anyone buying a house now. It’s super expensive and it’s going to depreciate every year for as long as you own it.
>>62421893Home prices are an entirely regional thing. Where I live they are still getting sold above ask in bidding wars right after going on sale. That's because they are still comparatively cheap and people can afford them with the incomes in the area.If you live in some retarded suburb in Arizona or Florida your house isn't worth a premium so that's why the price is going down. The local economy doesn't support $800k homes when the only jobs available are paying $80k a year. And there are only so many people who want to live in cheap shitboxes in the desert or converted farmland.It's just a reversion to the mean.
How do i get early inheritance from my boomer parents. They are like 66 and i fear ill have to wait another 15 to 20 years to even afford a house. Then the bitch complains why i dont give her grandchildren or why i dont own a house
>>62428935House prices can't go down until labor costs and material costs go down.The 2007 housing bubble was a financial bubble, it had nothing to do with the cost to actually build a house.
>>62424241The government stopped them. Because they were buying too many houses above asking price. Getting cockblocked by Blackrock.
>>62430319Nashville Tennessee despite being rural and based is now high in price.
>>62430578The market doesn't know how to price things rationally, just like the stock market. A company reports record earnings with 2x profit YoY and the market responds by pumping the stock up 10x. 50,000 people move to an area and the local housing market responds by building enough houses for 1,000,000 people and doubling the prices of existing housing stock. There is plenty of growth happening, but speculators take it to retarded levels and kill the value proposition of making a normal investment. We can't have nice things anymore without them turning into bubbles.
