Millions of homeowners are now underwater. Congrats to the magats
>>523925144>Millions of homeowners are now underwater.
>>523925144>Price climbs 500% in 5 years>Drops 5%Wow it's so over bro
>>523925144Home prices are out of control and most young Americans will never own one themselves because they're competing against institutions like BlackRock in the bidding process. Even if home prices collapse entirely, those young Americans will still be outbid indefinitely.
It is easier than ever to get a mortgage. Anyone who doesn't have a house is intentionally refusing to find options.
Homeowners are buy high sell low morons.
>>523925316Depend deep in mortgage debts people are....if the assets not cover debts someones has cut losses and sell house(s). Might go down very rapidly when domino-effect starts.
>>523925406>Mortgage>Death Grip>Easier than everRetards be retardin
>>523925144time for ww3
>>523925144All they had to do was increase salaries, but instead they crashed the housing market
>>523925144wait, what? You think house prices going down is bad?! LOL We voted for this. If you don't like it, LEAVE, or DIE. Only two options. I will help with BOTH
>>523925312the millions of homeowners in question:>90% blackrock landlords>5% independent landlords>4% about to be bought by blackrock>1% people actually living in thier own home
>>523925144i don't care.not selling.might buy another, though.
>>523927794>Billions of dollars of home equity lost is good for the economyThis is your brain on MAGA
>>523925613Tumor weeks any moment now yea yea
>>523925144Everything's about to go negative
>>523928260>retard nigger faggptshouldnt have got that high to begin with
I actually wanted this to happen thoughiePrices mvst drop 500%
>>523925144If you're taking out a mortgage, you're part of the problem, especially if you have assets or money to buy it outright.
>>523928665I hope houses in Beverly Hills become uninhabitable like Detroit or Baltimore.
>oh no, the housing prices are about to fall!>and rents are coming down because there aren't families of illegals pooling their money to rent 1-bedroom hovels at $2k/mo>damn you drumpf>>523928260>oh no, the valuations on my chain of HELOC-funded rentals are collapsing and I'll have to sell at a loss! if only there were no consequences for abusing the system!
>>523925144>WHAT THE FUCK IS HE DOING, THINGS KEEP GETTING MORE EXPENSIVE>WHAT THE FUCK IS HE DOING, THINGS ARE GETTING CHEAPER, FUUUUUUUUCK
>>523925144Retards who bought houses at those prices deserve it.
>>523925144>loose money>build houses>gib loans >tight money>fire workers>evict defaulters>repeat
