WE ARE SO FUCKED.
>>540305818Trump promised prices won't ever come down.
>you will thank me laterSure I will, I'm sure you'll be around to answer for this post when time proves you wrongI'm still looking for the motherfucker that told me don't worry the courts will stop drumpft, checks & balances will keep him under control
>>540305818Stack physical silver if you want to cheaply buy a house.
2 more weeks
>>540305930Listen to Bulgaria, listen and learn.
>>540305818>2026 crashWe're running out of 2026. Is this crisis and crash expected in another two weeks? I need to schedule some things.
>>540306087It will never crash, when Trump takes over the world and hands it over to Israel they will implement AI dictatorship (willing) and everybody will have a billion dollars, no need to buy a house.
HOLDLET THE SELLERS SWEAT
>>5403058182008 debt to equity was 1 to 12026 is 1 to 3that means Boomers can borrow against equity to prevent foreclosure, for sometime, even if prices crash 40%
>>540305930Kike is gone in a few years
>>540306271Real estate is conditional on zip code, misleading graphic
>>540305818Yes, everyone is praying for a housing meltdown. Total boomer wealth destruction
>>540305818HOLY GUACAMOLY IT'S OVYR
>>540305818>WEI'll be fine.
>>540305818My buyer was denied financing. Come on bros wish me luck to liquidate this POS soon, I'm tired of home ownership and just wanna van life it for a couple years and bum of parnts neet maxxing
>>540306298That’s pretty hard to do in a world where they’re on fixed incomes and SS might even be getting cut on having issues.This is the end of the road bud
>it's not a bubble because it hasn't popped>if it was a bubble, it would have popped, thus proving it to be a bubble>this time it truly is different>different compared to what? all of those other bubbles. but this isn't a bubble.
>>540306390Based Chad. You and I can lol tears of joy and drink beers when we witness boomers losing it all
>>540305930Good thing the opposite of what he says always happens.
>>540306414based, don't forget foodbanks
>>540306414> Come on bros wish me luck to liquidate this POS soon,Fuck! Where’s a bag holding pajeet when you need them
>>540306344Its clearly the national average, as its a national bubble. Some zips are being butchered like austin.Some continue to rise like nyc
>>540305930He also says the economy is booming and the Iran war is being won and we’re getting deportations like we wanted
>>540306579>>540306344
>>540305818I bought the dip during covid. My home could lose over 70 percent of its value and i still wouldn't be underwater.
>implying line ever goes down
>>540305818The population is expected to grow for the next 100 years and when trump is gone whoever comes after him will open the flood gates for immigrants. That will inflate the demand for housing. The bubble will never bust atleast not in our lifetimes
>>540306607this really makes it not look like a bubble but rather the new normal. how many decades exactly does it have to continue before you realize it isn't a bubble. look how quickly the historic 2008 actual bubble happened and ended.
Deport or kill the 100 million brown people who shouldn’t be here.
the bear will come out of his cave forever
We sold our house at the last possible moment, got super lucky
>>540305930They can't because every boomer with a house has multiple lines of credit based on a high appraised price and it'll destroy the banks.
>>540306794Weve had the same fed easy money policies for a decade. Now we dont. We will see what that means for housing. Buy a house to live in and be happy. Anyone timing the market is a cunt
>>540305818Yummy. Do you have any idea how far we will fall this time? If you arent a millionaire by the end, you were never going to be
>>540305818keep waiting.
>>540306946This.Reverse mortgages that 75+ yo boomers took our will kill the banks if values drop.Side note: As a homeowner without a mortgage, idgaf about my house price. In spite of the specific examples here, generally housing goes up and down everywhere, so my spot on the ladder in terms of where I could move by selling) won't change much.In theory, a market crash would just drop my appraisal value and property taxes and otherwise not affect me in any real way.
What collapse? Blackrock and Vanguard will just buy up everything.
>>540306298IF prices crash 40% DtE will be 2 to 3.6.IF prices crashed 66% DtE will be like during 2008 (year after crisis, subprime crisis started in 2007). None is buying. It is not impossible.
>>540305818two more weeks
>>540305818Rentoid cope. If they are wrong (like usual) and housing goes up a mere 5% (sometimes it goes up 20%) they'll have massively screwed themselves by continuing to rent that extra year waiting for the next housing crash that just never seems to come. Weird how prices for literally everything else just constantly go down all the time, but housing prices always go up.
>>540305818I bought my house in 20182.99%I basically can never afford to move. My mortgage is 1100a month and once my veteran tax credit hits in October it will be even cheaper
>>540307701Housing, and rental, prices have been coming down from their recent absurd highs but anons here think a price crash means they will get a 4 bedroom home for 1000 bucks and not that the the price will come down 2 percent from its already overpriced markup.
>>540305818>America>housing>collapselmao noNot as long as there's still 900001 gorillion shitskins waiting to pour across the border and drive up demand. Sure if you pause the shitskins for a while, as Trump *MIGHT* have done, it will alleviate demand for a while, but investors know they're only one election away from another potential flood of additional housing demand. Never bet against housing demand in white countries in this modern mass immigration world.
>>540305818too many peoplebillions must die
>>540305818Maybe if I start noticing an uptick in estate sales
>>540305818why would prices collapse if the population constantly grows by illegal Immigration and by that creating higher demand
I'm closing in September.... Wish me luck!
>>540307930Makes one wonder why boomers are so likely to be pro-MAGA and anti-immigrant. These people are who drive their house's value up and do their construction projects for peanuts.
>>540306794>the new normalexperts said this exact same thing before the 2008 crisis. maybe super inflated, out of reach of most american prices aren't normal?
>>540308064trump said he was going to fix all the illegal immigration so supply and therefore demand should go down anyday now
>>540306087Everyone says you can't time the market
I bought back during covid, should I be selling soon?
>>540305930
>>540305930Trump promised a lot of things
>>540308375Everything, houses, stocks, food etc. is going back to 2021 prices. Do with this information what you will.
>>540305818A factor here is inflation and the fact that dumping money into houses is a good way to keep it safeSo the situation isn't quite like 2008. This second spike may just be related to the value of the dollar
>>540305818Fake, they can’t sell houses in my area.
>>540305818>rent for nowMost will rent forever and lose more money in the long-run because they're retarded consoomers. More than likely a renter will pay out somewhere between $600-$2500 per month to lease, multiplied over 30 year time frame that's around $217k - $900k. Just to never own anything and continue driving prices up for no reason.You'll pay less with a mortgage provided you can build and manage your credit score in your teen years, plus drop a down payment of $20k - $30k. What matters is lowering your interest rate by as much as possible, since paying down your principle is secondary. Don't get an ARM, you will 100% be fucked by it through inflation but you'll also likely incur usurious "prepayment penalties", which are extremely jewish. Take advantage of FHA loans to get a 30-year fixed rate at less than 6.5%, this isn't a losing prospect just a daunting one, to someone unprepared setting yourself in the debt hole by $600k or so seems stupid but at the end of it you own the land.>Inb4 muh property taxesYou can waive property tax in some states upon retirement, so don't live in a shitty state that fleeces old people or petition to change law in those shitty states.Bonus points will be awarded if you get a complete immigration moratorium passed, no foreign laborers in the domestic USA.
My brother and his wife just bought a house so I'm gonna feel fucking awful for them if the prices crash. On the other hand, I'm a 32 year old loser with 100k in savings living with mommy hoping that a tiny cottage finally becomes affordable. So I'd like it for that. However my brother's wife is white and my gf is Asian so I think it's better, at least in the microcosm of my family, if there isn't a crash. But God except for them I really hope there is.
It will never crash again you will be priced out. You will own nothing in be happy. They learned how to get away with it after 2006 to 2008. Two weeks.
>>540306344What kind of retarded captain obvious post is this? It's called an AVERAGE you stupid fucking nigger.
>>540306622Good mindset anon. If only boomers thought like you
>>540308375ngl, it might be a little too late
>>540306298
>>540308819>ll pay less with a mortgage provided you can build and manage your credit score in your teen years, plus drop a down payment of $20k - $30k. What matters is lowering your interest rate by as much as possible, since paying down your principle is secondary.jew-tier advice.Zeroing the balance as soon as possible is the only way. You have no idea what life will throw at you, better to have the house paid off so that when some nigger t-bones you and you spend 8 months unable to work that you aren't financially ruined.My only ongoing expenses are gas, groceries, internet, property tax, and home utilities.My credit has been frozen with all three agencies for years.This confuses and enrages boomer and goyim.
>>540306271>houses have doubled in price in less than 10 yearsWe need to start killing boomers
>>540306607the rich jews can afford these prices btw. they buy now all the assets just as planned.
>>540309215My landlord keeps reminding me that the value of my shack has supposedly tripled in price and thats why I need to do thousands of $ of free maintenance and lawncare for him or he'll fuck me over and use his jew lawyer powers to resell the house he's been selling him for years>but anon that means he's not your landlordYou missed the part about small town big shot jew lawyer.
>>540307966Blackrock own a controlling share of the market. Drive prices down, its charity. Drive prices up, it's fake scarcity.Its fake real estate.
>>540305818>>540305930Prices will fall by tens of thousands. It'll take a Boomer die off or too much maintenance for Boomers and the need to downsize before there is a massive sell off.Of course /pol/ and other retards also claim BlackRock and others are buying at record highs and will somehow make money. Fr how much we're told they're doing this in the open, we still don't even have a list of homes in one area they're buying up.
>>540308819Committing to any area I'm this current state of america is cuxked as fuck and retarded. Not tying myself to any community.
>but anon it's your house just do the work don't you have pride in ownership?If I made it look nice he'd sell it out from under me for sure so I 3rd world max the shit out of it.If I ever pay it off I'll use the $ I was putting toward the mortgage to fix it up in the span of 2-3 years.
I'm so tired of hoping bros... I just want the boomers to die with nothing like they deserve
>>540309482Max Keeble it then
>>540308961The most you can hope for is a pause from increasing house prices for a little bit, it all goes along the same lines as in ten years from now looking back the prices on everything will sound absurdly low.
>>540309607>pay it off>My landlordNigga are you renting or paying a mortgage?
>>540309743>>540309482I covered that in my last post technically he's selling it to me but he's a small town jew lawyer who seemingly built half the town and has me by the balls on the 12th year of my 10 year mortgage that the seemingly nice old man talked me into.Should I refinance with a normie bank?
>>540309936I have no idea what mind of terms you signed that could possibly increase a 10-year term to 12 if you never missed a payment.But what's your remaining principal?
>>540305818Too late, bought my starter home at the start of 2020 when interest rates were low. Kinda hoping for a crash though. The property tax and insurance needs to go back down
>>540308248The problem is our currency is even more debased and over printed right now then in 2008. So you may think this looks like a bubble but underneath is a lack of confidence in the dollar
>>540305818houses made of paper and glue and still cost a fortune. nice
>>540309586
>>540310126>property taxYou can’t be this stupid. Sheesh live on easy mode down there
>>540306087>We're running out of 2026. Is this crisis and crash expected in another two weeks? I need to schedule some things.It is so funny how these people keep making their "doomsday is coming soon!!!" predictions every month for the last year, but change the reason to something new that will be forgotten about in a month
>>540305818I've already seen it, slowly but surely.Good thing Zillow keeps a running tally of price cuts for the same house year after year unsold. Top kek
>>540305818How or why would it come down? The country is getting larger, not smaller, and we aren't building to demand as is. This is just like the fucking AI bubble, just say it every day in the hopes that it might randomly happen.
>>540310521>every month for the last yearIt's been five yearsBut it will happen eventually, in a way no one expects.
>>540310289or maybe there is a bigger bubble than just a real estate bubble? maybe it's not a coincidence that big tech, "AI", real estate, Japan carry trade are all bubbles
>>540305818You can buy cheap houses that are ready for moving into if you just stop fetishizing the coastal cities.
>>540305930Trump also said the war in Iran would be 3-4 weeks.
>>540309106>Zeroing the balance as soon as possible is the only wayNo shit, you can pay off your principle faster if you want and should if you're able to. The point is not to try it with an ARM because of penalties, just don't get one. Are you renting?
Bubble popping wouldn't bring rents down though.
>>540306087The fun part of a bubble bursting is the surprise. Just keep telling yourself it will never happen for now.
>>540305930nobody posted the stupid dance gif. maybe r/the donald really is gone and its all bots on ptg
>>540310872You people act like money is a force of nature and you can divine its intents through tea leaves which is why nobody takes you seriously
>>540310763the problem when you say bubble, is you are saying those assets are in reality worth less then the dollar. But when our government is rapidly printing and selling bonds to debase the dollars value. then even if those assets are real value drops, the value of the dollar drops faster, and a in relation, the "bubble" never pops as the dollar become worthless.
A neighbor's just sold for $2m after being listed for a week, I have multiple offers on my place for $5m, two places across the street sold for $700k per acre. It hasn't started to come down where I live and I don't think it ever will. The "White area" premium will continue to rise.
>>540310307No argument, got it.
>>540310801see>>540307163
>>540305930They don't really need to. Mortgage rates do. They won't come down with this inflation, though.
>>540311088Unless you have some owner protection in your county (or an county assessor who hasn't touched your valuation in 20 years) you must be absolutely raped by property tax.
>>540310991This is proven to happen in cycles by history. Just because you can't afford a crash doesn't mean it's not happening. Everything is insanely overvalued and it's breaking the workforce. You pretend you don't need 90% of society, but it's the other way around. You'll beg for bailouts when it all goes wrong.
>>540310995No people typically think of bubbles as "large asset with wildly overvalued pricing with a lot to lose"
>>540311284>This is proven to happen in cyclesRight. Yeah. So it's a cycle, natural, like the moon, right? Just an unavoidable fact of the moneyed ecosystem? You people are delusional.
>>540311229Yeah I am. I live in a county with a major metropolis. My taxes are needed to feed and educate the hungry niggers and spics.
>>540310027I missed some payments during covid and he warned me at the beginning I'd probably have to make more then minimum payments to overcome his 8% mortgage that I retardedly agreed to. I've got about $20,000 left to pay.I've been paying double the minimum for 2 years now.
>>540305930Good, lots of people and companies have money tied up into their investments. Wanting to sink the market is commie behavior.
>>540310785>DUDE just live in my bumfuck fentanyl town where there are no jobs and everyone treats you like an outsider because you weren't in their high school friend group!
>>540306794Webster Tarpley explained all of this over 25 years ago. They are using derivatives to prevent the collapse and only delaying it. So by his definition, the 2008 bubble didn't actually pop it was artificially saved but by doing so they created a larger bubble. and it just keeps going until the return isn't large enough to sustain the debt. or something like that. Its funny that he saw this so long ago and we still let it happen literally exactly the way he said it would.
>>540311366yeah and my point is that you are measuring the value in Dollars, while the actual value of the dollar is dropping rapidly, so while it could have been overvalued in dollars at one point, now the value of the dollar has dropped.Measure the value in gold and the housing market has already popped
>>540305818I bought my house in 2024 because I wanted some place to live. I'll probably lose money in the long run, but it is what it is
>>540311523You're being outrageous. There are thousands of perfectly fine towns with affordable homes.Don't like PA? Here's one in IN, three states away.
>>540311523>everyone treats you like an outsider because you weren't in their high school friend group!Ha my small town is so much worse. I went to high school here for 3.5 years was seen then and now as an outsider. You have to be here for generations to be possibly accepted. It's a horrible small town but the prices have tripled it I think it's because we don't have any niggers.
>>540311162Then what's the gripe?
>>540310785You faggots do this everything and it's either in some niggered part of town, the house needs a complete restoration (beyond just a $25k new roof), and/or it's a deadzone of jobs [CAREERS].
>>540305818>1950-2000 same>boomers had it hard
>>540311568but im not? you are the only one hyperfocused on the specific value of dollars. even though we both know the AI bubble is more international. see samsung in the SK market giving off supermassive red flags. 1950% profit returns YoY yet it plummeted 40% in 3 days
>>540311589And you know what unless you have inside knowledge nearly everyone is upside down on home purchases. Its a big club and most of us aren't in it. This is what changed everything >>540311553>>540306794The kikes just print money to make line go up or down. So there isn't any real way to know.
>>540306429they can get Reverse Mortgages and hang on for a decade.Dodd-Frank is probably mostly Jewish BS, but likely do something to prevent exact repeat of 2008.There is some weird private banking similar scam cooking.
>>540306344every zip code overrun by non whites loses the value. I.e. on average the housing will cost less, but the areas yhou want to live in (i.e. 90%+ white)will cost way more
>>540311789I'm only talking about housing here
Yes. It's a bubble. We've been hearing this for 10 years. We have a retard president real estate mogul who is driving the price of everything way the fuck up, but sure, this one asset that he has a direct financial interest in- that's coming down. The bubble will burst. Just stay on the sidelines and wait for the crash, that is totally coming. You will thank me later. Just be a rent golem a little longer.
>>540311431>I've been paying double the minimum for 2 years now.Has the extra gone to the principal or is he doing the jewey 'prepay your interest' trick?
>>540311769We're in the age of remote work there is no such thing as a dead zone.Get a Starlink subscription and you can work from the fucking Badlands it makes no difference.
>>540311898then we've come full circle to what i originally said. and that you state outright to not bother addressing>or maybe there is a bigger bubble than just a real estate bubble? maybe it's not a coincidence that big tech, "AI", real estate, Japan carry trade are all bubblesultimately all assets will fall in the global recession that is brewing. including USD, gold, whatever
>>540305971sniveling tranny
>>540311950I know this is a bot post but surely you can see the spike during Covid right? >2% interest rates>stimmy checks every few months>wow how did homes go up??
>>540306390Doubt it.
>>540311985Either way, with a remaining balance of ~$20k, probably isn't worth the hassle of a refinance. Especially when rates are 7% on a 30-year, 6%/15 year.Give the jew his pound of flesh and be done with it as quick as you can.
>>540306794boomers keep dying every dayhouses are gonna free up
>>540305818>AMERICAN HOUSING MARKET CRISISReal Estate price charts like that are completely meaningless, because every real estate market is local. So the huge drop in real estate prices in 2008 did not even happen in most places. In places like Las Vegas some houses went from $400,000 to $100,000 but in other places the prices of houses went down a tiny amount, or not at all. The price of houses in Las Vegas doesnt matter if you are trying to buy a house in Indianapolis, its completely irrelevant."Wait for the housing collapse to buy a house"....... yeah brilliant advice. X posts are infuriating
>>540312177Check'd >every dayPicrel. It needs to be every 1/100th of a second, until everyone born before 1980 is dead
>>540309215We need to start removing foreigners, either form our borders or from this earth. That is where price inflation for housing has come from.https://thefederalist.com/2026/07/22/illegal-immigration-made-the-average-new-house-30k-more-expensive-under-biden/
>>540312118>Covid dumps trillions of dollars into the economy>Thinks prices are ever coming down on anything, everYou are never getting your once-overpriced 200k mcmansion ever again lol
>>540312118You forgot:>endless immigration>printing damn near 50% of the money supply in a few years
>>540312042You expect a deflationary recession, but you can have recessions with out deflation if the government is printing enough money. Ask Germany about that right before WW2.Stocks could become worthless, but real assets like houses wouldn't
>>540311985I think it's going to the principal but I was rather retarded and just signed it years ago and it was all in legalese mumbo jumbo.>>540312129Yeah probably the best move I just worry he'll die when I'm like 3 payments out from being paid off and his kids will try and serbian jew double bluff me take it somehow.
>>540312307Immigration has gone down but we’re not largely making new homes. New homes would rape people currently in one or, at the extreme, create Chinese ghost cities. I don’t realistically see the real estate market crashing unless people are defaulting on mortgages (they aren’t)
>>540311377It's an unavoidable fact of the fractional reserve fiat money system, yes.
>>540312000>We're in the age of remote workWe are in the age of rto and ai layoffs
>>540311655>built in 1905
>>540312461Yea, that means it's better than anything built post 2008 retard.
>>540305818Not-to-Worry...Boat-Load-O-Niggers should solve-it?All those Doctors Lawyers Engineers?https://youtu.be/TuduEPqki0c?list=TLPQMDUwODIwMjbIkY5fnrRVtA&t=103
we have no lawful moneygive noticerecord deeddischarge debt via (((judge presiding)))>lol
>>540308984the average is not a useful metric when variance is so high. one city's median home price might double another city's median home price. one neighborhood might be filled with million dollar estates while another neighborhood a mile away is a trailer park. even zip code is not that great. some streets are brand new housing backed up to 60 year old homes.
>>540310799Wasn't that estimate #2 or #3? Or were all the 2-4 day ones from Vance or Heggseth?
>>540305818
>>540309586>Thinks we don't know about the practice of shadow bankingI predict within the next 10 years you vill own nothing and you vill be hunted.
>>540305818All the evidence is that the state will destroy its currency and plunge its inhabitants into slavery if that is what is required to prop the housing market up.A housing crash of say 10% is theoretically possible but you'll be eating grass and drinking pond water by that point.
>>540307876Likewise. 2.84%, $1170/mo. House is "appraised" at over twice what I paid. Pretty sure it won't sell there. I'll end up fucking dying here, because.
>>540312516property-developers and real-estate corps buy all the houses.> niggers bought all the houses
>>540312352the US may be able to print excessive amounts of money and be "okay". but most other countries cannot, like Japan as I mentioned. and the moment they jack up the interest rate to try and combat inflation (as a function of reducing the money supply) they will trigger a international crisis. assuming that Japan doesn't sell off their US bonds first in a bid to detach themselves from the USD. my point is that this is a bigger problem then just the US real estate or the US as a whole
>>540309215Thinking boomers bought all the houses in the past 10 years. Immigrants, you fool. Illegal spics, jeets and niggers...and your tax dollars helped finance their purchases while you rent a refrigerator box under a fucking bridge.
>>540308388
>>540305818As a child of the recession I spent all of the 2010s waiting for "the collapse" that never came. Don't be like me, I should have bought in 2017 not 2023 (still lucked out just not as much as precovid niggers did)
>>540312672Our bodies are strategic national assets defined by law, not sovereign property of ourselves. Live wherever you can, buy whatever they offer--you will be used as a node on their linked as one datacenters and mined for all the biocensor and agentic simulation training data you're worth. This "debate" is therefore pointless.
>>540312672>prop the housing market up.- iirc japan or fareast countries where 'floorspace is a premium': have 80year mortgages!- and they want to do that in the west: (starting with 50 year mortgages)
>>540312832>a government program to help illegals buy housesSurely conservatives aren't this retarded. Care to name the program?
>>540306999Calm down Wolf
>>540312177Certain counties and I think even the entire state of CA are trying to make it illegal to build new sfrs. Some anon on here said that Portland did this quite a few years ago, and all the boomers and jews supported it because it instantly spiked their net worth. You can renovate but you can't build any new homes that don't have adjoining walls. So some sfr in Portland is insanely priced even if it's trash because you can't ever obtain a permit to build a new one.Even for 4-plexes and condos certain cities require the developer to sell/rent a certain percentage to poor minorities at a discount (who also get rent assistance). Like two years ago someone here from Hawaii said like nearly 1/5th of his neighbors in his new condo complex he was paying out the nose for were just nigs smocking crack being shipped in from other states. Young Whites aren't ever going to be able to benefit from any housing readjustments; if values ever do noticeably go down The Bank of Bergsteinwitz and others will just stop giving loans to Whites (unless it's a boomer just wanting to rent it out).
>>540313578
>>540305818>2026 housing crashCope
>>540311523>>540311769>n-no dont revitalize a community>y-you must keep bwing priced out of the community you currently reside in>while watching it unravel>completely helpless>k-keep paying taxes where you are at>keep funding the rot where you are!Fucking faggotsAnons if buying a house is keeping you from starting a family, go to where the cheap houses are and figure it out. Dont let fear of housing and fear of scarcity stop you from raising a family. God provides. Christ is King.
>>540310536that's not the same as a bad housing market. sellers often price their homes outside market value hoping to find the right buyer. watch a market over time and you can usually pick out the deals/market priced/over-priced homes.
>>540305971My bad, I wholeheartedly believed that there was no fucking way the powers that be(whether Congress, CIA, Supreme Court) would allow this to stand, let alone the people of the US, and the world. I thought presidents were effectively figureheads over a ruling body, mostly symbolic, but I didn’t take in to account just how badly Obama fucked us all by establishing executive order diplomacy as the new standard policy. I was naive in 2016, in my early 20s. My bad, I was wrong. I apologize.
I have 70k saved up and live in MA. Is this enough, or should I wait till boomers all die off in the next twenty years?
>>540314446I also live in MA, the answer is no, that’s not enough. But, if you have family that owns land, you can now legally drop a used single wide trailer on it as an ADU, or even a nice shed if you’re willing to cabin-life it. You can find trailers for free, as they cost about $10K to move, and you’ll have to put new tires on it, plus having a pad foundation and toe-down stakes put in, hooking up to the current septic/sewer and getting the electric hooked up. It can be done within your range. There are a few non-age restricted mobile home parks left in the state as well, with that kind of money you can definitely get in, or if you’re willing to move to RI, I’ve seen a few crapshacks available in that price range, still technically liveable but definitely in need of TLC.
>>540306271sellers can hold a lot longer, making vast sums on rentseriously, are you this retarded?
>>540314917*tie-down stakesHere bro, I got youhttps://www.zillow.com/homedetails/17-Como-St-Providence-RI-02904/98851994_zpid/ You’re welcome, I expect to be invited to the housewarming party, I’ll bring my famous Mac and cheese or chocolate mousse. Maybe both, even.
>>540305930Prices are already coming down in areas near me.
>>540305818-Said the landlord
>>540307163Same. I have a house. I don’t give a fuck if it’s only worth ten dollars. The point of a house is to live in.
>>540315166Actually this is a way better deal, I’m sure you can get financing for the rest, or offer them a cash price.https://www.zillow.com/homedetails/11-East-Dr-Rumford-RI-02916/65805154_zpid/
>>540307701I don’t think they are wrong that prices will fall, but I do not think it will be a 2008 style crash. “Crash” is a relative term. Who gives a fuck if prices drop 10% when they went up 100% over the past 4 years lmao. I used to own and cashed the fuck out during that Covid boom. Still choosing to rent because I don’t want to be tied to one market with how weird people are and how often shit changes. As an example, the area I owned in when I bought it was a quaint suburb, picture perfect Americana. By the time I sold (about 10 years after I bought) like 3/4 of the houses had BLM signs in the front yard.
>>540311514The irony of that statement. Fixing a “free market” in favor of people in vested makes it not such a free market afterall. A true free market is unaltered unfixed, and unmanipulated. What we have now is just communism for rich people.
>>540305818We have said this for a decade. It never crashes. Boomers refuse to sell and nothing gets built. In the 2040s when most boomers have dopped then you’ll see prices go down
>>540315285This is the only other actual structure for sale under $100K in the area. Definitely a fixer upper.https://www.zillow.com/homedetails/264-Aylsworth-Ave-Woonsocket-RI-02895/65928387_zpid/
>>540308819So the “muh property tax” point is real and not even the biggest one. Of course these increase, but people never factor their interest dollars in what they paid for the house, nor do they consider the maintenance or upkeep.Many also assume if they sold they would get top dollar. That requires having a top tier home, aka you have to spend on new floors, new bathrooms, an updated kitchen, etc.I don’t care if people want to buy a home and have their mind set on it. My main issue is when people see their primary residence as a wealth building tool because it is not when you truly factor in the total cost of ownership.
>>540315448Shit, my bad, there’s actually 3 in your price range in Burrilville right now, better act fast manhttps://www.zillow.com/homedetails/77-Hillside-Dr-Burrillville-RI-02839/80211330_zpid/Why am I telling you this, fuck it, I’m going to go buy one of these at this price
>>540315567I’ll be here, you can have the $69K or 65K unithttps://www.zillow.com/homedetails/53-Maplewood-Dr-Burrillville-RI-02839/80211191_zpid/See you soon neighbor
>>540305818>PHD IN SPREADING NONSENSE IN CAPS
>>540305818Crisis>I know what i got. >So does every other boomer.>Boomer group owns everything.>Would rather not sell and lose the maintenance money/prop tax than lease out.>Just sit on the property for another 10 years. Wait and see.
>>540306271HODL is the meme phrase you are looking for, my dear mutt
>>540306579>Austin home prices being butcheredMaybe I should go home after all
Reddit was telling not to buy during Covid. Thank God I did buy and now have that 2.8% rate locked in.
>>540310521Everytime their predictions don't come true, it because "artificially inflated" or "manipulation", or my favorite, "just around you! It did collapse and they are just lying about the numbers"
>>540315448That has to be a tax thing. I refuse to believe someone is smoking enough crack to sell a shed on 871 sq ft without street access for 75k.
>>540306607But /pol/ told me everyone was fleeing New York because of socialism
>>540305818Home prices are never going down. Soon we will see single family homes that used to cost $60k in the 80s now go for $1M on the market.. It's going to suck so bad.
>>540316058Guess again
>>540311655>nestled in the heart oftranslation: Inner City
>>540305818I think this is gaslighting.I'll show you why...
>>540306271hodlers going to just lose more at least here as finns are dying of old age and jewish imports are poor as fuck
>>540308169Closed last September. Good luck broham
>>540316898all these different accounts showing the same basic data
>>540316991all these accounts have the same chart and recite the same talking points
>>540316463>kokomo IN>inner city Lmao. That boomer term is 40 years outdated and just makes you look like a fearful retard
>>540308480>my money will suddenly be more valuable overnight! think of the bargainsboomer cope
>>540305818Yes goy that is a great idea, just rent.
>>540305818There is no bubble this time. In 2006 prices were being driven up by lax lending standards and the government forcing banks to give loans to niggers who couldn't afford to buy. Now prices are high because of high demand and low supply. These prices are organic and there is no reason to think they will suddenly crash.
>>540305930>neverThis is the most bearish signal possible.
>>540317789>90% of homes owned by boomers>in 20 years there will be no boomersSeems like a lot of homes are going to be going on the market soon.
>>540305818Good, maybe my outrageous property taxes will go down. I'm sure they somehow won't though. Why do I have to wait 30 fucking seconds after I solve the CAPTCHA? This has been going on for a week and I'm sick of it.
>>5403058182 more weeks until the collapse
>>540309215Almost everything has doubled in price. Kikes pumping in illegals did that. Boomers just voted for it.
>>540310521There's tgree kinds of financial advice. There's the kind of financial advice insiders pass around between each other. There's the kind of financial advise big banks give to their big clients. And then there's the kind if financial advice that's given to the rest, which is intended to be just helpful enough to keep their services in demand while creating the conditions for the insiders, big banks, and big clients to massively profit from. This is the latter. >SELL NOW THIS IS THE TOPis probably partially true. There's probably a correction coming, but that will look more like stagnation in a lot of places and more like deflation in covid boom towns. In truth, they just want to get boomers out of their paid off and low interest mortgages because stock is low, they aren't making any money on their effectively negative interest rates or paid off hones, and they want that money in the markets. The degree to which they're able to convince them of their narrative will help to determine the impact of the "crash"/correction.
>>540318180The banks have them tied up in reverse mortgages and will not sell them to (you)
>>540318192>So goys, we mean guys, property assessments will be post-poned until market stabilize>5 years later>The market is still quite volatile, but we'll freeze property taxes based on the last assessment until your house regain its true value
>>540319208This guy owns property
>>540316344After a brief assessment of the town, It's either a tax thing, or someone was told to sell it, and doesn't want to sell it. Similar lots have been sold in the area for 5-10k, and a full lot in the area. Cleared lots with street access are being sold for 27$ a sqft. The average for homes in the area is 430k
>>540305818>don't buy now>wait for market crash>billionaires buy up all the homes because they don't need financing and can buy same day, cash in hand, 50% above asking>millennials, alphas, zoomers who held off on buying this year, now have to wait another decade before the billionaires investments have matured and they finally sell of their crash homes Today is always the best day to buy a home, refinance tomorrow.
>>540311377>So it's a cycle, natural, like the moon, right?essentially, yes. Crashes are literally baked into our global economic model. It is a giant pyramid scheme of infinite growth required to service underlying infinite debt accumulation. Not only is it mean to crash every 10-20 years, it is meant to break forever at some point.
>>540319659You expect an opportunity to refinance in the next 10 years?
>>540319691Trvth nvkeAll US currency printed since 1971 has been printed by the federal reserve (who can print as much as they want) and loaned to the US at interest.This was only 'sustainable' as long as the total interest obligation never surpassed the quantity of existing United States notes.That line was crossed decades ago.
>>540305818The situation is fucked. Its monpolized by Blackrock+3 other companies that all own each other. Boomers are dying off and nobody but Blackrock can afford their overpriced homes or money laundering. Mass immigration to forcefully raise demand...but they also stopped breeding. Finally you have commercial real estate being converted into housing due to work from home and too many losses from regular riots of fiery but peaceful protesting and looting. Realistically Blackrock moved into Real Estate to forcefully suppress another real estate crash for their genocidal depopulation agendas while converting properties into shitstack housing units.
>>540316245People don't realize that we're heading into hyperinflation in 10 - 20 years. Get your assets while your money buys something.Central banks are propping up a house of cards, and the only way out is to INFLATE.
>>540305818If the swedish housing market implodes its going to take the financial and political system with it because unlike america, there is no such thing as personal bankruptcy here. You become a debt peon for the rest of your life, legally and with the governments assistance, and you will never own anything before you are debt free. Considering how haughty, stupid and ignorant an average swedish male is, its the absolutely best that could happen in terms of personal developement. And the best is that it will get the boomers too because the american practice of reverse mortgages has been imported here.
>>540319952Rates are never coming back down.America's fiscal dominance peaked in 2020. The trend is now high inflation and high interest rates as confidence in US debt drops. Rates and inflation will continue to rise.
>>540305818He's off by roughly one year.
Two more weeks!>Source: Some random nobody on twitter.
>>540320557Not likely. big gay Bessent is setting up the greatest market rugpull in all of history and everyone will clap
>>540313214>- iirc japan or fareast countries where 'floorspace is a premium': have 80year mortgages!>- and they want to do that in the west: (starting with 50 year mortgages)Sweden has infinity mortages as long as you pay down to 85% of market value of your house.
>>540305930There are two nice houses near me that have been on the market for two and three months. I watched them get fixed up, I've counted the weeks the signs are up, and I've seen no cars there during open houses. These are good looking homes in a nice neighborhood. Maybe there will be a crash.
>>540306271It's just ranging. Once everyone realizes again that we're living in a fake and gay world of fake and gay numbers, they'll hold, shit will moon again, and we'll look a little more like Brazil at the end of the day.
>>540320861That’s what I’m figuring too. Glad I over leveraged and bought a 1.6M home a few years ago and it’s worth 2.5M now. But it would be nice to refinance from 5%
>>540315399>We have said this for a decade. It never crashes. Boomers refuse to sell and nothing gets built. In the 2040s when most boomers have dopped then you’ll see prices go downIts gonna happen over the next 6 months, gradually. And it will become much worse if the Iran war goes hot with a ground invasion. If there is peace in Ukraine, invasion Iran will happen. The economic consequences in Sweden will be catastrophic for the vast majority of swedes. It will be tragic for them but also hilarious as they really are in need of a massive reality check to cure their haughtyness, ignorance and willfull stupidity. For you non swedes, the american boomer disease of "well thats too bad and all but I dont give a fuck because I gots mine muddafukka" is universal across all age groups here. All swedes are leveraged up over their ears with cheap debt. The house/apartment, the car, the jetski, the summer cottage, whatever. I really want to see what these people say when they dont have shit anymore and wont have any shit at all in the future because they are $50-100K negative net worth with 25% annual interest rate + penalties + interest on penalty fees. An average swede makes 30-36K per year after taxes. You cant escape debt collectors here as debt collection is done by the government taxman on behalf of private companies.
>>540305818>wecan you tell me who we is brother? come on, we know who makes up the majority of US homeowners. is this not music to peoples ears?
>>540305818i just finally bought 6 months ago because my wife found something nice here in Hawaii across the road from the beach with a big yard and space for my boat. i got it for under 700k and thats a fuckin steal out here. but it would be nice to refinance. the place had 4 other solid offers but they went with us because i was able to put $120k down. I cannot see prices changing much out here, unfortunately.
>>540305818The whole ass global economy going to crash this is a fact, the question how long we are willing procrastinate it. Market crashes are designed to collapse capitalist nations for this and it's contrast ideology is nothing but a ploy to sell to the goys to bring ruin upon themselves so the jews can take control.
>>540306316Followed by the next kike golem, because you will still have done nothing with your guns.
>>540315166That's a relatively cheap lot in the burbs. In the NY suburbs I've seen vacant lots roughly twice that size sell for $300K + in meh locations.
>>540305818just sold my house, 300% market value. you're welcome.
>Ai bubble simultaneously made some rich while causing layoffs>those who timed their bets and profited could buy a house if they wanted to>those who "started Ai-powered companies" or work for one, could also afford a house>what you hear most often are complaints from complainers who spend their free time online complaining>if you bought a house it might also need repairs, or be near a bad neighbor>browse "we bought an abandoned house to repair" vids on youtube and you will see the husband give off "i'm tired of this shit" cuck energy>renting also stinks due to it feeling like a waste (not building equity), or being in a cramped space>true smart chads and stacies have been vanlifing this entire time
>>540305818peak to trough is 7 years2006-2012but it won't return to pre-chink flu or even pre-y2k
>>540323052>Stacy>Living in a van with a replica sword on the wallThat's not a Stacy. A Stacy would never put up with living in a van because she knows she deserves better and men should be paying her millions to live in a mansion with them.Women living in vans are just loser women who get a pussy pass. If that woman were a man he'd be seen as an incel.
>>540306607from January 2000 to July 2006, starting with Bush NWO leader's Housing Bubble, home prices surged 900%Avg price of house around 1998 before globalisation and free-trade went full swing>$180k in NYC (boros)>$150k in Bay Area>$150k in LA>$120k in DC>$140k in Sydney>$120k in Melbourne>$140k in Toronto>$190k in Vancouver>£70k in LondonAvg price of house after 2004 massive free-trade/open-borders>$800k in NYC (boros)>$1m in Bay Area>$600k in LA>$500k in DC>$900k in Sydney>$700k in Melbourne>$600k in Toronto>$1m in Vancouver>£400k in London---------------------------------------------------------before free trade:>domestic production of goods>goods were affordable and of high quality>lowest cost of living>affordable housing (house costs only 2 times the annual salary)>90% whiteafter free trade:>homeless/opiod/suicide epidemic/white genocide>unemployment>highest cost of living>unaffordable housing (10-20 times the annual salary)>plummeting life expectance>shit quality products that kill you>millions of illegal shitskin locusts invading and killing whites
>>540306859fbi appoves this boast
>>540305818>Just wait for the crash in 2016 bro>Just wait for the crash in 2017 bro>Just wait for the crash in 2018 bro>...>Just wait for the crash in 2026 bro>Just wait for the crash in 2027 bro>...Even if the "big crash" happened, it would merely be the boomer's Florida property going from $5m to $3m. Your local podunk market will still be fucked. Maybe you should have just been smart enough to buy bitcoin.
Property in my country is fucked. Most of my generation are considering leaving to Australia or Canada, but they are marginally better if it all. I dream of a crash, as do many, but after hearing doomsday prophecies for years and years I seriously doubt it will happen. Money printer has been brrring so long, you need to look at real estate vs gold to see a true value not obfuscated by currency debasement
High prices does not mean a crash is coming. Prices can, and have, gone much much higher in other countries. Canada, the UK, Australia, New Zealand all had much, much higher property costs relative to earnings than the US has now. Some of those have come down from their highs -- but those highs were substantially higher than the US is right now.It's going to get worse before it gets better. As a country we need to decide that land is not an investment. Until that changes, this will continue to hollow out our economy, just like it has elsewhere.
>>540306010Yeah, man. If you come to me hoping to buy my pad with a purse full of random metal, I'm going to call the police and have you trespassed and hauled away.
>>540326356The best advice I can give to eager buyers is go to markets where indian H1B's were prevalent. Since that system has been curtailed, housing prices in markets like Denver and Dallas are down at least 10% yoy.
>>540305818BUY LOW!
>>540305818When are the deportations starting?
>>540326547I did. I paid cash in 2020 for my house. $260k. It just appraised for $400k.
>>540305818lol were fucked after it. an unlimited number of shit colored will be trying to buy 1 house. shoot them.
>>540326356This is my point of view, and I've been saying it for a while. If you don't 'borrow' at as low of an interest rate as possible, you're retarded. You automatically gain interest as soon as rates return to the mean. Higher rates equals cheaper dollar, thus higher paper value of the asset. You make money on both sides of the trade and can borrow against it to invest in other things, or just cash out and move to a cheaper location.
>>540326534Yes, that actually is good advice right now.Housing prices are going to remain relatively flat, maybe with a slight downward trend, over the next coming years as the AI bubble slowly unwinds. This is what normally happens to the housing market during periods of economic distress. But that doesn't mean the beast has been slain. Once things return back to normal growth, the housing market will go back to growing. As a country we have too many policies directly created for the sole purpose of propping up the housing market. Until those policies are defeated and new ones which treat housing as something which serves its populace and not an investment to invest in we're going to just see the cycle repeat.
>>540319054The liability of holding that volume won't work with their maximized profit model. These places will need constant upkeep to avoid code violations.
>>540326468
>>540327305This isn't bait. Real people want real money for the real estate. Not some weird anarchists idea of value or a good deal. Don't get me wrong, I'm all about diversifying. But you fucking retards are all hoping for a collapse that will never come. I'm really only worried about how you're going to lash out when the world doesn't follow through with your bullshit predictions.
>>540307876>>540312715lol poorfags. I'm at $950/m at 1.14% in a white neighborhood so I can leave my doors unlocked and my kids can play.
>>540305818First of all, that's fake data. Housing is almost 2x more expensive now than at the 2007/2008 peak, not a mere 50% more as that chart suggests. There is no indication that the market is going to crash. Prices barely went down when the Fed raised interest rates. You'd normally expect this because higher rates = lower closing price that a buyer can afford to get the same mortgage payment. But people are sitting on their low interest pre-covid mortgages and not selling out of those unless absolutely forced to so inventory is still lower than pre-COVID six years ago.If interest rates drop this will unlock the inventory of people trying to upgrade their homes but these people will always be looking to buy another house so basically twice the competition for every house on the market. And at the same time everyone will be able to bid higher for the same total payment. So if rates go down substantially we can expect prices to shoot up. There is no indication that rates are going to change one way or another though.And there is no systemic speculative bubble like we had in 2008 right now. In fact the opposite with the market heavily suppressed by people sitting on low interest mortgages. And yet prices have still been climbing steadily. There is zero indication that housing prices are going to drop in 2026 or beyond.
>>540328044This is correct, if you adjust for inflation the houses in 2008 look like much more of a spike than now, which follows a slow normal curve. Housing isn’t about to crash. And population is increasing much faster than we build housing units. So expect it to continue for a bit.
>>540313274I enjoyed your smugness so I will answer your question. Under the Biden administration when they gave all the illegals, I'm sorry, asylum seekers work permits it allowed them to access federally backed FHA loans. So you kinda subsidized pricing yourself out of a home. Kinda funny when you think about it.
>>540309106I have a 3.5% interest rate mortgage. My high interest rate savings account is 3.65%. Any extra dollar I put into my house is retarded as I could get a better return putting it in the bank, much less investing it. If you you are so risk adverse you're trying to pay down a low interest rate mortgage you're better off saving up and buying a house outright. Mortgages are a great way to both get housing and accrue wealth, so if you're min/maxxing you should take advantage of them.
>>540307163They havent been letting people do reverse mortgsges since covid. They wouldnt even let me do it to fix my roof and sell my house so i had to use 15k in cash to get it done. Fucking faggots.I actuslly ended up saving 10k finding some mexican for cheap. My house was on market for like 30 days, back when nothing was staying on market.That shit scared me more than anything. Clearly the housing system has no fucking cash at all. I took my 300k in equity and fucked off to rent in FLGoodluck owning shit when it collapses
>>540317156Sloppy job, Eglin.
>>540305818when they inevitably have to raise interest rates we will see a price drop
>>540306298>>540306429It's worse than you think. 2008 bailed out the landlords, and they have diamond hands (or what they call "golden handcuffs").Foreclosure (aka getting margin called) is the only way to shake the diamond hands.Since they are bailed out, you might see a minor housing valuation correction, but nothing major.Furthermore, many landlords locked in ZIRP level interest rates. They profit the spread between Government Bonds because their locked-in mortgage is lower than the Government's interest rate.In other words, the National Debt pays their housing.>>540312177What's actually going to happen is their heirs (the non-retarded families) will outbid the normiecattle and monopolize housing into fiefdoms for their clans.
current case shiller seasonally adjusted
>>540307701>Weird how prices for literally everything else just constantly go down all the timeabout that...
>>540322087sameeveryone told me not to be "house poor" but im so happy that i went 45% DTI in 2021 when rates were 2.5%
>>540305930That's why he didn't sign the black rock thing.
>>540331781that lil bump is the 2008 crisiswhats that big bump on the right gon do
>>540305818Fuck off, schlomo.
>>540305818>prices are coming down>just wait
>>540309699The insanely high prices of 2021-2022 are now absurdly low.
>>540305818Prices in Canada in some of the more expensive places dropped quite a bit in the last 3 years. I know a few places in Ont where the prices have dropped 30-40%.
>>540309215You should be blaming your pet illegals instead.
>>540311655That's was a $50,000 house in the 10s
