US Home Sellers now outnumber Buyers by 630,000, the largest gap ever recorded bring a trillion indians immediately
>>540640681it will only get much worse as boomers are trying to cash out on what they considered to be an investment, only to find out that the only ones even buying are Blackrock & Co, and they will pay them a tiny fraction of what the boomer thought his deteriorating shithole was worth.
>>540640681Actually deport all indians immediately.
>>540640681there could be infinite sellers and one buyerboomers will never lower prices one cent
Quick let's become India to save the economy
>>540640681In my town outside of Detroit, the average time on the market for a single family house is seven days, so this is all very location dependent. People are willing to pay over half a million for a quarter acre ready to build lot with nothing on it. Completely crazy.
>>540640681>C A S H N A D O A L E R T
>>540640681They gotta get theirs so they can say fuck you, got mine
>>540642047indians keep the cashnado alerts going...
>>540642096>B U L L R U NNNN
>>540642047>>540642031>>540641951>>540641483Actual Indian here. Stop with the panic and hyperbole. You're not going to become India. America will continue to prosper and rise. Just be steady, stable, and calm. A unipolar world with one strong American lion of the jungle to keep everyone in check, is good for this world. Multipolar world is bad, and causes world wars. Keep in mind, there are many nations and blocs who seek your downfall- like islamic rat nations, China, etc.A small minority of Indians (like me, who are Western oriented) support you. Don't punish the rest of my idiotic countrymen for their stupid views on America (i.e. America home of racist white man, etc.)
>>540641483No, a main contributing factor there are so many home sellers is because US recently banned institutional hoarding of housing, so Blackrock & Co are scrambling to get their supply of houses off their books to avoid running afoul of the law.
>>540640681biggest problem is Real Estate listing agents do such a shitty job.I've talked to 10 agents and not one has ever heard of UAD 3.6.Called about a mobile home that has fallen out of Pending 2x in 3 months. Reason is they can't find the FHA vin tag.In other words the Agent is playing dumb and letting suckers pay for Inspections and Appraisals knowing it will fail due to lack of FHA tag. Meanwhile it costs the seller money as price keeps dropping.Be like if a used car dealer didn't know what a car's VIN # was.
>>540642031They know what they got.
>>540642096>cashnadoAs good as the meme is, I found it even funnier that they aren't even doing it right. Apparently the "cashnado alert" is merely telling them that for a short time if they keep playing they *might* get a cashnado bonus if they do some shit. So they're supposed to actually keep playing like normal except to *also* activate the bonus if they get it.Those people all have rotted brains
>>540640681Commercial real estate is the play. Even empty tenantless factory buildings are safer investments than buying homes. My broker told me that he’s selling more commercial properties to foreign buyers who want some safe place to park their money until trumps wartime recession is over.
>>540642108Look buckaroo, they got theirs and they know what they got.
>>540642206Why not? They cause active harm. Also you live in Canada.
>>540642031they need to pay for their $10,000 monthly elderly care where they get beaten by Jamal, so they need the cash
>>540642067the houses are worth nothing, it's just about the location, schools and being away from nogs, that costs top dollar
>>540642031This. Fuck em
>>540643257>durr da howzez ain't worf nuffin becuz dey has a ton of valyou
>>540642206Jeets are weird man.They’re the physically weakest race, the least desirable race, the smelliest race, they’re desperate to flee their shithole homeland and live with others, every race has a negative opinion of them, they were taken over by the British despite outnumbering them 30 million to 1, any industry they’re injected into crumbles,AND YETDespite all this they’re CONSTANTLY clamoring on about being superior, how they’re taking over, how nobody can compete with them, they just can’t seem to let it go.It’s just so strange to see from a non jeet perspective.A race of people so pathetic and inferior yet always trying to claim superiority, always bragging about their supposed success, always lecturing others on how they’re taking over their countries despite them being desperate to flee their home country and live with other races to begin with.What causes such a complex of superiority and ingratitude?
>>540642248This isn’t true at all, because they used shell companies to begin with. Each shell company owns a few rental properties so they appear to all be small businesses.
>>540642031there's a boomer listed house near me that listed his house for double the zestimate value. I think because there are a bunch of expensive mansions nearby and he thinks of himself as one of those. he's had it listed almost a year now. he never lowered the price even once. I checked again today and he actually increased the listing price.I know it's a boomer because I walk past sometimes and he's always out on his lawn glaring at everybody.
>>540640681giwtwm
>>540646589No, a shell company is still contracting with the institution and can't invest in residential homes, the law prohibits not only the investment institution from owning it or contracting out ownership, if a business is run or managed or has general partnership with a large investment corporation, it either has to divest from homes, manage them directly, or divest from the institutional investment firm to avoid legal penalties.
>>540641483dumb shits think green line go up by the invisible hand and dont care that its the invisible hand of the central bank with money printer go brrr
>>540640681We need the government to step in and force banks to give out high risk loans to illegals so they can buy the boomer homes AT OR ABOVE the price the boomer sets.
