Housing crash when?
I have 250k ready for a house but I can't find anything decent in ATL for under 300K.
Housing crash when?
Lucas Wood
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Thomas Moore
not for awhile, at least not in the US.
Nolan Hill
Within 8 months. Prices won't bottom out for a few years minimum though.
Eli Cooper
Housing crash when roofing bad
Zachary Ortiz
2020 per Ben Berneke. Market is held up by institutional buying as a result of tax breaks coupled with he reintroduction of subprime mortgages. Once investments are reduced we will see significant pullback
Jaxon Walker
2012: "Crash is coming!"
2013: "Crash is coming!"
2014: "Crash is coming!"
2015: "Crash is coming!"
2016: "Crash is coming!"
2017: "Crash is coming!"
2018: "Crash is coming!"
Maybe one day they'll be right. Until then, I'll keep riding this bull.
Parker Nguyen
On a side note I think Australia is heading for a rental crisis sooner than the rest of the world. Huge unreasonable amounts of housing developments in the form of unit blocks that house 100's of people are being built in Sydney over the past two years. These poorly built apartments are sold off the plan years in advance and promise huge rent returns that simply isn't feasible in the long run.
Well within the past three months a lot of these apartments are going vacant with owners slashing rents in hopes of luring some poor sucker in. Our rental websites are beginning to become flooded with these listings. Funny because the bulk of these buildings haven't been completed yet.
In the local shopping centers they are selling 'shares' in apartments "from only $80 a week" to idiots who can't afford a mortgage but want to get in on the $500 a week they promise for this new booming 'luxury living'.
It isn't heavily known that the rents are crashing rapidly as new investors are starting to panic and the mainstream media aren't giving it even the slightest bit of attention.
Mason Gonzalez
when the government stops artificially propping it up with shit like fannie & freddie, zoning bullshit and muh nimby and beach view.
Leo Wood
>Housing crash when?
Its impossible to predict user, so much fraud keeps the fraudulent system workin. I thought 2008 should have been much worse but the reality is ppl don't want to know how it works. The normans simple belief in the system is keeping it running they don't care about the fraud...
The only real answer is when ppl won't buy things as they are to expensive. Just had first round of interest rate hikes supposed end of QE i.e buying stocks to push up the stock market. It all depends on the people buyin the this crap
Justin Miller
Go figure. Most likely it will be a correction not a crash. Prices seem to be hitting their ceiling atm and can slow down or even slightly pull back but i wouldn’t count on any major crash like 2008. We are entering the new age of a few landlords something like pre WWI