money.cnn.com
How do I short the american housing market?
How do I short the american housing market?
James Flores
Jaxson Evans
Become a realtor
Sell houses
Mason Nelson
I wonder how skewed that is. I watch the housing market like crazy for the past 10 years, kind of a lame hobby I have. I've seen in jump in the past year but I think people are thinking it's taking off. If you actually look at the exotic car market, which took off a few years ago and was really over due, it's died down a lot, cars are sitting even with the prices dropping.
There was a few threads on Jow Forums the other day about how the boomers are going to want to cash out of their homes and millennials are not in positions to buy these overpriced homes. Which interested me a lot. It's very true in places like the midwest where they want to cash out the family home and buy a smaller place in Florida. So certain price ranges I think will suffer big time, while condo/townhome markets in florida will not.
I've also seen homes foreclose I belive due to medical expenses. The guy that owned this home was an executive at Anheuser Busch. How the fuck did he lose his money when he paid 500k for the home and was making millions?
estately.com
So I'm curious about the boomers wanting to take money out, and if their medical bills from living longer will catch up with them. It wouldn't surprise me if it's made easy to purchase these 1MM homes to avoid a disaster, and leave the millenials with the overpriced homes in the end.
Jason King
you want to... short the housing market...?
Ethan Morales
Short REITs and mortgage-backed securities
Nut up or shut up pussy, this gravy train still has a way to go
Easton Sullivan
How much is pic related in construction costs?
Elijah Wilson
thats where you're wrong kiddo.
Juan Kelly
About 400k
Mason Russell
The materials themselves? 50-60k
Henry Foster
this, this is no bubble. maybe in some markets it got a little too hot, but it's just a lack of inventory that won't likely be solved any times soon that's driving prices.
Anyway, there's no way to really easily short the housing market. That's part of the problem and why it can get bubbly. there's just no incentive for prices to ever go down.