WHEN THE FUCK IS THE HOUSING MARKET GOING TO CRASH
WHEN THE FUCK IS THE HOUSING MARKET GOING TO CRASH
hopefully not before I make my millions off crypto so I can better diversify
WHEN THE FUCK IS THE POPULATION GOING TO CRASH
as soon as the west runs out of money to fund the population boom in africa/se asia
It won't crash like 08-09 again. It will correct down maybe 20% or so, but that will be about it.
This. The only way I’ll ever get a house is if my boomer parents don’t sell their second one.
This user knows. 20% is the best you can hope for. Don't expect the stock market to ever crash again in a proper sense either. We're literally in uncharted territory now with infinite QE and 0/negative interest rates.
Sorry?
When the boomers finally retire into Senior Living places.
Very soon.
Lmao
This is good for gold and silver. Invest in real assets that aren't part of some shitty credit Ponzi scheme.
Housing markets don't crash. 2008-09 wasn't an anomaly because of the subprime mortgage crisis
I’ve been doing a ton of research over the last month and this user is correct. I was hoping for a big crash, I’m currently stacking money for a down payment. But a housing crash is not coming.
Im thinking like in 30 years when whites become an minority. No ones gpnna wanna live here in america after that
China is taking over Africa for the rocks and sheit
>thinking they’ll get a 20% discount on real estate
Heh, are people dying en masse or something and it’s not on the news?
I hate to break it to you real estate armageddonists but the population is growing and available land is shrinking. Rich people will continue to accumulate because land is power. The next downturn will be in ~10 years and inflation will be insane by then but wages will probably still be fucked.
Real Estate hit peak last month. Now we just hit peak refinance. Next we will have way too many sellers and it will look like the market is booming, but it will stall. Buyers are going to be picky, prices will fall. People who bought will get massive buyers regret.
as soon as the effects of the reccession hit. people loose jobs, cant pay mortage, house is on the market again, banks failing again because they had to lend to every nigger out there in order to stay profitable.
its not the end of the world but things will change dramatically during the 20s. prepare accordingly
I've noticed a lot of people have started selling their second homes, like holidays houses on the coast. They are all still absurdly expensive though.
On the news here in Melbourne the other night they said some real estate institutes are predicting an average price of 6 million per house in the 2040's
>real estate institutes
you dont say
was that Domain shilling some shitty chink apartments? apparently houses are up roughly 0.5% over the last month for both melbourne & sydney and the real estate shills are going into overdrive. its fucked hey
They have basically already built all the freestanding houses they can within a desirable distance of the city though, there is no space left. and apartment living will become highly undesirable with all the brown people in the buildings.
One last dip before we go to the moon desu
Absolute cringe. Median incomes vs median home prices are at all time highs. Housing has a maximum affordability function unlike stocks. In conclusion you’re a mental midget baghilder
Unfortunately this, QE will keep housing prices up
This is good for bitcoin
When people get too greedy and give out subprime mortgages under another name. Or if we have a black plague type of event where droves of the population die, but we'll have bigger problems than the housing market if that happens.
In America? Not for a.long time, in Canada and Australia? It's happening right now...