>in modern times, the US has never gone more than a decade between recessions
>The US exited its last recession on June 30, 2009
>have just over $100k saved up and a stable job in the medical field
Should I buy a home now or wait until the next recession to buy a home once the market declines? Home prices are a bit ridiculous right now
reasoning behind buying a home instead of a passive income asset?
>the next recession
Nice millennial meme. Friendly reminder that juist because its been a certain amount of time doesnt mean the world is about to end
recessions cancelled until 2032
>Home prices are ridiculous now
>When should I buy...Now or later?
buy now, your gain won't be that much with inflation if the crash takes a few years. I see it as Trump getting re elected, and fucking up sometime due to his temper and over confidence as it's bound to happen and that will cause the recession. If you buy now you can also enjoy it immediatly and even if you can't pay it fully, your job will tend to pay more over time and since it's stable, you should have no problem if paying for it is a small part of your wage. This is important as you wanna be prepared in case a crash does happen, if you take a long make it at most 50% of your paycheck, ideally 30%
Don't try to time the market. Time in the market > timing the market. A recession could easily happen within the next 3-5 years, but it's far from guaranteed. You're losing 2% to inflation ever year. If a recession doesn't happen for the next 5 years it's possible that you'd have missed out on 100%+ gains.
Wait 12-18 months. These Trump tards...
...are completely delusional and will make up any excuse whatsoever for their world view to make sense.
>businessinsider.com
>wsj.com
there's just one guy talking about trump and you're sperging out all over the place
as a yuropoor you liberal burgers sound absolutely psychotic
first year trading buddy?
Are you ok? Most macro hedge funds can't time/beat the market so what makes you think a single person working in the medical field can do it?
Enjoy the recession, Trumptards.
Home prices will never decline meaningfully anywhere within an hour of the oceans ever again. Two hours even. The flood of foreign money coming in will prevent that.
Interest rates will almost definitely never go lower again in your lifetime. Immigration changing demographics will see to that. Brown people love socialism, despite the fact that most of them are fleeing countries that implement it.
The most you are hoping for is to swoop in on foreclosed properties at auction, so if that's your master plan for waiting go for it. But otherwise, with your income, depending on your age and your area code and the stability of your job, there's really no good reason to postpone buying it, and a half dozen reasons to do it now.
Pic related as to why housing prices will never truly go back down any time soon barring a massive change in policies regarding foreign investment and immigration.
> He disagrees with me
> He must be American like me because muh Murica is the only country in the world
> He must be a Trump supporter
> Pic related is you
I'm not American. I live in one of the most liberal countries in the world. Idiots like you are just making your president more popular.
Tell me, what makes you think you can time the markets? You clearly don't have a background in finance. Reading brainlet articles on wsj doesn't make you qualified to evaluate whether asset prices are too high or not.
no. but it'll kick start the first modern famine cycle coupled with global warming in the next 3 years.
>Trump initiates trade war with China
>lets chinks buy the coasts
23d shuffleboard?
The absolute state of Trumptards trying to defend their cult of personality.
>muh tariffs good for economy trump says so
>trump is my hero he would never shill me only jews shill
sniiiiff... huuuum... BRAAAAP
Genius opinions always come from tripfags
Trumps "trade war" is just a way for both countries to raise revenues without raising taxes by the strictest definition of the word.
Trump isn't "letting" chinks spec the real estate market, they've had that right for decades now, they just have created enough millionaires now to exploit those permissive laws. Trump isn't actually a god emperor, he can't just pass a decree banning foreign real estate investment.. Nor would he want to, seeing as his company sells condos to rich foreigners .
dunno why but that picture is scary OP. wtf.