Will housing prices ever go down?
| Apoplectic passionate internal respiration | 05/13/24 | | excitant violent incel | 05/13/24 | | Cracking violent cuckold shrine | 05/13/24 | | Cerise headpube | 05/13/24 | | Insecure police squad cumskin | 05/13/24 | | Fragrant ceo volcanic crater | 05/13/24 | | Amethyst floppy stag film mad cow disease | 05/13/24 | | Fragrant ceo volcanic crater | 05/13/24 | | orchid tank dopamine | 05/13/24 | | Fragrant ceo volcanic crater | 05/13/24 | | Henna Godawful Keepsake Machete | 05/13/24 | | Maize galvanic personal credit line meetinghouse | 05/13/24 | | multi-colored startled roommate piazza | 05/13/24 | | Razzle buck-toothed round eye bbw | 05/13/24 | | Maize galvanic personal credit line meetinghouse | 05/13/24 | | Blue wagecucks mother | 05/13/24 | | Insecure police squad cumskin | 05/13/24 | | Blue wagecucks mother | 05/13/24 | | Razzle buck-toothed round eye bbw | 05/13/24 | | Blue wagecucks mother | 05/13/24 | | burgundy school | 05/13/24 | | bull headed hissy fit | 05/13/24 | | Ruby razzmatazz lay | 05/13/24 | | crystalline painfully honest stage | 05/13/24 | | Blue wagecucks mother | 05/13/24 | | crystalline painfully honest stage | 05/13/24 | | stirring rusted orchestra pit sound barrier | 05/13/24 | | sienna hot puppy | 05/13/24 | | crystalline painfully honest stage | 05/13/24 | | sienna hot puppy | 05/13/24 | | Henna Godawful Keepsake Machete | 05/13/24 | | Exciting garrison nowag | 05/13/24 | | bull headed hissy fit | 05/13/24 | | Insecure police squad cumskin | 05/13/24 | | Cerise headpube | 05/13/24 | | Hideous pungent liquid oxygen | 05/13/24 | | Canary Resort Clown | 05/13/24 | | Exciting garrison nowag | 05/13/24 | | tripping giraffe heaven | 05/15/24 | | motley native | 05/13/24 | | vigorous mischievous ape codepig | 05/13/24 | | Frozen Business Firm | 05/13/24 | | Razzle buck-toothed round eye bbw | 05/13/24 | | demanding jet-lagged indian lodge depressive | 05/13/24 | | Fluffy Supple Kitchen | 05/13/24 | | Comical Step-uncle's House Boistinker | 05/13/24 | | sable cruise ship | 05/13/24 | | histrionic doctorate fat ankles | 05/13/24 | | Electric arrogant plaza | 05/14/24 | | histrionic doctorate fat ankles | 05/14/24 |
Poast new message in this thread
Date: May 13th, 2024 9:59 AM Author: Fragrant ceo volcanic crater
It's a new paradigm, and everybody who doesn't buy, now, will be priced out forever. Anybody who does buy will be rewarded with a lifetime of riches, as their property will continue its 30% yearly price increase.
Renters, and anybody born in a future generation, will not be able to afford a $15,000,000 starter home in 15 years. They will live in tent cities, and Hondas.
This asset bubble is different than all of the others - it will never slow down, or pop. The gains are permanent.
(http://www.autoadmit.com/thread.php?thread_id=5528028&forum_id=2Reputation#47657419) |
Date: May 13th, 2024 10:16 AM Author: Ruby razzmatazz lay
The plummeting TFR rate, more construction and rezoning for higher density, and the dwindling savings of many Americans says yes.
What says no is:
The plummeting marriage rate means more housing necessary because two people who would have been a couple in previous generations and live in the same place now require two housing units
America is open to large scale immigration
Inflation may be permanent as long as gov uses the money printer to avoid recession. I expect this to increase to inflate away debt as well.
(http://www.autoadmit.com/thread.php?thread_id=5528028&forum_id=2Reputation#47657462)
|
Date: May 13th, 2024 10:17 AM Author: crystalline painfully honest stage
what would even plausibly cause this? in other words, imagine a cnn article lede: "housing prices dropped for the third straight month today as _______"
what is in the _____
(http://www.autoadmit.com/thread.php?thread_id=5528028&forum_id=2Reputation#47657465) |
Date: May 13th, 2024 10:26 AM Author: Exciting garrison nowag
Look at California.
Temporary drops, sure. Long run, no. All reasons given on here.
Areas with strong schools will always perform well.
(http://www.autoadmit.com/thread.php?thread_id=5528028&forum_id=2Reputation#47657486) |
Date: May 13th, 2024 11:25 PM Author: histrionic doctorate fat ankles
Another factor to consider is we're quickly approaching a time where the elderly are rich as fuck and don't have that many kids. There are going to be A LOT of people inheriting $500,000 to $5 million in the coming years.
Supply is going to stay low because so many people are locked into their interest rates and won't sell.
So if you're bidding on houses, there's a decent chance there's going to be another bidder whose boomer parents just died and left them $750,000 in cash (because they were a nurse but they bought a house in California for $20,000 and they invested in a 401k that had 10% gains for 40+ years).
(http://www.autoadmit.com/thread.php?thread_id=5528028&forum_id=2Reputation#47659613) |
|
Date: May 14th, 2024 10:38 PM Author: histrionic doctorate fat ankles
I think your own logic sort of defeats this.
By your own account, about half of boomers have $500,000 right now. Factor in that half of the country are poormos who are not in the real estate market at all.
If you're in the middle class, there's a good chance a decent chunk of money is coming your way. If you're in the upper middle class, there's a good chance a sizeable amount of money is coming your ways.
Who do you think you're competing with when you're trying to a buy a house?
(http://www.autoadmit.com/thread.php?thread_id=5528028&forum_id=2Reputation#47662349) |
|
|