/biz/ - Business & Finance

real estate crashes every 18 years, so it will only crash again in 2026

>Find an immunelet who owns a home
>Wait for corona virus to kill him
>Move into his house

>>17498028
if its going to be your home for the rest of your life just buy now.

Real estate will never crash in our lifetime

It'll crash looooong after anybody who can afford a house loses their job anyways.

>>17498289
dude it crashed in 09..

>>17498381
imagine not being a 9 year old in the twenty thousandth and twentieth year of our Lord

>>17498289
kike

Baby want milkies

>>17498670
gib milkies

>>17498028
it will pop when climate change, immigration, and boomer hearts stop

>>17498289
This is true. 08 was a once in a lifetime occurrence that had been building up because since WWII houses had gone up faster than incomes, till eventually the avg person couldn't afford the avg house, and the whole system imploded. It'll be awhile before shit gets that out of whack again.

>>17498028
God i love fake boobs

>You will never hear her shit on a toilet while pissing in your mouth

It better not fucking crash I just signed my life away

>>17498289
imagine being this fucking dumb

>>17498028

the biggest problem is saving 20%.
supply is also low.

>>17498826
Prices are proportionally higher than before 2008 because of FHA loans and low interest rates.

Real estate can easily crash again.

>>17498826
House prices are not the source of the problem, thy're a symptom
2008 was crisi of credit and inflated demand

>>17498028
Just bought the dip

>>17498028
The entire housing market is in a bigger bubble than it was in 2007, right before the crash. Via massive money printing via and suppressed interest rates, the housing market, among many other markets is extremely inflated. I'd say they'd stay inflated forever, except we are getting to the point where low interest rates and all the money printing in the world isn't going to save the housing market. Eventually it will crash and when it does home values will drop between 30-50% for most parts of the country. This is how much it would have to drop in order to match home price historical averages compared to inflation.

As for when this will happen, I'm going to say possibly this year, depending on what happens with the market, but if not this year next year. I think that houses will hit their bottom in 2023/2024 and this will be the time to buy a the bottom.

>>17499990
The thing is I've seen some boomers not budge on their 1.5 million dollar homes for the last 1.5-2 years
Something has to break soon

#FinNexus officially starts, including pre-planning, finding core members of the FinNexus team, negotiating with fund partners

>>17498828
??? Not fake

>>17500343
hopefully there's a recession and boomer retirements get rekt and they have to sell their houses and move into a smaller cuckshed. the oldest boomers were still in the workforce back in 2009-2012. lot of them are retired now, so its possible now.

@shiftymine
They're fake in that she shops them

>>17498028
Well ... in response to the virus they're thinking but cutting rates and they're low as is. Inventory is low across the country and we (were?) looking at a historic season of bidding wars. Also, if the virus halts construction so that further contains inventory. All in all I'd say nah, not for awhile.

>>17499023
Thought this meme was happening on spain alone.

>>17498028
Maybe wait until the boomers are BTFOd in the next few weeks and reevaluate home prices

>>17502420
>They're fake in that she shops them
proof?

>>17498131
hasn't crashed in Australia for nearly 30 years.

>>17502645
nahh they're legit

>>17502645
You can see the lines bending. she 'touches up'.

Somewhat unrelated, but any tips for securing a decent 15 year mortgage with a large down payment and no credit? I'm planning for a few years down the road. I just don't want to get screwed by the bank once I get there.

>>17502044
this. FUCK BOOMERS

>>17503340
That's a fucking door with a texture on it mate. There's videos of her, she's a big girl.

>literally just want a small house for 2
>every new development going up is £300k starting Chad and Stacey town houses
>all sold to rental cartels before a single brick is laid
>when you go to buy they are now £150k but you are minority lease holder and pay rent on the other 50%
Yes, this is sustainable

How the fuck do so many completely overvalued 350k for 70sqm appartments keep getting bought so quickly? This shit is ridiculous.

When Coronachan kills off 10% of the population, there will finally be more supply than demand

>>17503006
Who’s this whore and where are her nudes

>>17503956
> her

>>17503889
Why do you think it is reasonable for you to be able to afford a house for two people? Most of the country won't have a £40k job + 100k saved by 30 so not getting anywhere near a £300k house alone.

>>17503956
Reverse image search like a big boy.

>>17500343
The neighborhood around me in a somewhat affluent area near NYC has had 5 houses for sale, 2 of them brand new, for the past 2 years and they've only taken ~3% off their original asking prices if anything. The entire area is either old retiring white people, huge immigrant families, or black families. The white people are going to have serious issues getting rid of these stick cages.

>>17503929
>Luck ID
>Green
God I hope for another black plague incident. There is a reason why we had a renascence after that happened.

>>17503889
Not to mention townhouses suck and you can hear your neighbor taking a shit most of the time, new houses are built with no real material. Plus >>17503918 there are still a few assholes mentally autistic but still smart enough to do math that are making 80k working in a city with a 2 hours commute pretending that they're making it. They buy overpriced townhomes/condos which props up the rest of the market.

>>17498826
imagine actually believing this; shit is still that out of whack, in fact far further out of whack

Buying my 3 bed house in Leeds, UK here.
£150k cash in may. Good timing?

>>17501820
>implying surgery is not fake.

>>17504953
>sinking that much cash into something with such an inflated price at all time high