/biz/ - Business & Finance

>>55955040
>real estate salesman tells you the product he wants you to buy is going to increase in price

>>55955040
>be dopamine depleted discord groomer
>post nonsense "-ACK" attention grabbing articles
>temporarily feel good about mutilated genitals and permafried niggerbrain as a weak stream of low IQ (Yous) trickles in

>>55955040

>>55955048
They haven't been wrong yet. Prices do continue to go up. Even if a correction was to occur, prices would only briefly fall back to 2021 levels and recover back to all time highs.

>>55955059
>the absolute state of rent free
take your meds

>>55955040
we live in a time of high inflation, of course houses go up
Also, dont listen to what jews say but watch what they do: blackrock buys houses.

>>55955067
Keep coping rentoid. Only two more weeks till prices crash. lol

>>55955072
>They haven't been wrong yet.
https://www.google.com/amp/s/www.businessinsider.com/ibuyer-defunct-why-did-zillow-stop-buying-houses-2021-11%3famp

>>55955040

I guess its time to buy. Buy now or get left behind millennials and zoomers. Buy now.

>>55955089

>>55955072
>They haven't been wrong yet. Prices do continue to go up

Ah yes, prices have never once in history gone down, ever, for anything. Never. And don't mind those interest rates goy, buy now

>>55955048
>4chud tells you the product he wants to buy is going to decrease in price for years on end while consistently being wrong

>>55955040
bulltrap

>>55955106
>mass immigration
>hyperinflation
>no new houses built

>>55955106
Prices will hyperinflate to the moon going forward. They will never fall back several decades you hopeless doomer.

>>55955135
>mass immigration
they all cram into small apartments

>hyperinflation
reserve currencies cannot hyper-inflate

>no new houses built
ah so I can see you clearly don't know shit about anything, did you miss the news this month where new builds are outselling existing homes?

you also left out the biggest x factor: boomers dying due to old age

>>55955125
>consistently being wrong
>except YoY 2022-2023
>and 2008-2012

>>55955159
>correcting 3 years worth of covid gains
>fall back several decades

not the same thing r-tard

>advertising and begging
>An advertisement in an ad blog
>Paid for by real estate advertisers
Adception
And nobody reads it let alone take it seriously

>>55955187
im from holland though, we literally dont have space for building new homes.
Theyre force evicting farmers now to desperately try to get space to build houses.
The euro isnt a reserve currency.
Our immigrants get the same houses citizens get because 40% of all our houses are in social housing trusts.

>>55955197
Real estate prices in the Netherlands are crashing, rents are going down perpetually. Bid is as dead as everywhere else

>>55955187
>projecting
>fake news
>insults
cope harder chud

>>55955101

.
.
.
.
Shill detected
Go kys

>>55955207
>Real estate prices in the Netherlands are crashing
Just 1 year ago everyone was complaining you couldnt get to even see the house because someone already bid 100k over the asking price without seeing it.

>>55955040
i can deal with rising home prices but fuck these 7%+ interest rates

>>55955235
Yeah. Bunch of people bought the top, just like in 2006/7, hoping to make "passive income" and somebody else paying off their gamble. That bet is going to end the same. Getting fucked over by tenants being deliquent on rent, having to go through expensive court cases and after missing payment for the 5/6 month getting liquidated on the gamble

Basically they will artificially pump the price because their business relies on houses as a growth investment, like tech. you thought it was bad that houses went up 3x in 5 years, now imagine that.... forever.

You just won't own. Klaus the german jew has ensured your life will always suck. If you already bought the property taxes will ruin you. Republicans never conserved anything, Democrats never protected the working class. Should have supported Reform. Too late now.

>>55955216
>buzzards
>ad hom
>no argument

McNeck yourself faggot

>>55955259
>"They"
Retard detected
What happens, when material costs for construction crash, building homes becomes cheaper, supply grows, while demand remains depressed due to high rates. Yes, the price on existing real estate crashes

Just take people's houses by force. Five finger discount.

>Think different

>>55955291
No retard what happens is that they get money from blackrock and push the prices up then dump on fags like you. Supply will never grow, there is no crash because the government will bail out their pet firms, inflation goes up and the prices go up forever.

>>55955319
>"They"
>Muah Larry
Nigger, when material costs crash together with housing prices, Larry gets his punishment.. your fear PR doesn't work. In two years latest nobody is going to remember who or what a blackrock was

>>55955135
>mass immigration
Shitskin gangvangers moving in famously drives up surrounding property values

>>55955104
>>55955067
2 more weeks REBubble bros then we can buy cheap!

>>55955040
Eat shit. Crash is happening right now. Not only is inventory down, but DEMAND is down.

>>55955555
quints of truth

>>55955089
You position will be washed away by technology, and in the cleansing suds that have broken you up, you will see the reflection of God laughing in nonbinary. And then, you will laugh—because you will no longer have possession over the intangible, and you will finally be happy.

>>55955555
Checked
Bid had been down for time now, guess 7.5% was the breaking point

Sorry guys, housing ONLY goes up, 2008. was once in a lifetime and even then prices fell like 10-20% and real estate doubled in 5 years. It will maybe fall 5% now and double again. Buy now or literally PRICED OUT FOREVER!

>>55955555
>i get my economic data from randoms who get quints
>home prices continue to rise

>>55955048
Zillow doesn’t really care if you buy houses or not they make most of their money off advertising. It’s actually in their favor that houses do not sell and RE agencies have to continuously pay them for listings.

>>55955555
Checked and based. Hoomers absolutely rekt.

>>55955648
What part of prices are falling right now don't you get? Not 2 weeks. Right now. It's happening.

>>55955040
>guys what if we just collectively keep charging more for the same exact product?

>>55955104
>reddit file name
The right really are always projecting

>>55955072
Housing going up in the last decade is literally because of debt. That's it.

>>55955040
2 more weeks

>>55956257
No. That was 18 months ago. Check the chart. Median home prices have been crashing for over a year, and now rates are at 7.5%

>>55955135
>mass immigration
May I see it?

>>55955040
>zillow
>>55951549
>https://www.cbsnews.com/news/zillow-offers-1-down-payment-to-attract-more-homebuyers/
HAHAHAHAHAHA

>>55955677
sure thing, m8

>>55956363
Bid is really completely utterly unrevocable dead for at least the next 50 years if lucky. Peak demographic growth was 50 years ago. It's going to take at least another 50 years likely more to turn things around

>>55956354
>Median home prices have been crashing for over a year

Only for the west coast faggots and city liberals

>>55955040
>prices go up 6.2%
>inflation is (officially) around 7%
How are those bags feeling the boomers just sold you?

>>55955093
They weren't wrong though. They only overestimated a couple markets. The trend has gone up consistently in most markets.

>>55955268
>denies fact
>YOU'RE JUST A STUPID POOPY HEAD
cope

>>55955555
Happening.

>>55958374
>be rentoid
>pay 2000/mo to rent a house
>be out 24k end of year

>be homeowner
>buy 350k home for 0% down
>pay 2000/mo
>deduct mortgage interest and prop tax (4k savings)
>500/mo goes to principal (6k savings)
>make 6% on inflation on 350k (21k)
>be up 13k end of year

Only retards rent

>no such thing as a bubble goy
>make sure to follow the goyim pied piper and put all your money into a hoome.

>>55955291
Buildable land is not infinite smoothbrain.

>>55955414
>TWO WEEKS
lmao

>>55958710
>rental line only goes up
>he thinks this is an argument against homeownership

Only retards rent

>>55956198

>>55958765
>mortgage soon to be double the price of rent
>average hoomer cannot afford repayments and this is getting worse over time
>construction companies going bust left and right
I wonder what happens next

>zillow predicts

>>55955159
population is stagnant now. No ones having kids. Houses will drop. 30 year mortgage = 30 years of bagholding massive debt

>>55958865
>payments are fixed for 30 years
>incomes only go up

Only retards rent

>>55958651
>>55958765

You missed out on the great stock market because you bet everything on a shitty house in a failing town. Now you have to take your anger out on "renters". Some of them own NVDA shares and can just move to a completely different place unlike you. You are seething. We get it.

It's a new paradigm. Prices will never go down again. It's not too late to avoid being left behind, just bite the bullet and get in before the rain leaves without you.

>>55958898
Projection. I sunk no money into my home purchase.

All of my cash goes into Crypto/Stocks.

Your first 250k in real estate gains are tax-free

Only retards rent

>>55958918
>All of my cash goes into Crypto/Stocks.
>spams about real estate investing 24/7

Confirmed liar or retard

>>55958936
Never once advocated dumping CASH on real estate

More projection

Only retards rent

>>55958911
>government inflation numbers are accurate

They have been lying about how low they are for decades because Boomer social security is tied to inflation

>>55958889
Now post a graph comparing wages against the value of homes or better yet, average mortgage payment.
>ohhhh nononononono.

>>55959191
>single mcdonalds workers can't afford a home in 2023

Homes weren't meant for everyone

Only retards rent

>>55959303
>6 year old chart
>doesn't provide any of the data I asked for
again, plot price of hoome v average mortgage payment v average wage.

>>55959319
>thinks homeownership rates have dramatically changed in 6 years

Only retards rent

>>55959327
come back when you have the correct data.

>>55959360
>average wage

Come back when you're above average

Only retards rent

>>55958651
Lmfao smartest RE baggie.

>>55958711
There is more than enough space in the USA, and in places like the Netherlands the option is to build upside
Also
>>>/D/iscord

>>55960863
>Just build sprawling suburbs far away from urban centers lol
Its not that simple kid. Regardless of how you look at the situation land is not an infinite resource.

>>55955040
>zillow owns home
they're just trying to gaslight everyone. They don't want to be holding the bags.

>bags
>baggies
A house is not a shitcoin nerds. There's no such thing as a bag. If you had a choice between a house that loses $100k in value vs an investment that gains $100k, you should take the house every time because you get to live in it and build a workshop and aquarium and jacuzzi. If you would pick the investment you're a pod bugs slave

>>55955048
This. 99% of real estate agents just look at zillow to determine how to list a house. Zillow can literally just move the value of homes around. People pay whatever zillow tells them to.

>>55960982
Look and cry. That line won't go up for the next 50 years

>>55961208
>rates are now 7.5%
>the best that bears can muster is that home prices have stopped skyrocketing (not even fallen, just stagnated)

>>55961187
Kek this is literal boomer tier wisdom. You fucking mouthbreathers will learn. Boomers dumped every last dollar into their home because they had social security AND pensions to provide cash flow in retirement. You will have neither.

Your house won't feed you in your 60s, 70s, 80s dumbass.

>>55961208
>TWO MORE WEEKS. YOU JUST WAIT. YOU'LL SEE.
Give it up already.

>>55961258
It's not about rates, it's about demand and peak demographic having been reached 50 years ago. Gonna take at least another 50 years to unfuck the marxist jewish crap

>>55961371
What the fuck kind of garbage are you spewing, do you live under a rock? Rates went from 2% in 2020 to 7.5% in 2023. So the overall cost of a buying house has continued to skyrocket even as the price has stagnated, because no family is paying in full up front.

I have no idea what demographic shit you're referring to, but if you think thats any indication that demand has fallen, then you don't even look at house listings. Go look. There's zero inventory available anywhere. New listings get sold instantly.

>>55958911
Translation
>buy at the very top so I can exit the market

>>55961420
Boomers peak demographic, genx less, millennials even lesser, zoomers far less, alpha, basically not existing, beta not to be found
But I don't expect somebody that paid 100s of ks for an econ paper degree by marxists to understand offer demand and how it plays into demographics

>>55955040
they're just trying to offload their excess stock
https://www.theguardian.com/business/2021/nov/04/zillow-homes-buying-selling-flip-flop

>>55958710
I wanna see a chart for average cost to build a house.

>>55961455
Not true. Millennials are larger than genx and they are now in homebuying years

>>55961580
No that's not true. You can't force consensus in low trust environments just repeating lies over and over and over again like it was the tv age

>>55955187
Yeah they all cram into small apartments pushing everyone else into houses. House prices go up.
There has been huge inflation for both the dollar and the euro.
There is no building going on to keep up with the scale of immigration.

I dont see property prices falling.

>>55955040
>only 7% YOY after the retard meteoric bull run of the last 10 years
Yeah it's fuckin OVER.

>>55958888
Populations are exploding. Immigration is in over drive.

>>55961673
>Immigration
Coudenhove-Kallegrist failed.

>>55955040
why do you think blackstone bought all the houses above market price

>>55961689
Because they used housing as collateral following unprecise models that were not rooted in reality and are failing. In two years nobody is going to remember what a blackrock was

>>55955187
>reserve currencies cannot hyper-inflate
I suppose it's a really good thing there are no challenges at all to the dollar's reserve status
:^)

>>55961420
>There's zero inventory available anywhere. New listings get sold instantly

There's zero inventory because nobody can afford to sell. Those that do go on to the market are bought by desperate people who are tired of paying rent or aspiring landlords (both are getting a terrible deal)

The concept is simple: nobody can afford to move, most can't afford these prices, and the average American is in a very precarious situation. The only winners are the boomers.

I know several people who will lose the house they bought in 2019-2022. I know landlords leveraged to hell and back. We're at the point in the bubble where people are living in cars and leaving their hometowns because they can't afford rent. And I keep hearing "prices will never go down" which is exactly the mentality needed to create a bubble. It is a bubble and housing is overvalued by about 40%. Bottom will arrive 5 years after the stock market starts to fall. The ego problem to stress is that you are not a smart investor. You bought inside of a bubble. I'm sorry but you just are not a smart investor, lol.

>>55961853
>Keeps repeating lies
Bid is dead. Nobody buys. Inventory prices are reduced over and over again don't find buyers. Rent is going down everywhere

>housing is unaffordabl-
ACKKKKKKK

>>55961918
Someone will probably buy it if he takes 20% off the price.

>>55955555
doesn’t really matter when rich jews are paying cash

>>55958710
even on your chart the most you can expect is a drawback down to 2300 or so

>>55962448
>>55962457
>Double post pro jew post
Gtfo back to Israel

>>55961489
Housing stock already made zillow a $300 million loss and they need to offload 7000 homes. No vested interest here no siree.
>You NEED to buy my bags goyim. We're headed for the moon!

>>55961638
Yes. The cheap debt bull run is over. Housing price growth has slowed. Housing prices are now gaining value steadily YOY.

>>55955555
wew checked

>>55964787
Sounds like I better pull my money out for an easier investment with better returns.

>>55964916
Doesn't matter what you invest in. That isn't the point. This is: Yes. Housing prices are still rising. There is no bubble. The housing market is not catastrophically over as you claim here >>55961638

>>55966062
It's over. More than over for the next 50 years

>>55966070
>It's over. More than over for the next 50 years
lol no

>>55955059
Honestly once you start seeing the site like this, the entire illusion that you're talking to anyone worthwhile or that you should even spend time here is ruined.

>>55967228
>once you start seeing the site like this
It’s means the top is in and it’s all going to come crashing down soon
Weak men create hard times and all that

>>55966794
Go on and buy concrete plywood boxes as an investment, the sellers are desperate , don't expect to sell it for more dollars than you paid for or to find somebody else paying it off for you. But wonigger poster shitcord retards don't have money anyway, go back to your pisscords and rip vrc avatars

>>55958651
>deduct mortgage interest and prop tax (4k savings)
so you dont know the differene between a deduction and a credit...you dont have a house do you

>>55955040
in germany it absolutely seems to be the case

>>55968706
Nothing you have posted negates the fact that housing prices continue to rise steadily. Just admit you're priced out and seething.

>>55968962
Lol
Population isn't infinitely growing and thanks to the internet there is a declining demand for commercial real estate

Bump

>>55969027
This thread is about housing prices you retard. This line of conversation is about housing prices going up steadily. Again, nothing you have posted changes the fact that you are wrong about housing prices. Go be a retarded somewhere else if you can't stay on topic and admit you are wrong.

>>55969939
How does a declining demographic relates to reduced demand in housing
A mystery. But mouth breather that either think in marxist terms or Austrian economic terms don't know what a demand is

Sue your alma mater

>>55969947
>blah blah blah though
Get it through your thick skull neanderthal:
Housing
Prices
Are
Rising
And
Will
Continue
To
Do
So

>>55970290
>Demand doesn't matter
>"We" are going to import more niggers to make it go up
Lololololol

There's no supply. Simple as.

>>55970841
There is less demand. Has nothing to do with supply. With mortgage rates going fast toward 10% and material getting cheaper with china having less demand for material, supply is going to increase faster than you can say yatzee

>>55955235
illiterate faggots in ‘23 biz spend a literal year without reading the news christ
every euro housing market has crashed already

>>55971154
There is still a lot of room down
It's currently lets try to keep prices stable with supply manipulation.

>>55955319
Black rock has less than 6% exposure to residential

Boomers huh

>>55971204
B-but the ((((narratives))) they wasted soooo much time trying to spread (((narratives))))

>Bought in 2020
>2.875% interest rate
>Home has appreciated about $200k

>>55971605
>i larp on an ouija board posting frogs
Feels cringe man
Fuck off frog faggot your data is worthless

>>55971807
stay mad poorfag and open your butt cheeks wide when your landlord comes to collect their rent

>>55972168
Sur larp frog. Go be cringe somewhere else

>>55971605
similar situation here
>buy in 2017
>refinance in 2021 for 2.6%
>house has doubled in value since I purchased
>rent is now 3x what I pay for my mortgage for a 3 bedroom house I live in by myself

renters are retards

>>55972234
It's too cute to watch larpers larping for yous, especially if it's the same larper after he switched ip agt

>>55972283
>he thinks this is a larp

lol, buddy every single homeowner who bought before covid went through the exact same thing, why do you think no one wants to sell now? We are all enjoying our 3% or lower mortgages, it's hilarious you think the average homeowners experience is a larp and that everyone is a poor renter like you.

>>55972283
>NEET faggot too mad to admit real estate can be a good investment because he got tricked into wasting his paycheck on shitcoins by pump and dump schemers on a chinese cartoon forum

>>55961918
So the inside is ruined or the neighborhood is 70% black.... right?

Arise housing cheapies. May JPow raise rates to the double digits.

>>55972324
You are larping you follow a script. Nearly word by word
>>55972359
Am I a neet if I juggle with 7 figures and for very obvious reasons refuse to buy boomer concrete plywood boxes? Maybe

>>55972368
Looked it up, yes black neighborhood, but inside looks decent except for the stairs but it looks like they were in the middle of renovating them when they took the picture. Biggest problem is that it's blocks away from the Mississippi river. One bad hurricane and this shit is under water.

>>55972440
>I juggle with 7 figures

you claim to juggle 7 figures? Sure thing buddy, sounds like someone is projecting a bit much

>>55972414
Higher for longer, peak demographic, last batch of young boomers out of the market
The way down is going to be a long one

>>55972466
Mostly commodities, did pretty fucking well thanks to Russia, buttcorn helped too, though I wouldn't touch that crap anymore

>>55972368

Up it goes

Bump

>>55972234
Are you me?
>2018 purchase
>refinance in 2021 for 2.6%
>200k equity
>mortgage less than half what rent is

>>55955040
At this point I've given up. In my city you can't find a house outside of a nigger-infested ghetto for less than 300k. It's just absolute madness. To the point that if I wanted to buy, I feel like it only makes sense to do so in potentially gentrifying areas, but that opens one up to crime and niggers in the vicinity

>>55975888
Give it 10 years maybe earlier. The unwinding of the pyramid scheme by boomers and jews is going to take some time but the direction is deterministic. Rents are the first that are going to crash hard, then comes material, then comes a short lived building boom, then the old stock gets dumped for pennies on the dollar

>>55972283
Take your meds schizo.

>>55955048
fpbp /thread
just don't underestimate the ability of stupid people in large numbers to keep the game going for a while

>>55955048
Lol had this happen.
>Agent says he has a deal for me
>Get to property looks nice but is a 3 bed 1 bath.
>It is 60k overpriced.
>Tell him yeah it's missing a bathroom and 1000sqft I can't squeeze one in.
> I run the math in my head
>shit will lose me $500 a month
>tell agent what I came up with
>says no you can easily break even on this house
>sideeyepepe.jpg
>Agent says it's going to sell quick
>tell him okay well if it don't sell I'm offering 60k less then list price.
>3 weeks later house is still for sale with no offers.
Agents are getting desperate now for those commissions. And retards that bought the top are going to rope when they get laid off and no one is buying.

Have another situation right now with a flipper that bought a piece of shit house 2 months ago for 60k but wants to sell it now for 130k without doing fuck all to it. Just because it has potential. Fuck contractor flippers they are almost as bad as airbnb faggots.