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/biz/ - Business & Finance


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17476572 No.17476572 [Reply] [Original]

Retard here, got a question

If Coronavirus murders the stock market, is there any chance that the housing market crashes with it?

I want to buy a house soon and it would be cool if all the prices plunged.

>> No.17476608

>>17476572
The stock market is the economy, If it goes down everything goes down. If the bubble gets popped by the stock market, everything else gets popped including the housing market which is currently in a debt bubble bigger than the one in 2008, Which means it will be 2-3x more debt that will default.

>> No.17476620

>>17476608
What will happen to our money in the banks?

>> No.17476632

>>17476572
yes, but id hold out at least a year. also some markets are more insulated than others. if you wanna get in a place like SF or LA ...wait

>> No.17476685

>>17476620I wonder this too. I have 4K in link from early days, 8k Chase. I’m trying to figure out what to hedge with. I’m praying BTC slowly spikes up as stocks plummet. The FOMO would ensue then for sure but what about gold.

>> No.17476686

>>17476572
Commercial property is already tanking. Properties are selling way under asking price.

If the Fed doesn't cut the housing market is crashing.

>> No.17476694

>>17476572
>>17476632
also low interest rates are driving the prices u. wait until interest rates rise and go in with a lower offer on a seller who is shitting bricks