/biz/ - Business & Finance

[Anonymous No.19602542]

Home prices are literally never going to go down, are they.

[Anonymous No.19602571]

>>19602542
Probably not.. A lot of home prices around the world were flat/ went up slightly during Corona. If not even that can kill the market then I don't know what can..

[Anonymous No.19602790]

>>19602542
>HE THOUGHT PUTTING PEOPLE OUT IF WORK WHO COULDN’T AFFORD A HOME ANYWAYS WAS GONNA SINK HOUSING

[Anonymous No.19602808]

>>19602542
population is never going down isn't it?

[Anonymous No.19602820]

>>19602571
> what can
WW3

[Anonymous No.19602837]

Too soon.

[Anonymous No.19602945]

>>19602542
nope all the millennials and apartment cucks are over it and want a real life with a wife and their own space. housing market is bullish AF

[Anonymous No.19603103]

>>19602542
Move out of California faget

[Anonymous No.19603216]

>>19602542
Lots of people are in forbearance and it will take time for the market to react - people don’t panic sell houses like they would a stock; give it time, at least 6 months

[Anonymous No.19603226]

Never. The Fed won't let everybody else repeat THAT little mistake.

[Anonymous No.19603232]

>>19602542
Where I live there's no inventory and tons of buyers. They're going up.

[Anonymous No.19603330]

>>19602542

The lockdown has forced people to realize how miserable their current living situation is. The Wuflu will skyrocket demand in housing and cause rising prices.

[Anonymous No.19603387]

Here's a thing that happened to me, make your own decisions based on this.
A week ago I received an offer from my apt complex to extend the lease for another year with a ~5% reduction, and I may break it at any time in the next year "if i get affected by covid-19"
Idgaf about the lease break, but 5% reduction is insane. For reference, I live in North San Jose, right next to my cushy tech job, in 1bed1bath on the last floor alone. I pay 2.6k, I will pay 2.5k.
This never happens here.

[Anonymous No.19603415]

>>19602542
>>19602571
Nothing will. Look at europe, houses are way more expensive there than oit here. That's why everyone rents over there and the government owns all of the rental properties

[Anonymous No.19603509]

Housing will never go down. On the bright side, housing will never go down.

Make of that what you will.

[Anonymous No.19603521]

>>19602542
Brand new houses are only like 350k get a fucking job you worthless neet

[Anonymous No.19604167]

>>19603509
One small correction: housing will go down when white people evacuate/leave an area. So I guess there are small yet growing areas in America where housing is going down, but do you really want to invest in those areas?

[Anonymous No.19604185]

>>19602542
Why are you pretending housing prices are the same everywhere?

[Anonymous No.19604194]

>>19602542
Not in nominal terms. In real terms they never recovered.

[Anonymous No.19604210]

>>19602808
>he thinks population is responsible for inflated housing prices not the central bank

[Anonymous No.19604238]

>>19604167
Whites have been evacuating california for generations but prices keep going up

[Anonymous No.19604296]

>>19602542
People always need a place to live, run a business, etc. Land is finite. Humans are reproducing at exponential rates. What happens when demand perpetually increases while supply remains constant? The only major project that involved physically making land were the three peninsulas in Dubai. You’re either owning or renting, you choose

[Anonymous No.19604304]

>>19602542
home prices only go up

[Anonymous No.19604394]

>>19604304
Not in real terms. Historically house prices track inflation in real terms.

[Anonymous No.19604650]

>>19602808
Not with that attitude it isn't. Here's a fun idea to do your part on your next vacation.