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/biz/ - Business & Finance

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49800746 No.49800746 [Reply] [Original]

>cypto currency is crashing so we can finally buy GPUs
>stocks are crashing so we can finally buy in
>house prices are crashing so we can finally buy a home

Nature is healing.

>> No.49801135

>>49800746

anon... housing market hasn't crash yet...

>> No.49801197

>>49801135
it will

>> No.49801233

>>49800746
>cypto currency is crashing so we can finally buy GPUs
based, finally i can have a GT730

>> No.49801324

>>49801233
i want cheap mining gear

>> No.49801329

>>49801135
>>49801197
It's already starting to. I keep an eye on my area (commercial/residential); and most have put in serious price reductions in the last week.

Not me but an expert site which is mostly west coast:
http://www.doctorhousingbubble.com/

>>49800746
It always does. Remember that when the bubble bursts, it mostly takes out what the bubble created. If you had bought a home in 2015, and still own it, post-crash you will notice little difference between then and now. Meanwhile, everyone who played the debt-for-real-estate game will either sink or swim based on their cashflow

>> No.49801717

>>49800746
>a liter of milk costs 5 dollars so we can't buy anything else
we will never win bro, never

>> No.49801793

>>49800746
Amen.

>> No.49802242

>>49801717
grow your own stuff

>> No.49802321

Houses in my neighborhood are going unsold, at the beginning of the year they were selling in 48 hours.

>> No.49802642

>>49802321
rentbros... its our time

>> No.49802684

Christ new gpus are still gonna be retardedly expensive and they're gonna need 600W alone. I don't even know if I should wait knowing that the next gen is gonna eat up my power bill.

>> No.49802759

>>49802684
I'm waiting after the initial release of the dumb extra power hungry cards and get myself a 4060 Ti which will probably come 4 months later. Hopefully won't be too much over my 1070 Ti's power draw

>> No.49802800

>>49802759
You're gonna be sorely disappointed. There's going to be a new psu standard (atx 3.0) because new gpus are gonna be so power hungry.

>> No.49802822

>>49801135

Variable interest rates borrowers are getting raped by increased rates.
Many are unable to make payments at the new rates.
Flurry or foreclosures is already happening.
And if the bonds pay enough
ROI from bonds > ROI from rent

High interest rates means that many won't be able to get a loan for a new house.

So depressed demand + foreclosures + not a good ROI = black rock & co. that bought massive amounts of homes will begin dumping their house portfolio and buy the bottom of the stock market= house price crash

>> No.49802832

>>49801135
Yet. With the shit it's in it will fucking explode

>> No.49802843

>>49802822
i thought nobody has variable rates any more