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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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File: 532 KB, 1408x783, well well well.png [View same] [iqdb] [saucenao] [google]
51726960 No.51726960 [Reply] [Original]

>SP500 is collapsing
>Every industry is down except real estate
wtf /biz/? You said housing was going to crash. Real estate industry is on the up though.

>> No.51727022

>>51726960
>turning the tradwife meme into a Zillow marketing campaign

>> No.51727056

>>51726960
one of the guys on twitter identified this trend in 2008. housing crashes but real estate companies didn't

>> No.51727060

>>51726960
It's about to. On a 30 year mortgage, ideally you pay the principal down 3.33% per year, if the interest is higher than 6.66%, you will never pay it off.

>> No.51727070

>>51726960
Housing crashes play out much longer than ordinary company stocks, as it takes time for foreclosures to pan out.

The age of cheap borrowing is over, so it's only going one way. Down.

>> No.51727079
File: 547 KB, 720x1280, 1510004440140332577.png [View same] [iqdb] [saucenao] [google]
51727079

>>51726960
>real estate sector of S&P closes with a gain one time
>OP begins suggesting women understand markets

>> No.51727098

>>51726960
real estate is going down though, and shows no signs of reversing any time soon
what is this gaslighting nonsense
just fuck off

>> No.51727166
File: 10 KB, 312x296, 1604361410502.jpg [View same] [iqdb] [saucenao] [google]
51727166

>>51726960
For me, it's data center REITs, such as EQIX. EQIX: it's the REIT that can't be beat!

>> No.51727932

>>51727060
Nigger, do you even know what amortization is? I have no other input to the thread other than calling out your retarded bullshit. The fact that people like you can get online and spread absolute dogshit nonsense without understand what the hell you're talking about is the exact reason why I will never forgive Steve Jobs for introducing the iPhone and introducing morons such as yourself to the internet 24/7/365.

>> No.51727946

>>51726960
First, crypto tanked. Now, stocks are in the process of tanking. Lastly, real estate will tank.

Patience, fren.

>> No.51727956

Lol delusional mortgage retards must have not gotten an appraisal in a while.

Let me give you mortgage owners a tip, just because a similar house is listed for a certain price on Zillow, doesn’t mean it’s actually selling.

T. Real estate agent

>> No.51728309

>>51727056
How does that work? Sales have to occur for these companies to profit right?

>> No.51728336

>>51727946

This. And guess what recovers first? Thats right. Crypto. Then Stocks. Housing market will be last.

>> No.51728358

>>51727956
Doesn't mean prices will come down either. Buyers will have to pay if they need a home. They are in my area. Prices are staying high. Only some houses for sale have abnormally high prices. Sales are slowing. What is selling is the best available in various price ranges.

>> No.51728362

>>51728309
real estate companies usually make their money by charging a 6% cut when their agents sell your house. as long that 6% cut is more than their operating costs they will stay profitable, even if you sold your house at a loss

>> No.51728368

>housing
>not collapsing
Volume went to zero, it's already over

>> No.51728374

>>51728336
crypto wont recover first. it will be lucky to stay stagnant in 10 years, fad is over

>> No.51728386

>>51728336
>implying crypto will recover
baka

>> No.51728402
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51728402

>>51726960
The Zestimapocalypse is coming soon. Women are going to lose their fucking minds.

>> No.51728443

>>51726960
Stocks bottomed in 2009 after the financial crisis while real estate bottomed in 2012. Selling a house or getting foreclosed on takes a little bit more time than selling a stock or getting margin called on your position

>> No.51729397

>>51728443
It's different this time.

>> No.51729583

>>51729397

Yes. It will go up forever.

>> No.51729609

Why is beating women illegal in the west? How else do you get them to behave?

>> No.51729631

>>51728358
>Buyers will have to pay if they need a home.
and if people want to sell their home they need to sell
your statement is a meaningless tautology

>> No.51729664

[citation needed]

>> No.51729772

>>51727060
This guy get it
>>51727932
Stfu retard and go back where you belong

>> No.51729786
File: 110 KB, 1279x694, TIMESAND___tng60CSLW23YRhro8AqtCmymtCmYRhyqVGs.jpg [View same] [iqdb] [saucenao] [google]
51729786

Real estate is crashing.

>> No.51729790

>>51726960
>down 1-2%
yawn, when will a real crash occur? you're all such drama queens, this happens every other week.

>> No.51729896
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51729896

>>51728374
If the price of crypto doesn't rise quickly, I'll buy more when it drops. Projects that deal with practical applications, like what Geeq offers, will be given priority.

>> No.51730382
File: 276 KB, 1080x1340, Screenshot_2022-10-01-09-10-17-89_40deb401b9ffe8e1df2f1cc5ba480b12.jpg [View same] [iqdb] [saucenao] [google]
51730382

>>51726960

Real estate is crashing Nigger.

And I am getting rich from it

>> No.51730412

>>51727956
Kys land maggot. You'll burn in hell forever for your greed

>> No.51730415

>>51729631
You don't seem to get it. Buyers are beholden to sellers right now. Buyers either pay up and buy a house of fuck off. Its that simple. No one is giving away houses cheap. Sellers don't need to. Demand is still high,

>> No.51730423

>>51729786
>seasonal decline is a crash
no

>> No.51730451

>>51729664
The citation is the pic in OP. The SP500 is all in the red except the real estate sector. You do know how to read that pic?

>> No.51731101

>>51729896
It will provide a reliable solution with its cutting-edge technology and an unrivalled security through its 99% BFT. Consider how secure it will be over time kek.

>> No.51731146

>>51729609
obviously they dont behave here

>> No.51731165

>>51730415
plenty of people need to sell their homes
and this number will only increase as time goes on and the recession starts

>> No.51731231

>>51728402
It will be fun to watch what comes out of everyones "Pandora's angry boxhouse"

LOL

>> No.51731271

>>51728309
Lots of agents are commission only

>> No.51731314

>>51728402
There's no inventory and even if prices go down, the profits are still nice for salespeople

>> No.51731332

>>51731314
>no inventory
such a meme
all it takes is people clicking the "for sale" button and suddenly there is inventory
this is what happens during a bubble pop

>> No.51731347

*ground shakes*
*investment lost*
nothin personnel zestimate stacy....

>> No.51731383
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51731383

>>51726960
real estate is already down 10-20% in the major cities and clearance rates at auctions have fallen through the floor. there is no escape and every smug boomer will be seething with rage for the foreseeable future

>> No.51731393

>Grandma sold the real estate top
>Put it into the stock market

>> No.51731471

>>51731393
Haha, no escape button on her ride.

That's the way it's gotta be, little darlin' in the Wild Wild West.

>> No.51731636

>>51731332
In my city there's less than 1% rental availability

>> No.51732306

>>51731165
>plenty of people need to sell their homes
Doubt. If this were true prices wouldn't be staying so high.

>> No.51732366

>>51727932
accountant here: this guy's right about amortization. the aforementioned idiocy about never being able to repay might apply to compounding student loans.

>> No.51732404

>>51732306
it's gonna be awesome watching you post pink wojacks. anyway, anyone with a brain already realizes that at this point, it would be more profitable long term to put their down payment money into the S&P500 instead and DCA the remaining savings monthly, rather than paying a 5,000/mo mortgage. renting is cheaper than buying and has a higher upside at this point.

>> No.51732460

>>51728386
>implying this isn't like the 4th time a crash like this has happened in crypto
And the technology is actually beginning to have real utility, you'd have to have a marble-smooth brain to think it's not bouncing back.

>> No.51732519

>>51726960
>why isn't an extremely illiquid market perfectly coupled to highly liquid markets?
It truly is a mystery.