>Home prices are collaps-ACK!

[Anonymous No.54818730]

Not so fast rentchuds. There is no housing crash. Prices are are up this year. If you haven't bought yet you are priced out.
>Home prices are on the rise again.
>Home prices in March rose for the third consecutive month.
>Nearly half of homes on the market are selling within two weeks.
https://archive is/TgM8O

[Anonymous No.54818759]

do you expect anyone to read beyond your meme word
reported for trolling outside of /b/

[Anonymous No.54818777]

>>54818730
ask me how i know you're a poorfag with considerably all of your net worth tied up in a plywood box purchased within the last 3 years on 95% LTV 30 year welfare layaway plan loan.

[Anonymous No.54818927]

>>54818777
>seething
Ask me how i know you're a poor rentfag with all of your monthly net worth tied up paying someone else's mortgage.

[Anonymous No.54818992]

>>54818927
i live at home and invest the vast majority of my low six figure wfh income.

[Anonymous No.54819027]

>>54818992
>translation: I live in my parent's basement trading electronic funny money to fund my video game addiction
You have no wealth, no life and no future. lol

[Anonymous No.54820027]

>seasonally adjusted
>nearly half

[Anonymous No.54820416]

If I have learned anything. House prices never go down unless you paid to much, Have not maintained/ kept property up to date. If you actually maintain and upgrade your property. Bought for a good price. It will never go down. Simple as.

[Anonymous No.54820436]

>>54818730
Big banks have infinite money straight from the printer to buy and rent out and the common cuck on the street has swallowed the no regulations pill. Of course you're fucked.

[Anonymous No.54821255]

>>54818777
/thread

[Anonymous No.54822721]

>>54821255
Not so fast rentchud. Being jealous of homeowners and projecting income level is not an argument. Cope seethe and mald. You will never not be priced out.

[Anonymous No.54822735]

>>54818730
>seasonally adjusted

[Anonymous No.54822935]

>>54818730
>paid off primary residence
>will take years to save up for a vacation home if inflation doesn't effectively price me out forever
It's not fair bros.

[Anonymous No.54823454]

>>54822935
Try looking around in more affordable vacation areas in flyover states. Instead of looking directly in resort towns look a few towns over. Prices drop dramatically 50 miles out usually.

[Anonymous No.54824845]

>>54818777
ask me how I know you're the same obsessed schizo that posts in literally every single cope thread, and that the only thing that lives truly "rent-free", is the fact that you can never have whatever it is you want, for each and every waking moment in your head

[Anonymous No.54824926]

I don’t actually believe this. I believe that just like the banks are purposely giving people bad loans to artificially prop up the price of housing, they are paying to put slanted articles like this out there. They want the MSNBC CNN FOX normies to believe whatever their news rag says.

[Anonymous No.54824953]

>>54818730
Anybody else feel we are in melt up?
As soon as the fed says they are pivoting, we sink. That's my bias. I'm ignoring everything else.

[Anonymous No.54824997]

>>54823454
you forgot about location, location and location

[Anonymous No.54825009]

I'm seeing a lot of articles like this lately where they use trends and statistics to try and show demand is spiking but then if you look at the fed homebuyer statistics demand is still down like 70% from its peak in terms of mortgage applications. gee I wonder who could be behind these articles

[Anonymous No.54825033]

>>54818777
nice trips
checked

[Anonymous No.54825106]

>>54818730
listen up all of you stupid faggot retards that are incapable of having an original thought that isn't completely polarized by memes of bears, bulls, pepes, and wojaks. investing in index funds and renting will increase your networth more over 30+ years than investing and buying a house. investing in a house that you live in will give you decent return and a place to call home, raise a family in, and a yard you can watch your retriever to run around in and dig holes.

[Anonymous No.54825187]

>>54825009

If you're an oldfag you will notice a trend that right before the race for the exit in a crash you will be experience a bombardment of propaganda to try to get suckers to provide exit liquidity.

Housing isn't back they just want you to baghold

[Anonymous No.54825190]

>>54818759
People tattletale too much here. I made a Crypto VS AI thread and mods deleted it.

[Anonymous No.54825227]

>>54818992
I WFH with 6 figure income and live with parents. I mostly have no life except when I travel to Eastern Europe.

I might start a business soon. I'm thinking that AI is the future.

[Anonymous No.54825250]

>>54820416
I might be putting off buying a house, and I might miss my chance to pay a mortgage. I probably should jump in soon , after I bag my Eastern European bride and bring her back to America. Moldova is going to get invaded soonish by Russia - maybe.

[Anonymous No.54826967]

>>54822935
how am I supposed to buy a house when I don't even have a house myself? I've been living in fucking apartments because everything I earn is never enough to buy shit, I even started using PLEB to try to have some money for the future, even so the possibilities are slim

[Anonymous No.54827113]

>>54822935
vacation properties are a fucking trap, don't do it
>buy vacation home
>now every vacation i feel pressured to go there instead of somewhere new and different
>have to go there to WORK on my vacation property a few times a year
the sole advantage is a private gun range. I worked things out with some guys I met in the area to at least clear brush for me and they'll buy me beers when I'm in town. I'm probably going to sell it to one of them in a few years and use the money to improve the house.

[Anonymous No.54827176]

>>54824997
I did no such thing. As resort towns fill out and prices go up the surrounding areas increase in value. Try to find a house within 50 Aspen, CO today. Nothing worth buying is less than $500k. The same goes for rentals. People that can't afford to stay in Aspen have no issue with paying a little less 50 miles away. The problem here is you don't know anything about vaction areas, vacation homes or real estate in general.

[Anonymous No.54827195]

>>54827176
>50
*50 miles

[Anonymous No.54827631]

>>54825187
Claiming owning a home, property, land is "bagholding" the biggest childlike cope possible. You embarrass yourself with this comment.

[Anonymous No.54827691]

>>54818730
just like when all the rich assholes colluded to inflate used car prices for gain. look at them fucks collecting on foreclosures and desperate sales.

[Anonymous No.54827716]

>>54819027
>You have no wealth, no life and no future. lol
six figure wfh neet here. My rapidly growing portfolio of international stocks crypto and index funds will absolutely destroy your RE gains gl

[Anonymous No.54827727]

>>54827631

Being underwater on a mortgage because you FOMO'd at the top definitely is bagholding. You seem to have fetishized being a hoomer even if it's not economically sound.

[Anonymous No.54827730]

>>54827691
This

[Anonymous No.54827741]

>>54822935
I literally would not recommend you buy a vacation home besides some kind of low maintenance condo

It's just not worth it

[Anonymous No.54827806]

>>54818777
It’s the second of the month, did you pay your rent yet? How that 0% equity and another 1% priced out from inflation sound to you?

[Anonymous No.54827824]

>>54827727
I own a house, 80 acres of timber, and a workshop. You weird little children may call this a fetish, but its nice owning your own piece of land, I suppose it's impossible to understand if all you've done is live with your folks or rent someone elses property.

[Anonymous No.54827890]

>>54827824

Who asked?

[Anonymous No.54828192]

>>54827824
Seems like the same thing just to a lesser degree. Is it entirely different from renting if you have to keep paying for it (taxes) on it or lose it?

[Anonymous No.54828201]

>>54827716
>I'm a millionaire posting on 4chin
You are such a liar. lmao

[Anonymous No.54828208]

>>54827741
>I literally would not recommend you buy a vacation home besides some kind of low maintenance condo
Where am I supposed to murder the hookers? A motel for shits sake!?

[Anonymous No.54828215]

>>54828192
Yes it is. When you own you pay the same as a renter except you profit. When you rent you pay someone else's way and they profit even more. Why is this so hard for your rentards to get through your thick skulls?

[Anonymous No.54828526]

until houses magically stop being stuffed with 50+ indians, prices aren't ever going down, at least in Canada.

Cheapest house in Ontario is going to be 1Mill in 3 years. No sane politician is ever going to fuck over the homeowners because they're the ones that actually matter.

[Anonymous No.54828589]

>>54828526
lol no. Indians are falling for the scam less and less, where they think they'll come to Canada to live a rich and easy life, and end up delivering food for shit pay while they can barely afford their $1500/month rent in Brampton.

But sure, lets say, the immigration doesn't stop. Canada then simply turns into India, and all the white people fuck off anyway, crashing the market inevitably still.

[Anonymous No.54828661]

>>54828589
Where the fuck are Canadians going to go? Half of them haven't left the cities they were born in and even more don't even have a passport. America? Australia? Nah, canadian retards are going to stay here and do fucking nothing about it because they're truly dumb.

[Anonymous No.54828785]

>>54828201
>imagine thinking being a millionaire is a big deal in 2023.

There are tons of us here bro.

Hate to be the one to tell you but millionaire is the new mettle class. Having 4mil invested isn’t even enough to really retire on anymore and live of dividends and interest unless you wanna live in poverty and or a tiny house in the middle of nowhereville next to methton in flyover country. I know cause I have that much invested; I get the deposits in my account I know how much income it generates after taxes first hand.

[Anonymous No.54828980]

>>54828785
B-but how can I make a mil?

[Anonymous No.54828995]

>>54828661
They're actually just going to die and fade away given the white population of Canada is below replacement and there's 100 indians for every white Canadian (and they all want to move to Canada)

[Anonymous No.54829047]

Hey I’ve got an idea. We’re always talking about good investments. What if we came up with the worst possible investment we can construct? What might that look like?”

Well, let’s see now (pulling out our lined yellow pad), let’s make a list. To be really terrible:

It should be not just an initial, but if we do it right, a relentlessly ongoing drain on the cash reserves of the owner.
It should be illiquid. We’ll make it something that takes weeks, no – wait – even better, months of time and effort to buy or sell.
It should be expensive to buy and sell. We’ll add very high transaction costs. Let’s say 5% commissions on the deal, coming and going.
It should be complex to buy or sell. That way we can ladle on lots of extra fees and reports and documents we can charge for.
It should generate low returns. Certainly no more than the inflation rate. Maybe a bit less.
It should be leveraged! Oh, oh this one is great! This is how we’ll get people to swallow those low returns! If the price goes up a little bit, leverage will magnify this and people will convince themselves it’s actually a good investment! Nah, don’t worry about it. Most will never even consider that leverage is also very high risk and could just as easily wipe them out.
It should be mortgaged! Another beauty of leverage. We can charge interest on the loans. Yep, and with just a little more effort we should easily be able to persuade people who buy this thing to borrow money against it more than once.
It should be unproductive. While we’re talking about interest, let’s be sure this investment we are creating never pays any. No dividends either, of course.
It should be immobile. If we can fix it to one geographical spot we can be sure at any given time only a tiny group of potential buyers for it will exist. Sometimes and in some places, none at all!

[Anonymous No.54829060]

>>54829047
It should be expensive to own, too! Let’s make sure this investment requires an endless parade of repairs and maintenance without which it will crumble into dust.
It should be fragile and easily damaged by weather, fire, vandalism and the like! Now we can add-on expensive insurance to cover these risks. Making sure, of course, that the bad things that are most likely to happen aren’t actually covered. Don’t worry, we’ll bury that in the fine print or maybe just charge extra for it.
It should be heavily taxed, too! Let’s get the Feds in on this. If it should go up in value, we’ll go ahead and tax that gain. If it goes down in value should we offer a balancing tax deduction on the loss like with other investments? Nah.
It should be taxed even more! Let’s not forget our state and local governments. Why wait till this investment is sold? Unlike other investments, let’s tax it each and every year. Oh, and let’s raise those taxes anytime it goes up in value. Lower them when it goes down? Don’t be silly.
It should be something you can never really own. Since we are going to give the government the power to tax this investment every year, “owning” it will be just like sharecropping. We’ll let them work it, maintain it, pay all the cost associated with it and, as long as they pay their annual rent (oops, I mean taxes) we’ll let ’em stay in it. Unless we decide we want it.
For that, we’ll make it subject to eminent domain. You know, in case we decide that instead of getting our rent (damn! I mean taxes) we’d rather just take it away from them.

[Anonymous No.54829099]

>>54818777
>trips of truth