High inflation, high gas prices, crime in the cities, school shootings, open southern border, woke lbgt leftists grooming your children in kindergartens and schools, and now a talk of a recession and a housing market collapse. What else will Biden fuck up?
There are signs that the previously red hot US housing market is seriously cooling down amid talk of recession and the prospect of home prices nearly halving in some parts of the country. An increase in mortgage rates, rising house prices and uncertainty around Joe Biden's economy as inflation soars, are contributing factors to the slowdown, according to experts.
Housing prices can more or less be directly controlled with interest rates since most homes are financed. You get the same payment on a 500k home at 2% as you would on a 250k home at 10%
Brayden Kelly
Refinance market dried up, lenders and brokers laying off or closing shop. People that had to wait to build their homes are now having to back out because they can’t afford to finance it completely with ever increasing rates. Something is about to give
Brody Russell
>irony all of this inflation and economic warfare hurts the blacks the most, whose lives matter. it's almost as if they are pushing them into extreme pain to get them to vote gibs and become the new vanguard to introduce communism into america. >double irony being used as pawns to revert to slavery by choice
>slash prices They are cutting their ridiculous asking prices down to slightly less ridiculous asking prices Shit's still completely fucked here and some people are even raising prices fuck jews and yanks
The ones causing the crash are the ones setting policy and profiting the most from it. Game was rigged from the start.
Hunter Martin
>fuck jews and yanks A tautology.
Benjamin Jones
>the prospect of home prices nearly halving in some parts of the country. >some parts of the country. read: the b- and c-tier cities and their respective suburbs good riddance to these lgbtqilolwtfbbq+%pwn hellscapes
Jeremiah Turner
Still $100,000 more than it was in 2019 for the same shitheapes
A literal desert gypsy mutt calling an user a mutt is pretty ironic. I mean it's very well established here you have next to no self awareness, but holy fuck.
Yeah, my condo (not even a house) is appreciating like $5k a month since I bought it in Feb 2021. Pacific Northwest region. Prices are not falling lmao.
