It's over

>It's over
What are the political implications of the coming RE crash?
>markets cheer
That's what they always say, then the pain bites and the Fed are the bad guys.
But one thing is certain, these things will increase, though they won't propagate like 2008 since that enviro doesn't exist:
>interest rates
>defaults
>unemployment
>sales of one-use luxury items like foods or entertainment
>experiential luxuries instead of consumptive ones with payments

These things will fall
>home value
>employment
>wages (vs CPI)
>sales of up-market items like SUVs or large trucks
>spending hobby participation like sex changes or souping up your Honda

Can the West stand this much pressure?

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>1 post by this ID

>Can the West stand this much pressure?

I'm cheering it on. The Boomers fucked us over one last time by jacking up home prices to compensate for their lack of retirement savings. It has forced my family to live in a small home while we watched one or two elderly people living it up in a 3000SF mansion compared to what we have. There are many people like me who have been waiting in the wings for an opportunity to buy, and it looks like it's finally coming.

It's all going down this time. It ain't just RE.

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And it's over, another 75 basis point hike
Two in a row
GDP numbers coming out tomorrow will show another quarter of negative growth and we'll be officially in a recession

Remember when retards were bidding over asking prices.

>housing will get cheaper
>loans will got more expensive
Cashbros, it's our time.

It's over. Best just go to the beach and chill.

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I wish I had money to buy real estate but I bought SOXL and TQQQ in October last year and I can’t bear to even open my fidelity app now

stocks will totally plummet right?

"markets" they're god damn casinos fueled on out of control currency creation.

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It absolutely has to happen, it either happens now and best case scenario we have a minor crash, or it happens later and we have a really fucking big crash

>75bp
Wake me up when it's 3000bp, that matches reality.

>stocks will totally plummet right?
Nah, it's already baked in
I expect a 1% increase tomorrow in the S&P

Already priced in

more like 200,000 bp. they're not serious about taming inflation though. this is all about a not so controlled demolition to usher in the great reset.

housing prices will surely collapse in 2 more weeks

They are fucking with us. Every single 10 basis points saves the government tens of billions in interest payments alone. The more they keep the appearance that inflation is under 50% they make a killing at our expense.

This move is considered semi-dovish and positive for stonks. The markets are trying to price in the Fed Pivot. What I want to know is what the Fed Pivot will do to commodities and broad inflation..as if things weren't bad enough. The consensus is the Fed pivots between later this year nd early next year. During this period inflation will not get down to 2%..more like 6-7% dependong on the severity of the recession. So just HOW MUCH MORE inflation will we see on top of the already elevated inflation.

Standing by o7

>the appearance that inflation is under 50%
>50%
Just looking at the takeout menus I have from a couple years ago, this is probably a realistic number.

I have 180k in the bank, when should I buy? Also I want to move from Cali to
around mesa Arizona. I heard they are the most overhyped market just like Vegas in 08

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