Can someone explain why jew corporations like zillow expect house prices to continue rising rapidly when rates are...

Can someone explain why jew corporations like zillow expect house prices to continue rising rapidly when rates are expected to spike and already are.

Doesn't higher rates mean market will cool / crash?

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The rates are still going to remain relatively low. Low rates don't increase the supply. Demand for housing is still sky high because
>WFH
>white flight
>illegal immigrants
>legal immigrants
>immigrants not getting kicked out
>largest working generation (millenials) making enough to buy homes
>corporations buying up some single family properties
>new construction halted due to supply chain bull shit

*higher rates don't increase supply I meant to say

Rates last year were under 3%. They are now over 4%. To afford the same house payment, the price has to come down 12%. Not only that, but asset prices have doubled in the last 5 years. Wages have been stagnant. There is absolutely no way in hell people can keep affording these houses.

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why dont americans just build a bunch of brick houses in the middle of some flyover state or something?

Rising rates actually makes people fomo into houses. I can see spring being the top with even more insane prices.

do you know how expensive bricks are now

>There is absolutely no way in hell people can keep affording these houses.
There are not a ton of adjustable rate mortgages like there were in 2008. The increased rates won't result in evictions. Again rising rates doesn't increase supply, and given that you can live in or rent a home, you are not under a lot of pressure to sell.

WFH died with covid died

really? ok so bricks and lumber are out of the question, what else can you build a house with?

this can't be that fucking difficult, america is a giant country with mostly empty land

Wrong. It's still happening now. Even with RTW companies will be using hybrid schedules (eg 3 days office 2 days WFH). The tight labor market allows whiny millenials to demand it.
t. fortune 500 corp wagie

>not wanting to commute 2 hours to be micro-managed in some cubicle is "whiny"

post nose, kike

name a point in history when it actually went down
hybrid being pushed is a prime example of ho they will get rid of it ASAP

Hey I love WFH I just also like poking fun at millenials because I am one
Zoomies seem to refuse anything besides fully remote or gig work

Banks have more money than they know what to do with
You can’t put trillions into the money supply and not have it slowly filter to assets
Wrong
WFH is only getting stronger
Normies are buying Uber eats and having Amazon deliver everything while they answer phones for customer service

>>white flight
Whites drive down market values of homes unironically. You'll notice that areas with high populations of whites (akak less diverse) have less expenses houses and lower paying jobs.

>post thread
>have no concept of what affects supply and demand. basic market factors.
>just assume that because cost goes up (rates) demand goes down
>ignore everything else

you forgot:
>biz/ - Business & Finance

Zillow just lost a fuckload of money trying to flip houses. Lmaoo

You underestimate how truly fucked the supply crunch is. There are more new houses being created now than at any point in American history (like 1.5 million this year). That's still not enough to meet the increasing demand. And the price of new houses are inflated due to lumber, copper, labor shortages, etc. The housing market won't be cooling or crashing any time soon.

RIP Chumlee

You have to pay all sorts of fees and get zoning laws passed and pay all the mexicans to build it don't you know and then have franchises come out to the middle of nowhere with a bunch of services be seduced by your shitshacks.

>Double top
It's over.

They're going to give every nigger, spic, and zoomer with anything over $15 an hour jobs with unlimited loans. Then, when the economy crashes, they take back all those houses for pennies on the dollar while they profit off of the equity given to them by the dumb goy. Rinse repeat, they've been doing this for 50 years now.

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