Attached: house_sale.jpg (612x408, 37.54K)
WHAT HAPPENS TO HOUSE PRICES DURING A RECESSION
Chase Gutierrez
Logan Brooks
Up only. Always and forever.
Liam Murphy
Regression to the mean, which is a long way down from here.
John Brown
This. Housing prices only go up forever and always and this is a scientific law of life. It isn't possible for market conditions to change and real estate is ALWAYS a good investment forever and always as a guarantee.
Isaac Russell
This. If you think anything will happen in your favor you’re not paying attention to how this works
Josiah James
Already starting to see housing prices on Zillow come down and houses staying on the market much longer than a few months ago watching HOOOOMERS get rekt will be funny
Jack Lopez
it goes up indefinitely
Elijah Foster
Prices will dip, stabilize, and then go even higher. If you are asking then you are already priced out.
Ethan Cooper
At least historically, home prices are usually unaffected. 2008 was a "once in a century" housing crash. That said, it's difficult to say how an entire country locked into 2% rates will impact prices, if no one is willing to sell then prices will go up as supply decreases.
Henry White
>willing to sell
many wont have a choice
Christian Bell
Pic related is what awaits you as you save up for a "market crash dip".
Logan Kelly
*Laughs in DC area housing prices*
Seriously, the DC area quite literally laughed off 2008.
Colton Rodriguez
This. The interest rates are the important factor unless you live in like 10 places that are insanely overvalued. I locked in a comfy 125k house in the country with fiber internet for 2.3% fixed. There is absolutely no way I get rugged, but I will have this 500 mortgage payment while they lose their asses on inflation
Joseph Kelly
Up? Buying on mortgage/leverage and then using equity as collateral for further leverage is an infinite money glitch.
You understand this right?
Liam Foster
they stay unaffordable. dont worry.
Adrian Wood
assuming you’re not in a blue shit hole; they’ll continue rising in price due to low supply
Jordan Smith
We don't have to drive, we can eat whatever crop is cheap that week but everyone needs a place to sleep.
Brody Gonzalez
they receed
Noah Anderson
these people are about to get rekt
Dylan Torres
recession is nothing compared to the next 50 years of population decline
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Lucas Sanchez
my neighbor in virginia commutes 2.5 hours to work, both ways, 5 days a week. of course, the DC sprawl has to mean the population is decreasing somewhere else...right?
Blake Reed
(forgot to say, yes she commutes to dc)
Carson Garcia
fpbp