I live with my parents and would like to buy a property. Should I buy one now or wait?
I can see the arguments for each side but I want Any Forums's take
Buy a House Now or Wait?
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Wait. The bubble is going to crash so badly once interest rates rise enough and people default.
Retard zoomer here who's never experienced a crash properly, is it just the US housing market bubble that goes or is there a worldwide ripple effect?
Hard to tell if it's world-wide but US and west EU are very likely to get killed.
If the market crashes just like BTC currently is and central banks increase interest people will default because they have neither cash nor assets to pay.
Looks comfy, I'd buy
US provides liquidity for the globe every market crashes but Australia apparently.
Wait.
Wait.
Meet Kevin is scarring me
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Everyone wants a house and the supply is low, why would the price go down?
Never listen to financial youtubers and especially don't listen to meetkevin.
Australia is going to crash too this time - its already happening with RBA jacking up IR constantly.
While I am not willing to give advice on when to buy without knowing factors, there is a real possibility many of the people who want to buy a house right now will soon not be able to afford to, user
I don't know what's it like in the US, but I live in the centre of a European capital and half the apartments have been empty for years which means that either people are not interested or people can't afford it. Construction is thriving in the outskirts so I presume it is the latter. My building has 9 apartments and at one point there was only like 2 of those that had inhabitants. Everything is so overpriced.
>everything crashing
>normies can no longer afford to drive
>huge energy and sillicon shortages just starting
>food prices through the roof
>new builds being thrown up faster than tents for the last 5+ years
>interest rates highly likely to increase
DOES THIS SOUND LIKE A SITUATION WHERE ANYONE CAN AFFORD A HOUSE user
>>new builds being thrown up faster than tents for the last 5+ years
No they aren't. And at most prices increase slow down, people here expecting another crash are just in for disappointment
Sounds like I should save every penny
European cities are absolutely fucked. The prices can and probably will go higher although no one can afford anything as it stands. There is so much corruption going on and people are getting fucked. There will come a point though were people just cannot make ends meet so there will be no more point in working anyway unless there are big changes. Either that or just become a colder california and do heroin on the pavement and live under bridges
Sounds like homeowner cope to me. Housing prices have been overheated for a long time. Now we’re about to witness a situation where nobody will be able afford mortgage payments, on top of the coming rate hikes and job losses. People said this exact shit in 2008 and were wiped out. The situation right now is even worse and the Fed’s only move is to cause a horrendous recession to save the dollar.
>inb4 Black Rock
Institutions still only account for a small percentage of home buys
>>inb4 Black Rock
>Institutions still only account for a small percentage of home buys
Hello (((black rock))) employee
>"Prices will go down!!! They just will"
Okay dude any day now
They are literally going down now