You will never own a home, housing prices will never come back to reasonable levels.
Yes, it will "come down", but it went up $400,000 over this period minimum and will go down by $40,000. Then after 5 years it'll shoot right back up
You will never own a home, housing prices will never come back to reasonable levels
Austin Nelson
Bentley Powell
Prices are coming down
Bentley Sanchez
Bringing housing prices down will be the Democrat running platform in 2030
Ryan Morris
Cope
Brandon Jones
>After going up over 450k in 2 years it goes down by $3000
Kek
Jeremiah Peterson
>1k cuts on a 1m property
LMAO what a retard
Luis Edwards
even though demographics are collapsing!
lawyers under bridges!
dentists five to a room!
gas station clerk Jimmy lording it over all of them because he bought in 2016!
bitcoin is going to 100k!
you rentier fucks have zero clues.
Gavin Wilson
No $1500. It will make a huge difference on a monthly payment... Right?
John Thomas
These houses are bought and sold like trading card...
Dominic Davis
subtract realtor fees and holding costs and inflation and this retard is going to lose a lot of money lmao
Evan Garcia
Who would buy a house if they're going to move 3 years later?
Connor Walker
This place was sold in March. And it is back on the market
Jack Torres
Sold in February
Back on the market in may
Eli Cooper
Sold in August 2021
Back on the market May 2022 with massive prices increase
Caleb Perry
Someone had this home for less than 2 years.
Gabriel Wilson
Listed in January
Back on the market in April
Kayden Brooks
Sold September of 2021
Back on the market June 2022
Connor Clark
Most houses did not double, but they increased 50%.
300k house is now 450k.
150k raise is made up of appreciation, inflation and increased costs. Let us ignore increased costs, because that is harder, leaving us 15% inflation and 85% appreciation.
300k house
30k inflation
120k appreciation
= 450k house
If if we say in the next 2 years housing drops 33% in appreciation and let us say inflation is 5% a year, so the true decrease will be 23%.
450k in 2 years
=$346,500
A reasonable guess for a 450k house today in 2024. .
Brandon Sanders
Sold January
Back on the market in May 25% increase
Jace Rogers
Sold July 2021
Back on the market May 2022
Josiah Mitchell
I wish. Trading cards are way more illiquid.
Alexander Hill
They are fairly close
Sold July 2021
Back on the market May 2022
Landon Green
Forgot imagine
Leo Smith
FOMO in, panic sell out. Some people are just in front of it.
Kayden Ross
It is insane seeing home being bought and sold so quickly.
James Butler
Someone else will have to explain this to me????
Tyler Peterson
>You will never own a home, housing prices will never come back to reasonable levels.
Yes I will. Left the west 9 months ago.
Jordan Hughes
Sold November 2021
Back on the market June 2022
Gabriel Baker
Saved it to check in 2 years.
David Hall
I think that's true in the short term. But by 2050+ depending on the OECD country, populations will be collapsing and there will be plenty of empty houses just sitting around. Some countries will see the population halved without huge immigration
Mason Butler
Should I move to Japan for cheap homes?
Aaron Cook
Yeah the Federal reserve has continued to artificially inflate the demand for mortgage backed securities meaning risky lending has continued and formed a bubble. It's pretty fucked and will harm GDP over the long run.
Juan Kelly
They're already cheap. The issue with Japan is getting residency.