The housing market will NOT crash

The housing market will NOT crash.

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Except when it does

CHECKED, RAMSEY GETTING SLAMSEYED

Not intended

checked, dave's about to go bankrupt in real estate for a second time.

Kek

Why do people convince themselves real estate is disconnected from economic reality

because their livelihoods quite literally depend on it so badly that they have no other choice but to buy into their own charade
it's almost kinda tragic in a way but this is what happens when you give retards leverage when the entire economy is being propped up by picrel

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Really new to finance here, but I'm trying to understand the common wisdom's logic here.... Real estate will never be bad to invest into? Wouldn't even housing do something like this?
>Economic recession casues people to have less money for thingies.
>Houses are thingies.
>People are getting poorer than before.
>People cannot afford the absurd rising pricing of houses
>House just sit there, thus lowering price of all houses as obviously its losing money for the people trying to sell them at absurd prices
>Causes a chain reaction in which housing dramatically lower
There are other catalysts that contribute to the cycle, but can someone explain how houses supposedly never go down?

>can someone explain how houses supposedly never go down?
that's the neat part, user.
nobody can.

There are WAY too many e-celeb threads up on biz on the regular

Posting a picture of someone somehow related to business, finances, crypto, etc. DOES NOT make it a biz related thread. Most are presented like this one, with no content or discussion, just a picture of Vitalik, Sergey, this cunt, the predictions whore, or whoever else.

they do that about everything

assets don't have value without the convinced

He did a whole special explaining why prices aren't going down, faggot. Basically, millenials are all ready to buy houses en masse but there aren't enough houses to buy. Supply (artificially) low and demand (inelastic) high means prices aren't crashing. You think you're special in wanting a house? Every other millenial in the US wants one too, retard. They're going to afford them too. Don't like it? Get off welfare faggot. So much of the governments laws revolve around their implications for the housing market. They will not dump the boomers bags. They will not allow niggers to buy in to white areas. They will control supply and they will ensure prices only go up. Cope, seethe, dilate.

>They will not allow niggers to buy in to white areas.
This is the one and only reason that they will never allow housing to collapse. They're in too deep. They imported millions of third worlders to pay into their fucked social security system and to keep making the rich richer. These people were never supposed to make it, to own property, etc. They're here as slaves only.

One thing I've noticed is they don't take the whole economy into account. Most of them focus only on the housing numbers but ignore things like peoples pocket books. I really noticed it when I was hearing people say that home buyers and renters would just need to figure out how to pay the new prices. That's not how things work.

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just unloaded my house on some retard for massive (untaxed) gains, sorry your greedy dumbass is going to experience unholy equity destruction, you’ll find out what your parents went though in 08’ but far worse

>millenials are all ready to buy houses en masse but there aren't enough houses to buy.
No they are not.

So millennials buy homes with high interest rates. A recession hits and job losses start coming in, millennials lose their jobs and can’t afford their expensive mortgages anymore. You don’t think that would cause a housing market crash? Lul

> Can't stop
> can't even control own weight
Tell us all about it, fatty

>millenials are all ready to buy houses en masse
With what? Funko pops and avocado toast?
Millennials have no savings and nothing but dead end jobs since they fell off the career ladder years ago. They never recovered from the great recession. Expect zoomers to overtake them in a few years and leave them in the dust.