May as well buy a house now before interest rates go up any more. There won't be a crash. The longer you rent the more money you are throwing away into landlord's pockets. Just give up and get your zestimate already before its too late.
>U.S. home prices will fall 5% in 2023
>It won't be the same as a ‘price crash’ or a bubble burst
>The housing market will see home price growth decline by 5% by mid-2023
>A 5% decline would indeed be a price decrease — but it wouldn’t send housing prices into a death spiral
>It will then be followed by a “gradual recovery” to 3% annual price growth by the end of 2024.
archive ph/NLGmf
deseret.com
THERE WILL BE NO HOUSING CRASH
Chase Wood
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Robert Wood
Anytime you hear something about what an economist predicts in the news, it’s going to be the opposite. This isn’t because everyone is stupid; it’s because the news exists to tell you what to think, not report what’s happening in the world, and they don’t want you to think that you’re being robbed of your wealth. You’re welcome.
Sebastian Diaz
>Anytime you hear something about what an economist predicts in the news, it’s going to be the opposite
So economists are the same as Any Forums? Whatever Any Forums says the opposite always happens.
Austin Barnes
The Zestimate on my house just went up 0.28% to $712k. Not my problem lol!
Jace Ward
Housing only goes up. Home owners will rule over us with an iron fist until the end of time.
Landon King
exactly, the majority of smart people tells credible lies for their own self interest, because they've realized the world is shit and given up on honesty
at least on biz there's some integrity and they haven't started making their own words unquestionable yet or indulge too much in false flagging, but it's a matter of time
Ethan Williams
Getting nervous boomer? NEVER BUYING, I WILL LIVE WITH MOMMY AND DADDY FOREVER
Ryder Turner
GOTTEM
Michael Wood
>says the nervous real estate agent for the 5th time this month
I’ve been looking and seeing price cuts anywhere from 5-30k regularly on properties and watching them sit for weeks/months opposed to 24 hours like last year. I also can cherry pick articles faggot.
Kayden Wood
Why don't people unlive the CEO of Black Rock, Larry Finklestein?
Matthew Rogers
Because most people upset over the housing issue are shit talking punk ass bitches same as you.
Aiden Cook
Black rock owns 60 billion in real estate, out of 35 trillion in the entire market. This is 0.17%.
Nolan Reed
>5% fall
how can you be that retarded, they're saying with interest rates like 4x what they were a year ago, +6% for consumers PLUS insane cost of living rise means buyers will only have 5% less budget
kek so retarded
Josiah Jenkins
WEF predicts asset bubble burst in the next 3-5 years.. Yeah people buying now will be the catalyst to the housing bubble burst. High Prices and High interest rates.
Benjamin Rodriguez
Invest in bear sterns! They're great!
Owen Green
>Don't invest in assets goy!
>Live in our rented pods!
Jeremiah Rogers
In growing small/medium cities, some of these real estate corporation are buying up to 40% of lower income neighborhood.
This video has a good breakdown on why the average buyer isn't anywhere near as competition and why they can afford 70k over asking on offers.
Significantly cheaper loans through issuing bonds.
Owen Mitchell
Lol I'd cut off my left ball just to see your face when it all comes crashing down.
Dylan Mitchell
>some of these real estate corporation are buying up to 40% of lower income neighborhood.
Yeah, if you're a real estate corporation, you just buy a whole ass ghetto and now it's not a ghetto anymore and is worth 2x what you paid for it. Not a big deal unless you're a black renter though.
Jace Perez
The point is these, companies are specifically targeting low middle class neighborhoods. They're not buying up billionaire row or the upper middle class places. So the total market cap doesn't matter. They're also targeting specific type of relatively affordable cities/suburbs.
The end result will be pricing the middle class out of even more homes.
Aiden Cook
I keep telling you all that prices won't come down as long as the population increases.
And with Biden literally using the military to transfer illegals across the country, prices are only going to get worse.
Land isn't like a crypto, you can't mine more.