What the hell is going on? How is this sustainable?
Housing prices
Connor Ross
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Ryan Clark
>fed prints 4x the total monetary supply
>governemnt gives 80% of that to corporate friends
>government forgives the loans
>corporate friends buy single family homes with free money
yes, op, it is sustainable
Julian Lee
relax. The median house price dropped 4.6% last month. It's coming down
Daniel Reed
Its not.
Thats why 30% price cuts to oversold markets have rolled out over the last 3 months.
Good example are certain areas of Phoenix and its suburbs.
We had a good thread about a week ago of an user showing those types of price cuts from the peak in Mesa AZ , a massive brown shithole suburb.
Here is an example, look at these kike house flippers try to get out before they go underwater when 3 months ago they were hoping for $100,000 profit off a basic remodel:
zillow.com
Worst I've seen so far in this area is some dumbass flipper -27% down from his initial investment plus whatever the cost of the basic-bitch renovations done by unlicensed mexicans were.
Its fucking hilarious and I love watching the prices drop every week.
Jace Garcia
It could be worse for them too. Did you know half of all Canadians have an adjustable rate mortgage?
Angel Sullivan
lmao here's another
Brody Morgan
Two more weeks
Nathan Sullivan
The Zestimate is all-knowing, omnipotent, and metaphysical honey
Liam Morgan
It's not. The crash is happening
Cameron James
everyone wants the housing market to crash which is how you know it will never happen
Ayden Bell
Buy high sell low.
Cooper Hernandez
money printing hasn't reached paychecks yet
Jose Williams
The only thing unsustainable in the housing market is your bearishness
Xavier Collins
Now zoom out
Daniel Collins
Its not. Bubble gonna burst. Again.
Jordan Morgan
This. I am betting against a housing crash. People are just too confident one will happen.
Anthony Torres
It's not but it's what happens when everyone needs a place to live and there is low supply. Also, 90% of people probably couldn't afford the house they live in. Not because they bought something they couldn't afford, but because they bought awhile ago and the price went up. It's sucks if.you got priced out. It'd real nice if you bought in a decade ago and longer. Real nice. Know the cycle or forever remain a nigger.
Leo Powell
housing crash would be a horrible thing.
jew slumlords will buy up houses for cheap and rent them out to section 8 niggers, and neighborhood goes to shit.
Tyler White
God this kind of shit makes my dick hard. I'm all for capitalism and shit, but it gets to the point where the parasites need to get what's coming to them. People who magically be ame "investors" and flippers over the last 2 years are just as bad as loser who flip meme coins and think they're "traders".
Brandon Brown
BUBBLES NEVER BURST
Lincoln Turner
pic rel shows that the market will never go back to normal
Brody Young
the fuck you say to me karen?
Isaiah Bell
Will inflation-adjusted prices ever go back to pre 2000s levels?
Tyler Rogers
its not and its in the process of crashing right now. this is 2006