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Housing price are about to plummet
Poast new message in this thread
Date: April 13th, 2025 11:59 AM Author: metaphysical fallow (http://www.autoadmit.com/thread.php?thread_id=5709870&forum_id=2:#48842669) |
Date: April 13th, 2025 12:04 PM Author: disco fries (his own flesh as well as all space was still a cage) Mine has already plummeted. I think it will stay at this level awhile. (http://www.autoadmit.com/thread.php?thread_id=5709870&forum_id=2:#48842677) |
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Date: April 13th, 2025 12:06 PM Author: uncrustables This is a good thing
Fuck boomers |
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Date: April 13th, 2025 12:12 PM Author: androgenital distance congress passed an exemption for boomers (http://www.autoadmit.com/thread.php?thread_id=5709870&forum_id=2:#48842688) |
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Date: April 13th, 2025 12:13 PM Author: Oh, you trade? (π§) (http://www.autoadmit.com/thread.php?thread_id=5709870&forum_id=2:#48842693) |
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Date: April 13th, 2025 12:23 PM Author: Trump Tariffs Can Do No Wrong (TDNW) (http://www.autoadmit.com/thread.php?thread_id=5709870&forum_id=2:#48842718) |
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Date: April 13th, 2025 12:56 PM Author: Taylor Swift is not a hobby she is a lifestyle (πΊπΈ π΅π±) (http://www.autoadmit.com/thread.php?thread_id=5709870&forum_id=2:#48842767) |
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Date: April 14th, 2025 3:35 PM Author: \'\'\"\"\'\'\'\" (http://www.autoadmit.com/thread.php?thread_id=5709870&forum_id=2:#48846104) |
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Date: April 13th, 2025 2:14 PM Author: That's not pep. That's not diaper. (http://www.autoadmit.com/thread.php?thread_id=5709870&forum_id=2:#48842836) |
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Date: April 13th, 2025 12:19 PM Author: @GoySuperstar on X (retired) For real though, the slow-mo housing crash has already started. If you know you know
It will hit harder or softer depending on the locality |
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Date: April 13th, 2025 9:04 PM Author: AI_concubine Please explain why like I am a mentally challenged 6 year old (http://www.autoadmit.com/thread.php?thread_id=5709870&forum_id=2:#48843875) |
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Date: April 14th, 2025 9:46 AM Author: GNOME CHOMSKY (http://www.autoadmit.com/thread.php?thread_id=5709870&forum_id=2:#48844889) |
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Date: April 13th, 2025 12:23 PM Author: Trade Wars Are Good And Easy To Win There is a massive secular demand for housing. Flat at best.
Above $750k might get beat up |
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Date: April 13th, 2025 12:24 PM Author: metaphysical fallow Yeah but what about religious demand (http://www.autoadmit.com/thread.php?thread_id=5709870&forum_id=2:#48842721) |
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Date: April 13th, 2025 12:55 PM Author: Jacking off to YouTube videos about low birthrates (http://www.autoadmit.com/thread.php?thread_id=5709870&forum_id=2:#48842765) |
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Date: April 13th, 2025 6:02 PM Author: \'\'\"\"\'\'\'\" (http://www.autoadmit.com/thread.php?thread_id=5709870&forum_id=2:#48843326) |
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Date: April 13th, 2025 8:59 PM Author: tsar booba (http://www.autoadmit.com/thread.php?thread_id=5709870&forum_id=2:#48843858) |
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Date: April 14th, 2025 8:14 AM Author: AZNgirl Tariffing Half of her Hapa Son 145% (http://www.autoadmit.com/thread.php?thread_id=5709870&forum_id=2:#48844711) |
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Date: April 14th, 2025 9:46 AM Author: GNOME CHOMSKY (http://www.autoadmit.com/thread.php?thread_id=5709870&forum_id=2:#48844891) |
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Date: April 13th, 2025 12:25 PM Author: .....,,,,,...,,,,,..,.,,,,,.,,. Hopefully
Average age of first time homebuyers shouldn’t be 40 fucking years old |
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Date: April 13th, 2025 12:43 PM Author: Oh, You Travel? ( ) It would be even older if Gen X could afford houses (http://www.autoadmit.com/thread.php?thread_id=5709870&forum_id=2:#48842749) |
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Date: April 13th, 2025 12:42 PM Author: Oh, You Travel? ( ) This will never happen in a “chill” way, it needs to be a Crash with 30m people unemployed (http://www.autoadmit.com/thread.php?thread_id=5709870&forum_id=2:#48842745) |
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Date: April 13th, 2025 9:01 PM Author: Soren "Bob" Odenkierkegaard (http://www.autoadmit.com/thread.php?thread_id=5709870&forum_id=2:#48843866) |
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Date: April 14th, 2025 9:37 AM Author: ...,....,,........ (http://www.autoadmit.com/thread.php?thread_id=5709870&forum_id=2:#48844866) |
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Date: April 14th, 2025 9:58 AM Author: GNOME CHOMSKY (http://www.autoadmit.com/thread.php?thread_id=5709870&forum_id=2:#48844927) |
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Date: April 13th, 2025 12:57 PM Author: richard clock there should be a tariff on all cash chinese buyers (http://www.autoadmit.com/thread.php?thread_id=5709870&forum_id=2:#48842769) |
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Date: April 13th, 2025 2:18 PM Author: novus homo (gunneratttt) noncitizens should not be able to own residential property. there should be a substantial penalty for vacant houses outside of seasonal vacation areas. (http://www.autoadmit.com/thread.php?thread_id=5709870&forum_id=2:#48842843) |
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Date: April 13th, 2025 2:24 PM Author: Taylor Swift is not a hobby she is a lifestyle (πΊπΈ π΅π±) Even in seasonal vacation areas, there should be no vacant houses. In fact, taxing the shit out of nondomiciliary properties would solve the problem practically overnight. (http://www.autoadmit.com/thread.php?thread_id=5709870&forum_id=2:#48842854) |
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Date: April 13th, 2025 2:30 PM Author: woah (hitler did nothing wrong) Why wouldn't your landlord pass it along in your rent? People with fucked credit and no down payment still won't be able to buy even if the market gets cut in half overnight due to that change and that much of a haircut will fuck the wider economy forever. (http://www.autoadmit.com/thread.php?thread_id=5709870&forum_id=2:#48842864) |
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Date: April 13th, 2025 2:48 PM Author: novus homo (gunneratttt) there isn't a huge demand for residential houses in those areas. rent is cheap in the offseason and there are no jobs when seasonal tourism is the primary industry. penalizing those homes won't do much to address housing scarcity.
also there's always going to be a demand for rentals. even financially stable people rationally choose to rent if they're in an area temporarily. that tax will just be passed down to the tenant.
vacant houses should be heavily taxed as a penalty and owning a SFH for use as a rental should be limited to individuals with a cap before it triggers a penalty that would make renting it unprofitable. |
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Date: April 13th, 2025 11:01 PM Author: gedood persoon this is exactly the opposite of reality in almost every respect (http://www.autoadmit.com/thread.php?thread_id=5709870&forum_id=2:#48844117) |
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Date: April 13th, 2025 11:08 PM Author: novus homo (gunneratttt) cr loads of families trying to move to the pocnos for all the non seasonal jobs there getting priced about by vacation homeowners (http://www.autoadmit.com/thread.php?thread_id=5709870&forum_id=2:#48844125) |
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Date: April 13th, 2025 3:13 PM Author: uncrustables (http://www.autoadmit.com/thread.php?thread_id=5709870&forum_id=2:#48842961) |
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Date: April 13th, 2025 9:01 PM Author: Soren "Bob" Odenkierkegaard (http://www.autoadmit.com/thread.php?thread_id=5709870&forum_id=2:#48843868) |
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Date: April 13th, 2025 2:27 PM Author: gedood persoon especially in seasonal vacation areas (http://www.autoadmit.com/thread.php?thread_id=5709870&forum_id=2:#48842860) |
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Date: April 13th, 2025 2:33 PM Author: richard clock (http://www.autoadmit.com/thread.php?thread_id=5709870&forum_id=2:#48842871) |
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Date: April 13th, 2025 9:03 PM Author: Emotionally + Physically Abusive Ex-Husband (http://www.autoadmit.com/thread.php?thread_id=5709870&forum_id=2:#48843872) |
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Date: April 13th, 2025 3:20 PM Author: Diane Rehm talking dirty (πΏοΈ ) Any property. Take it back today without compensation. Sell it on the market and pay off the national debt. (http://www.autoadmit.com/thread.php?thread_id=5709870&forum_id=2:#48842975) |
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Date: April 13th, 2025 12:57 PM Author: .- .-. . .-. . .--. - .. .-.. . Good. I have literal bags of cash from all my all cash hustles. (http://www.autoadmit.com/thread.php?thread_id=5709870&forum_id=2:#48842770) |
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Date: April 13th, 2025 2:15 PM Author: That's not pep. That's not diaper. (http://www.autoadmit.com/thread.php?thread_id=5709870&forum_id=2:#48842837) |
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Date: April 13th, 2025 12:59 PM Author: .....;;,,.........;.;.;.;.,;,;,;.;.;,; From what I can tell it’s happening in a way that is perfect for PE/large institutional buyers. If you look at desirable SFH neighborhoods that the UMC competes for it’s basically flat for a few years now, but that equates to a massive run up in prices long term because the interest rates are so high and demand in these neighborhood is almost exclusively from buyers who get a mortgage to purchase. The bottom is falling out of the middle class and lower price points, which reflects the interest rates but also the massive collapse in demand in those areas, and this is true both in places like Austin where there has been a substantial increase in building and in east coast cities and CA where there isn’t new building, but inflation and overall COL has become untenable. Even if we don’t see a massive crash GFC/depression type bottom to this market, the prices in the middle class neighborhoods have way further to drop. And once they’ve bottomed it’s obvious that PE/institutional buyers will gobble up the cheap prices and will have debt profiles that will make them impossible to move out over a 2+ decade timeline. (http://www.autoadmit.com/thread.php?thread_id=5709870&forum_id=2:#48842777) |
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Date: April 13th, 2025 1:01 PM Author: .- .-. . .-. . .--. - .. .-.. . Goys will own nothing and like it. (http://www.autoadmit.com/thread.php?thread_id=5709870&forum_id=2:#48842782) |
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Date: April 13th, 2025 1:21 PM Author: .,.;.,.;.,..;.,.;;.;.;.,.,.;.;.,.;.., Can you expand on your thoughts re debt profiles (http://www.autoadmit.com/thread.php?thread_id=5709870&forum_id=2:#48842791) |
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Date: April 13th, 2025 3:10 PM Author: .....;;,,.........;.;.;.;.,;,;,;.;.;,; I am not rich enough to have a perspective on actual wealthy neighborhoods but the ones I’ve always lived in as a UMC law drone and the ones that all of our friends and similarly UMC family live in seem to fit this same profile. Ie the typical profile for a neighborhood like this is an inner ring suburb with excellent schools. In these neighborhoods sellers are used to seeing HENRY type buyers who can typically afford large down payments well in excess of 25% but are still getting a mortgage for 60-70% of the property value, which usually means they get better interest rates and have very high earnings and banks love them. It’s much less common that an investor or ACCB or the like will be in the market pushing up prices v eg a still gentrifying market that has more value to someone selling within 5 years and less value for buyers looking for their long-term housing until kids are grown. (http://www.autoadmit.com/thread.php?thread_id=5709870&forum_id=2:#48842953) |
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Date: April 13th, 2025 3:19 PM Author: novus homo (gunneratttt) yeah. and they aren't building any more of these. the suburuban ring around cities have already been developed and UMCs aren't going to extend their commute to save a buck. maybe if remote work became more popular. until then people that can afford to live close to the city they work in and have a nice SFH, safety, and schools are going to do it. and those places are fairly insulated from economic fluctuations. it would take an ITE2 domino effect situation, and so you'd see it start hitting the LC and MC areas first. (http://www.autoadmit.com/thread.php?thread_id=5709870&forum_id=2:#48842971) |
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Date: April 14th, 2025 10:24 AM Author: .....;;,,.........;.;.;.;.,;,;,;.;.;,; It’s 80% just the schools and 15+% the safety/lack of homeless opioid zombies milling about in these areas. But the other weirdly underdiscussed factor is how pricing of elite private/prep schools has risen with college tuition in a seemingly intentional effort to price out the UMC. So eg a private school that was expensive and prestigious used to be $10k, and now it costs as much as a private university. The effect is to weed out the 300-400k annual hhi kids who don’t come from money and have only the 800+k hhi kids and/or grandparents who are legit wealthy. (http://www.autoadmit.com/thread.php?thread_id=5709870&forum_id=2:#48844987) |
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Date: April 14th, 2025 10:40 AM Author: novus homo (gunneratttt) yup. i kind of like it because i like the idea of quality public schools. but they're not building a whole lot of new elite/private prep schools so it makes sense that the price will rise. there has always been a manufactured scarcity there and they resent noveau riche UMC wagecucks infiltrating. (http://www.autoadmit.com/thread.php?thread_id=5709870&forum_id=2:#48845036) |
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Date: April 14th, 2025 10:28 AM Author: .....;;,,.........;.;.;.;.,;,;,;.;.;,; Oh I see I used that phrase re PE/large institutions. I only meant that if an investor that eg ends up with an asset by 2030 that is cashflowing 25+% of its service cost and that service cost is low bc the PE/LI buyers maximized a low price and a low long term interest rate, then there’s zero incentive to sell and every incentive to start issuing securities back by the high value receivable. This all assumes we aren’t going to completely implode and meltdown as an economy, of course. (http://www.autoadmit.com/thread.php?thread_id=5709870&forum_id=2:#48845003) |
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Date: April 13th, 2025 1:34 PM Author: ........,,,,,,......,.,.,.,,,,,,,,,, The housing market is and will continue to be pretty erratic and unpredictable.
The lock-in effect means there just are not that many units available - and that's jsut the way things are going to be for years.
With so many buyers with so few houses, houses still sell for insane prices.
Yet in my area, there's houses now which last sold in 2023-2024 which are selling for 10% or even 20% less than what they were bought for. But there are other houses which sold for crazy prices in 2024 and are selling for 10% even more now.
The market just isn't fluid or predictable. Buyers know the prices are crazy, but they used to have 10 different options to compare and now they have 1. |
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Date: April 13th, 2025 2:23 PM Author: novus homo (gunneratttt) housing prices plummeting across the board was a black swan event. it's unlikely we'll ever see something like that again in our lifetimes. especially with people locked into low interest rates and there being so much protections against foreclosure. if there was another ITE the government would just do another compulsory forbearance or something. (http://www.autoadmit.com/thread.php?thread_id=5709870&forum_id=2:#48842852) |
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Date: April 13th, 2025 2:24 PM Author: metaphysical fallow should i move to idaho (http://www.autoadmit.com/thread.php?thread_id=5709870&forum_id=2:#48842853) |
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Date: April 13th, 2025 2:25 PM Author: gedood persoon idaho is 180 and beautiful friend (http://www.autoadmit.com/thread.php?thread_id=5709870&forum_id=2:#48842857) |
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Date: April 13th, 2025 2:32 PM Author: Oh, you trade? (π§) what's going to happen when all the boomers die? (http://www.autoadmit.com/thread.php?thread_id=5709870&forum_id=2:#48842868) |
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Date: April 13th, 2025 2:37 PM Author: woah (hitler did nothing wrong) Millennials and Gen Z will be stuck paying off boomer debt forever and houses will just be sold in cash to Blackstone for renting to the permanent serf class (http://www.autoadmit.com/thread.php?thread_id=5709870&forum_id=2:#48842880) |
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Date: April 13th, 2025 2:38 PM Author: novus homo (gunneratttt) like the ancient pharohs they will narcissistically seal themselves in their mcmansions along with all their riches.
housing prices may trend down. it's supply and demand like anything else. but they won't plummet unless COVID II happens and they all die off at the exact same time. |
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Date: April 13th, 2025 2:39 PM Author: metaphysical fallow that was literally God's plan for covid I (http://www.autoadmit.com/thread.php?thread_id=5709870&forum_id=2:#48842888) |
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Date: April 13th, 2025 9:00 PM Author: mountain cat (http://www.autoadmit.com/thread.php?thread_id=5709870&forum_id=2:#48843862) |
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Date: April 13th, 2025 2:25 PM Author: tarrifs Housing prices will never stop going up, let alone "plummet" (http://www.autoadmit.com/thread.php?thread_id=5709870&forum_id=2:#48842858) |
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Date: April 13th, 2025 2:32 PM Author: Oh, you trade? (π§) (Japanesebusinessdood in 1989) (http://www.autoadmit.com/thread.php?thread_id=5709870&forum_id=2:#48842869) |
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Date: April 13th, 2025 2:44 PM Author: tarrifs They keep making new people, but ain't nobody making new houses or land. Do the math. (http://www.autoadmit.com/thread.php?thread_id=5709870&forum_id=2:#48842900) |
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Date: April 13th, 2025 2:45 PM Author: metaphysical fallow the USA has plenty of land. the problem is the pace of settlement is so quick that everything built on it will be overpriced garbage (http://www.autoadmit.com/thread.php?thread_id=5709870&forum_id=2:#48842904) |
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Date: April 13th, 2025 2:34 PM Author: metaphysical fallow Housing prices will never "go down." They will never "plummet" (http://www.autoadmit.com/thread.php?thread_id=5709870&forum_id=2:#48842872) |
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Date: April 14th, 2025 10:15 AM Author: Oh, you tirade? I will never "be charged" (http://www.autoadmit.com/thread.php?thread_id=5709870&forum_id=2:#48844961) |
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Date: April 13th, 2025 2:43 PM Author: TSINAH eating Jimmy John's in a gay bar It is very unlikely that house prices will plummet nationwide unless there is a severe recession. My guess is that housing prices will remain flat for a long time with possibly some small increases or decreases in hot/cold markets. People forget that housing prices in March of 2020 were cheaper in real terms than they were in 2005. My guess is that we see the same pattern we did in the 2010's: a long period of mostly flat housing prices. (http://www.autoadmit.com/thread.php?thread_id=5709870&forum_id=2:#48842897) |
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Date: April 13th, 2025 2:50 PM Author: .- .-. . .-. . .--. - .. .-.. . We are rocketing into a serious recession. 4% contraction this quarter. (http://www.autoadmit.com/thread.php?thread_id=5709870&forum_id=2:#48842917) |
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Date: April 13th, 2025 7:07 PM Author: TSINAH eating Jimmy John's in a gay bar Doubtful, but if this does happen, it will likely spread to the housing market. (http://www.autoadmit.com/thread.php?thread_id=5709870&forum_id=2:#48843505) |
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Date: April 14th, 2025 1:30 PM Author: .,.,...,..,.,.,:,,:,.,.,:::,...,:,...:..:.,:.::,. Total bs. (http://www.autoadmit.com/thread.php?thread_id=5709870&forum_id=2:#48845671) |
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Date: April 13th, 2025 3:19 PM Author: Afluent White Female Liberal ( ) ITT: idiots that think the global elite will ever let a 2008 style crash ever happen again The worst you’ll see from now on is the occasional 30% wipeout |
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Date: April 13th, 2025 3:21 PM Author: metaphysical fallow rates are at 7.5% (http://www.autoadmit.com/thread.php?thread_id=5709870&forum_id=2:#48842977) |
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Date: April 13th, 2025 8:26 PM Author: .,.,...,..,.,.,:,,:,.,.,:::,...,:,...:..:.,:.::,. Which is exactly why housing values won't plummet. Rate cuts will cause a big rise in demand and values. (http://www.autoadmit.com/thread.php?thread_id=5709870&forum_id=2:#48843736) |
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Date: April 13th, 2025 9:19 PM Author: Glory is fleeting, obscurity is forever Explain (http://www.autoadmit.com/thread.php?thread_id=5709870&forum_id=2:#48843918) |
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Date: April 14th, 2025 8:13 AM Author: hours-hungry BILLPIG Mortgage rates dropping from 7% to 5% means the bro who would have bought the $600k place can now afford the $800k place. The people who were renters can now afford the $400k place. But in a recession "consumer sentiment" also declines so even people who have jerbs are less eager to buy. (http://www.autoadmit.com/thread.php?thread_id=5709870&forum_id=2:#48844710) |
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Date: April 14th, 2025 8:20 AM Author: uncrustables What about if they go from 7% to 10%? (http://www.autoadmit.com/thread.php?thread_id=5709870&forum_id=2:#48844719) |
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Date: April 14th, 2025 11:47 AM Author: .,.,...,..,.,.,:,,:,.,.,:::,...,:,...:..:.,:.::,. tcr (http://www.autoadmit.com/thread.php?thread_id=5709870&forum_id=2:#48845260) |
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Date: April 14th, 2025 11:50 AM Author: Trade Wars Are Good And Easy To Win Cr. 7.5 percent really puts the fed in the driver’s seat (http://www.autoadmit.com/thread.php?thread_id=5709870&forum_id=2:#48845269) |
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Date: April 13th, 2025 11:03 PM Author: Louis Poasteur (http://www.autoadmit.com/thread.php?thread_id=5709870&forum_id=2:#48844120) |
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Date: April 13th, 2025 9:19 PM Author: The Glory of the Written Word (Housing price CEO) (http://www.autoadmit.com/thread.php?thread_id=5709870&forum_id=2:#48843921) |
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Date: April 14th, 2025 9:42 AM Author: blow off some steam (http://www.autoadmit.com/thread.php?thread_id=5709870&forum_id=2:#48844874) |
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Date: April 14th, 2025 9:41 AM Author: Brussels Sprout: Brussels,Helsinki,Stockholm,Kyiv (king of wishful thinking) (http://www.autoadmit.com/thread.php?thread_id=5709870&forum_id=2:#48844872) |
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Date: April 14th, 2025 9:43 AM Author: animeboi (.) All the RE doom youtubers are saying that prices are crashing right now. (http://www.autoadmit.com/thread.php?thread_id=5709870&forum_id=2:#48844878) |
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Date: April 14th, 2025 1:47 PM Author: gedood persoon Isn't that what they always say (http://www.autoadmit.com/thread.php?thread_id=5709870&forum_id=2:#48845754) |
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Date: April 14th, 2025 4:05 PM Author: woah (hitler did nothing wrong) they correctly predicted 38 out of the last 3 recessions (http://www.autoadmit.com/thread.php?thread_id=5709870&forum_id=2:#48846223) |
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Date: April 14th, 2025 9:44 AM Author: lfo Inshallah (http://www.autoadmit.com/thread.php?thread_id=5709870&forum_id=2:#48844880) |