Housing Prices Plummeting (link)
| gunner's world -- crawling toward cheddar bay | 06/21/24 | | ""'"''"" | 06/21/24 | | gunner's world -- crawling toward cheddar bay | 06/21/24 | | ....,.,.;;;,.,,:,.,.,::,...,..,:,..,.. | 06/21/24 | | Oh, you travel? | 06/21/24 | | \'\'\"\'\'\'\"\'\'\'\"\' | 06/21/24 | | ...,,..;...,,..,..,...,,,;.., | 06/21/24 | | gunner's world -- crawling toward cheddar bay | 06/21/24 | | ...,,..;...,,..,..,...,,,;.., | 06/21/24 | | ...,....,,........ | 06/21/24 | | gunner's world -- crawling toward cheddar bay | 06/21/24 | | ...,,..;...,,..,..,...,,,;.., | 06/21/24 | | gunner's world -- crawling toward cheddar bay | 06/21/24 | | ...,,..;...,,..,..,...,,,;.., | 06/21/24 | | gunner's world -- crawling toward cheddar bay | 06/21/24 | | ...,,..;...,,..,..,...,,,;.., | 06/21/24 | | gunner's world -- crawling toward cheddar bay | 06/21/24 | | ...,,..;...,,..,..,...,,,;.., | 06/21/24 | | gunner's world -- crawling toward cheddar bay | 06/21/24 | | gunner's world -- crawling toward cheddar bay | 06/21/24 | | richard clock | 06/21/24 | | Just your average poaster | 06/21/24 | | gunner's world -- crawling toward cheddar bay | 06/21/24 | | .;:..;:.;.:.;.,,,..,.:,.;....;,;;;..;,..,,.,,...., | 06/21/24 | | Just your average poaster | 06/21/24 | | .;:..;:.;.:.;.,,,..,.:,.;....;,;;;..;,..,,.,,...., | 06/21/24 | | dat snoot | 06/21/24 | | Just your average poaster | 06/21/24 | | dat snoot | 06/21/24 | | Just your average poaster | 06/21/24 | | pwnpwnpwn | 06/22/24 | | .- .-. . .-. . .--. - .. .-.. . | 06/22/24 | | pwnpwnpwn | 06/22/24 | | dat snoot | 06/22/24 | | ,.,.,:,,:,..,:::,...,:,.,.:...:.,:.::. | 06/22/24 | | pwnpwnpwn | 06/22/24 | | ,.,.,:,,:,..,:::,...,:,.,.:...:.,:.::. | 06/22/24 |
Poast new message in this thread
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Date: June 21st, 2024 2:14 PM
Author: ....,.,.;;;,.,,:,.,.,::,...,..,:,..,..
Didn’t click the op link but supply and demand are the two levers. Both can go down and prices can go up
(http://www.autoadmit.com/thread.php?thread_id=5543633&forum_id=2...id#47766695) |
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Date: June 21st, 2024 12:42 PM
Author: ...,,..;...,,..,..,...,,,;..,
ACCBs and ACB(oomer)Bs
(http://www.autoadmit.com/thread.php?thread_id=5543633&forum_id=2...id#47766530) |
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Date: June 21st, 2024 12:48 PM
Author: ...,,..;...,,..,..,...,,,;..,
guy who gave up a 2.125% mortgage here sup
(http://www.autoadmit.com/thread.php?thread_id=5543633&forum_id=2...id#47766557) |
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Date: June 21st, 2024 12:55 PM
Author: ...,,..;...,,..,..,...,,,;..,
correct. it's a cheap house and having a 2.125% mortgage on a cheap house isn't that big of a deal, and not worth the effort of having to rent it out. renting out one house and having no diversity is retarded.
(http://www.autoadmit.com/thread.php?thread_id=5543633&forum_id=2...id#47766578) |
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Date: June 21st, 2024 12:59 PM
Author: ...,,..;...,,..,..,...,,,;..,
this isnt a HCOL area
(http://www.autoadmit.com/thread.php?thread_id=5543633&forum_id=2...id#47766589) |
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Date: June 21st, 2024 1:48 PM
Author: ...,,..;...,,..,..,...,,,;..,
plus im jewish. i cant fix shit myself. nor do i have the time - 2 little kids. prole ethnics do good as slumlords bc they can fix shit themselves and they dont value their time. any minor repair wipes out your entire month's profit.
tenant vacates and property sits idle for a month while you rent it? there goes a lot of profit.
(http://www.autoadmit.com/thread.php?thread_id=5543633&forum_id=2...id#47766661) |
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Date: June 21st, 2024 2:27 PM
Author: ...,,..;...,,..,..,...,,,;..,
yeah, our slumlords have scale and diversification to make it work.
that's why some jew slumlord is much more successful than some armenian sleazebag thinking he's gonna get rich off some 4-plex he bought w his life savings
(http://www.autoadmit.com/thread.php?thread_id=5543633&forum_id=2...id#47766724) |
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Date: June 21st, 2024 2:05 PM
Author: .;:..;:.;.:.;.,,,..,.:,.;....;,;;;..;,..,,.,,....,
Just wait 2 centuries
(http://www.autoadmit.com/thread.php?thread_id=5543633&forum_id=2...id#47766676) |
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Date: June 21st, 2024 3:54 PM Author: Just your average poaster
People think that falling rates will lead to higher housing prices -> people decide to sell after first rate cut -> new listings puts downward pressure on prices -> housing prices drop -> economy crashes because people stop spending because they don't feel wealthy anymore
Higher mortgage rates haven't broken house prices because no supply
(http://www.autoadmit.com/thread.php?thread_id=5543633&forum_id=2...id#47766927)
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Date: June 21st, 2024 4:01 PM
Author: .;:..;:.;.:.;.,,,..,.:,.;....;,;;;..;,..,,.,,....,
Lol
(http://www.autoadmit.com/thread.php?thread_id=5543633&forum_id=2...id#47766945) |
Date: June 22nd, 2024 9:06 AM Author: pwnpwnpwn
This is all obviously very localized. The market in Austin or Boise is tremendously different than Great Neck NY, Darien CT, or Palm Beach FL. Prices seem to be more interest rate sensitive and coming down in most normal/non-HCOL areas, but inventory is still low. In HCOL areas, shit is preposterous. In Greenwich CT, the median listing price in May was $3.5MM and the median sold was $2.1MM. In 2019, the median sales price was $1.678MM. So an increase of $400K in five years in a market that was considered to be mature (if not moribund).
Palm Beach inventory is 30% below its historical average, and the median sale price in Palm Beach county is almost 2x what it was in 2019.
(http://www.autoadmit.com/thread.php?thread_id=5543633&forum_id=2...id#47768474) |
Date: June 22nd, 2024 10:19 PM
Author: ,.,.,:,,:,..,:::,...,:,.,.:...:.,:.::.
weird how nothing is being "done" about any of this, or even seriously discussed. heh.
(http://www.autoadmit.com/thread.php?thread_id=5543633&forum_id=2...id#47770293) |
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Date: June 22nd, 2024 10:27 PM
Author: ,.,.,:,,:,..,:::,...,:,.,.:...:.,:.::.
stfu, retard
(http://www.autoadmit.com/thread.php?thread_id=5543633&forum_id=2...id#47770300) |
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