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I dont see the feds destroying the US housing market since that would wipe out a lot of cash and derivatives in the process, completely disastrous to say the least. So really, I foresee a panic sale or panic buy as people scrounge up based off the fear of missing out, followed by a cash injection by the feds which will cause the prices to shoot back up. Essentially the opposite of a dead cat bounce

I dont see the feds destroying the US housing market since that would wipe out a lot of cash and derivatives in the process, completely disastrous to say the least. So really, I foresee a panic sale or panic buy as people scrounge up based off the fear of missing out, followed by a cash injection by the feds which will cause the prices to shoot back up. Essentially the opposite of a dead cat bounce

(post is archived)

[–] • 6 pts

As long as Blackrock & Vanguard are being given endless supplies of FEDBUCKS FIAT to buy properties, the price of properties will remain relatively stable at current levels - probably with marginal increases, regardless of market conditions.

As soon as Blackrock & Vanguard stop getting endless free FIAT to gobble up properties, and/or they decide to take that FIAT and invest it into something else (energy is the current next target on the hitlist), the above statement will probably hold true.

We have no economic rules or functional economy. Everything is fake, propped up by other things that are fake, used to justify stealing from people with artificial debasement of currency (taxes, money printing, picking winners, etc).

Enjoy your stay on Prison Planet. You can't get off the ride, but you can choose to leave at any time.

[–] • 3 pts

They're definitely going to shoot up, no doubt about it, the reason why I know is that I sold a home at the end of summer. I didn't want to pay the upkeep all winter just to risk trying to sell it again next spring in another Biden economy, THEREFORE, prices will rise because the market always responds the opposite of how I play it... it's observable SCIENCE!

[–] • 1 pt

1) there is currently a shortage of houses in many places and a surplus in a few. In the places of surplus they will fall. In the areas short they will reflect the job situation and stay strong. 2) the cost of building a home is way more than buying a used home. Zoning, permits, the cost of well septic or hooking up to the existing grid is a gut punch compared to just a decade ago. Add to that all the new environmental laws and codes and the cost to build will keep prices up. 3) for every skilled blue collar man retiring they are being replaced by two. That is driving up wages of those who can only produce what their bodies can do in a day can only do so many bricks, roof shingles, toilet installs or brake jobs. Their salaries will always buy them a middle class house so that is the benchmark for pricing. 4) Traditionally people moved up, raised their kids in a big house and then downsized opening up their old home for a younger family to raised their kids. Because the cost of building is so high no one is building homes for retirees anymore and these folks are staying in their big houses till the die or finally move to florida or a nursing home.

Basically, home prices may dip but the cost of building new is going up not down which means that housing is a sound investment, although you need to wait and for a lull in prices and interest rates if you have a decent place to live now.

[–] • 1 pt

well, if the fake jab is as effective as supposed in killing half of the people (in about five years)

there is going to be a serious flow of properties on the market

no, selling them to africans is not an option, it will just nuke the whole lot

[+] [deleted] • 0 pt
[–] • 1 pt

Go for a drive and see if new homes are being built. Look on realtor websites.

[–] • 1 pt

I work in the industry , houses are going up everywhere in the SE.

[–] • 1 pt

I live in a camper van and driving around I've seen them put up an entire city in the greater Salt Lake area in 6 months. When I was up there just 2 months ago in the span of a long weekend I kid you not they added an entire neighborhood to a place just outside of Saratoga Springs Utah. And they are the most ugliest row houses I've ever seen. And people buy them which is even crazier. They're not even trying to hide the fact that these are worker pods anymore.

[–] • 2 pts

I supply lighting for new construction . It's hilarious that these houses have windows over the kitchen sink that look out to the siding of the next door house 4.5 ft away . They are generally 3 bed 1.5 baths

[–] • 0 pt (edited )

It always goes up long-term, and it always will unless there's a huge, unexpected population crash. Interest rates determine the speed with which it increases because people operate based on the payments, not the price.

The payments on a $450,000 loan two years ago are the same as a $280,000 loan today.

[–] • 0 pt

Houses are overpriced but it's not going to go down. Maybe when the Vax start dropping like flies we can expect a shock but BlackRock and vanguard will be first in there with no competition. Property enslavement is the best enslavement...

[–] [deleted] • 0 pt

They've been on the rise along with sales in spite of new mortgage apps on the decline.

[–] • 0 pt

The intention IS to wipe out the economy, so people like Biden , Buffet, etc who are insulated from these ups and downs, can buy on the cheap, and maximize profits.

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