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[–] • 0 pt

I believe we're witnessing a de-globalization right now. This usually leads to war.

I'll tackle hyperinflation. For reference, take a look at a post I wrote about money, currency, crypto, inflation. This has been going on for some time already. We're simply living at the point it's accelerating where it's very visible. Eventually, every fiat currency will go to zero.

The housing market will be very volatile as people flee cities to rural areas and vaccinated people die off, leaving empty housing stock behind. In some democratic controlled areas, housing prices will fall while sane areas will sky rocket. I fled the city 2 years ago and I've seen my house price increase 30% already.

[–] • 0 pt

No economist here but there are some constant to know

  • House demand is driven by people wanting to buy, if population is reduced (see vaccine kills)
  • Jew may wish to "buy cheap housing" with monopoly money, there is a quick solution to that, tax a perrcentage of value of the house for anyone (person or company) holding more than three houses

Expect the second to be hotly contested

[–] • 0 pt

How will this affect the cuck economy? Will Bulls be of less value? WIll bedroom closets be unmanned as the dollar inflates and loses value?

Seriously, though: Not that many people died from Covid.

[–] • 0 pt

People are not dying of covid, they are dying/having problems with the vaccine....

My humble point of view is that you should have a house closer to work and pay it up asap

Basically, a loan is just a way to give money to the jew

If you wish, I found this https://t.me/currency_ora/3

[–] • 0 pt

I have a piad off co-op apartment. I am looking to buy a condo that I can put my mother in. Thanks.

[–] • 0 pt

If interest rates go up and the money supply tightens you may not be able to take advantage of prices going down and your monthly payment could stay the same. 190 mortgaged at 4.5% is the same as 160 mortgaged at 6%, 250 at 4.5 is the same as 210 at 6, and so on and so forth as sale prices and interest rates climb.

So yeah even if you had to borrow 300k to buy at the peak of pricing and the valley of interest, you're still better off than when rates hit 6 even if the price drops by 70k. The housing market finds its level based off the surrounding area's capacity to make the payments.

[–] • 1 pt

I’m not really concerned with the interest rates—more the housing prices. I am looking to put at least 80% down and pay it off ASAP or buy outright.

[–] • 0 pt

Sounds like you could take advantage of falling prices. Don't know what the bottom of the market adjustment will be if interest rates continue to rise but I kind of proved with math how if interest rates hit X level the prices have to drop to Y in order for the monthly payments to even out. Maybe try for 3-4 months after rates hit 6, which if the fed pushes another 5 hikes this year should happen by November so your target window is Feb-Mar 2023 plus or minus two weeks.

The real head's up is check to see what the government is doing with taxes, that could dry the market up real quick if you're not careful.

And absolutely don't rely on me for financial advice.

[–] • 1 pt

Yeah, that is true. A rate hike drops housing prices, but this is a weird time to be an American. As far as taxes go, I am looking to buy a mid-sized condo in a suburb of like a 2nd tier city. It is something to consider, but not an immediate concern.