Welcome • User Guide
ToS • Privacy • Canary
Donate • Bugs • License

©2025 Poal.co

224

During the days of the Great Recession, rapidly falling home prices caused all sorts of havoc for our major financial institutions. Unfortunately, home prices are starting to plummet once again in many areas of the country. And just like during the last housing crash, we are also seeing a surge in foreclosure filings. That doesn’t mean that this current crisis is going to look exactly like what we experienced the last time around. But nobody can deny that there are a lot of alarming similarities between what we are going through now and what we went through during the days of the Great Recession.

Research from Zillow revealed that approximately 53% of all U.S. homes have lost value since last year, up 14% from a year ago.

`During the days of the Great Recession, rapidly falling home prices caused all sorts of havoc for our major financial institutions. Unfortunately, home prices are starting to plummet once again in many areas of the country. And just like during the last housing crash, we are also seeing a surge in foreclosure filings. That doesn’t mean that this current crisis is going to look exactly like what we experienced the last time around. But nobody can deny that there are a lot of alarming similarities between what we are going through now and what we went through during the days of the Great Recession.` `Research from Zillow revealed that approximately 53% of all U.S. homes have lost value since last year, up 14% from a year ago.`
[–] • 2 pts

The lesson should be don't buy what you can't afford and equally, don't sell if at all possible. People are being gaslighted into selling property so the 21st feudal lords can rent you into oblivion.

Using Illinois as anything other than worst case scenario is a red herring. Full of nigger politicians and a billionaire jew governor, it has the highest property taxes in the cuntry and one of the highest murder rates.

Giving illegal nons mortgages is a purposeful boondoggle to cripple a nation. As legitimate as Hillary Clinton's cattle futures.

[–] • 1 pt

Truer words haven’t been spoken!

[–] • 1 pt

Although the cost to build my place was inflated due to muh covid, it honestly doesn’t matter if I can afford the mortgage.

If you never intend to sell it then across that timeline it likely will appreciate.

That being said, it still don’t matter since it is in an irrevocable trust for some distant realities that deserve it. Cause I ain’t got anyone left.

Point being, the entire shit show is over inflated. Has been for a while. So is pretty much everything. Mainly because muh covid again. Corps are like well they tripled prices and made money so we need to. Why? Because fuck them and we need more money.

I hope this bankrupts every fucking kike on the planet.

But still mark my words: mandini is a plant by the kikes, to drive prices into the basement so they can scoop them up at discount prices and then force elect a new guy that cleans it all up and then prices skyrocket for the new New York. The jews play a long game, generational.

It’s why they tried to outlaw gas ovens. We need more gas ovens. For real this time.

[–] • 0 pt

This is a very pedestrian understanding of what happened in 2008. The events aren't similar at all other than people are now underwater on their loans. 2008 happened because of subprime lending, ARM loans that people didn't understand, and banks bundling of securities. It all came together as one big cluster fuck. What we are dealing with now is a market adjustment.

[–] • 0 pt

The outcome will be the same, no?

Also you didn’t add in all the foreclosures from the deported shitskins. That’s going to have a ripple in banking with failed loans and no one that wants the property. Well besides black rock

[–] • 0 pt

The outcome will be the same, no?

No

[–] • 0 pt

Oh really so it won’t be mass foreclosures, empty property, price reduction and then a surplus?

What will it be?