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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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File: 606 KB, 1125x1818, RDT_20230715_0916343001846261409192718.png [View same] [iqdb] [saucenao] [google]
55559116 No.55559116 [Reply] [Original]

Hahahahahahaha

Burn this whole clown economy down and start over.

>> No.55559130

>>55559116
this is just a sign of an impending crash, basically like NFTs

>> No.55559137

>>55559116
What made it increase in value by 500k in a day?

or is it money laundering?

>> No.55559141
File: 14 KB, 332x320, 1677431332788839.jpg [View same] [iqdb] [saucenao] [google]
55559141

>>55559116
>a Reddit screenshot of a Twitter screenshot

>> No.55559143

>>55559137
It's gotta be money laundering. Or some sort of abstract tax scam

>> No.55559150

>>55559141
This. The real estate market is truly outrageous but cmon OP have some standards

>> No.55559188

>>55559143
This. Cut out businesses and passing ownership around.
The mortgage lenders are probably in on the deal somewhere as well as the realtors pushing it through.

>> No.55559205
File: 1.42 MB, 640x480, 1689414171970788.webm [View same] [iqdb] [saucenao] [google]
55559205

Did you guys know they're literally making houses out of foam now? No fucking joke, vid related

>> No.55559224
File: 2.91 MB, 406x720, 1689414521474577.webm [View same] [iqdb] [saucenao] [google]
55559224

>>55559205
Even wood houses are made of such SHITTY wood now, that they're practically cardboard. And this shit will STILL cost you a fuckload of money somehow. It's a clown market

>> No.55559242

>>55559137
>>55559143
The original sale on 5/23 was likely a cash buyer just first person to show up at the house and buy.

anyone who needs a mortgage has to have a shitload of paperwork and bank related info and back and forths between agents/buyers/sellers/banks. Why normal process takes 30+ days to close.

only a small percent of people have 1mil cash on hand to buy a house , 80% of houses sold usually get a mortgage.

I lost out on a house like this during covid, seller listed at 600k, I offered full 600k but I needed a loan and the standard 30 day close period. Seller just wanted to leave asap and took the second offer which was 590k cash...

>> No.55559246

>>55559224
Most of the good wood was cut down already and the money supply has 50x'd.
What do you expect?
The market is never a clown. The participants are the clowns.

>> No.55559620

>>55559141
This. Op is the biggest niggerfaggot.

>> No.55559641

>>55559224
>multiple crosses and united states flag in the living room
Do mutts really?

>> No.55559652
File: 150 KB, 1600x1200, sideye.jpg [View same] [iqdb] [saucenao] [google]
55559652

>>55559224
>yulp

>> No.55559668

>>55559141
All the site's been for the past 7 years

>> No.55559680
File: 344 KB, 1377x600, 1267073571613.jpg [View same] [iqdb] [saucenao] [google]
55559680

>>55559205
FOAM?????????????
https://i.4cdn.org/wsg/1689432812367017.webm

>> No.55559726

>>55559680
What in the tumblr is that?

>> No.55559731

>>55559242
There are investors who mass spam homeowners offer all cash for homes that aren’t on the market. I got a text a while back asking if I was interested in selling, saying they had done a thorough analysis of my property value and were Will to offer me between x and Y depending on the result of an inspection/walkthrough. They were “willing” to handle of the paperwork to make it easy for me. Those values were just 60-80% of the Zillow estimate.

They spam that same message out to thousands of home owners hoping some old person or idiot bites, and then they immediately flip the house.

>> No.55559733

>>55559668
It started as just laughing at what normies are freaking out about, but now it's just bots that pull popular content over. Every board needs IDs now so people can see how many useless 1pbtid bot threads there are

>> No.55559743

>>55559116
Wow, he only got 1.45 millimeters for the house? I would've asked for at least a decimeter.