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/biz/ - Business & Finance


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54951243 No.54951243 [Reply] [Original]

>> No.54951263
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54951263

>>54951243

>> No.54951281

imaging thinking you "own" your house when you have to pay rent (property tax) every month and your landlord (local government) tells you what you can and can't do with it

>> No.54951299

>>54951243
Millenials are without a doubt the most retarded generation. Everyone one of them is stacking cash, waiting for the sure thing housing collapse. Well guess what, its not going to crash if everyone is there to buy even the slightest dip. Real estate is in the middle of a bull run still. Maybe a dip in ~2030

>> No.54951302

>>54951281
yes but what about muh roads though

>> No.54951343

>>54951299
stacking cash is pretty retarded, but prices have come down by a lot in the past year in many places. Down like 40% from the top where I live. if that's not a crash then what is? the thing with dips though is that everyone always thinks it'll dip more so they wait.

>> No.54951389

>>54951343
Prices are still up 50% from 2020 prices in Socal meaning a 900 square foot home built in 1940 is worth 900k.

>> No.54951409

>>54951389
yeah but I'm not talking about from 2020 I'm talking about from the peak of the market which is all anyone cares about. I'm up from 2020 but way down from the peak

>> No.54951430

>>54951409
Prices should be 10-20% max higher than 2020 for "normal" housing growth which would be 3-5% per year. I'm just predicting in my headcannon that prices will dip back to 2020 levels before a recovery starts.

>> No.54951435

>>54951430
>the thing with dips though is that everyone always thinks it'll dip more so they wait.

>> No.54951437

>>54951343
>>54951409
Where are you at that prices are down 40% from the peak? Apart from places like San Fransisco which was hilariously overpriced and is collapsing from the drugs and crime nuking the downtown real estate and hence residential values. Here prices are down like....10% although I don't live somewhere popular or exciting.

>> No.54951450

>>54951435
Housing always lags. Interest rates keep climbing. Layoffs keep happening. The unique thing is nobody wants to sell because they are locked in 2-3% mortgages. Boomer die off is what we need to catalyze this crash. I own a home but still want a crash.

>> No.54951453

>>54951437
Florida. But there was a massive runup from 2021-2022 so even after dropping that much we're still above Jan 2021 prices

>> No.54951468 [DELETED] 

>>54951243
"no i don't use airbnb"
"no i don't know why my home is listed on airbnb, must be someone running a scam"

>> No.54951510

>>54951299
What world do you live in where the real estate market is going to keep chugging along until 2030? Seriously, are you out of your fucking mind? Houses are the most unaffordable they've ever been, banks are failing left and right (credit crunch), m2 is negative which always precedes a major recession/depression, etc.

>> No.54951539

>>54951243
>thing is named thing therefore it is!
Do normalfags really think like this!

>> No.54951577

>>54951299
>You're retarded if you don't buy an asset which has mooned harder than the average dogshit coin and is still lingering at ATH in most areas
>Except with now significantly higher interest rates
I'm very curious how one comes to this conclusion. I earn above median house income, but only just graduated last winter and am obviously extremely late after the post rona housing giga pump.

Do you have any logical reason to shill a millennial into buying a house, or are you just perhaps yourself an overleveraged latebuyer who's upset you ran out of dumbasses to pump your bags?

>> No.54951605

airbnb doesnt fit the description of a bed and breakfast

>> No.54951608

>>54951299
>Everyone one of them is stacking cash
Actually, a lot of them aren't.

>> No.54951748

>>54951281
this, farmers in the netherlands are learning all about this rn

>> No.54951760

>>54951299
>Everyone one of them is stacking cash
Lol, lmao even.

>> No.54951895
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54951895

>>54951539
>walks into wal-mart
no walls for sale?? cant make this shit up!

>> No.54952572

>>54951243
I hope someday to have my own land to spread my semen all over the place to bless it properly, or just build a house with whatever PAPA gives me, whichever comes first

>> No.54952654

>>54951243
Yeah and the democratic republic of north korea is both of those things because they say it is kek
renting out your house is not the same as a bed and breakfast, someone didnt do their DD, i bet he wondered by property in his county was a bit cheaper than jurisdictions that dont regulate airbnb and thought naaaah probably not worth my time thinking about. brainless retail landlords should all lose their money

>> No.54952779

>>54951243
Yea, bed and BREAKFAST. As in you have staff there and are providing a service.
kys bnb scum

>> No.54952782

>>54951302
Roads existed prior to houses even.

>> No.54953089

>>54951299
>it's afraid

>> No.54953119

>>54951299
millennials are stacking credit card debt to order doordash, dude

>> No.54953126

>>54952779
total airbnb death
>I HAVE TO CHARGE YOU ANOTHER $500 BECAUSE YOU DIDN'T STACK THE FORKS CORRECTLY!
>YOU DIDN'T MOW MY LAWN SO THAT'S ANOTHER $200
>WHY DIDN'T YOU LEAVE ME A 5 STAR REVIEW? YOU ARE BANNED FROM THIS SITE!

>> No.54953131

Literally everyone thinks real estate is going to dump. Its going to only pump from here on instead.

>> No.54953174
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54953174

>>54951299
Nom Nom Nom.... MMMM GUUUUD