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The Largest Housing Crash Is Coming



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topics gone triple plat - Number 1 spot 3X PLAT




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 1 week ago '06        #1
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Xaiv  topics gone triple plat - Number 1 spot x31
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The Largest Housing Crash Is Coming
 

 
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 1 week ago '16        #2
Proveone  topics gone triple plat - Number 1 spot x4
Props total: 109732 109 K  Slaps total: 7076 7 K


At least not until MAYBE 2026. Those ARM loans just started going back out the door. We ain't there yet.
+26   

 1 week ago '22        #3
SeanDon122 
Props total: 12504 12 K  Slaps total: 865 865
I've already noticed houses on the market dropping their prices some in the hundreds and some in the thousands. I also noticed homes staying on the market longer. All of them? No, but more than it has been over the last few months so things are definitely gearing up for a significant change
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 1 week ago '21        #4
Popolo  topics gone triple plat - Number 1 spot x2
Props total: 6983 6 K  Slaps total: 815 815
I'm gonna need more analysis than some dude on YouTube.
+31   

 1 week ago '22        #5
Vinyl19  topics gone triple plat - Number 1 spot x2
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If there’s a crash, that’s when I buy.

+42   

 1 week ago '05        #6
pnoi89  topics gone triple plat - Number 1 spot x7
Props total: 33159 33 K  Slaps total: 3427 3 K
 Proveone said


At least not until MAYBE 2026. Those ARM loans just started going back out the door. We ain't there yet.
Lol ARM loans.

Fixed rate mortgages >>>>>

And if you’re renting, aiming for a demographic with stable income (military, retired with pension income, etc.) >>>
+6   

 1 week ago '07        #7
varun313 
Props total: 7102 7 K  Slaps total: 877 877
I noticed some overpriced a*s homes being bought when sh*t was hot

Now I see their value has dropped below that listing price by a bit smh
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 1 week ago '09        #8
sinceretx 
Props total: 361 361  Slaps total: 173 173
So keep throwing your money away renting instead of building some equity.
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 1 week ago '15        #9
Prad Bitt 
Props total: 20019 20 K  Slaps total: 1542 1 K
 sinceretx said
So keep throwing your money away renting instead of building some equity.
Not so simple, young people may need time to save for down payment not to mention you still need a cushion to own a home, can’t call landlord if you need an AC, roof, water heater, plumbing etc etc
+31   

 1 week ago '04        #10
SpyDa  topics gone triple plat - Number 1 spot x13
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 sinceretx said
So keep throwing your money away renting instead of building some equity.
So I got a question. Right now the houses are about 20% inflated.


So if you buy a house right now for 400k and put money into equity and the housing market corrects and drop 20% to about 320k. You've paid about 30k down on your loan to about 370k but the house values at 320k. Did you come out on top for buying over renting Or did you take an L?
+26   

 1 week ago '04        #11
Grisly 
Props total: 10774 10 K  Slaps total: 1147 1 K
Good I need me one of them houses

Sorry current homeowners

 1 week ago '11        #12
Suppafresh 
Props total: 10533 10 K  Slaps total: 1255 1 K
 Proveone said


At least not until MAYBE 2026. Those ARM loans just started going back out the door. We ain't there yet.
Stop the cap. There was absolutely no reason for banks to give arm loans. Interest rates where so fu*king low. Plus with lending laws almost makes it impossible to get one. This ain’t 2008. If there is a housing market crash it’s because folks are laid off. You had ti jump through so many hoops to get a loan in this market that not playing that bs again.
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 1 week ago '09        #13
sinceretx 
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 Prad Bitt said
Not so simple, young people may need time to save for down payment not to mention you still need a cushion to own a home, can’t call landlord if you need an AC, roof, water heater, plumbing etc etc
I got my first home with no money down, it was only 5 years old so still had 5 years of warranty. My boys home is almost finished being built and already worth 60k more than what he bought for and hasn't even moved in.
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 1 week ago '15        #14
Prad Bitt 
Props total: 20019 20 K  Slaps total: 1542 1 K
 sinceretx said
I got my first home with no money down, it was only 5 years old so still had 5 years of warranty. My boys home is almost finished being built and already worth 60k more than what he bought for and hasn't even moved in.
Again not the norm, you have a bias.
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 1 week ago '18        #15
ShoePacShoeKur 
Props total: 3071 3 K  Slaps total: 537 537
Nowhere in the video does he even say it’s gonna crash lol.
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 1 week ago '04        #16
youngsiz 
Props total: 7977 7 K  Slaps total: 1293 1 K
Waiting a year market is crazy right now everyone over bidding
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 1 week ago '06        #17
sunsetnVine 
Props total: 24978 24 K  Slaps total: 2247 2 K
 Proveone said


At least not until MAYBE 2026. Those ARM loans just started going back out the door. We ain't there yet.
This.. 5:7:10 years bump up this thread
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 1 week ago '21        #18
The jinx  topics gone triple plat - Number 1 spot x4
Props total: 10520 10 K  Slaps total: 3380 3 K
Nope too mant companies buying up all the properties
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 1 week ago '06        #19
sunsetnVine 
Props total: 24978 24 K  Slaps total: 2247 2 K
 SeanDon122 said
I've already noticed houses on the market dropping their prices some in the hundreds and some in the thousands. I also noticed homes staying on the market longer. All of them? No, but more than it has been over the last few months so things are definitely gearing up for a significant change
Tons of fomo sales sitting for 30-90 days now.. 15-25k drops… still not a crash tho. Didn’t have corps in the mix bk in 2000s
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 1 week ago '15        #20
dcthegod 
Props total: 172 172  Slaps total: 17 17
 Suppafresh said
Stop the cap. There was absolutely no reason for banks to give arm loans. Interest rates where so fu*king low. Plus with lending laws almost makes it impossible to get one. This ain’t 2008. If there is a housing market crash it’s because folks are laid off. You had ti jump through so many hoops to get a loan in this market that not playing that bs again.
Quoted for truth. Got my mortgage about a year ago. As an independent contractor with more than enough money for all the checkboxes and ya boy was jumpin thru rings of fire frfr
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 1 week ago '04        #21
Houston2k3 
Props total: 807 807  Slaps total: 105 105
the supply of open homes isn’t there to create that kinda squeeze like it was if you want to compare any previous time.

 1 week ago '15        #22
Fantastic 
Props total: 16251 16 K  Slaps total: 6097 6 K
 Proveone said


At least not until MAYBE 2026. Those ARM loans just started going back out the door. We ain't there yet.
The biggest mortgage backed deal ever created is currently in works with blackrock. Was reading about it yday. Even when fed is raising rates. Its some insane amount 200 billion maybe. I dumno.

Housing is immune to inflation, high low, it dont matter.

Jobs report came back solid. People can make bread they just are cutting back on a few or a lot depending on their financial situation.
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 1 week ago '19        #23
GetYaCoinsKing  topics gone triple plat - Number 1 spot x1
Props total: 60796 60 K  Slaps total: 9772 9 K
I wasn't believing it before but for the past 2.5 years i check the RE market religiously everyday and over the past 2 days for the first time i'm seeing houses DROP in price and coming back down from 300s to 200s which shocked me.

I know its still early but with foreclosures being up by 150% and these changes in the pricing of the market, I'm beginning to think that by this same time next year we should have a full blown crash; Now whether that is a 08' style crash or just the market returning to pre-pandemic prices that is still to be determined but all the tell-tale signs are there.
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 1 week ago '05        #24
pnoi89  topics gone triple plat - Number 1 spot x7
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 dcthegod said
Quoted for truth. Got my mortgage about a year ago. As an independent contractor with more than enough money for all the checkboxes and ya boy was jumpin thru rings of fire frfr
IC’s like you definitely have to go through lots of strict requirements, like 2 years of tax returns. Congrats on getting in before the interest rate increases.
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 1 week ago '15        #25
Mozart 
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Good



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