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Sorry but the prices of homes will Never EVER go back to 2019 levels because of...



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 3 months ago '08        #1
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GoldBluded  topics gone triple plat - Number 1 spot x20
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Sorry but the prices of homes will Never EVER go back to 2019 levels because of...
 

 


Cliffs:



All of the demand and increasing inventory can't beat this one thing called

Inflation

The damage has been done.

There is no going back to those (2019-) prices.

Prices will drop but you know what else has dropped your purchasing power.

In certain markets it can happen but for the majority you will never see that price again.

Even if it does interest rates will eat up the deal.
+21   



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 3 months ago '06        #2
jccd5. 
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See how this sh*t plays out. Bookmarked
+6   

 3 months ago '08        #3
Kewop Decam  topics gone triple plat - Number 1 spot x1
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Hmmmm, one thing I can say is a lot of the prices for houses today where the exact same in the early 2000s.

I think they could drop and inflation could be the cause. There will be a point where very little can buy and you can't rent them all
-3   

 3 months ago '05        #4
pnoi89  topics gone triple plat - Number 1 spot x9
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 Kewop Decam said
Hmmmm, one thing I can say is a lot of the prices for houses today where the exact same in the early 2000s.

I think they could drop and inflation could be the cause. There will be a point where very little can buy and you can't rent them all
Maybe in your area.

Prices out here in Colorado, even with things slowing down and dipping, are pretty much back to preCOVID 2020 prices, which isn’t saying much.

All houses are essentially more than doubled compared to a decade ago still. And much more when compared to the early 2000’s….

 3 months ago '18        #5
iTrap  topics gone triple plat - Number 1 spot x4
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Thank ByeDone Goofy a*s ����



-2   

 3 months ago '04        #6
qutaboi225  topics gone triple plat - Number 1 spot x17
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 iTrap said
Thank ByeDone Goofy a*s ����



You smarter than that trap. That's not how inflation works. Sleepy didn't spend 26 Trillion and print 8.6 in one year. We're paying for Cheetoh Printing money. Now to be fair.....sleepy ain't doing sh*t to help it or stop it. Not sure he can. Federal Reserve is milly rocking this bi*ch. Powell is the Captain now.
+5   

 3 months ago '06        #7
RAZAH CUTS  topics gone triple plat - Number 1 spot x84
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why hasn't the housing market crashed again,... lol
+1   

 3 months ago '08        #8
606robin 
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 RAZAH CUTS said
why hasn't the housing market crashed again,... lol
Because the government and banks invested in homes vs staying in the lane of mortgages (legit or janky) vs 2008. They hold power with lobbyism. Hence, why no type of real effort was given to fix.

 3 months ago '17        #9
LostTenets  topics gone triple plat - Number 1 spot x52
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So they tell me, rentals defeat interest rates

BUT

if/when interest rates do go back to normal, you don't know how long it can take

Yeah/no/why

 3 months ago '11        #10
datniccamoose 
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It will drop for a few years then go back up it will never ho backwards the cost of everything only increases
+2   

 3 months ago '13        #11
bx to the tx 
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I was broken then and I’m broke now. Ain’t sh*t changed.
+3   

 3 months ago '11        #12
Joseph  topics gone triple plat - Number 1 spot x1
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This recession is gonna get real next year.
+5   

 3 months ago '08        #13
Kewop Decam  topics gone triple plat - Number 1 spot x1
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 Joseph said
This recession is gonna get real next year.
Foreclosures and unemployment will explode.
+4   

 3 months ago '05        #14
pnoi89  topics gone triple plat - Number 1 spot x9
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 RAZAH CUTS said
why hasn't the housing market crashed again,... lol
Aren’t you in Colorado, fam?

People continue to keep moving here, making things nearly impossible to live affordably on your averages wages out here, sadly.

 3 months ago '05        #15
pnoi89  topics gone triple plat - Number 1 spot x9
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 Kewop Decam said
Foreclosures and unemployment will explode.
What is causing unemployment to increase?

 3 months ago '17        #16
tu calmas  topics gone triple plat - Number 1 spot x1
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Financial services companies buy houses & can afford to wait until they make a profit on rent so they heavily overpay. Case closed

 3 months ago '06        #17
RAZAH CUTS  topics gone triple plat - Number 1 spot x84
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 pnoi89 said
Aren’t you in Colorado, fam?

People continue to keep moving here, making things nearly impossible to live affordably on your averages wages out here, sadly.
what does that have to do wit the question I asked?

 3 months ago '05        #18
pnoi89  topics gone triple plat - Number 1 spot x9
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 RAZAH CUTS said
what does that have to do wit the question I asked?
You’re asking why it hasn’t crashed… demand continues to be high even though it’s stabilizing finally, at least in Colorado.

Or when you say crash, you’re talking about pre-2013 prices, which will never drop down that low again.



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