Fed is printing money, inflation will continue to rise, as will home prices and all assets as we've seen the past number of years. Realtors might not be wrong when they say, "In 12 months you'll wish you would have bought this house
Posted by Vivid_Mongoose_8964
7 Comments
Gold is up 70 percent for a reason
Realtors get paid from house sale transactions. Of course they think you should buy now. It’s in their best interest.
Realtors are never wrong, don’t you know? 😂
I’m sure a lot of people want to buy homes but how can they if they can’t afford it
Real estate does not do well during hyperinflation. That’s where we are heading, I don’t give a fuck what what the pundits say, we are on the on ramp to that highway. The adults that keep the machine moving are dying off and being pushed out at every level of US government by a dementia riddled asshole and his tech. ,,……
no-chri
You’re right, but imagine, that’s just part of it.
– Every month, home owners put anywhere from a few hundred to a few thousand dollars into their principal. That’s how much more of a down payment they can handle for their next house, and the price that the market will support
– Wages continue to increase, and price to income levels are currently under the 40 year average, at 4.92
– the dollar is losing value. Since housing prices haven’t gone up, it means the crash *already happened*
– houses have significantly lagged the stock market in value increase
If there is a major correction, it will be to the upside
Inflation by itself does not guarantee asset appreciation. Real asset prices only rise when purchasing power and credit availability rise. If wages slow, lending standards tighten, or unemployment rises, asset prices can flatten or drop even while inflation is positive.