This one simple fact explains the housing market collapse!
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9 Comments
reep demand knows i hold dogecoin
Not around here. Plus it's not like 08. Gov will bail out banks loans this time. Lark is from NZ not America and has no idea what's going on in AZ, CO, ID or any other state that's booming. Plus repos are not happening like 08
People are not buying homes for a good reason and that does not mean it translates to a good time to buy.
Bearish engulfing candle. Down we go. This was a fake pump
My problem is that i am out of funds i can spend on purchasing more crypto, and when i ask for loans from people, they think I'm nuts, 🙁 So many times I've asked people for funds and been proven correct, but they still don't listen…
Does property ever go down? I mean I’ve yet to see any of the homes around my state drop in price in the last 10 years.
I’ll be looking next year for sure oki
look at your state market since june. here in arizona, i have been following closely as we were trying to buy early this year. properties that were marked "sold" are back in the market (rate increase means those buyers cannot afford the payments). houses bought in june in mesa, are now reduced -100k. the buyers (investors) that bought in june for 650k on a home are now listing same house for $599k so they are at a loss. i see the prices going down to a more reasonable price within the next 2 years.
This was always the elites plan – mega corps are buying up property in cash