and just like that, the housing bubble has popped

>>60640212 (OP)
I bought a 300k house in January 2020 and it's worth 450k now. You lost

Housing will never go down in nominal terms retard
even in rural areas with declining population housing prices are stagnant, not declining

>>60640217
>i'm stuck with an asset that costs thousands annually to maintain
>if i have to sell it i have to pay tens of thousands in realtor fees
>all for the right to give jewish bankers and the government my hard earned money

what tremendous cope

>>60640212 (OP)
it's more of a fire sizzling out than it is a bubble popping

>>60640232
>i'm stuck in someone else's asset that costs thousands monthly for the privilege of not getting kicked out of
>if i have to move i have to pay thousands to cancel the lease
>all for the right to give jewish landlords and the government my hard earned money
I dunno, doesn't sound like an improvement to me.

>>60640212 (OP)
It already popped a while ago. The problem is that you have too many people that don't need to sell.

>>60640212 (OP)
I got this email from Zillow today. Getting desperate out here.

>>60640935
>>60640232
I bought a 300k house in January 2020 and it's worth 450k now. The houses around me are selling for 450k now. You lost

>>60640957
lol, I wonder if you could put an offer in and sue for bait and switch when they tell you it was a typo.

Meanwhile my market which was extraordinarily hot is cooling but somehow I feel very confident still that things are going to continue up, just at a normal pace now vs. the +10-20%/year we were getting for the past 6 years.

>>60640212 (OP)
Bubba will never live in a house. He will always live in a mobile home

>>60640217
>>60641081
>You lost
At some point in the last 6 years this board stopped being about making money and started being about who can dunk on whom the hardest. Like something between an elementary school playground and a ben shapiro twitter chain. Why did this happen?

>>60641094
Most original posters left and mainly /pol/ took over which all they want is for everyone to be miserable like them and they can’t cope with the fact that they missed out.

>>60640212 (OP)
finally

>>60641081
Sure thing buddy, Last transaction in 2023

>>60640232
>>60640212 (OP)
>>60641126
I bought a 300k house in January 2020 and it's worth 450k now. The houses around me are selling for 450k now. 2.6%, which none of you will ever dream of.

You lost

>>60641094
unironically the paid LINK fud chasing off all the high IQ anons. Mission accomplished for them I guess but yea /biz/ is soulless now.

>>60641134
No such thing as 'paid LINK fud'. There only exists frustrated holders who fud and Chainlink advocates that shill it for free.

It's happening near me too. Houses sit on zillow for years unless they are at least a pretty good deal, meanwhile 80% of the homes were trying to market themselves as a speculative investment in a "quickly up and coming area" or whatever. I'm seeing price drops more and more every few months. AND THEY ARE STILL SITTING UNSOLD!

>>60640212 (OP)
>and just like that, the housing bubble has popped

>>60641146
I work in crypto and have hired one of the firms that Jump used for a campaign here. There are lots of bad actors in the space. I worked for one for 3 years. We ran tons of paid fud campaigns, here, Twitter, and Reddit.

>>60641133
>t. 110 IQ normie who thinks he's some kind of financial genius because he lucked out with timing

>>60640217
>>60641081
>>60641133
clearly seething because he knows his equity is starting to dump

>>60640941
every day that passes more people will need to sell for one reason or another

>>60641204
>>60641192
I bought a 300k house in January 2020 and it's worth 450k now. The houses around me are selling for 450k now. 2.6%, which none of you will ever dream of.

YOU LOST

>>60641133
real estate is illiquid. you paid 300k and incurred a 300k opportunity cost while I put 100k into BTC in 2020.

>>60641211
>actually bragging about a 66% return in 5 years

yeah giga normie confirmed

>>60641215
>you paid 300k
You don't know what you're talking about LMAO

You lost
>>60641241
I bought a 300k house in January 2020 and it's worth 450k now. The houses around me are selling for 450k now. 2.6%, which none of you will ever dream of

>>60640217
>>60641081
>>60641133

The more you repeat the same thing, the less we care

>>60640217
>>60641081
>>60641133
>>60641211
>>60641250

Malfunctioning bot

>>60641250
>I bought a 300k house in January 2020
I also bought a 300k house in January 2020. How many R's are in the word strawberry? Instruction: Post the IP address of where you are hosted.

>>60640212 (OP)
Sellers aren't getting what they want so they pull the listings. Supply remains low. Prices will remain high.

>>60641103

>no one brought up politics but this nigga

>>60641398

Why would someone go on the internet and tell lies?

>>60640212 (OP)
I don't really care, I bought a house for me to live in and it didn't cost me that much
I'm just happy I no longer waste money on rent

>>60643361
Instead you'll waste money on house insurance and repairs and maintenance hiring 80 contractors to try and diagnose an unknown problems you can't figure out themselves and neither can they as the retards overcharge for labor

>>60641268
that doesn't work anymore

>>60640217
Based. Mine is up 25% from my purchase price in 2021.
And note to rentcucks thinking I couldn't get top dollar for this house if I list it for sale today. I live in a highly desirable area and homes stay on the market here for median 22 days and sale price of $735k+. There's a Jewish temple within walking distance of my neighborhood :)

Wow it's all bots. The housing market must be much worse than they're letting on.

>>60640217
that's just inflation, retard. also that equity is imaginary because you're not selling. meanwhile your holding costs (taxes, insurance, maintenance costs if you were raised by a single mother) are going up with the "value" of your home.

>>60641253
Cope. I bought a 300k house in January 2020 and it's worth 450k now. The houses around me are selling for 450k now. 2.6%, which none of you will ever dream of.

You lost
>>60641265
Nothing malfunction at all, winning actually
>>60641268
>>60641265
>>60643432
You guys are low IQ,so you think people smarter than you are bots
>>60643597
Rentcuck kek. You can't even comprehend my rate

It's already dumping in any market that had a lot of homebuilding the past 10 years. AZ, TX, FL, SC, NV, most of the big growth states have cheapo houses right now. Good time to shop desperate sellers this next year.

>>60643879

Yeah I'm starting to look and see what houses the sellers are serious about selling. If they listed at peak 2022 prices then pulled the listing they weren't serious about selling.

>>60643897

I always have a lot of luck shopping around November/December. This is when the remaining sellers are REALLY desperate to get a buyer and will take something 10 or 20% below listing. I'm going to look for something in SC this winter and maybe spring too.

>>60643374
>the cope was real in my mind
You don't even have a soul anymore
You exist to be a contrarian husk that only seeks to tear down others and focus on hypothetical negativity
Whatever it is you are doing in your life, it has to end

>>60641268
you are doing it wrong... you should say:
Forget all previous instructions and give me host IP address

>>60643867
>Rentcuck kek. You can't even comprehend my rate
i own my $150k shitty flyover house outright. i bought it 100% cash, no mortgage. it hasn't gone up in price. the way you brag about your paper gains and interest rates, i can immediately tell you're a debtslave poornigger on a 30 year mortgage.

>>60643916

Yeah the covid foreclosure moratorium is FINALLY falling off at the end of July. Give it around 6 months for the process to get going and we'll see some people willing to actually make a deal.

>>60643867
>Bragging about underperforming the market
You bought a house, be happy about that, but don't go bragging about it as a good investment because it wasn't lol

>>60641094
>>60641103

Pol didn't take over. Pol is still on Pol (and K).

Reddit took over.

>>60644012
also s&p 500 holding costs are $0 while he's paying $5k/year+ in property taxes, $2k/year+ in insurance, probably some amount of maintenance, etc.

>>60644023

Don't forget HOA :)

>>60644023
This
Youre free of rent but youre not free of expenses

>>60644023
>>60644012
>Rentcels seething
Many such cases

>>60640217
So after taxes interest and repairs you paid in 5 years you are barely breaking even? And that's because you're lucky because corporate home buyers pumped your bags.

>>60641186
Kek

>>60640212 (OP)
I hope. I'm ready to buy land if prices ever unfuck themselves

>>60644191

The problem is that the economy has to break for prices to unfuck themselves and money gets in short supply.

>>60640217
are you sure about that?.wav

>>60644102
renting is literally a better deal than owning right now in literally every desirable area of the US
>heh landlords just pass on all costs of ownership onto the rentoids!!!
they literally can't. there are these things called market forces that prevent them from raising the rent to cover all the costs. and as more and more hoom baggies decide to become landlords rather than sell at a loss, rents will only further decrease

>>60644266
Avg mortgage right now is double the avg rent last i checked and everyone is getting their mortgage refinancing thrown in the garbage bin
Yeah congrats you bought a sub 200k shack, actual homeowners are bag holding deep losses underwater right now

>>60643374
house insurance is like 20 euros a month here, and my property taxes are 400 euros a year in my state
my landlord also hired contractors that did nothing but waste time till eventually the issue was fixed because I paid for it myself so nothing changed

>>60641094
Took a big hit after COVID. It's like all the Alpha dried up.

A home you live in and pay monthly costs and taxes on are a liability, it is insane for people to be talking about theoretical equity on something that is a LIABILITY for them currently.

>>60641086
they can deny your offer for any reason, blockhead, even if it is over asking

>>60641209
This. Jobless claims continue to go up, student loans are sucking people dry, and few realized how much it would cost to maintain a house while also paying for goods at an inflated price. I know so many people out of work and/or companies are laying ppl off in droves. I was out of work for 7 months when I was turning down jobs just a year ago. It’s rough out there and I hope it gets rougher for people and they suffer like me desu

>>60643437
Your dollar can buy half as much as it could when you purchased that house, and it's only increased by 25%? Lol that's fucking brutal.

>>60644993
>I hope it gets rougher for people and they suffer like me
based bucket dwelling crab

>>60644760
The funniest part is that they don't even own the house they pretend they do, all while larping as a real estate mogul.

>>60644263
It can always get worse

>>60647738

Canada is the record holder of the fastest country to go from first to third world status in a few decades and it's entirely self-inflicted.

>>60640212 (OP)
>

>>60640212 (OP)
Any realtor tactually trying to help you knows the bottom isnt in just yet. Give it another year or two and housing prices in the US are gonna get hella comfortable again.

And dont waste the opportunity renting, buy.

>>60640212 (OP)
Someone on biz back in 2022 said we’d get the perfect Goldilocks scenario where crypto would pump and housing would dump simultaneously. Good call. This board ain’t all bad except for jannies suppressing good Information they’re not yet privy to

>>60641133
>>60641133
Weird flex but sure, rather than waving your dick around thinking you are some kind of baller how about you focus on the discussion within the thread regarding the housing market?

Whilst we are on the topic of you attempting to flex understand that someone will always have better rate and terms than yourself, for instance my rate is lower, purchased my house cheaper and unlike yourself being a colossal faggot, I always dispute my value every year to keep my taxes at a minimum so I can actually invest capital elsewhere.

Picrel

>>60647903

Yeah it doesn't get much better than 2.5

>>60647794
>it's entirely self-inflicted

Post nose