you realize interest rates are never coming down and thus home prices need to come down to compensate for this, right. i'm expecting a national -30% minimum before i buy.

>>60657973 (OP)
Can you tell me more? I'm stupid af but starting to make money

Agree but it doesnt have to manifest as a 30% cut, it could just be flat for 10 yeads

Years*>>60658072

>>60658069
>Can you tell me more?
just buy bitcoin for the next 20 years. nothing will beat it in the long term except exceptional stock picks (maybe).
>I'm stupid af but starting to make money
how stupid are we talking, because you'll need to be the custodian of your money and if you fuck up its gone forever with no recourse.

>>60657973 (OP)
i dont think they are going to make monetary policy because gen-z is priced out of homeownership. when was the last time they gave a fuck about that? the 50s?
boomers got theirs and now boomers expect their 50k home to be worth 5 million and you better be damn sure they'll sell an entire generation down the river if thats what it takes.

>>60657973 (OP)
Prices need to come down regardless of interest rates. There have been almost no new buyers for years, hence average homebuyer age into the 50s.

>>60658091
who is "they"?
if young people can't afford to buy hooms at these interest rates and prices, sellers will either have to lower their price or accept that they will never actually get that "equity" (i.e. it's fake).

>>60658113
>who is "they"?
reading comprehension much? its boomers. same people who have been stalling and holding back new home construction for decades.
why would they do this? supply and demand. they want everyone else to rent an apartment while their homes go up in value forever.

>BTC is 120k
>S&P 6300
>"they have to come down, right?"

nope, you're just a broke loser

hope you enjoy the gray skies and cold of the midwest with the rest of the white trash

>>60657973 (OP)

-100% soon...

>>60657973 (OP)
It doesn’t work because it creates deflation, and it is happening in China right now. Trump will create inflation after a “crash” and companies will raise normal salaries. We can all blame this on Powel.

Inflation is actually so high that flat home prices since covid is effectively the crash as stocks are more than doubled in that time

Or if you're in Florida or texas...you just got straight fucking heemed on your home

>>60659949
that's true. house prices have already crashed vs. gold and will continue to do so

There’s a bad ass house here in LA I am looking at that is 1.3 but I would love a discount