Thread 60880403

>>60880403 (OP)
The good houses in my neighborhood sell before they go to market and go to bidding wars. My parents who live in another state sold within 3 days of going to market, bidding war. They just bought an apartment, had to go to a bidding war.

I don't know where "no one" is buying a house but all I see is a healthy market about to explode again the second rates come down. New houses built every day in my area going for $1M+, 2 houses on one fucking lot. Crazy out there.

>>60880403 (OP)
Because a shitty 800sqft house today is $150k - $300k with 7% interest, 10years ago it would've been $20k-$30k with 4% at the worst. With all the debt individuals are in pre-house buying no one can afford.

>>60880403 (OP)
Everyone already has at least one and lives in it a happy and content life.

>>60880403 (OP)
average people simply can't afford it anymore

>>60880403 (OP)
Because houses haven't dropped much and sellers aren't willing to capitulate and buyers can't afford it at this level of interest rate. It's at a standstill untill either rates drop or people start getting screwed by their rates.

>>60880403 (OP)
housing prices are a bit too far off from where CPI is trending. so just a bit overpriced.
>why buy a house now when i can wait a year or two for when people are forced to sell in this stagflation environment?

>>60880429
Rich people have money. What else is new? Meanwhile the middle class is in massive credit card debt.

crypto and stoxks are better

>>60880403 (OP)
Must be because of millennials, avocado toast, and lattes.

>>60880403 (OP)
>bought integrity dao after burning my eyes on dextools during a night shift
>coworker asks why i’m smiling like a creep at 3am
>tell him i'm making it on random shit
he fucking seethed man

putting in lowball offers all over lately
>520k original list, 60 DOM, 498k now, offered 460k, chang owner said too low
>499k condo down to 475k in two weeks, offered 450k, they're still sitting cause bitch wife thinks her kitchen reno makes place valuable
>680k duplex down to 640k, 35 DOM, offered 585k, they're considering it

nothingburger?

>>60880403 (OP)
Because my salary is crap and I don't know if I can risk all my npc on such a big purchase, It would take me years to recover my current savings

>>60880403 (OP)
Wow demand is so low. The price must be low too right? Right?

>>60880403 (OP)
I already got mine in 2019

>>60880403 (OP)
A house is an investment in rentoid class wagies which are replaced by advanced robotics by 2040

For that reason, I'm out.

>>60880430
Only crack houses in the ghetto with years of back taxes were selling for 20k in 2015

I keep thinking a crash is around the corner and then I remember Canada never had a crash in 2008 and just got worse and worse without anything happening
I dont think housing is going to be affordable in oit lifetimes, bros

>>60880403 (OP)
They can't afford housing.
Indians are living 10 to a room in previously affordable housing.

>>60880403 (OP)
why would anyone find it desirable to live in the us in the year of our lord jesus christ 2025? it's a third world shithole. also smart people don't want to practically donate their money to megacorporations that buy houses to speculate with or alzheimers ridden boomers whose children take advantage of by pretending their shitbox that hasn't been remodeled or changed in any way since the early 70's is worth 900 thousand dollars.
>>60880434
i have a nice apartment in my little european (shithole) country, bought a new bed with my $useless gainzzz and i'm chilling. no blacks in sight either if you can believe that.

300k for some shitty shack in the hood that needs 80k worth of repairs is why no one is buying.

>>60880429
same, almost every house here gets sold via the neighborhood facebook page

>>60880429
>>60887032
what delusional realtor shills

>>60880403 (OP)
Why have housing prices detached from wages?
Why are there more empty houses listed at higher prices while the population is shrinking?
What does the globalist landowner class contribute to the global economy?