uh oh

>>85% of post pandemic homes for sale are listed to make a profit.

>>a small portion might lose money, probably in over inflated markets.

You are so fucking dumb, you must be an absolute fucking gorrila nigger. There’s never going to be a large drop in home prices. There wasn’t even one in 2008 you massive faggot.

it's because of the red deer
vaxxies have dropped dead en masse so there's a big influx of houses waiting to be taken up by pureblood gigachads

>>508986751 (OP)
Indeed. While estimates vary, news articles report that around 23% of U.S. homes with mortgages were underwater by 2009.
A new 'Big Short' happening?

>>508986751 (OP)
A 30% correction like 2008 is too little
A 50% correction sounds right

>>508986751 (OP)
>>508986751 (OP)
Homes are NOT an investment. They are a place to live and raise a family. Stop seeing them as a 401k. They are a liability and not an asset. Any accountant worth his salt will tell you this.

>>508987134
I agree for my home. However my 5 other properties are indeed an investment where I have stupid renters paying for my retirement

>>508987660
>my 5 other properties are indeed an investment
I don't know your situation so you may be right. It would depend on cashflow but you'd be surprised how many people think they have an asset when its a liability. Depreciation, insurance, maintenance, mortage costs etc. And even if its positive, it could easily turn negative in housing.
I personally think there's way better investments than housing but to each their own.

I refuse to buy somebody elses bags. I'll just live in my parents home forever. I'm not buying your overpriced million dollar shitbox.

>>508987933
There hasnt been a long term negative housing tern in all of modern history. Property has out performed the stock market for all of modern history. Not by a small amount either. Every lull is temporary, not a single one has lasted more than 3 years

In order to fail with property you have to be immensely stupid and stretch you cash way past elasticity. You dont have the slightest idea what you are talking about

>>508986751 (OP)
Sucks to suck.

Although interest rates remain high, lenders and mortgage brokers have been forced to cut rates in certain high demand regions and markets because price cuts aren't enough to move listings.
Both commercial and residential real estate are under unimaginable strain atm and corporate mass media / establishment finance is working overtime to conceal this.
as memeflag above implied, real estate outperforms stocks in rate of return : It is where all HNW entities desire most to shovel their assets and investment, above any other market

>>508986923
All of real estate is inter-leveraged with various forms of speculative debt instrument malinvestment (no, we aren't simply talking about "mortgages" here). So when memeflag's speculative debt crap game is up he's going to be looking for a cardboard box, and soon

>>508988342
>meme flag kike
People fail at it all the time. There’s ton of advice out there on to over leverage yourself. It only works when the market is going up and people can’t survive for 3 years. So yeah, he does know what he’s talking about.

>>508989914
Yes you are right. Leverage is how many make money and its very easy to get overextended here.

>>508988342
Be honest, how many of those investment properities have mortgages? and if so, how much, at what interest rate and for what duration?