Is now a good time to buy a house or not? All the listings have been dropping in price the past few momths some as much as 50%. Will yhey go down more?
Is now a good time to buy a house or not?
Is now a good time to buy a house or not? All the listings have been dropping in price the past few momths some as much as 50%. Will yhey go down more?
try LULZ
Worst financial advice ever provided
sirs do not redeem the token it will bounce back
LULZ is dead.
I'm sure half of them hanged themselves when LUNA rugged, tbh, probably more likely they got Dink Doinked or CryptoZood
kek, let's not forget SafeMoon
Or FTX.
hahahaha, these coin fags, fuckin Bernie Madoff with board shorts and a perm
Safemoon was all redditors. Same with LUNA. LULZ was LUNC, then moonman’s ICP etc scams, and israelites shilling FTX under the protective umbrella of the jannies who would ban anyone who highlighted the obvious fraud going on.
I remember there were plenty of anons holding LUNA before the crash, it was a top 10 "blue chip". And the amount of people screeching 'FUNDOS ARE SAFU" during FTX was hilarious.
Binance is going to eat shit sometime soon I bet, too much smoke, at least they're kind of funny
if rates stay higher for longer like the fed suggests there should be a layoff cycle in the next couple quarters that should cause prices to drop more than they are currently. 63% from peak is a typical regression cycle.
this. The Fed is going to keep raising rates. They have to for two main reasons:
1.) Inflation
2.) U.S. debt is junk tier (no one wants to buy it, so you have to offer higher rates to entice buyers)
What this means is all liquidity will get sucked out of markets, this will cause mass layoffs as zombie companies finally go bankrupt (example: WeWork), and the amount of foreclosures combined with high rates will tank prices. Keep in mind that a real estate crash takes 5-7 years to bottom out because houses are illiquid.
Also, to add to this, the Yen - Dollar carry trade will be decimated as the Bank of Japan loses its battle to protect the yen. This will dry up another source of “free money” that keeps liberals employed.
wha....
how...
the whole bell housing? what could of.....
The whole input shaft bearing is canted. Maybe the dreaded input shaft bearing noise was ignored for too long (it can take years) and finally binded the whole transmission up when the bearing failed? The shaft stopping suddenly probably made the heavy flywheel break off and crack the aluminum bell housing.
I am NOT a car expert. I am just pondering.
input shaft bearing = throw-out bearing?
pretty hard to ignore that if that's right
The throwout bearing and the input shaft bearing are not the same thing. I hear this A LOT too. They are simply two different things.
I've done several clutches and head gaskets but remain a retard
The input shaft bearing is located inside the transmission, not just under the bell housing. It's why it sucks so hard if it ever starts making a noise.
A throwout bearing gets noisy when you push the clutch. Input shaft bearing gets noisy when you release the clutch.
Stock pressure plate on a 255hp car running ~660hp failed during drag-racing at high RPMs apparently.
> Both of the cars were drag cars, one with 9"rear and a gf5r, act fw,disk, and pp (one with red scatter shield) this one was more violent as it happened at about 9k on the shift actually ripped the 1 piece scatter shield almost apart at the worst spot, dented the tunnel/firewall
>Second happened Friday night, methanol powered Fd, stock trans but 8.8 irs.. Came apart after shifted into 3rd, split the goopy 2 piece scatter shield and you see what's left, data log shows it let go around 6800 rpm
>Everyone Look at the stock style PP
>ALL and I do mean ALL the force is transferred through those 3 little metal bands, so no mater the disk, the extreme or stage 55 it's all going through those 3 metal bands...
>Stock pressure plate on a 255hp car running ~660hp failed during drag-racing at high RPMs apparently.
yup that'll do it
bro your life is so much cooler than mine if you're involved in tuner shit in japan
>engine rebuilds come with one (1) complimentary ride in the Beast.
Everyone is poor here now so it kinda sucks, but on the flip side the roads are still well-maintained and the population keeps shrinking, which means less traffic. America might be better if you have mountain roads / tracks nearby since there are a lot of high horsepower cars for cheap. But here everything is so close it’s easier to meet people.
I tried.
>What this means is all liquidity will get sucked out of markets, this will cause mass layoffs as zombie companies finally go bankrupt (example: WeWork), and the amount of foreclosures combined with high rates will tank prices. Keep in mind that a real estate crash takes 5-7 years to bottom out because houses are illiquid.
TLDR
Millennials are the most cursed generation
fed will keep buying. they can't raise rates without bankrupting government. weimar collapsed due to inflation not deflation.
literally among the worst times in history
if you can buy with cash maybe I guess if not then no
I could buy and pay it off within two years. Id still be paying a few thousand on the interest tho
have you tried not being poor?
>50%
Doubt
FLASHBACKS OF THE MISSING FORESKIN THREAD
Sure dood go buy a house at 350-450k with that sweet 7-9%.
Fucking retard.
Its 50k…
No, that will be 2025-26.
>Source: dude trust me.
I'm not going to pretend to have the answers but I liquidated half of my shit and bought CDs at 5.5%, my hope is housing crash so I can buy 50 to 100 acres and build some shit. Demand is low but inventory is low too because of rates so............. it's certainly not a given that housing will crash. Fiat is weak and will probably get weaker so real assets will go up more than likely, housing is a different animal with the copious amounts of codependencies like corporate leasing and WFH among other things.
nagger its a yes or no question goddamn
You're looking for nagger tier answers to complicated human questions, you should stick to wage cucking and savings accounts and not do any investing.
Imagine knocking waging and saving. Kek. I tried that investard shit too its all a scam. Pulled my shit out two years ago. I now have 50k in silver a 40k vehicle and am looking to get this 50k home ill pay off and own outright in 2 years. Keep chasing that 5% return and have all your shit financed bro im sure itll make for a happy life. homosexual. Ill be debt free growing my herd of bees and marijuana plants innawoods debt free and flourishing
you realize a savings account gets like .5% right? You could make literally 11X right now with a CD let alone any meme shit you're raging about. I'm sitting in a $600,000 house with 1.5m in assets and 350K cash. Enjoy your .2% money market, kek
I literally just said i dont do that gayass shit. I buy PMs or irl shit that has actual use like greenhouses or stuff like machines and parts for my small business. All the farmer chads here do the same.
Years ago i asked this one big landowner guy what stocks hes in and he laughed at me. He said he doesnt do that and just puts his money into the real world. Hes got several 100 acres multiple massive greenhouses a lake he built himself and a shitton of value hes built over the years. And his family lives on the land with him forming a great community.
Thats what im aiming for now. I couldnt give less of a shit if i could get muh returns in some israeli scam.
>muh retirement
Thats what the kids are for
You get 5% just leaving it in an account now. People are chasing 20% now. I can't wait for the rug to get pulled once the boomers are gone.
>Is now a good time to buy a house or not?
Nah, just wait for the economy to crash and the wars to start. You'll get bargains then
the crash is only beginning
if everyone wants your money its probably wise not to give it to them
>high interest rates
>peak prices
Yeah if you listen to LULZ you will learn that you are suppose to buy high and sell low.
Yes anon if you can afford and it’s in an area you desire! Do it I did it two months ago 6% interest rate better to be in the game then. Not
>Will house prices go down more?
lol. It's not impossible for all house prices to go down 95%, and for it to stay there for 3 to 7 years before taking another decade to push new highs.
Cash me outside selling houses for 3900 years worth of minimum wage labor from a high school educated human person in the first world.
>That seems like a lot.
Look out we got a Jerome Powell here sipping his glass of aquafina water in front of Congress.