LULZ / Misc

ITS FUCKING OVER

The hedge funds have begun to unload their single family residences. Check your county. They are dumping the housing market!

  1. 3 weeks ago
    Anonymous

    Pages and pages of recorded sales from investors to private individuals. Brace yourself for the mother of all selloffs

    • 3 weeks ago
      Anonymous

      Excellent news!

  2. 3 weeks ago
    Anonymous

    Precious metals, crypto, tech, now housing. Literally everything is being sold for liquidity because margins are inevitable and they're all overleveraged.

    • 3 weeks ago
      Anonymous

      When there is not enough real stuff to go around, the first thing that becomes useless is money and things used as money.

      • 3 weeks ago
        Anonymous

        Wise leaf, OP you’re not fooling anyone

        • 3 weeks ago
          Anonymous

          Stupid toothpaste and leaf, don’t you get it? They own at least 20% of the housing market and they have to sell at the peak due to rising rates. Their shareholders demand they take the top profits and watch it crash and burn so they can buy back when the market hits the floor. That’s what they’ve done for decades.

          • 3 weeks ago
            Anonymous

            the floor requires functioning law. no law = no floor. even the pretense of a legal system ended in 2008. the state owns everything and it pleases me that all the cucks that played by the rules and sucked the joowang for 30+ years will be dispossessed. they and theirs deserve it.

          • 3 weeks ago
            Anonymous

            Which is a good thing for us. Buy at the bottom and refuse to sell to banks. Grab up as many real assets as possible because the dollar will be worthless soon. Better to be holding things that can actually benefit you in the long run.

            • 3 weeks ago
              Anonymous

              Will plane ticket prices become super expensive? I wonder if normies will still be able to travel

              • 3 weeks ago
                Anonymous

                normies won't but that's a good thing. I don't like buying tickets 6 months in advance

              • 3 weeks ago
                Anonymous

                >be roastie
                >Have the tubes tied so "you can explore the world and find yourself spiritually"
                >this happens
                Top kek

              • 3 weeks ago
                Anonymous

                find one woman who did that

    • 3 weeks ago
      Anonymous

      This is a blessing for young people. Thank GOD globalism is imploding so quickly.

      • 3 weeks ago
        Anonymous

        It's all part of your plan, garden gnome.

      • 3 weeks ago
        Anonymous

        If you think this is a blessing, think again.

        The system is designed for you to live in a pod. The economy will collapse and you will be too poor to afford a house while the billionaires snatch up all the 40k homes

        • 3 weeks ago
          Anonymous

          Why?
          If by pod you mean apartment, why are they building so many houses?

      • 3 weeks ago
        Anonymous

        You must be joking n-word

      • 3 weeks ago
        Anonymous

        Globalism always uses some bad event to benefit themselves. Ukraine, covid, etc. They’re opportunistic and will use this too. They’re one step ahead of you

      • 3 weeks ago
        Anonymous

        No, prices will go down, but interest rates will go up, which means total price will not change much but you'll be getting less house for your money, but spread out over longer.

        If you bought recently and can weather the downturn (e.g., can still make mortgage payments and don't need your equity) then you'll be ahead in a decade or so.

    • 3 weeks ago
      Anonymous

      BASED - DO NOT BUY
      DO NOT BUY
      DO NOT BUY

      Let them eat their risk and realize their losses.

    • 3 weeks ago
      Anonymous

      >Precious metals, crypto, tech, now housing
      >Literally everything is being sold for liquidity because margins are inevitable and they're all overleveraged
      >liquidity
      >margins
      >overleveraged

      this anon gets it ×1,000

      • 3 weeks ago
        Anonymous

        Precious metals, crypto, tech, now housing. Literally everything is being sold for liquidity because margins are inevitable and they're all overleveraged.

        Bingo. The everything bubble is popping as we speak.
        >Last time (2008) it was "just" housing.

        • 3 weeks ago
          Anonymous

          Mannarino yesterday was talking about the 10-year yield rapidly upspiking
          today (Wed Jun 15) 10-year yield overnight just fell 11 basis points, he thinks it's the Fed attempting to stabilize the debt market going in there & buying
          whatever they try to do in 'concern' about it, is going to be inflationary
          and several other co-avalanches have already been triggered (real estate, mortgages)
          it's on

          • 3 weeks ago
            Anonymous

            I agree. Double digit mortgage rates coming?
            https://notoriousrob.com/2022/06/finally-no-bid-on-mbs/

    • 3 weeks ago
      Anonymous

      Explain this to retarded anons, please

      • 3 weeks ago
        Anonymous

        The big banks are selling their homes they bought that cause the housing market to skyrocket. Buy metals and sell some when the hedge funds start buying houses again in a few years.

        • 3 weeks ago
          Anonymous

          Is it a global trend though?

          • 3 weeks ago
            Anonymous

            Yes it is. Just search news on hedge funds buying in other countries

            • 3 weeks ago
              Anonymous

              Okay, thanks mate!

        • 3 weeks ago
          Anonymous

          institutional investors own like 0.21% of the housing market. the idea that black rock, who own like 0.05% of the housing market, is the cause of skyrocketing home prices is a meme.

          • 3 weeks ago
            Anonymous

            >what is a mortgage
            it's the banks

            • 3 weeks ago
              Anonymous

              last i checked banks weren't buying up houses to rent, and banks have always been a problem. the recent meme of blackrock and other institutional investors driving up housing prices is fake and gay. the answer to why housing is expensive can be found at the federal reserve.

              learn to GINI chart; also the sovereign defines currency and "owns" everything whatever that means. the government is not the sovereign in America.

              you just said nothing relevant

          • 3 weeks ago
            Anonymous

            learn to GINI chart; also the sovereign defines currency and "owns" everything whatever that means. the government is not the sovereign in America.

    • 3 weeks ago
      Anonymous

      Hardly surprising considering its the end of the debt cycle.
      https://www.housepricecrash.co.uk/forum/index.php?/topic/53593-credit-bubble-bursts-first-snows-of-k-winter/

      The avg normie will never have access to credit again once this is all over!

    • 3 weeks ago
      Anonymous

      We all literally pointed this out, even made memes about it when it started happening
      Fuck you all for constantly refusing to listen

  3. 3 weeks ago
    Anonymous

    Do NOT buy, fags. This is the end of the housing boom.

    • 3 weeks ago
      Anonymous

      Is this banks calling in mortgages. Aka pay us or foreclose?

      • 3 weeks ago
        Anonymous

        from the looks of it, they’re probably selling them to their current tenants, which wouldn’t hit the MLS listings. MLS are where realtors can see newly listed homes for sale. Once their tenants do not qualify, then they’ll open up to the public. That’ll take about 30 days. If you see housing prices, there are price cuts everywhere in every city in America. Come July 1, you will see for sale signs pop up worse than 2008

        • 3 weeks ago
          Anonymous

          czeched by you're missing one component. The current inflation+interest rate environment actually pushes financed buyers out. So housing prices will drop and be gobbled up at a discount by places like blackrock who are sitting on huge war chests right now that they started building in 2020. They have about twice the cash on hand this year as they did in 2019. They dropped about a trillion last year and then now they're waiting to spend the other 7.5 trillion.

          • 3 weeks ago
            Anonymous

            Bro, they aren’t buying risk assets. They are unloading at the top. These corps unloading sfrs are all tied to blackrock and vanguard via shell corps. They are unloading at the top to maximize yield. They will buy back in once the market corrects. It’s over.

            • 3 weeks ago
              Anonymous

              you are absolutely right. buy at the bottom. the bottom is when the riots die down.

              • 3 weeks ago
                Anonymous

                More proof in case fags dont believe me that Major funds are tied to these "sfr acquisition" subsidiaries

          • 3 weeks ago
            Anonymous

            I know the first step is denial. But it’s happening right now, and I’m probably one of the first to see it. These fuckers were sneaky about it too. I’ve been checking it weekly since they stopped buying back in 09/2021 by typing in the hedge funds to see which hedge funds were selling and I couldn’t find any sales. These fuckers were using subsidiaries to sell off, not the main corps they bought in. I only found them by looking up “Sfr” which means single family residence. It’s real senpai

          • 3 weeks ago
            Anonymous

            Your logic makes zero sense. I don’t know a single person with a variable interest rate.

            • 3 weeks ago
              Anonymous

              Price of home will drop, but the monthly payments if you were to finance will go up. Home buying will get easier for cash buyers and harder for financed buyers.

            • 3 weeks ago
              Anonymous

              Works different in the UK, we currently have around 2 million borrowers on tracker or variable rates mortgages and around 1.5 million borrowers see their fixed rate deal end this year and will have to apply for a new deal.
              We also have the Help to Buy scheme ending this year after running for a decade, quite a lot of the british public have been borrowing a large part of their house deposit from the government interest free for 5 years so they can qualify to buy a new build property. UK market is going to tank hard!

          • 3 weeks ago
            Anonymous

            Killing a nation with inflation, then deflation.

          • 3 weeks ago
            Anonymous

            You dont want to be holding investment property in a high inflation/hyperinflation environment, the maintenance costs alone would wipe it out as an investment.

        • 3 weeks ago
          Anonymous

          Been following real estate because I was going to buy in 2020 but got fucked by COVID. Over the past 4 days I been hit with over 30 properties that have dropped in price which hasn't happened in years. Housing has doubled in 3 years and add 6+% interest rates...who wants to hold that bag? Haha

          • 3 weeks ago
            Anonymous

            I'm glad I decided to go 1/3rd gold 1/3rd silver 1/3rd cash (not in banks) instead of RE

            • 3 weeks ago
              Anonymous

              I did buy 10k in silver and gold and happy. Bought a chunk in August 2018 which was great timing. I still want real estate but won't buy at these prices and interest rates.

          • 3 weeks ago
            Anonymous

            Been happening for a while in the UK, Property literally on the doorstep of Buckingham Palace are seeing big cuts in asking prices.
            https://www.housepricecrash.co.uk/forum/index.php?/topic/233300-examples-of-big-multiple-drops/page/202/

            • 3 weeks ago
              Anonymous

              interesting news anon
              saw some threads last month from a UK anon like yourself discussing imminent housing crash there
              apparently it's on

              • 3 weeks ago
                Anonymous

                That was probably me, i posted a few and said the hedgies were going to rug the market. Oh its definitely on. We have rates rising which will kill affordability https://mymortgageinsider.com/1-percent-rate-increase-11-percent-price-reduction/
                QE gone and QT starting HtB ending in the UK, MBS going no bid https://notoriousrob.com/2022/06/finally-no-bid-on-mbs/

                So yeah, its on.

              • 3 weeks ago
                Anonymous

                thanks based anon

    • 3 weeks ago
      Anonymous

      Who IS buying?

      • 3 weeks ago
        Anonymous

        Individual realty speculators. They are being used as exist liquidity, but they will go bankrupt when no one buys their overpriced cardboard boxes.

      • 3 weeks ago
        Anonymous

        this is the question
        I am now walking away from buying a house because the mortgage rate is going above 7% by the end of the day today.

        When I got approved last week, It was 5%.

        I cannot afford an extra 300+/month

        • 3 weeks ago
          Anonymous

          The only people buying are bag holders who’s ready to get aids from being a fomosexual. Don’t buy anon unless you’re in a city where the hedge funds are actively buying

          • 3 weeks ago
            Anonymous

            fomosexual
            Kek, I’m using that

      • 3 weeks ago
        Anonymous

        this is the question
        I am now walking away from buying a house because the mortgage rate is going above 7% by the end of the day today.

        When I got approved last week, It was 5%.

        I cannot afford an extra 300+/month

        dumb fucking retards that's who. dudes who have been harangued by their girlfriend into buying a place. could have had a $400k property on 5-10 acres out 2-3 hours away from "muh city"... instead she's got him on the hook for a 1.1M townhouse flip where you can hear your neighbors sneeze. don't forget the monthly $400 HOA fee plus tip.

      • 3 weeks ago
        Leon

        >EVERYONE

    • 3 weeks ago
      Anonymous

      This is why you never sign a mortgage with adjustable rate or any type of “early call” clause.

  4. 3 weeks ago
    Anonymous

    there wont be a crash because everyone expects there will be a crash

    • 3 weeks ago
      Anonymous

      No, that’s not how this works. The housing market, while strained from inventory shortages, are down due to increased rates reducing the pool of qualified borrowers at higher price points. This coupled with overleveraged credit debt equals a pop of the bubble to find a stable mean.

      Hedge funds know this, and they aren’t in the business of holding on to risk assets, especially when they are now competing against the fed unloading all of their MBS’s

      • 3 weeks ago
        Anonymous

        The “inventory shortage” was always a meme anyway. There are 15 million vacant homes and 2 million new units set to be constructed by the end of the year

        • 3 weeks ago
          Anonymous

          exactly. all these hedge funds own major stakes in lennar, kb homes, K Hov, they wanted to squeeze more houses into production so they bought up every sfr in their price point in order to push price points on new build up. Now that housing has peaked, theyre unloading all these houses they bought because they are not needed anymore. Its a monstrous double dipping move by them. Now theyll let it crash and burn and buy the assets at half or even lower, the price they bought at. diabolical

          • 3 weeks ago
            Anonymous

            By unload, what do you mean? Surely not selling the homes, right?

          • 3 weeks ago
            Anonymous

            How low is the bottom? 30%, 50%? Been waiting for this for sometime ngl.

            • 3 weeks ago
              Anonymous

              Nobody knows the bottom. Just keep an eye for the county recorder records to monitor when the hedge funds start buying back in. They’ll probably change the Sfr tag to something else since we’re catching on, but you’ll notice it

            • 3 weeks ago
              Anonymous

              https://www.housepricecrash.co.uk/forum/index.php?/topic/53593-credit-bubble-bursts-first-snows-of-k-winter/

              https://business.inquirer.net/320459/keep-calm-winter-has-arrived

              https://www.pinnacledigest.com/economy/long-term-debt-cycle-ray-dalio-2020/

              67% to 90% according to that prediction from 2007

              https://mymortgageinsider.com/1-percent-rate-increase-11-percent-price-reduction/

              https://notoriousrob.com/2022/06/finally-no-bid-on-mbs/

              I cant see 50% off being a problem if we see double digit mortgage rates.

            • 3 weeks ago
              Anonymous

              Its in a long term freefall. I lost the last bit of confidence in the fed. You will see what I mean the end of this month. I did my best to warn my frens worldwide, I did my best to stop it, I couldn't, I wish I did more, I am sorry. I'll see the noggers who understand whats coming up on the other side.

      • 3 weeks ago
        Anonymous

        hedge funds have been eating shit and underperforming for many years. they're no longer the smartest guys in the room.

  5. 3 weeks ago
    Anonymous

    Sauce?
    Is anyone reporting on this?
    Trying to share with a friend but he doesn't believe me without a source

    • 3 weeks ago
      Anonymous

      Check your county recorder in your nearest large city. Do a search for businesses with the letters “Sfr” which stands for single family residences. You will find that subsidiaries and corps are selling en masse, private residences to individual buyers. These major corps like blackrock and Cerberus stopped buying sfr’s back in September 2021 based off county records. Since then, they started conveying the deeds over to other subsidiaries and spin-off corps they manage. As of this month, they are now unloading the properties purchased Over the last 5 years. I used Maricopa county because it’s the county Phoenix AZ is in, and it’s considered one of the most hottest markets in the US. They are selling my friend. Save up and get ready to buy when they do in months or a few years from now.

      • 3 weeks ago
        Anonymous

        where would I look for these transactions on this webpage? I'm in that location, but I dont' know what I'm looking for
        https://www.douglascountyks.org/depts/register-of-deeds

        • 3 weeks ago
          Anonymous

          >https://www.douglascountyks.org/depts/register-of-deeds

          • 3 weeks ago
            Anonymous

            Thanks anon, I appreciate it. I'm wall street bets retarded when it comes to this stuff

      • 3 weeks ago
        Anonymous

        >Save up and get ready to buy
        Ah hahahahaha. Adorable. They're going to raise lending standards so no one other than banks borrowing directly from the fed window can actually get capital

  6. 3 weeks ago
    Anonymous

    what keywords should I be searching for? where is the proof that it's a sudden dump compared to the normal rate? why are you so useless OP?

    • 3 weeks ago
      Anonymous

      Search the county recorder for “Sfr”

      • 3 weeks ago
        Anonymous

        >https://kiosk2.suffolkcountyclerkny.com/SearchPages/MainSearch.aspx
        now what?

        • 3 weeks ago
          Anonymous

          I don’t see that they ever purchased single family residences in that county. The price price for Suffolk is way higher than their price point of buying. This is a good thing for you if that’s your county, it means you will probably weather the downturn during a housing crash. They must have a crazy high per household income average there.

          • 3 weeks ago
            Anonymous

            They do, it's a very wealthy county. Police even make 6 figures.
            How about Philadelphia County, PA?

            • 3 weeks ago
              Anonymous

              i found a link to search but it wont let you enter in the fields to search on mobile nor pc. Theyre greyed out

            • 3 weeks ago
              Anonymous

              >Philadelphia County

              • 3 weeks ago
                Anonymous

                Why is royal bank of canaduh buying houses in philly in the first place?

              • 3 weeks ago
                Anonymous

                It looks like the 'Grantee' are the mortgage holding companies. RBC has services that helps Canadians buy property in America.

            • 3 weeks ago
              Anonymous

              >Police even make 6 figures.
              I know a public high school teacher that makes more than 140k there. Property taxes are insane.

        • 3 weeks ago
          Anonymous

          high maintance anon...
          for fucks sake get it together son

  7. 3 weeks ago
    Anonymous

    I was recently in the hamptons. LOTS of houses for sale..i took it as a sign. I'm seeing this elsewhere now too

    • 3 weeks ago
      Anonymous

      Yep, and in even previously hot markets (such as Indianapolis and north Florida) sellers are cutting their asking prices.

  8. 3 weeks ago
    Anonymous

    > affordable housing
    why is this a bad thing?
    go fuck yourself, and fuck new york garden gnomes.

    • 3 weeks ago
      Anonymous

      It’s not a bad thing. It’ll help smart people
      Who wait for the market to hit the floor and then buy a house at an affordable price. The shitty thing is rates will be at ridiculously high rates so it’ll be a wash. The trick is letting it hit the floor and waiting until the fed cuts rates from a collapsed market where no one is buying. What does Warren Buffet say? Buy fear, sell the greed.

      • 3 weeks ago
        Anonymous

        >Who wait for the market to hit the floor and then buy a house at an affordable price

        The collapse was not intended for you wage cuck. How can you buy a home when you end up unemployed because your workplace stock arrow went down?

        These cheap and affordable homes are reserved for the billionaires so they can rent them out.

        • 3 weeks ago
          Anonymous

          You'll have people setting properties along with bankers on fire at that rate.

  9. 3 weeks ago
    Anonymous

    I've been saying this for months, now that interest rates are rising, investment firms and overlevereged boomers are offloading.
    Someone's going to be left holding the bag, unless the state cucks out and tries to bailout again, but this time they've already printed so much money that devaluing the dollar even further will be a bit more of a hiccup.

    • 3 weeks ago
      Anonymous

      I suspect they’ll let it crash and burn and then offer some relief program like the Obama harrp program. That’ll probably come in after the midterms. It wouldn’t be necessarily new money printing, it’ll be a cash burn, which is what the fed needs to fix

      • 3 weeks ago
        Anonymous

        I bought in 2019 and want to sell to move further out. Do I just wait or am I fucked?

  10. 3 weeks ago
    Anonymous

    I buyed GME am I gonna make it?

    • 3 weeks ago
      Anonymous

      couldn't hurt

  11. 3 weeks ago
    Anonymous

    Investment companies should not be allowed to own residential properties.

    • 3 weeks ago
      Anonymous

      This. They support politicians that bus in 3rd world retards, access to cheap money and buy up homes to rent or pump and dump. Trash

    • 3 weeks ago
      Anonymous

      Or foreigners/dual nationals

  12. 3 weeks ago
    Anonymous

    looks like they are still buying Memphis, TN.
    Any thoughts on why they are buying here while selling everywhere else?

    • 3 weeks ago
      Anonymous

      This means they intend to start housing production in the area. Your area will probably see a housing boom. There are certain cities in america that are fairweather markets for prices during a housing crash. Nashville, Austin, Denver, those are a few cities Ive already pegged as recession proof cities due to the influx of the flight from coastal cities getting cracked with insane tax increases.

      • 3 weeks ago
        Anonymous

        Based on my travels, I'd add Charlotte, Charleston, Atlanta, and Boise if coastal flight is the determining factor.
        Does that mean these cities won't crash as hard/at all?
        Or just that there will be lag time between the Phoenix etc. crash and the Coastal Flight crash?

        • 3 weeks ago
          Anonymous

          You are correct with Boise and Charleston.

        • 3 weeks ago
          Anonymous

          Agreed with Boise and Charleston but those were already getting hot prior to COVID.

          • 3 weeks ago
            Anonymous

            Boseman and Asheville

            • 3 weeks ago
              Anonymous

              Has cousin in bosemann and lived in basically a crack house without the crack. But it was on an acre or two and sold recently for 1 or 2 million for the land alone. Montana cities are getting fucked.
              God father lived in Ashville and heard that's been out of control for a decade.

              • 3 weeks ago
                Anonymous

                Sounds like the coasties are still moving to both en masse, yeah? So more and more new developments should continue to pop up

              • 3 weeks ago
                Anonymous

                Not doxing my town but where I live the exit off of the interstate goes to 2 towns, there are no other reasons to get off at that exit. One town has a population of about 4k and the other has a population of about 115. That's it, 4,115 people use that exit. All of a sudden there are 4 gas stations, a McDonald's, a sonic, and a Starbucks at the exit... and suddenly there are signs of sub divisions being built

              • 3 weeks ago
                Anonymous

                Yeah your town is fucked

      • 3 weeks ago
        Anonymous

        I bought my first little shitbox in early 2021.
        >inb4 bought at the top. It was either buy right then or rent forever.
        1000sq/ft, very minor repairs needed, mortgage is less than $1k a month, fixed rate at 2.7%. According to anon, I live near a fairweather area, too. Did I just barely make it?

        • 3 weeks ago
          Anonymous

          Yeah you should be fine but you bought at a not so opportune time. But your payment is ridiculously low so you should be able to make it

      • 3 weeks ago
        Anonymous

        my 110 year old shitbox in nashville has doubled in 5 years. looks like its slowing down but more companies are moving or setting up presence here even if we see a 5-10% dip this area isn't going back

        • 3 weeks ago
          Anonymous

          that at&t building is evil. That's an nsa back bone.

        • 3 weeks ago
          Anonymous

          Where did you buy in Nashville? I just moved here in October and currently live in downtown but I’m already sick of all the noise.

        • 3 weeks ago
          Anonymous

          like

          Notice how most of the price points are under 350k? That was their goal to buy up everything under 350k in Maricopa county. It forces buyers into new builds when the existing home market supply is low. Smart of these greedy fuckers, right?

          said, they are buying/bought all of the houses under $350 (even in Nashville).

          • 3 weeks ago
            Anonymous

            forgot pic

            Where did you buy in Nashville? I just moved here in October and currently live in downtown but I’m already sick of all the noise.

            go back

            • 3 weeks ago
              Anonymous

              No plus I vote red you fuck

              • 3 weeks ago
                Anonymous

                >vote red
                okay I'm sorry.
                But try to assimilate to the culture. Southerners are nice to people. Don't continue the trend of turning Nashville into stuck-up assholes with no sense of community.

              • 3 weeks ago
                Anonymous

                Their identity is tied to country music. They will be fine as long as they can keep the n-words out.

              • 3 weeks ago
                Anonymous

                Country music is all about taking pride in living like a pile of shit lately.

              • 3 weeks ago
                Anonymous

                It’s all about drinking alcohol and fucking dumb whores. Worse than n-word music, at least with mumble rap you can’t understand the filth coming out of their mouth.

              • 3 weeks ago
                Anonymous

                M8 I’m from small town rural Georgia culturally I fit in well. But I get why you are defensive of your city’s culture, I hate seeing every big city turn into an inevitable globohomo melting pot.

        • 3 weeks ago
          Anonymous

          Friend bought for 500k 4 years ago in Nashville. Sold last year for 900. That markets ripping and pricing everyone out. Was there in 2003. Beautiful with open space. Not anymore.

          I fucking hate the apartment going up everywhere. All the same exact construction design, zero character and I've seen them in Chicago suburbs, Denver, Arizona, Georgia, Kentucky, Tennessee and Florida. Cheap crap. It's all by design. Just like cheap money printed in 2020-2021 and given to bank to buy up homes and keep real buyers out.

    • 3 weeks ago
      Anonymous

      Checked.
      Dumping in Louisville

      • 3 weeks ago
        Anonymous

        That means they are buying in Louisville. It means your housing market will soon see signs next to freeways saying “homes starting at 350k 7 miles from next exit!!”

        • 3 weeks ago
          Anonymous

          >your housing market will soon see signs next to freeways saying “homes starting at 350k 7 miles from next exit!!”

          Individual realty speculators. They are being used as exist liquidity, but they will go bankrupt when no one buys their overpriced cardboard boxes.

          >no one buys their overpriced cardboard boxes

        • 3 weeks ago
          Anonymous

          shit, you're right. Inventory has been historically low the past 3 years.
          Like from 800 listings to 4.

        • 3 weeks ago
          Anonymous

          They seem to have reversed position after getting a load of liens

          • 3 weeks ago
            Anonymous

            Crazy times ahead

            • 3 weeks ago
              Anonymous

              Here's the owner and officer of that company
              https://antievictionmap.com/thomas-fallows/
              https://antievictionmap.com/jonathan-kibera/

            • 3 weeks ago
              Anonymous

              Here's the owner and officer of that company
              https://antievictionmap.com/thomas-fallows/
              https://antievictionmap.com/jonathan-kibera/

              >thomas-fallows/
              Child of US-Chinese NWO puppet

              • 3 weeks ago
                Anonymous

                That’s probably how foreign nations will be unloading their USD positions from a weak dollar without raising the governments eyebrows. They’ll slowly unload their USD into equity positions across America. Wild shit huh?

              • 3 weeks ago
                Anonymous

                >a weak dollar
                Interesting times whatever is going on

              • 3 weeks ago
                Anonymous

                Interesting because china has ghost cities that aren't selling and whatever happened to Evergrand developer. Last year they almost missed bond payments but got bailed out and now I never hear about them. Yet Chinese are buying our land. Fuck that

        • 3 weeks ago
          Anonymous

          My quaint little homestead sitting on 6 acres in bumfuck nowhere a long drive from the nearest city with more than a small mom and pop grocery store is currently valued at $410k.

          It's absurd. I paid $250k 2 years ago. After I closed I looked at my wife and jokingly said "this house will be worth half a million within 5 years."

    • 3 weeks ago
      Anonymous

      Nashville and surrounding cities are booming. People are still moving here. Tons of cash flowing in.

      • 3 weeks ago
        Anonymous

        Ya..I was gonna move there in 2020..stranded in KC now..terrible place, but jobs are around and rents cheaper..
        I was planning on moving towards the end of the year..what part should I look into..??

        • 3 weeks ago
          Anonymous

          Stay away from Nashville or Knoxville. If you work remote and like isolation, check out Land Between the Lakes

      • 3 weeks ago
        Anonymous

        a guy blew up an ATT call center not long ago.

        i'm good.

    • 3 weeks ago
      Anonymous

      Notice how most of the price points are under 350k? That was their goal to buy up everything under 350k in Maricopa county. It forces buyers into new builds when the existing home market supply is low. Smart of these greedy fuckers, right?

      • 3 weeks ago
        Anonymous

        Honestly it seems like they knew where buyers on the political right were looking to move and purchase homes. Throughout 2018 I started looking at Kentucky, Louisville, Arizona, Florida and a couple other states/cities where you could buy $70-175k. Those all got snatched up in 2020...someone came in and put whipped cream on shit and tried to double or triple their money. Cheap money few to those that could easily access it and kept real buyers/1st times buyers out. All said and done it's going to be almost a 5 year process fucking people over to make money and a political statement.

        Glad you mentioned Denver bc I have a family member who made a lot over the past 3 years on their home but just sold and moving into a new one double their original. Would hate to see them get fucked but at the same time not smart.

    • 3 weeks ago
      Anonymous

      Yankmutts are moving here

  13. 3 weeks ago
    Anonymous

    Good. Maybe the abandoned house next door to mine will go on market. Fucking place was bought cash by a company and sat abandoned for 2 years collecting fines.

    • 3 weeks ago
      Anonymous

      Happened to me too. My parents built the first house on their street, they were in the middle of the woods. An entire neighborhood grew around them, but across the street a company bought up all of the lots very early on and didn't allow anyone to build. Was pretty sweet tbh.
      They did recently sell about 5 years ago and must have made a shitload of money on the investment, my parents house went from 200k to 850+

      • 3 weeks ago
        Anonymous

        so they sold and moved some place significantly shittier so it wasn't a lateral move? gained value means nothing if it can't be realized.

  14. 3 weeks ago
    Anonymous

    how is that a bad thing?

    • 3 weeks ago
      Anonymous

      Schizos gonna schiz

  15. 3 weeks ago
    Anonymous

    So that means we arent doing the rental home youll own nothing and be happy thing then

  16. 3 weeks ago
    Anonymous
  17. 3 weeks ago
    Anonymous

    thank fuck; it's way overheated right now anyway

  18. 3 weeks ago
    Anonymous

    I am just bumping for an interesting thread and speculation.
    Anons should be monitoring their local real estate market

    • 3 weeks ago
      Anonymous

      This. We need someone to make this a housing bubble pop general. Cities can check in and we can collectively see which markets are fucked and which ones are gmi

      • 3 weeks ago
        Anonymous

        Countries could also check in as housing markets across the world are all starting to turn.

        • 3 weeks ago
          Anonymous

          Start the General anon. Eventually it’ll end up with shitposters posting housing wojaks and landpepes

  19. 3 weeks ago
    Anonymous

    can i get a cheap house now?

    • 3 weeks ago
      Anonymous

      Fuck no

  20. 3 weeks ago
    Anonymous

    These guys are capable of creating a real fire sale

    • 3 weeks ago
      Anonymous

      I said it weeks ago on here and i was called a retarded homosexual. I said the only reason they have been buying is to drive up prices and then rug the market and buy back at the bottom and then they will own everything available. They dont need to destroy fiat to own everything, why bother when you can just rug the markets and rinse and repeat.

  21. 3 weeks ago
    Anonymous

    >tfw bought first house 3 months ago

    • 3 weeks ago
      Anonymous

      You a'int seen nothing yet.
      Something like 75% of mortgages were underwater in 2008

      • 3 weeks ago
        Anonymous

        >20% down on 540k
        >3b/3b in nice part of sw florida
        >30y fixed at 3.85%
        i can't even sleep at night im so pissed at myself for falling into the fomo

        • 3 weeks ago
          Anonymous

          Live and learn. The alternative could have been, though, that you had waited, and had better prices to choose from but got screwed in some other way.

          >nice part of sw Florida
          After all, you seem to make poor choices by default

        • 3 weeks ago
          Anonymous

          RIP, dude. I've been sitting on the sidelines for 3 years.
          Almost pulled the trigger on 5b3b, but they were double what they were in 2016.
          Finally going to be able to get that for $350K again with cash.

          • 3 weeks ago
            Anonymous

            Wait. I bought my home in 2010 for 80% of what the identical house next door had sold for in 2007.

            • 3 weeks ago
              Anonymous

              Yup. I know of houses that are currently worth 1.2-1.6million that were bought for 45k in Phoenix back in 2011

              • 3 weeks ago
                Anonymous

                Break it down for me econo anon as I am an autistic dimwit, I want to but some rural acreage with a dwelling in any condition. When should I do so?

              • 3 weeks ago
                Anonymous

                Once the debt cycle completes.

              • 3 weeks ago
                Anonymous

                Qualify that for me, I’m a retard. Define the cycle and how long it is. Thank you Nigel.

              • 3 weeks ago
                Anonymous

                The credit bubble has popped and everyone is unloading their assets to go cash gang and buy once everything bottoms

              • 3 weeks ago
                Anonymous

                https://www.housepricecrash.co.uk/forum/index.php?/topic/53593-credit-bubble-bursts-first-snows-of-k-winter/

                https://business.inquirer.net/320459/keep-calm-winter-has-arrived

                https://www.pinnacledigest.com/economy/long-term-debt-cycle-ray-dalio-2020/

              • 3 weeks ago
                Anonymous

                start looking at commercial property
                https://commercial.century21.com/real-estate-sale/tennessee/LSTN/?kw=&sp=|350000&ac=1.0|&pt=

              • 3 weeks ago
                Anonymous

                That property is going to rape your wallet in Environmental Insurance (EI)
                Auto shops always spill oil and it fucks up the soil.

            • 3 weeks ago
              Anonymous

              That's about the discount I had in 2014. Neighbor across the street bought around 2017 for over twice what I paid.
              Then from then to now it has doubled again. Only retards bought in the last year or two. I'm certain half or more of their paycheck goes to a mortgage. It should stay at 25%

        • 3 weeks ago
          Anonymous

          Only thing you can do is maximize income and use it to buy bonds at a higher interest rate then you're house and pay the minimum on the mortgage.
          I highly recommend canceling all streaming services, cutting your phone bill, tweaking your car insurance, and buying name brand at the grocery.
          You should be okay in 5/6 years but you will be stuck in that house.

        • 3 weeks ago
          Anonymous

          What the fuck do you care if the price of your house crashed right after you bought it?
          You gonna sell it in the next 2 years?
          Your rate is fixed.
          Your basis is the same.
          Your property taxes are now lower.

          You live in fucking St. Petersburg. I've been there, it's paradise.
          Get some real problems. Stop fucking whining.

    • 3 weeks ago
      Anonymous

      Not sure how you could be that fucking stupid.

  22. 3 weeks ago
    Anonymous

    So what does all this mean for broke normies? Don't buy homes right now and buy metals instead?

    • 3 weeks ago
      Anonymous

      You may wanna buy. Check your county recorder records. If the banks and hedge funds are buying there. Buy now. But if they haven’t bought and are selling, hold off until they start buying again

  23. 3 weeks ago
    Anonymous

    >traveled for work as a government contractor
    >owned a few homes in that time period
    >closing on a new build July 14th hopefully for over 400k in east Tennessee

    I don't even care if it's worth half of that in a year. I'm done moving.

    • 3 weeks ago
      Anonymous

      East Tennessee should be fine

      • 3 weeks ago
        Anonymous

        I've spent many years here. It's a nice place. I never know what to believe anymore with these garden gnomes doing all this shit.

        • 3 weeks ago
          Anonymous

          Downtown Nashville has a gauntlet of absolute partying. I’ve noticed it. Becoming a model in other cities to mirror Bourbon St in New Orleans as a tourist destination.

          • 3 weeks ago
            Anonymous

            It's doing well because white people go there because it's a country music scene. When white people vacation they can abstain from murdering each other so it's a stable place to be.

          • 3 weeks ago
            Anonymous

            Same thing happened to old town Scottsdale. Was fun but now with Airbnb and the words out to visit. Not what it qas 7 years ago.

    • 3 weeks ago
      Anonymous

      That’s similar to some of my family, anon. I hope everything works out great for you and yours.

  24. 3 weeks ago
    Anonymous

    I think WUHAN need MOAR LEMONS

  25. 3 weeks ago
    Anonymous

    Is this linked to the Fed not buying mortgage backed securities anymore?

  26. 3 weeks ago
    Anonymous

    >record inflation

    >"quick let's dump all these physical assets that are in limited supply and people have a high demand for"
    Housing isn't getting dumped.

  27. 3 weeks ago
    Anonymous

    Chinks and poos will buy up all of the houses

  28. 3 weeks ago
    Anonymous

    Increases in mortgage rates make buying a house far more expensive than any in rise in nominal home prices ever would.
    Fed funds rate is going to have to go to 10% to have any effect on inflation. Probably higher.
    Mortgage rates will be 13-15% by this time next year.

    You missed the best time in history to buy a house.

    • 3 weeks ago
      Anonymous

      The goal of the fed isn’t to increase rates to strengthen purchasing power of the dollar, it’s to redistribute assets from the have nots over to the haves. Only idealists see the fed as a good thing

      • 3 weeks ago
        Anonymous

        I didn't say anything on that subject.
        I don't disagree with you, but the Fed has a lot of pressure from everyone on capitol hill to curb inflation so they're not all out of a fucking job come November.
        Historically, the only way to achiever this has been to raise rates above the sustained level of inflation, which is 8.6% annual. That's what's reported anyway.

    • 3 weeks ago
      Anonymous

      Prices will be slaughtered so dont be surprised to see folk with a deposit already in hand start making cash offers with it.

      • 3 weeks ago
        Anonymous

        Lol that would be so kino.

        • 3 weeks ago
          Anonymous

          Ill be one of them as i only need prices to fall by about 20 to 25% to skip the mortgage.

      • 3 weeks ago
        Anonymous

        Most people put 15-20% down on a house.
        If a deposit can now buy you a house, it means that the nominal price of a house has gone down 80-85%.
        Private equity and fund money will bid prices back up long before that happens.

        Remember, the equilibrium state of human economy is lords and serfs.
        Capital accumulates.
        You cannot quantify how much smarter and more savvy an intelligent person is than the average Joe.
        This phenomenon is invisible to most people.

        • 3 weeks ago
          Anonymous

          Lots of house deposits on new builds over here have been borrowed from the government via the Help to Buy scheme. I can buy an early 2000s new build in certain parts of the UK for less than people paid for them in 07 and the party hasnt even got started yet. I wont be surprised to see houses in certain areas lose 80% of their value over here

          • 3 weeks ago
            Anonymous

            If they had to pay it back, that's still a loan. It's just cheap credit, not free money.
            And what about the rest of the value of the house? I'm assuming that had to be paid off as well.

            • 3 weeks ago
              Anonymous

              "You do not have to pay interest for the first 5 years. In the sixth year, you’ll be charged interest at a rate of 1.75%. This will be applied to the equity loan amount you originally borrowed (the equity loan percentage of the property purchase price). This annual interest is spread over the year in monthly payments."

              "The interest rate increases every year in April, by adding the Consumer Price Index (CPI) plus 2%."

              https://www.gov.uk/help-to-buy-equity-loan
              It was just another way to keep prices up.

              >type in 160 Princess Road, Liverpool into garden gnomegle
              >open map
              >banza Africa
              >Masjid Annour
              >Mahuraan Grocery Shop
              >Madina Monowara
              all within 250m
              topkek brong

              Lots of areas like that in the UK,imagine what the avg price of houses will be in the UK once the lower end totally collapses.

              thanks based anon

              no probs lad.

              • 3 weeks ago
                Anonymous

                >https://www.gov.uk/help-to-buy-equity-loan

                what a shit deal

          • 3 weeks ago
            Anonymous

            >type in 160 Princess Road, Liverpool into garden gnomegle
            >open map
            >banza Africa
            >Masjid Annour
            >Mahuraan Grocery Shop
            >Madina Monowara
            all within 250m
            topkek brong

  29. 3 weeks ago
    Anonymous

    >be me
    >homeless

    Let the vacant mansion rush begin

    • 3 weeks ago
      Anonymous

      Come squat in the empty mansion next to mine

    • 3 weeks ago
      Anonymous

      jej, good luck anon.

  30. 3 weeks ago
    Anonymous

    REIT's portfolios are COMMERCIAL property you homosexual.
    >Abandoned Blockbuster Video
    >Mall filled with n-words
    Of course mega commercial is shit. White people shop online and stores are for n-words to steal shit from. Why they close down.

  31. 3 weeks ago
    Anonymous

    14 mins till armageddon

  32. 3 weeks ago
    Anonymous

    there is going to be a world war, Taiwan is going to kick off, no way this level of economic catastrophe happens without a giga happening

    • 3 weeks ago
      Anonymous

      you doomers are so tiring

    • 3 weeks ago
      Anonymous

      picrel works in an around all the politicians in Westminster so gets to hear the rumours.
      https://www.housepricecrash.co.uk/forum/index.php?/topic/244010-ww3/

  33. 3 weeks ago
    Anonymous

    Worked for a foreclosure realtor in 2008 and foreclosure lawfirm in 2010. Had access to all info and the market that got really fucked was 100-400 range (1-5% down). Most dropped at least 50% overnight. But this time there's so much cash on the sidelines I'm interested to see how it plays out along with globohomo goals. Guess it depends on how overleveraged people are. Keep hearing about HELCO loans which will smoke people.

  34. 3 weeks ago
    Anonymous

    Just checked my house, it has appreciated by $80k since I bought it in November of 2019
    WTF

  35. 3 weeks ago
    Anonymous

    >Red deer liquidation event

  36. 3 weeks ago
    Anonymous

    lmaoooo I told you fags that BlackRock et al. wouldn't HODL.

    • 3 weeks ago
      Anonymous

      Oh they hodling. They gonna sell, make money, crash market, and buy again, this time in larger amount. The pipo will probably be distracted by something. Maybe they will drop a nuke on Ukraine; that hohol who was prophesied to die in nuclear hellfire by the digits will finally get it.

      • 3 weeks ago
        Anonymous

        >They gonna sell, make money, crash market, and buy again, this time in larger amount.
        Of course. You only truly capitalize when you sell.

  37. 3 weeks ago
    Anonymous

    they're selling because they need all the money they can to pay GME chads

  38. 3 weeks ago
    Anonymous

    I don't know about dumping just yet
    but I do know that buyers have dropped off a cliff a month ago in my market (denver). My realty guy went from 20+ offers in the first two days to 1 offer between 4 listings. Rolling for price crash by October.

  39. 3 weeks ago
    Anonymous

    It's a hell of a lot easier to be first.

  40. 3 weeks ago
    Anonymous

    It would be terrible if many of these black rock owned properties began to burn down at night

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