Michael Burry drops a black pill on boomers

  1. 3 weeks ago
    Anonymous

    eli5?

    • 3 weeks ago
      Anonymous

      No one wants to buy people's mortgages, mortgage offers and rates will be fucked.

      • 3 weeks ago
        Anonymous

        As in rates will skyrocket?

        • 3 weeks ago
          Anonymous

          yeah

          • 3 weeks ago
            Anonymous

            They will rocket until fed buys out the entire treasury market.

          • 3 weeks ago
            Anonymous

            what about real stores of value like bitcoin?

      • 3 weeks ago
        Anonymous

        Housing go pooppoo peepee

        so burry saying US housing will pop again?

        is there any stats somewhere i can compare with UK? surely is similar situation right?

        • 3 weeks ago
          Anonymous

          Inflation is worse in the UK compared to the US. The pound is also fucked beyond repair.

          • 3 weeks ago
            Anonymous

            so housing wont crash as hard in UK (since in £ terms gone up)

      • 3 weeks ago
        Anonymous

        They won't be laughing at millenials and their avocado toast now. You kept your kids generations so poor they can't buy your rotting properties.

    • 3 weeks ago
      Anonymous

      Housing go pooppoo peepee

      • 3 weeks ago
        Anonymous

        [log in to view media]

        This very good, this painting on bright cave wall grug understand,

    • 3 weeks ago
      Anonymous

      >eli5
      Mommy and Daddy are going to go live in a trailer down by the river, you get tongo to your forever home in the country

    • 3 weeks ago
      Anonymous

      it's over...

    • 3 weeks ago
      Anonymous

      [log in to view media]

      Bobo still got a job to do

    • 3 weeks ago
      Anonymous

      Housing market bubble all over again despite top buyers being absolutely sure that things really would go up forever this time

      • 3 weeks ago
        Anonymous

        Those fucks were infuriating. ''this time it's different'' ''the government learned it's lesson'' ''there are too many safety nets in place now''

        My homosexual colleagues mocked me for not buying in this climate. I can't wait for them to seethe after I snap up a nicer house for half the cost in cosy white neighbourhood.

        • 3 weeks ago
          Anonymous

          Short attention spans like this are a huge reason why crypto cycles will repeat.
          There is a never-ending supply of new blood to sucker in who have no real recollection of the past.

    • 3 weeks ago
      Anonymous

      >ID M00
      mumu goes to the slaughter house

    • 3 weeks ago
      Anonymous

      10 year was pricing 3%. Meaning fed wouldn't reach more than that on rates and probably below it a bit. After cpi the 2 year went to 3% and started climbing. Meaning bond traders are selling the 2 year with 3% rate. Meaning they see the fed rates higher than 3% within 2 year period.

      • 3 weeks ago
        Anonymous

        Why would the 10 year stay relatively flat?

        • 3 weeks ago
          Anonymous

          Why wouldn't it ? Explain like I am a retard.

        • 3 weeks ago
          Anonymous

          Because Interest rates wouldn't be high for a decade.

    • 3 weeks ago
      Anonymous

      [log in to view media]

      MBS = mortgage backed securities. No buyers/bids = banks no longer want to buy mortgages from primary lenders = they don’t want mortgages on their books = mortgages are about to become much harder to get = demand for housing is about to drop off a cliff = housing prices about to plummet.

      But wait, there’s more: for the last 2-3 years, mutual funds, hedge funds, and other large investment firms have begun buying up large amounts of residential real estate as revenue generators. Soooo, unlike in 2008, large chunks of the housing market are now directly connected to the stock market. Housing market crashes = stock market crashes.

      • 3 weeks ago
        Anonymous

        This sounds like a good buying opportunity, for stocks that is as I already own a home.

      • 3 weeks ago
        Anonymous

        we're about to go back to interest rates on mortgages being double digits

        • 3 weeks ago
          Anonymous

          Not gonna happen.

      • 3 weeks ago
        Anonymous

        It's so confusing, because of the covid supply issues and now same shit with war, the building costs have skyrocketed.
        So even if a recession absolutely destroys household income, and rising rates crush demand, will houses actually become cheaper if the building costs are still going up?
        Until chinks finally give up on covid measures, the war stops, and supply bottlenecks are sorted out, then we can expect things to finally settle down.

        • 3 weeks ago
          Anonymous

          Chink is doing on purpose and the war will continue until the west is decimated

          • 3 weeks ago
            Anonymous

            i unironically suspect MSM flue paranoia was there just to cover up real reason everything is going to shit, trade war between china and USA

            • 3 weeks ago
              Anonymous

              Things were looking apocalyptic for the market at the end of 2019 before anyone even heard about covid, so I don’t doubt that they exaggerated covid in order to slow down money velocity so they could have some more time to figure things out

              • 3 weeks ago
                Anonymous

                People have a shirt attention span. They really don't remember how bad shit was. We were over due for a correction 3 years ago and then covid hit and everything went absolutely insane.

        • 3 weeks ago
          Anonymous

          We have natural resources, too.

      • 3 weeks ago
        Anonymous

        [log in to view media]

        by plummet you mean stop going up quite as fast,
        after 2008 banks kept their toxic houses at full price and waited years to sell them rather than lowering prices to a fair value

        • 3 weeks ago
          Anonymous

          >2008 banks kept their toxic houses at full price
          But they are basically zombi banks right now, I don't they can do this now again

          • 3 weeks ago
            Anonymous

            [log in to view media]

            >I don't they can do this now again

        • 3 weeks ago
          Anonymous

          If they own a significant portion of the housing stock, people will squat.

          In fact, it would behoove us to start a Le Dark Web listing of corporate-owned housing so that people can avoid squatting in houses owned by small-time individual investors.

    • 3 weeks ago
      Anonymous

      boomer garden gnome n-words tongued boomer's anuses now boomers go boom and gone are the boomers

    • 3 weeks ago
      Anonymous

      have a nice day

  2. 3 weeks ago
    Anonymous

    post a scantily clad women next time and maybe I will bother reading your post

    • 3 weeks ago
      Anonymous

      Basado. Coomers around the world unite

  3. 3 weeks ago
    Anonymous

    [log in to view media]

    >CASSANDRA B.C.
    >MICHAEL BURRY!!!!!!!!

  4. 3 weeks ago
    Anonymous

    [log in to view media]

    • 3 weeks ago
      Anonymous

      That potato does have an endearing smile.

      • 3 weeks ago
        Anonymous

        yeah, imagine the little spud whinnying like a horse as you ride her.

        • 3 weeks ago
          Anonymous

          There's a cashier at the gas station I work at and she's a tiny little philly I wanna ride.

    • 3 weeks ago
      Anonymous

      Sauce for JOI?

      • 3 weeks ago
        Anonymous

        Cheerleader Gauge.

    • 3 weeks ago
      Anonymous

      Is it only pedos who actually listen to this kid?

  5. 3 weeks ago
    Anonymous

    Why is everybody shitting their pants over the CPI. It was mainly scewed by energy and food products which everybody already knew went up massively and the war in Ukraine won't last forever. Everybody acts like this came out of nowhere.

    • 3 weeks ago
      Anonymous

      >war in Ukraine won't last forever.
      It could last like 5-10 years though.

      • 3 weeks ago
        Anonymous

        nah

      • 3 weeks ago
        Anonymous

        No way dude. That's more outrageous than "BTC to 100K by August." It'll be over early fall, late summer. Where the market will be then, who knows.

        • 3 weeks ago
          Anonymous

          There isn't going to be much of a market left come summer.

        • 3 weeks ago
          Anonymous

          2 weeks

    • 3 weeks ago
      Anonymous

      >War of Ukraine won't last forever
      It probably will
      At least until next year

      America can't capitulate and call it a lost cause because it would mean failure of force projection which upholds the American Dollar
      Russia won't capitulate because it knows if it backs off, they'll turn into yugioslavia with infighting

      This will last until the last hohol, simple as.
      And it will only get worse
      Russia typically begins to project force and make moves when the winds are cold

      • 3 weeks ago
        Anonymous

        Typical take of russian bot, only they use in their narrative, the phrase "until last hohol" tell your curator that no one knows the word "khokhol" outside of the rusian garbage dump, and this tag doesn't work very well

        • 3 weeks ago
          Anonymous

          Get back to /k/ you illiterate, blue collar piece of ZOG bootlicking shit.

        • 3 weeks ago
          Anonymous

          All of this is biden, incompetent dems, and incompetent diplomats' fault btw.

      • 3 weeks ago
        Anonymous

        >it would mean failure of force projection which upholds the American Dollar
        Most retarded thing ever said on these boards.

        • 3 weeks ago
          Anonymous

          You understand that investing in the military was literally for the sake of maintaining world dollar status right?
          The fuck is the matter with you wake the fuck up nothing else is backing the currency, the world had to wait for these assholes to go bankrupt to get their gold back lmfao 52 years in the making.

        • 3 weeks ago
          Anonymous

          >Most retarded thing ever said on these boards.
          I think you get the crown for that. Why do you think Ghadafi hat to die?

      • 3 weeks ago
        Anonymous

        [log in to view media]

        >yugioslavia

        kek

      • 3 weeks ago
        Anonymous

        >a Russian civil war would mean failure of force projection which upholds the American Dollar

        absolute retard take. the truth is Russia has already lost by even having the war,

      • 3 weeks ago
        Anonymous

        >t. low level understanding of geopolitics

    • 3 weeks ago
      Anonymous

      >war in Ukraine won't last forever

      >War of Ukraine won't last forever
      It probably will
      At least until next year

      America can't capitulate and call it a lost cause because it would mean failure of force projection which upholds the American Dollar
      Russia won't capitulate because it knows if it backs off, they'll turn into yugioslavia with infighting

      This will last until the last hohol, simple as.
      And it will only get worse
      Russia typically begins to project force and make moves when the winds are cold

      Wrong
      This (((war))) has nothing to do with power. It’s a fucking casino for (((them))) to make money. Check out the oil price and the war stocks. Also, war ntfs were pretty good sheckle swiping scheme

      • 3 weeks ago
        Anonymous

        (((They))) want global power, and taking over Russia and next China are their objectives neccesary towards it. Russia loses Ukraine, next it has war on their own territory, the same with China next. Sooner we see chinese army troops helping russians in Ukraine or even nukes flying, than them losing the Ukraine war.

    • 3 weeks ago
      Anonymous

      [log in to view media]

      Ride the Bus! https://www.youtube.com/watch?v=jdr8OBQns3g

    • 3 weeks ago
      Anonymous

      No n-word its now moving to shelter and services, aka wages and rent
      That shit doesn’t go down easily
      You don’t negotiate your lease every month
      Or your wages every two weeks

      If it was just goods, it would have been fine. But services inflation is sticky

      • 3 weeks ago
        Anonymous

        >You don’t negotiate your lease every month
        >Or your wages every two weeks
        but you're about to!

    • 3 weeks ago
      Anonymous

      Have they actually psyopped you homosexuals into thinking this shit actually has anything to do with the Ukraine?

      • 3 weeks ago
        Anonymous

        The war has caused oil and gas to go up in price which affects gasoline prices, heat and even electricity prices.
        In Europe, all these have risen somewhere between 50% and 100% as a direct correlation. These costs triggle down to every other aspect of the economy.
        What big event do you think happened simultaneously with the war which caused it instead?

        • 3 weeks ago
          Anonymous

          Oil and electricity prices were already skyrocketing before the war as a result of high inflation, dimwit. The war just exacerbated the effects

          • 3 weeks ago
            Anonymous

            The inflation is only part of it, the panic is the real problem.
            During the pandemic, prices were extremely low as a lot of people didn't drive as much. I bought diesel at less than half the price it is today during that time and was loving it. For the prices to return to normal wasn't a big surprise as the pandemic was over and everything was back to normal. Obviously, I have seen the prices go up, I feel like I am the only one who realizes how much prices have gone up in every sector. The government claims 7% inflation, which is technically true if you look at a specific set of items.
            The problem is, when you always buy the cheapest option in each category, you see a bigger difference.
            Let's say I want "an item" prices went up 10% and then the cheap option sold out and now I have to buy the expensive one which is also up 10%. Effectively, I needed to pay 100 last year, and now I have to pay 250.
            That is the reality in a lot of products.
            We no longer have things on sale, we no longer have the cheap line of products. It seems to be far worse than 2008 once people start to lose their jobs.

            • 3 weeks ago
              Anonymous

              I think the term you're looking for is "demand destruction"

            • 3 weeks ago
              Anonymous

              Thats cuz of supply chain failures everywhere. Its why JPow is wrong to turn the printers off: this inflation isnt gonna go away, its the new normal. China is an unstable trading partner again because they'll close an entire city over a dozen cases of the coof. Adding to that is a war in Europe, and all international trade carries risk premiums from those realities. And they will continue to carry those premiums until everybody restructures their supply chain to not need any of China and any parts of Europe that Russia could overrun.

              This will take years.

        • 3 weeks ago
          Anonymous

          >What big event do you think happened simultaneously with the war which caused it instead?
          meme flu

      • 3 weeks ago
        Anonymous

        no. the war was created to cover their fuck ups. not gonna stop stacking monero and silver/gold.

      • 3 weeks ago
        Anonymous

        [log in to view media]

        >(((risk premium))) doesn't exist, simply, because I don't like it

      • 3 weeks ago
        Anonymous

        >Real-life commodities don't matter

      • 3 weeks ago
        Anonymous

        >WHAT DO YOU MEAN WAR EFFORT REQUIRES GASOLINE!
        Lowest IQ site. Right there with reddit.

    • 3 weeks ago
      Anonymous

      >Everybody acts like this came out of nowhere.
      The normie news has been all hopium and cope for the past year. The official narrative is in fact that this came out of nowhere. How many people actually believed it? Unclear. But many at least *acted* like the official narrative was true, because they wanted it to be.

    • 3 weeks ago
      Anonymous

      >the war
      You mean the sanctions against a very important supplier? Yeah those won't last for long
      The war will probably drag for years

    • 3 weeks ago
      Anonymous

      you dumb n-word. All the "economists" predicted it would be much lower based on previous data. Then it came in much higher (0.3% YoY) and it was across all sectors, not just food and energy. So not only is it not contained to a few things like before, it's also increasing at a faster rate that predicted. Hence the dumps on Thursday & Friday.

    • 3 weeks ago
      Anonymous

      yeah the war in ukraine is causing all the problems, yeah

    • 3 weeks ago
      Anonymous

      Fuck you stupid n-word

    • 3 weeks ago
      Anonymous

      >Why is everybody shitting their pants over the CPI. It was mainly scewed by energy and food products which everybody already knew went up massively and the war in Ukraine won't
      Retard we had inflation at 8% already before putin even put troops on the border. Ukraine isn't a significant part of our economy to get an increase in inflation.

    • 3 weeks ago
      Anonymous

      >It was mainly screwed by the two most fundamental market-attached things to human life consumed and produced.
      Are you being for real?

    • 3 weeks ago
      Anonymous

      [log in to view media]

      >Inflation isn't caused by inflating the money supply
      >It's just Putin's price hike!
      I can't wait for retards like you to be in a fucking soup line in the next couple years

      Do you also think Jan 6 was the worst thing to happen to America?

      • 3 weeks ago
        Anonymous

        It is too late for them, we need to focus on figuring out security for after this society fucking collapses.

    • 3 weeks ago
      Anonymous

      >the war in Ukraine won't last forever

      The garden gnomes in the State Department want it to go on as long as possible. Could be 2 or more years.

      They want to bring Russia to her knees to give their gnomish corporations access to the Ukraine and Russian markets. Your suffering and shitcoin valuations mean nothing to these people.

    • 3 weeks ago
      Anonymous

      Most anons have low time preference, and they don't understand that high interest rates will destroy demand resulting in deflation.

      I will say you will see deflation despite the war in Ukraine.

      • 3 weeks ago
        Anonymous

        Interest rates are still rock bottom though

      • 3 weeks ago
        Anonymous

        Define high

        • 3 weeks ago
          Anonymous

          15-20%+ for 5yrs min

          • 3 weeks ago
            Anonymous

            It is nowhere near that right now and there is currently no Paul Volcker working at the FED right now, they are all cowards.

            • 3 weeks ago
              Anonymous

              exactly buy land in mountains or rural flyovers. homestead and wait it out. learn some real skills.

    • 3 weeks ago
      Anonymous

      Fuck does a war in uktranny means anything for the USA

  6. 3 weeks ago
    Anonymous

    fuck this n-word

  7. 3 weeks ago
    Anonymous

    What the fuck does mean anons?

    • 3 weeks ago
      Anonymous

      [log in to view media]

      New housing loans just went way up, and now no one can buy houses at these price, so housing market goes way down.

      • 3 weeks ago
        Anonymous

        wtf. housing market can't crash. it can't.

        • 3 weeks ago
          Anonymous

          [log in to view media]

          Keep dreaming the dream!

        • 3 weeks ago
          Anonymous

          >it’s just a new paradigm bro!

      • 3 weeks ago
        Anonymous

        Rates are rising wednesday as well correct? Either 50 or 75bp but either way that will effect new mortgage rates, adjustable rate mortgages, HELOCs (which I believe are either adjustable rate or adjustable after a certain time period) and I believe credit cards with adjustable rates because the cost of borrowing money is going up aswell.

        >captcha "HAG Y0"

    • 3 weeks ago
      Anonymous

      Inflation won't be stopped by rate hikes. The FED will keep increasing though, resulting in a world where all assets drop in USD terms, but the basic costs of living keep rising indefinitively.
      In short, you will own nothing, but you won't be happy.

  8. 3 weeks ago
    Anonymous

    This is why you buy what you can afford. They call it a mortgage but a loan is a loan.

    • 3 weeks ago
      Anonymous

      Mortgage in Latin means a “Death Note” or “Death Obligation”.

  9. 3 weeks ago
    Anonymous

    >cassandra
    is this homosexual a trannie or just larping as one to draw attention

    • 3 weeks ago
      Anonymous

      It's a larp as someone blessed to see the future but cursed to have nobody believe their premonitions. Funny considering he's predicted 20 of the last 2 crashes

      • 3 weeks ago
        Anonymous

        Yes but he became a billionaire predicting one of those crashes.

        • 3 weeks ago
          Anonymous

          I'm sure he lost it all shorting the bottom of the covid crash though

          • 3 weeks ago
            Anonymous

            actually he bought a shit ton of google and fb calls at the bottom of the covid crash as well as gme at $4 and bed bath and beyond at $3, both of which 10x'd within a year

    • 3 weeks ago
      Anonymous

      [log in to view media]

      What a lowwit! Never read Song of Ilium!

  10. 3 weeks ago
    Anonymous

    [log in to view media]

    Get ready for Monday morning.

  11. 3 weeks ago
    Anonymous

    How bad are things going to get over the next year or two?

    • 3 weeks ago
      Anonymous

      [log in to view media]

      take your worst expectations and double it

      • 3 weeks ago
        Anonymous

        wow manmade horrors beyond imagining!

      • 3 weeks ago
        Anonymous

        is that real

      • 3 weeks ago
        Anonymous

        [log in to view media]

        my worst expectations are that i make a million buckarinos. Double that bitch bro

        • 3 weeks ago
          Anonymous

          A million dollars will be more like $100 after inflation by 2024.

      • 3 weeks ago
        Anonymous

        that's fucking fake

      • 3 weeks ago
        Anonymous

        Blue beans.

    • 3 weeks ago
      Anonymous

      It’s over November 2021 was the last chance to cash out everything

      • 3 weeks ago
        Anonymous

        I did it in january 2022 but I still have a bunch d0b0 and RVP shitcoins I just left to rot

    • 3 weeks ago
      Anonymous

      Civil War bad.

  12. 3 weeks ago
    Anonymous

    so their plan to dump 9 trillion dollars worth of morgage back securities, totally 20% of the value of all real estate in the united states
    failed?

    • 3 weeks ago
      Anonymous

      Surprisingly, no one wanted to buy the toxic assets the fed bought up to "save the economy" while the fed is currently in the process of imploding the economy.

      • 3 weeks ago
        Anonymous

        Boomers will be shocked when they find out they basically did nothing for 40 years lol

      • 3 weeks ago
        Anonymous

        Well something I've always wanted to know is how much of the housing bubble is built on HELOC and other speculative bullshit that is going to explode like a fucking bomb the second the "housing only goes up" meme stops being true?

        • 3 weeks ago
          Anonymous

          it's just an outdated doomer meme. helocs are harder to get after the 2000s, right now there's a total of $320 Billion in HELOC, as of Q3 2021.
          another figure I saw was that it was 5% of people use it compared to 10% awhile back.

          They may increase in popularity as people try to maintain lifestyles as money get tighter. Same with ARMS, no one has ARMs because they all locked in static rates at 3%. Everyone's hyper-sensitive about 2008 but it's not going to play out exactly the same way. If anything we're closer to 2005.

          • 3 weeks ago
            Anonymous

            Was it only blackrock buying up the houses or was it just vast reserves of previously unheard of boomer money dropping all those "cash" offers.

            There has never been a period in living memory of such irrational exuberance where people were making cash offers 40% over asking with no inspection.

            • 3 weeks ago
              Anonymous

              the fed was buying any MBS it could to save us from covid. so the banks took advantage of that and increased sub-prime lending, knowing the fed would buy them. They even made up a new word for it in their earnings reports.
              it wasn't just blackrock, the banks were approving more loans than ever because they were no risk to them. Now as the fed tries to sell those back to the market no one will put up bids anywhere near these prices. that's the real risk. is no one steps up to buy the MBS as they get sold off.
              and the lack of liquidity causes everything else to dump hard too.

              • 3 weeks ago
                Anonymous

                Ok that makes sense. I saw that the difference between median income and median house price is the widest it has ever been in recorded history and I could not figure out where the fuck that money was coming from.

  13. 3 weeks ago
    Anonymous

    How will the Fed unwind it's MBS bags to tighten if there is no buyer?

    • 3 weeks ago
      Anonymous

      [log in to view media]

      Tax payer will alway be force to buy, the fed bags!

      • 3 weeks ago
        Anonymous

        Your Pic Rel is the Truth and the Way.

  14. 3 weeks ago
    Anonymous

    Every time you think things are going to get better, remember the 2024 election is just over the horizon, and no matter if Trump runs or not, Democrats will do literally anything to win, including keeping the useless war narrative and funding running play top gear while gaslighting everyone on how it's necessary pain for the west

    • 3 weeks ago
      Anonymous

      kicking the can down the road has now resulted in the highest inflation in 40 years
      theres nothing left that can be done, they can't print their way out anymore

      • 3 weeks ago
        Anonymous

        Time to BRRRR up a little infrastructure before it's over lol

      • 3 weeks ago
        Anonymous

        This. There’s no where left to run now.

      • 3 weeks ago
        Anonymous

        We going to kill garden gnomes for real this time, that’s what can fkn be done

        • 3 weeks ago
          Anonymous

          You ain't gonna do shit anon. At most you're gonna shoot up some wagecucks at the local Chilis.

          • 3 weeks ago
            Anonymous

            why not the biggest bank in the largest city of my state, snuffing out the life of bank tellers and retail bankers, sending a message

        • 3 weeks ago
          Anonymous

          no, anon. even if you managed to do that they have communities all over the world so it's basically impossible at this point. the best you could do is convince people that garden gnomery is bad for them and they should forbid anyone from exercising it (basically kicking them out).

        • 3 weeks ago
          Anonymous

          It woud take a global revolution to kill them all or hold them to account. A coordinated, global revolution across languages and cultures with a mutual understanding for one another between the haves and have-nots. The capitalist class that sold the futures of younger generations for their own comforts and egos in the now.

          If shit craters, they'll all flee the country for South America, EU countries, Africa, Middle East, South Asia, Central Asia, Oceania. A public demonstration and well circulated narrative is most important, but while the military might schism into various ethno-social factions, you can bet they'll wield the police union like a cudgel to safeguard Wall Street's infrastructure even if those same officers are getting screwed in their personal lives with the rest of the civvies.

          • 3 weeks ago
            Anonymous

            Good thing with the internet there is no place for them to hide.

          • 3 weeks ago
            Anonymous

            bro, do you know how powerful the US military is?

        • 3 weeks ago
          Anonymous

          109 countries.

          You ain't gonna do shit anon. At most you're gonna shoot up some wagecucks at the local Chilis.

          You ain't gonna do shit anon. At most you're gonna shoot up some wagecucks at the local Chilis.

          >At most you're gonna shoot up some wagecucks at the local Chilis.
          We're not all American mutts, my gnomish footstool.
          109 countries.

      • 3 weeks ago
        Anonymous

        c-ch-checked

  15. 3 weeks ago
    Anonymous

    Housing market is about to rugpull like a BSC shitcoin. There will be NO exit liquidity for hoomers.

    • 3 weeks ago
      Anonymous

      >Housing market is about to rugpull like a BSC shitcoin. There will be NO exit liquidity for hoomers.

      You wish. Housing market won't crash again.

      • 3 weeks ago
        Anonymous

        Yes it will, this will end in a bubble for sure, just mass psychology, it's always the same. It will take at least 4-5 years. The time frame is uncertain but it's just like bitcoin from $4k to $8k, it's just the beginning. For example in 05 the market was already fucked and it took 2 years to crash. You got to be patient. In the meantime it's good to invest but I already know what the next trade is going to be after this period

        • 3 weeks ago
          Anonymous

          [log in to view media]

          The market been fucked since the last quarter of 2019, the fed had to give just 3 bank 4.5 trillion, this was why they releaseed covid.

        • 3 weeks ago
          Anonymous

          >but I already know what the next trade is going to be after this period
          what trade is that anon?
          >water

        • 3 weeks ago
          Anonymous

          Stupid fuck. The market was NOT fucked in 05. It was still rising and really just taking off. Shut the fuck up dude. You’re an idiot

    • 3 weeks ago
      Anonymous

      i saw a post on Reddit yesterday of a guy bragging he invested in real estate rather than crypto...

      • 3 weeks ago
        Anonymous

        how is that a bad thing? Real estate is too strong and powerful to crash.

        • 3 weeks ago
          Anonymous

          [log in to view media]

          >Real estate is too strong and powerful to crash.

        • 3 weeks ago
          Anonymous

          Soon over.

        • 3 weeks ago
          Anonymous

          >Real estate is too strong and powerful to crash.
          10/10

        • 3 weeks ago
          Anonymous

          Holy shit, I see that we are literally at the top

        • 3 weeks ago
          Anonymous

          Holy shit, I see that we are literally at the top

          on the way down anon

      • 3 weeks ago
        Anonymous

        Real estate will recover after a bubble. Bitcoin will not.

    • 3 weeks ago
      Anonymous

      >There will be NO exit liquidity for hoomers
      their children will inherit the houses

  16. 3 weeks ago
    Anonymous

    RIP to boomer HELOCs that went directly into the market (or perhaps were even rehypothecated into more home loans to form their little Boomer real estate empires)

  17. 3 weeks ago
    Anonymous

    Reminder this n-word is always too early. You've got 1 year+ before shit really goes down.

  18. 3 weeks ago
    Anonymous

    The blackpill is literally everything is going to shit and there is no way to win, you can only make bets that you will lose less then others. Even shorts won’t save you as hyper inflation will btfo your fiat gains

    • 3 weeks ago
      Anonymous

      The thing that matters is that things will fall apart very quickly without intervention, and without intervention the democrats are instantly losing the midterms and in 24. Markets are having near record poor performance, consumer sentiment is lowest in generations, inflation highest in generations. The only card the fed can play is destroying the economy so less people want to spend money, that is it.

      So the question is whether or not you think the Dems will eat the shit cake and let the economy collapse for years and correct at the cost of probably a republican super majority. Obviously they are selfish so they will start relief programs to get votes, which means the fed will have to buy bonds again which means QE which means money printing. It is just a matter of waiting for it.

      • 3 weeks ago
        Anonymous

        [log in to view media]

        See you on the other side anon!
        Remember both parties spent a fuckton as well, no saviour coming!

        • 3 weeks ago
          Anonymous

          I'm not saying it to be partisan, if Trump was still president the same thing would happen, in fact it did happen when they resumed QE after trying to taper under Trump. Whoever is in power never selflessly relinquishes power, especially not now in a period of hyper partisan and divided politics.

          >housing will never crash just like bitcoin will go to $100,000

          Housing may not crash like in 2008 but the bubble is magnitudes worse than it was then.

          It isn't really a bubble like in 08, 08 caught everyone off guard, and they saved it by reinflating the economy by having the fed swap toxic bonds at fair value. It is their imperative that there aren't any housing shocks since the housing market is a foundational element of the economy. If the housing market actually crashes, then banks start to crash, if banks actually crash, society crashes.

          • 3 weeks ago
            Anonymous

            I'm not so sure though. Because if they just print money to bail out the banks the already steep inflation will just be off to the fucking races and society will crash that way as well.

            We have to take at least part of this on the chin and suffer a recession/depression. I'm not some wishy washy retard hoping that I can slurp cheap real estate I'm just describing what I see.

            • 3 weeks ago
              Anonymous

              >I'm not some wishy washy retard hoping that I can slurp cheap real estate
              I am. Last year was the first opportunity for me to jump in and own a home. Now prices and rates are pushing that opportunity away.

            • 3 weeks ago
              Anonymous

              Exactly. The money printing came way too early. That should tell you something. When the housing market crashes the citizens won’t be getting bailed out this time. Hoping there’s a way where I get to finagle my house out from under the garden gnomes tho

          • 3 weeks ago
            Anonymous

            >If the housing market actually crashes, then banks start to crash, if banks actually crash, society crashes.
            Then I pray it does. Society is so wicked and broken I'd rather see all my ports burn to see it go too.

          • 3 weeks ago
            Anonymous

            > 08 caught everyone off guard,

            My god you’re so fucking stupid. No one was caught off guard except kids and fools

            • 3 weeks ago
              Anonymous

              If no one was caught off guard then how come big banks got dicked?
              I mean lehman did go tits up

      • 3 weeks ago
        Anonymous

        Not terrible analysis anon but Dems are already fucked on midterms regardless of what's going on with the economy.

        • 3 weeks ago
          Anonymous

          A lot of people buying the top reallocated resources from the stock market which was extremely frothy, which is why the market seemed fine with prices skyrocketing month over month.

          All the money from the stimulus checks went to companies, which then went into the market, which then got cashed out and converted into real estate.

          [...]
          They still have 6 months and a lot can change, say Biden starts forgiving student loans, or starts price controls for food and gas, then suddenly people stop caring about the economy and start caring about roe v wade or whatever identity politics to bring it back to parity.

          >2022
          >still pretending political theater matters even in the slightest
          How fucking retarded can you possibly be?

          • 3 weeks ago
            Anonymous

            We are literally in this position because of politicians prioritized politics over policy, I don't know what you are talking about.

            I'm not so sure though. Because if they just print money to bail out the banks the already steep inflation will just be off to the fucking races and society will crash that way as well.

            We have to take at least part of this on the chin and suffer a recession/depression. I'm not some wishy washy retard hoping that I can slurp cheap real estate I'm just describing what I see.

            It is the best of 2 bad choices for them, because otherwise the economy just collapses and that's it. It is the same decision they made in the 80s with savings and loans, 08 gfc and every time they tried tapering off QE since then. This is how hyperinflation and debasement happens, just like how it has happened in every other reserve currency in the past. Given financial and political ruin or inflation, governments will always choose the latter.

            • 3 weeks ago
              Anonymous

              No, we're literally in this position because this position was what was the intended result of their actions. They do not need anybody's approval, or even to have the faintest veneer of legitimacy, do you seriously think they design their actions around the opinions of the unwashed masses, or for something as flagrantly false as the red team blue team dichotomy?

            • 3 weeks ago
              Anonymous

              We've never had a really truly global reserve currency before, so when the dollar rugs the whole planet will rug with it. The question is whether it rugs before or after the US.

              • 3 weeks ago
                Anonymous

                Housing market hasn't rugged. So economy is safe.

              • 3 weeks ago
                Anonymous

                >yet

              • 3 weeks ago
                Anonymous

                That's the silver lining: If housing looks like it is going to rug, that gets Boomers into play. Which means Biden will shove his arm up Jerome Powell's ass and manipulate him like a grotesque meat puppet to turn the printers back on.

              • 3 weeks ago
                Anonymous

                lmao do you think biden even knows what day it is? His handlers may put that pressure on but he's a Weekend At Bernie's situation.

              • 3 weeks ago
                Anonymous

                For our purposes it's the same thing. You can read "Biden" as shorthand for "the deep state power structure currently animating his rapidly cooling flesh" if it makes you feel smarter. You're not, tho.

              • 3 weeks ago
                Anonymous

                I bet you make lots of friends. Do a lot of people like to hang around hearing about how smart you think you are?

              • 3 weeks ago
                Anonymous

                They do, because I say it so well. You?

              • 3 weeks ago
                Anonymous

                I'm sure they line up to hear it.

              • 3 weeks ago
                Anonymous

                Stop talking like a fag

              • 3 weeks ago
                Anonymous

                Biden has moments of clarity in between his fugue states. Doesn't matter though, Powell won't need any convincing once unemployment starts going up. He's not going to crash all his buddies' assets in any serious way, he's not going to allow a second depression. This is just the deflation before the hyperinflation. This is where the wealthy get just a bit richer by buying the last bottom.

              • 3 weeks ago
                Anonymous

                My question has been the same though-hyperinflation is just as dangerous and destabilizing as a depression and can quickly get wildly out of control. If the dollar hyperinflates and the world dumps it as a reserve currency you kiss goodbye to the current ZOG world hegemony and all kinds of crazy shit opens up.

                There's no easy way out of this but I totally get why you believe that they won't choose austerity because it's political suicide to do so.

              • 3 weeks ago
                Anonymous

                There's no way out of it, easy or hard. Either the US rugs the planet - endangering their world order - or they rug themselves, endangering the thing the world order is nominally set up to protect.

              • 3 weeks ago
                Anonymous

                The world was rightly terrified of the US military industrial complex. That's what the dollar is backed by.
                If they can't afford a war, or people don't fight for the system.... then as Putin said in 2007 we get a multipolar world.

              • 3 weeks ago
                Anonymous

                Multipolar yes, looking at all like what Putin (or you (or I) envisioned? absolutely fucking not. The US isn't going to collapse that far, not because I believe in America but because I believe that if the chips are down globally the US still having the guns on a global scale means that it can extort or grant protection to get what it wants, which is an option almost nobody else has, especially not the states that most people perceive of as America's rivals.

              • 3 weeks ago
                Anonymous

                [log in to view media]

                At the tippy to of fed funds when they announce we Ching Chong will sell their us bonds at ath and send yields out of control. And though they all fuck(gay) behind closed doors usgay will "muh china" just like they "muh Russia" the poo tin joo. Then muh fortified portfolio reverse repo bankfags with their bonds will panic aaaaaah fucking sell having bought fucking 20yrs on a dismal 1.5% yield. Banks go insolvent as 10yo girls without shoes on margin call them "low yielding bonds? waddelse U got mr" FUCKING NOTHING YOU BASTARD BITCH. "Muh interest rate doin somethin'" Honey our Zillow estimate worldwide saturnalia repo like in 1930s. They always go the inflationary root until it's not profitable to do otherwise. Verification not required. Pic very related

              • 3 weeks ago
                Anonymous

                Qe* fucking qui is in charge of autocorrect

              • 3 weeks ago
                Anonymous

                Based drunk poster.

              • 3 weeks ago
                Anonymous

                >Rugs world
                >Largest military
                >Largest force projection
                >Largest economy

                Guess who needs the good ole USA to restore order again?

              • 3 weeks ago
                Anonymous

                I was in the army. You need to pay us something to do that job, unless you convince us there's a super good reason to go fight and die.

              • 3 weeks ago
                Anonymous

                checked

              • 3 weeks ago
                Anonymous

                One thing no one talks about is as much as US shits up the world being the world’s police, we do keep the seas relatively stable. Imagine the level of piracy and chaos that will go up when the world order falls apart, you thought the supply chain was bad now…you might see countries like Lebanon took completely over by Hezbollah or Mexico the cartels, total medieval boss-tier shit.

      • 3 weeks ago
        Anonymous

        >still thinking in terms of political parties
        Like the Republicans can do anything to fix any of this? We're fucked big guy, and if you think muh left or muh right is what this is really all about then you have been propagandized beyond hope.

  19. 3 weeks ago
    Anonymous

    Has there ever been a time when housing has gone down but equities or something else like crypto has went up?

    My impression is just that everything goes down at the same time and I guess that's what's happening here

    • 3 weeks ago
      Anonymous

      2009

      Housing did not bottom until 2011

    • 3 weeks ago
      Anonymous

      Not really. There are very few times housing went down in a significant way. The great depression and the 08 crisis were the only times. There have been many times during recessions when housing went down a little but only a little. Housing used to be just housing and not an investment like now.

      • 3 weeks ago
        Anonymous

        houses are going to infinity
        bonne chance

      • 3 weeks ago
        Anonymous

        Housing IS going to crash massively. It’s a fucking retarded investment. Especially if you live in the United States - when the economic pain truly sets in, Americas crime rate is going to absolutely skyrocket and all of these foreigners propping up US housing are going to try to get the hell out

        • 3 weeks ago
          Anonymous

          The choice is inflationary or deflationary depression lol. They always choose inflationary.

          • 3 weeks ago
            Anonymous

            Yeah and it will be inflation of fuel and food and raw materials. Overvalued real estate (Practically all real estate) and stocks will not be inflating as peoples priorities turn to feeding themselves and keeping warm.

            Really the only exception is likely rural property as the rich try to mass exodus the chaos of chaos of urban America.

            • 3 weeks ago
              Anonymous

              Credit expansion fuels the housing however, the future value of the interest is going to be shit, they will force banks to lend. Biden already lowered standards again a few months ago.

              • 3 weeks ago
                Anonymous

                > Credit expansion fuels the housing however

                You are operating under an assumption that this is always true. Like I said, when people can barely afford to buy fuel, they are going to borrow money for a house. If they are going to enslave themselves to lenders, they are going to do it for food. It’s fucking over. There is no strategy for what is coming. You are fucked if you own a home (Unless your home is out in the middle of the bluegrass mountains far away from mainstream society), you are fucked if you don’t.

              • 3 weeks ago
                Anonymous

                Yeah there's a large percentage of people that were barely making it before record gas costs and further pain is going to create a cascade of bankruptcies and foreclosures.

                Does anyone seriously think that someone that just bought at the top in early 2022 isn't house poor?

              • 3 weeks ago
                Anonymous

                Living is expensive lol, it always has been. We're using debt to make it seem like it's affordable but inflation is forcing the payment regardless. Most americans dont fucking do anything useful.

              • 3 weeks ago
                Anonymous

                A lot of people buying the top reallocated resources from the stock market which was extremely frothy, which is why the market seemed fine with prices skyrocketing month over month.

                All the money from the stimulus checks went to companies, which then went into the market, which then got cashed out and converted into real estate.

                Not terrible analysis anon but Dems are already fucked on midterms regardless of what's going on with the economy.

                They still have 6 months and a lot can change, say Biden starts forgiving student loans, or starts price controls for food and gas, then suddenly people stop caring about the economy and start caring about roe v wade or whatever identity politics to bring it back to parity.

              • 3 weeks ago
                Anonymous

                I think that's their plan. I'm sure around August they'll make an official announcement about 10-20k means-tested student loan forgiveness. Price controls for food and gas are harder to predict but are on the table. And you're absolutely right that the Dems want to focus on Roe vs Wade. However, I think they're going to lose specifically because I don't see that strategy working. Too many people are still too checked out and demoralized (even groups that Dems rely on activating for their ground game) for them not to lose one if not both of the houses.

                [...]
                >2022
                >still pretending political theater matters even in the slightest
                How fucking retarded can you possibly be?

                You're right. I'm not sure why you believed I was suggesting otherwise.

              • 3 weeks ago
                Anonymous

                I think stimulus via price controls will be more likely because the only people that care about loan forgiveness are people who got expensive, useless liberal arts degrees which are probably voting democrat anyways.

                No, we're literally in this position because this position was what was the intended result of their actions. They do not need anybody's approval, or even to have the faintest veneer of legitimacy, do you seriously think they design their actions around the opinions of the unwashed masses, or for something as flagrantly false as the red team blue team dichotomy?

                So they printed money to instigate an economic crisis so they could lose power? This isn't about partisanship this is about power.

              • 3 weeks ago
                Anonymous

                >lose power
                How, exactly? By enacting biosecurity laws that five years ago you would have been called schizo for describing? By completely obliterating what little independence the middle class had via shuttering small businesses? By getting an even larger percentage of the public completely reliant on the government for their continued survival?

              • 3 weeks ago
                Anonymous

                They printed money because they are beholden to the interests that ended up with it. How clueless are you?

              • 3 weeks ago
                Anonymous

                >so they could lose power? This isn't about partisanship this is about power.
                Exactly, ruin the economy and system so much the sheep are begging for an answer from the same people who caused the problem. Hegelian Dialectic and the beauty of having two controlled parties. One can always take the fall and the other can always pose to be the savior. Pure theater that we pay for.

              • 3 weeks ago
                Anonymous

                high iq post

              • 3 weeks ago
                Anonymous

                $10k-20k loan forgiveness

                If they do that I’ll be pissed. Unless they give everyone 10-20k. If you have a loan, the money goes right to their lender. Else it goes right to your bank account

              • 3 weeks ago
                Anonymous

                Looooooool ok boomer

              • 3 weeks ago
                Anonymous

                I understand, but people will re-allocate capital because housing is still real.
                Own gold and silver, but understand that the houses go vertical too every single time.
                When the society itself becomes a nightmare, the houses go down to reality but nobody ever believes that their people, neighbours, tribe.. can ever devolve like that. They will use the credit to buy a hard asset.

              • 3 weeks ago
                Anonymous

                You’re right, housing is real. But that doesn’t change the fact that housing is absolutely overpriced and inflated. The housing is real, the current price of a house is not real.

              • 3 weeks ago
                Anonymous

                It’s pure cope to think investing in securities and real estate is going to protect you from what’s coming. If anything I think assets are going to become a bigger liability. The federal government is going to try to protect itself from the hungry poor, and the way they’re going to do that is buy fleecing anyone who owns assets. Jacking up taxes on capital gains, jacking up property taxes.

              • 3 weeks ago
                Anonymous

                yes but they still have credit necessary to suppress gold and silver and the credit expansion to finance home price increase. The price of home in gold ounces may rise, one final time, before somebody on this fuckign planet starts repricing the gold.

            • 3 weeks ago
              Anonymous

              Rural America is just as fucked crime wise with roving bands of meth heads and heroin junkies that rob and pillage to get their next fix.

              • 3 weeks ago
                Anonymous

                guns solve this

              • 3 weeks ago
                Anonymous

                Meth heads are the gun owners in rural America.

              • 3 weeks ago
                Anonymous

                Its incredible how distorted peoples view of rural America is. Not everywhere is Appalachia. I live in the boonies, all of my neighbors are either retired and have a billion toys (side by sides, heavy equipment, constant home renovations that they do themselves), or work as pilots or for the DoD, etc. etc. There are always run down trailers when you live in unregulated areas, but there aren't bands of junkies and high crime in these areas because everyone knows everyone and the bad weeds get plucked. Plus everyone has an arsenal and gun shots are heard daily as people shoot for fun in their own ranges.

              • 3 weeks ago
                Anonymous

                Appalachia is peaceful, it's everywhere else rural that's a clusterfuck. You don't hear about the large amount of crime because everything is spread out and things get handled informally or are swept under the rug. You're an idiot if you think all those guns are held legally, that kids aren't driving and drinking and taking drugs well before they're supposed to be, that domestic violence rates aren't high, that people aren't shoplifting religiously at Wal-Mart, that sketchy deaths aren't ruled suicides all the time, actual suicides (thank you, o gun ownership's ripest fruits) etc. That's before you get to all the white collar crime that's paying for those toys. Embezzlement, fraud, federal and state funding getting passed around under the table, money laundering, etc. If it looks too good to be true, it probably is. Cities are rich because of the critical mass of people and industry; rural wealth is either city slickers bringing their money with them or rural folk "extracting" it by less-than-savory means.

                Anyway, in a collapse, rural areas that don't revert to stone-age circumstances are always shelled-out, mined-up hellholes. The safest places are heavily-guarded suburban enclaves, places that are close enough to the city to send the help out to get supplies but far enough away that unless you knew where you were going you probably wouldn't even know it existed. This is how it worked in places like Afghanistan, and you can find evidence of such dynamics dating back to Rome. If you have means, the last place you want to be during civil distress is in Bumfuck, Flyover, about equal to the inner city.

              • 3 weeks ago
                Anonymous

                White collar crime doesn't count

              • 3 weeks ago
                Anonymous

                White collar crime is why we're in this mess.

                >heavily guarded suburban enclaves with no food production are safer than rural farmland where you are allowed to feed yourself without an HOA breathing down your neck

                >he thinks he's going to be in the walking dead where he can just freely walk into cities and "grab supplies" as if there won't be roving enclaves of gangs and hunters in the cities

                >he's comparing suburbs to places like Afghanistan

                >he thinks rural neighbors aren't already a functioning community of bartering and assistance that suburb dwellers larp about being just because they bake each other brownies once a month

                >heavily guarded suburban enclaves with no food production are safer than rural farmland where you are allowed to feed yourself without an HOA breathing down your neck
                Unironically yes. See: every Warring States period drama ever. Farmers get fucked and people who can hire soldiers survive.
                >he thinks he's going to be in the walking dead where he can just freely walk into cities and "grab supplies" as if there won't be roving enclaves of gangs and hunters in the cities
                Unless there's a full collapse, at which point roving gangs will absolutely buttfuck anyone without a walled compound, ports and trading posts will always be accessible. You don't fuck with the supply line except during war or total collapse.
                >he's comparing suburbs to places like Afghanistan
                Please go read.
                >he thinks rural neighbors aren't already a functioning community of bartering and assistance that suburb dwellers larp about being just because they bake each other brownies once a month
                You rely on imported supplies as much as anyone so.
                The only exception might be Alaskans and that's just because being absolutely cut off from everyone without a fucking airplane ride to the next town over is the norm. If you can reach your community by car you're part of the network and rely on it.

              • 3 weeks ago
                Anonymous

                >heavily guarded suburban enclaves with no food production are safer than rural farmland where you are allowed to feed yourself without an HOA breathing down your neck

                >he thinks he's going to be in the walking dead where he can just freely walk into cities and "grab supplies" as if there won't be roving enclaves of gangs and hunters in the cities

                >he's comparing suburbs to places like Afghanistan

                >he thinks rural neighbors aren't already a functioning community of bartering and assistance that suburb dwellers larp about being just because they bake each other brownies once a month

        • 3 weeks ago
          Anonymous

          sounds amazing

      • 3 weeks ago
        Anonymous

        The difference is that housing has never been as highly leveraged as now.

      • 3 weeks ago
        Anonymous

        [log in to view media]

        19th century US had very vicious localized housing crashes. (My chart doesn't cover them)

        • 3 weeks ago
          Anonymous

          1800s? Why not send this further back! Let's look at renaissance and medieval housing markets too!

          • 3 weeks ago
            Anonymous

            [log in to view media]

            >1800s? Why not send this further back! Let's look at renaissance and medieval housing markets too!
            Because back then you had honest money!
            Can't use housing prices from a fake and gay fiat system That has existed since WW2. The data is just very biased in these systems.

        • 3 weeks ago
          Anonymous

          >you had to wait until X to see any appreciation
          as it should be. imagine thinking it's normal for a house to appreciate over time.

      • 3 weeks ago
        Anonymous

        [log in to view media]

        Man to missed the 79 crash and the 91 crash

      • 3 weeks ago
        Anonymous

        Housing in California is going to crash to Detroit levels in someplaces. The era of code monkeys being paid 300k a year to make buttons on a web page just ended, tech companies will have layoffs for the first time since 2001 and the salaries will be downscaled by a lot.
        This will be accelerated by Web3 and crypto services.

        • 3 weeks ago
          Anonymous

          Pivoting to the web 3 distributed meme before it's too late. Thanks

        • 3 weeks ago
          Anonymous

          There's that nice 32 hour Blockchain solidity JavaScript course on YouTube. Thanks for the info. Going balls deep into web3.

          • 3 weeks ago
            Anonymous

            Link? I'm a sysadmin with scripting experience and considering going into DevOps. But I'm also seriously considering going into web3 to leverage myself for what comes in a few years after the downturn

          • 3 weeks ago
            Anonymous

            Housing in California is going to crash to Detroit levels in someplaces. The era of code monkeys being paid 300k a year to make buttons on a web page just ended, tech companies will have layoffs for the first time since 2001 and the salaries will be downscaled by a lot.
            This will be accelerated by Web3 and crypto services.

            UX designer here. How do I profit from web3?

        • 3 weeks ago
          Anonymous

          >Housing in California is going to crash to Detroit levels in someplaces. The era of code monkeys being paid 300k a year to make buttons on a web page just ended
          Sure it is, anon....
          Not like some of the most used services humanity has ever seen are built in that sector or anything

      • 3 weeks ago
        Anonymous

        You’re a dumb n-word if you don’t think the housing market is on the verge of major collapse

  20. 3 weeks ago
    Anonymous

    [log in to view media]

    Post what you’ll be buying and when. Picrel when it goes to $120k

    • 3 weeks ago
      Anonymous

      What money are you going to use to buy it?

      Everyone begging for a housing crash are delusional. Houses won’t become affordable for you in the event of a housing crash because like most of the country you will likely end up unemployed in mass layoffs, your portfolio is going to dump to hell, your money will be spent covering all of the increased expenses like energy and food lol

      • 3 weeks ago
        Anonymous

        what expenses do you even have if you dont have children
        honestly dont get retards like you

    • 3 weeks ago
      Anonymous

      Are you seriously expecting a -97% real-estate correction for the Alaska luxury market?

  21. 3 weeks ago
    Anonymous

    Holy fug is it really happening? 2008 2, No Escape edition?

    • 3 weeks ago
      HARBINGER OF THE MELTDOWN

      it is indeed
      your money is safe nowhere but in your mattress
      oh the irony

  22. 3 weeks ago
    Anonymous

    >housing will never crash just like bitcoin will go to $100,000

    Housing may not crash like in 2008 but the bubble is magnitudes worse than it was then.

  23. 3 weeks ago
    Anonymous

    [log in to view media]

    From what I can tell the fed will break something by doing QT and raising rates. Causing the dow to drop over 50%. The fed will then come in with QE but only for government bonds. Meaning interest rates still remain high and the normies are fucked.

    Real Estate will probably continue to crash. However I can see a scenario where it doesn't either.

    It's really a 50/50 coin toss right now. Would love people more educated to chime in.

    • 3 weeks ago
      Anonymous

      It won't crash. Ask any boomer. They said it won't So it won't.

    • 3 weeks ago
      Anonymous

      Dollars must be borrowed into existence, which is why they cut the fed funds rate before major treasury moves.

    • 3 weeks ago
      Anonymous

      housing at the least has peaked. stock market might dip another 20% simply because of momentum.
      but government deficit spending is through the roof, and every month of that is millions of boomers getting huge paychecks from the government to spend on entertainment and restaurants.
      There will be lots of pressure on young people to support this but rather than a depression where there are no jobs, they're just low-paying jobs.

      "QT" + high deficit spending = mostly neutral money supply. but it takes more months to stabilize

    • 3 weeks ago
      Anonymous

      There also was a post by some anon about cbms crashing will make our real estate crash worse than 2008

    • 3 weeks ago
      Anonymous

      n-word n-word n-words

  24. 3 weeks ago
    Anonymous

    [log in to view media]

    Was this anon right

    • 3 weeks ago
      Anonymous

      [log in to view media]

      At the tippy to of fed funds when they announce we Ching Chong will sell their us bonds at ath and send yields out of control. And though they all fuck(gay) behind closed doors usgay will "muh china" just like they "muh Russia" the poo tin joo. Then muh fortified portfolio reverse repo bankfags with their bonds will panic aaaaaah fucking sell having bought fucking 20yrs on a dismal 1.5% yield. Banks go insolvent as 10yo girls without shoes on margin call them "low yielding bonds? waddelse U got mr" FUCKING NOTHING YOU BASTARD BITCH. "Muh interest rate doin somethin'" Honey our Zillow estimate worldwide saturnalia repo like in 1930s. They always go the inflationary root until it's not profitable to do otherwise. Verification not required. Pic very related

      Yes see my post. It will correlate with Chinese sale of us treasuries and they will "muh china"

    • 3 weeks ago
      Anonymous

      Has the bond market collapsed?

      • 3 weeks ago
        Anonymous

        >Burry says no MBS buyers
        >Bond market red
        >Bonds usually nuked by rate increases anyway
        >rates also increasing and will increase more in future
        I would say we're pointing that way

    • 3 weeks ago
      Anonymous

      Pretty much, yes.

      There also was a post by some anon about cbms crashing will make our real estate crash worse than 2008

      I found it

      [deleted post]

    • 3 weeks ago
      Anonymous

      so you're telling me the bond are dog shit wrapped in catshit?

  25. 3 weeks ago
    Anonymous

    so it's unironically over?

    • 3 weeks ago
      Anonymous

      possibly

    • 3 weeks ago
      Anonymous

      whats over? Real estate isn't crashing.

    • 3 weeks ago
      Anonymous

      For the next 10-15 years, probably. We had an insane generational bullrun where the peak had jpegs of monkeys going from $0 to $600k each in less than 1 year. More than half a million dollars for a monkey jpeg. It really can't get any more frothy than that

      • 3 weeks ago
        Anonymous

        yeah good point. now take this absurdity and triple it before this is really over.

  26. 3 weeks ago
    Anonymous

    so...hold cash and blow your stacks on stocks in 2023 during the recession?

  27. 3 weeks ago
    Anonymous

    >nobody is buying MBS
    Is this true? If so isn't this the largest red flag in all history for shit is about to all come crashing down? The housing market was being kept up by tens of billions of dollars of printed money being shoveled in through firms like Blackrock, if they're not even buying at that volume any more does it not mean the whole housing market is going to implode within 2 years?

    • 3 weeks ago
      Anonymous

      It just means interest rates will get double digits.

  28. 3 weeks ago
    Anonymous

    [log in to view media]

    Post a anime girl with exposed thighs next time and maybe I might respond to your post. Maybe

  29. 3 weeks ago
    Rodney Artman

    Boomer here

    who is Michelle burry?
    what's a black pill?
    what even is this website here?
    why is it on my computer?
    I want to talk to tech support please

    regards,
    Rodney Artman of Topeka, Kansas

    • 3 weeks ago
      Anonymous

      kek

    • 3 weeks ago
      Anonymous

      this, boomers are oblivious they listen to tv and most of them dont even know what twitter is

  30. 3 weeks ago
    Anonymous

    If you cant handle 3-5% interest rates on your house, you cant afford owning a house. No shit that housing will crater. And by crater I mean return to pre Covid levels. 20-30% drop-off is all you can hope for.

    • 3 weeks ago
      Anonymous

      > And by crater I mean return to pre Covid levels. 20-30% drop-off is all you can hope for.
      That’s all I want. The pre-Covid prices were justifiable. The housing rally since COVID has been entirely fake and gay.

  31. 3 weeks ago
    Anonymous

    [log in to view media]

    crypto is a confirmed hedge to this mess
    choose wisely tho, because the shitty projects are about to nose dive
    loading my api3 bags as we speak

  32. 3 weeks ago
    Anonymous

    If this is true i wonder how will it translate to the Mexican real state market.

    I mean if indeed USA goes tits up in real state prices it has to affecf mexico, right?

  33. 3 weeks ago
    Anonymous

    How long will the housing crash take to bottom out?
    2-3 years roughly?

    • 3 weeks ago
      Anonymous

      Rough estimate should be around a timeframe of 2 weeks.

    • 3 weeks ago
      Anonymous

      if 2008 is any indication, it'll take a couple months to bottom out. Maybe a year. You won't be getting homes at a discount. What actually happened is foreclosures went up and if you had cash you could get your choice of a wide variety of distressed and abandoned houses for half price. Otherwise no luck. People weren't selling the bottom unless they had to.

      • 3 weeks ago
        Anonymous

        Why compare it to 2008 and not say the jap property bubble which hasn't come close to recovering 32 years later?

        • 3 weeks ago
          Anonymous

          We won't get the Japanese real estate market for another two decades. In two decades we will have major population decline and so will everywhere except India and a few others.

          • 3 weeks ago
            Anonymous

            How do you know this?

    • 3 weeks ago
      Anonymous

      prob 1 year

    • 3 weeks ago
      Anonymous

      Rough estimate should be around a timeframe of 2 weeks.

      50x 2 weeks

  34. 3 weeks ago
    Anonymous

    SPY will go sub 1k
    It’s over

  35. 3 weeks ago
    Anonymous

    [log in to view media]

    Boomers will get rekt by stocks, millennials by crypto and zoomers by jpgs. In the end you will all eat bugs, rent out your assholes and have nothing.

  36. 3 weeks ago
    Anonymous

    does this mean housing prices will go up or down?

    • 3 weeks ago
      Anonymous

      It means huge inflation rates coming.

      Pensions will disappear, debt holders will be minted. House prices and assets will skyrocket, but retirees will be forced to sell in order to survive.

      The current bear conditions is like a rubber band being stretched.

      Mass printing money is the only solution available, there is not enough value for the economy to rely on.

      • 3 weeks ago
        Anonymous

        In the Great Depression houses became pretty worthless. My family sold 7 of their 8 houses to survive. It feels like wet headed for that again, plus hyperinflation.

    • 3 weeks ago
      Anonymous

      interest rates go up so the house payment
      goes up. if a seller wants to sell then they may
      have to lower their asking price because not
      all buyers can afford the payment on the house
      at the same price with a higher interest rate.

      these moves don't happen overnight
      12-18 months perhaps, to start getting a clear
      picture ?

  37. 3 weeks ago
    Anonymous

    [log in to view media]

    Buy land and house in rural area or mountains. At minimum 10 acres (preferably as much as possible). Make sure you have water rights. Buy guns, ammo, seeds, gold, silver, crypto, cash. Hope for the best. Good luck anons.

  38. 3 weeks ago
    Anonymous

    >americans start waking up
    >thread starts going to shit

  39. 3 weeks ago
    Anonymous

    [log in to view media]

    Um, sweetie, don't think you're being a bit alarmist about the housing market? After all, my realtor told me it's going to keep going up. Pic rel.

    • 3 weeks ago
      Anonymous

      White women need to be genocided for the good of the world.

      • 3 weeks ago
        Anonymous

        no just disciplined

  40. 3 weeks ago
    Anonymous

    HOUSING WILL NEVER CRASH BECAUSE...WELL IT JUST WONT, OKAY??

    • 3 weeks ago
      Anonymous

      [log in to view media]

      Uhh… anon
      >tfw I should’ve bought more calls on leveraged short ETFs

  41. 3 weeks ago
    Anonymous

    [log in to view media]

    Just stop paying taxes until the government unfucks itself.

  42. 3 weeks ago
    Anonymous

    [log in to view media]

    buy treasury bonds

  43. 3 weeks ago
    Anonymous

    whats the best way to short the housing market?

    • 3 weeks ago
      Anonymous

      Move back in with your parents and jack it to the Big Short.

  44. 3 weeks ago
    Anonymous

    This guy was right once. He’s been wrong since then. The housing market will literally never crash. Foreign investors and REITs will just keep buying.

    • 3 weeks ago
      Anonymous

      What the full makes you think people won't dump reits with the dogshit returns they're about to have? Anything that gets between investors and the decision of what they invest in is bubble fuel, ETFs included. Reits are about to crash and burn hard because they are captured investment capital, they have to buy even when it's funding stupid, but other parties can sell, and then one reit after the other will start to fall, and have to liquidate assets leading to a cascade of home prices. Reits are the ninja loans of this bubble.

  45. 3 weeks ago
    Anonymous

    [log in to view media]

    >be globohomo
    >make celebrity
    >celebrity fud
    >sheepel slel
    >profit

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