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Message
re: credit bubble vs house prices
Posted on 5/10/24 at 9:15 pm to WavinWilly
Posted on 5/10/24 at 9:15 pm to WavinWilly
quote:
We are closing on the sale on our house at the end of the month. The inventory where we are moving to is trash. Assuming everyone is just waiting and staying put. Considering renting and waiting for the right house to hit the market. Everything feels kind of paralyzed.
Yeah I’m closing on the 31st also. I’ve been in the Spring Texas area looking since September and there’s been a couple houses that I’ve liked but our house wasn’t sold yet.
The house I wanted I could have bought but I would have been too stupid to be paying 2 mortgages for this long.
This post was edited on 5/10/24 at 9:21 pm
Posted on 5/13/24 at 9:19 pm to Rize
I would not be holding cash right now.
Rates are not moving, housing supply going sideways relative to buyers, most of whom are paying cash.
Dollar is about to get devalued as more countries shite can the dollar and all of those dollars come back. Too many dollars and too few goods, hyperinflation.
Rates are not moving, housing supply going sideways relative to buyers, most of whom are paying cash.
Dollar is about to get devalued as more countries shite can the dollar and all of those dollars come back. Too many dollars and too few goods, hyperinflation.
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