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re: Housing: WTF?

Posted on 3/17/23 at 8:05 am to
Posted by SaintsTiger
1,000,000 Posts
Member since Oct 2014
1126 posts
Posted on 3/17/23 at 8:05 am to
quote:

I work in IT. For heavens sake man some of you are so desperate for something bad to happen you can't even see straight


Also wouldn’t be surprised if you bought in 2021 or 2022.

You’re the one wish casting by claiming super short term data indicates everything is rosy.
This post was edited on 3/17/23 at 8:06 am
Posted by ronricks
Member since Mar 2021
7188 posts
Posted on 3/17/23 at 8:28 am to
quote:

You’re the one wish casting by claiming super short term data indicates everything is rosy.




You posted the wrong Austin to support your ideas. A 10% drop from all time valuations isn't a 'crash'. There is an inventory shortage in most major metros in this country. I can't speak for rural or poor areas in states like Mississippi or Louisiana. Lets pretend I bought in 2021 or 2022 (I didn't) rates were still low and if you are staying in your home for an extended period of time what does it matter if the market 'crashes'? Most people are locked into super low rates even those who bought in 2022. You sound like one of the people on here who have been predicting a 'crash' for 4 years now and are mad it hasn't happened. Those people have an awful track record even if the market 'crashes' tomorrow. Until the supply side gets shaken out either by more building inventory or by massive job losses/economy not much is going to change. Wishcasting on here with ridiculous claims of someone being a real estate agent or buying in 2021 or 2022 isn't going to change that. I am in my forever home that I purchased in 2018 and refi'd in December 2020 to a 2.6. I'm not going anywhere and guess what? There are millions of Americans in the same position I am in which is going to keep supply low barring the catastrophic events you keep wishing for.
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