- My Forums
- Tiger Rant
- LSU Score Board
- LSU Recruiting
- SEC Rant
- SEC Score Board
- Saints Talk
- Pelicans Talk
- More Sports Board
- Coaching Changes
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Will the real estate bubble ever burst?
Posted on 4/2/21 at 10:47 pm
Posted on 4/2/21 at 10:47 pm
Some houses on the fricking westbank are going for over $200/sq ft. We really are in a clown world.
51
Posted on 4/2/21 at 10:48 pm to yaboidarrell
Yes.
Posted on 4/2/21 at 10:49 pm to yaboidarrell
Right after I buy.
Posted on 4/2/21 at 10:50 pm to Fortnight2Flat
quote:
Right after I buy.
fricking A.
Posted on 4/2/21 at 10:50 pm to yaboidarrell
It did once, it obviously will soon again. The dollar is nearing collapse.
Posted on 4/2/21 at 10:51 pm to yaboidarrell
I’m literally looking for a house right now too. It’s ridiculous.
People are paying over asking everywhere.
I’m sure it’ll burst after I buy
People are paying over asking everywhere.
I’m sure it’ll burst after I buy
Posted on 4/2/21 at 10:53 pm to yaboidarrell
How else will the reset take place unless everything collapses?
Posted on 4/2/21 at 10:54 pm to yaboidarrell
I doubt it. In certain real estate markets some homes are going for over 100k asking. Some new developments for 75 lots have over 1,800 people on waiting lists.
Posted on 4/2/21 at 10:55 pm to LSUcajun77
Girl I work with just offered 10K over asking on first day. I thought she was panic-offering. Lost home.
Posted on 4/2/21 at 10:55 pm to yaboidarrell
If there's one thing everyone has learned during Covid, it's that abusing debt will never, ever not help you out long term.
Posted on 4/2/21 at 10:55 pm to yaboidarrell
Yes no way this keeps up. You have to be a retard to buy at some of these prices.
Posted on 4/2/21 at 10:55 pm to yaboidarrell
Not until interest rates go up
Posted on 4/2/21 at 10:55 pm to yaboidarrell
Yes once rated get in the 4’s and all the forbearances go into foreclosure
Posted on 4/2/21 at 10:56 pm to yaboidarrell
I think so. I think its coming soon...however, I just bought in the East Bay so now I am hoping it doesn't.
Posted on 4/2/21 at 10:57 pm to yaboidarrell
All part of the Left's master plan.
Get everyone to buy overpriced homes, crash the market, force everyone into government housing.
Get everyone to buy overpriced homes, crash the market, force everyone into government housing.
Posted on 4/2/21 at 10:58 pm to yaboidarrell
It will, but it’s area dependent. You can’t compare the market of New Orleans with a place like Frisco, TX. It’ll collapse in some places very soon I think.
Posted on 4/2/21 at 10:59 pm to jennBN
Some of these places are going over a 100k for what they sold for just 2 years ago. It’s head scratching.
Posted on 4/2/21 at 10:59 pm to Paul Allen
Those 3/2 boxes built rapido sure are a good store of value.
Filling the garage with consumer grade tchotchkes packed into rubbermaid bins makes them even more valuable.
Let the defaulting begin after the ‘newness’ wears off.
Filling the garage with consumer grade tchotchkes packed into rubbermaid bins makes them even more valuable.
Let the defaulting begin after the ‘newness’ wears off.
This post was edited on 4/2/21 at 11:04 pm
Posted on 4/2/21 at 10:59 pm to yaboidarrell
We recently bought with a 30 year fixed interest rate of 2.625%. With interest rates at this level, money can’t sit in a bank and has to be pushed into equities or real estate - hence the incredible inflation of both over the last two decades (thanks Greenspan). Given the state of our national debt and economy, interest rates can’t go up for the foreseeable future. Continued low interest rates plus the fact US real estate functions as a place to deposit cash for foreigners the world over means, broadly speaking, no end in sight.
That said as it applies to New Orleans, the bubble pops when Katrina 2 happens.
That said as it applies to New Orleans, the bubble pops when Katrina 2 happens.
Posted on 4/2/21 at 11:01 pm to ned nederlander
Government owns 20% of the mortgages out there. This upcoming correction won’t rival 08. Some states/cities won’t even blip IMO
Page 1 of 8
Popular
Back to top
Follow TigerDroppings for LSU Football News