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Started By
Message
re: Home prices are now contracting at levels only seen 2 times
Posted on 9/23/23 at 2:25 pm to stout
Posted on 9/23/23 at 2:25 pm to stout
Ok I see, this that thread people talking about their home experiences and what they paid for their home.
I got another idea, why don’t you all spread your bootycheeks and get wild then!!!!!
I got another idea, why don’t you all spread your bootycheeks and get wild then!!!!!
0
Posted on 9/23/23 at 2:37 pm to ellesssuuu
6-9 months from now the dam is going to burst wide open.
Posted on 9/23/23 at 2:46 pm to MrLSU
quote:
6-9 months from now the dam is going to burst wide open.
Been hearing this about a crash for 2.5 years
Posted on 9/23/23 at 2:46 pm to MrLSU
quote:
6-9 months from now the dam is going to burst wide open.
Been reading this since at least the beginning of covid.
ragincajun and stout will eventually get the collapse they have been screaming about for 4 years.
Everything will collapse, is the nature of economies. But reading doom and gloom every day has to be wearing on them.
This post was edited on 9/23/23 at 2:48 pm
Posted on 9/23/23 at 2:49 pm to fightin tigers
quote:
ragincajun and stout will eventually get the collapse they have been screaming about for 4 years.
It’s embarrassing how wrong they have been on housing market. I don’t understand all the wishcasting for a crash. It’s really bizarre. Either you can afford a home or you can’t. World needs renters just like they need ditch diggers.
Posted on 9/23/23 at 2:50 pm to HubbaBubba
quote:
Not true. My "value" has dropped 20% in the last year.
My value keeps going up. I am about 50% over what I bought in 2020.
This post was edited on 9/23/23 at 2:50 pm
Posted on 9/23/23 at 2:50 pm to LSURussian
quote:Rates were over 15% by the time Reagan took office. When Carter took office rates were 8.5%.
You misspelled “Reagan.”
Posted on 9/23/23 at 2:53 pm to LemmyLives
quote:
Assuming you live in Fort Bend County, you better pay real close attention to the statement you're going to get from the assessor. In 2022, they assessed my value 40% higher than in 2021. While they can only raise your assessed value 10% more year over year, they made clear what my tax bill was likely to be in 2026.
And yes, I've used a lawyer to dispute for the last five years.
I live in Richmond and am bracing for a property tax fight
Posted on 9/23/23 at 3:00 pm to ronricks
quote:
It’s embarrassing how wrong they have been on housing market
They will be quick to correct. They are just sharing information and aren't making any comment towards the markets failing to do what they skyscream about.
Posted on 9/23/23 at 3:08 pm to stout
I just checked both of my homes in Florida and both continue to increase each month. It’s absolutely insane how high the real estate market is in Florida. I’m afraid we’re becoming the next California.
Posted on 9/23/23 at 4:00 pm to fightin tigers
quote:
ragincajun and stout will eventually get the collapse they have been screaming about for 4 years.
I have never said a crash was imminent. I share information that is out there to discuss.
I have said several times that 2008 will never happen again but I do believe we see a correction. Wouldn't you say prices dropping is a bit of a correction by definition?
I have always said house pricing outpacing wage growth at the rate it has is not sustainable. I still stand by that. Now add in record CC debt, auto prices, dwindling savings, and student loans starting back up on top of the cost of everything I do think things will continue to slow well into 2024.
Whether it will be a complete bust or a bump in the road is yet to be seen but I find it interesting. If you don't then I suggest you refrain from reading my threads because I will still share the data that interest me.
Posted on 9/23/23 at 4:01 pm to ronricks
quote:
It’s embarrassing how wrong they have been on housing market.
What flat-out prediction have I made that is wrong? Link, please.
You can't because I share data. You interpret it as predicting a crash when I haven't done so.
Posted on 9/23/23 at 4:03 pm to fightin tigers
quote:
They are just sharing information and aren't making any comment towards the markets failing to do what they skyscream about.
Correct. I have said 100 times that if I could predict when a crash was imminent I would be Elon Musk level wealthy. Short of being able to predict the future no one has any idea what will or will not happen. It's silly to think otherwise. Watching the updated data helps to get an idea and that's what I like to read and discuss.
Not sure why you are so mad about people discussing data on a discussion board. Maybe don't read the threads if it bothers you so much.
This post was edited on 9/23/23 at 4:05 pm
Posted on 9/23/23 at 4:04 pm to stout
Im not mad. Im laughing at it.
Posted on 9/23/23 at 4:05 pm to fightin tigers
quote:
Im not mad. Im laughing at it.
Yea lol, man. You totally are lol
Posted on 9/23/23 at 4:06 pm to stout
Don't get mad we take joy in your doomsday posts.
Posted on 9/23/23 at 4:10 pm to stout
quote:
not sustainable
This term has been thrown around since at least 2018 (if not longer) regarding housing market. I’d say after 5 years it’s been proven wrong. It’s stupid to even use it at this point. I’d suggest you start to look for some different sources and graphs to post. The ones you have been posting on here for years even when I was lurking and hadn’t joined have been extremely wrong. Insanity is doing the same thing over and over. Maybe move/focus on a different market instead of housing? You clearly are bad at it.
Posted on 9/23/23 at 4:12 pm to ronricks
quote:
This term has been thrown around since at least 2018 (if not longer) regarding housing market. I’d say after 5 years it’s been proven wrong
Surely you predicted that people would be given billions in free money due to a pandemic that completely threw the market into a frenzy.
Posted on 9/23/23 at 4:13 pm to stout
I've been trying to do some reading to understand the housing market right now and I don't understand what's happening. Seems there's a mix of national and local factors but I can't put my finger on the specifics.
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