Housing market

[Wizard of Ozz]

If Atlanta wasn't huge casserole of corruption, I would probably buy a home down there.

The Alpharetta, Roswell area is really nice.

You couldn't pay me enough to live anywhere in or even near Atlanta.

Atlanta is an EBT & Section 8 shithole. Too vibrant and culturally rich for my taste.

 

[Geo]

You couldn't pay me enough to live anywhere in or even near Atlanta.

Atlanta is an EBT & Section 8 shithole. Too vibrant and culturally rich for my taste.

20 years ago I traveled once a year to Alpharetta for work, it was really nice there. Don't know what it looks like now.

 

[JDs Couch]

You couldn't pay me enough to live anywhere in or even near Atlanta.

Atlanta is an EBT & Section 8 shithole. Too vibrant and culturally rich for my taste.

Yes, we all know you're a racist. No need to tell us again, POS.

 

[Geo]

Yes, we all know you're a racist. No need to tell us again, POS.

Go live in the projects in Queens NYC for a week or two, then get back to us about being racist.

 

[Wizard of Ozz]

Yes, we all know you're a racist. No need to tell us again, POS.

White Activist. Get it right princess...

 

[BABMusic]

we'd have more affordable housing if we didn't have millions of illegal invaders, many of whom compete with citizens for rentals and purchasing homes.

There was a time when the Chinese were buying up pretty much anything they could in California, but that time is over now. China has seen a huge housing crash in the last 2 years, but you don't hear about it much in the American news.

 

[JDs Couch]

White Activist. Get it right princess...

Same same, bitch.

 

[rsm]

CrotchBoi hates white people.

shocker /S

that's racist. like most libtards.


he identifies as a third-world communist business owner from NZ; subject to change with his delusions

 

[rsm]

great news for libtards, 5 demoncrat states that people are leaving.

you should be able to find a place for squatters

 

[JDs Couch]

great news for libtards, 5 demoncrat states that people are leaving.

you should be able to find a place for squatters


View attachment 445962

You better hope they are all white people, and not "invaders", scared little bitchboy...

 

[rsm]

when libtards post, no one listens.

my town is 92% white last time I checked, 2% Asian, 6% everything else... Most of us are armed, carry, we have castle doctrine and stand your ground. no reason to be scared, but thanks for your concern.

the invaders are moving to your neighborhood, CrotchBoi. they prefer libtard sanctuary areas so you pay for everything, let them prey on citizens who don't have the right to defend themselves, and have a duty to retreat and be willing victims; while the criminals get let back on the street to continue committing crimes.

enjoy your cultural enrichment.

 

[Monkey Man]

 

[tallcoolone]

Man lots of BS on this thread. The housing market is strong as hell here in the northeastern US and it’s not letting up any time soon.

 

[BABMusic]

Man lots of BS on this thread. The housing market is strong as hell here in the northeastern US and it’s not letting up any time soon.

Well, I would say, of course. Not a lot of land up there to build on in areas like Boston. As long as people want to live there, the prices will remain high.

I do think places in the Los Angeles burbs will crash because there's actually tons of homes in the burbs that are rental only. Once there isn't enough demand to rent, they go back on the market. LA saw a huge crash in 2009-12.

 

[tallcoolone]

Well, I would say, of course. Not a lot of land up there to build on in areas like Boston. As long as people want to live there, the prices will remain high.

I do think places in the Los Angeles burbs will crash because there's actually tons of homes in the burbs that are rental only. Once there isn't enough demand to rent, they go back on the market. LA saw a huge crash in 2009-12.

Not sure about CA but my wife is a realtor and works in FL, MA, NH and SC—all strong markets with no sign of letting up. With Powell gone now I don’t see a world where it doesn’t keep exploding.

 

[Geo]

With Powell gone now I don’t see a world where it doesn’t keep exploding.

Powell gone? Exploding? Could you expand on that?

 

[BABMusic]

Florida has had huge drops in some areas, but not all areas. Parts of Texas have seen huge drops as well. I don't know much about SC. Powell is just the puppet and the decisions made had little to do with just him. But yeah, I see your point. They want to keep things high, because it causes chaos and stress on the lower 80%. If 80% of the people are worried about paying their bills, they know they are less likely to pay attention to what's going on behind the scenes. I think it will be a gradual thing of boomers needing out of their homes and forced to sell lower than they want.

 

[tallcoolone]

Powell gone? Exploding? Could you expand on that?

Powell is done as the Fed chair. He has been the primary obstacle to lowering short term rates. Many people are locked into mortgages 2-4% lower than they can get now—when this evens out a whole new batch of buyers will hit the market.

They want to keep things high, because it causes chaos and stress on the lower 80%. If 80% of the people are worried about paying their bills, they know they are less likely to pay attention to what's going on behind the scenes. I think it will be a gradual thing of boomers needing out of their homes and forced to sell lower than they want.

Who is this ‘lower 80%’ you speak of? Home values increasing is a good thing—you know that right?

 

[Geo]

Powell is done as the Fed chair. He has been the primary obstacle to lowering short term rates. Many people are locked into mortgages 2-4% lower than they can get now—when this evens out a whole new batch of buyers will hit the market.

Thanks for the reply, from what I understand he is staying as a fed governor so he can continue to influence his peeps.

 

[tallcoolone]

Trump proposing a 50 year mortgage, is a terrible idea. He is not stupid and I'm not sure is well aware this will not make homes more affordable.

Why would a plan that allows more Americans to afford a home be a terrible idea? No one is going to sit on that loanfor 50 years, they would be able to refi out in 18-24 months