Real estate value tanking when?

Real estate value tanking when?

Attached: real estate value crash.gif (1201x881, 347.92K)

soon

How much? 40-60%?

85% as usual

Real estate ETFs not in America are a good buy right now since there's a ton of free money on trees everywhere you look

Not interested in ETFs. I want to buy a house for pennies on the dollar.

a bunch of AAA graded CLO's got downgraded to CCC+

this is literally identical to the subprime crisis of 2008 so you already know whats going to happen and when

soon, but I might be up to 2 years away
and everybody will be out of work including you

Nah senpai I work in the solar industry. We're still selling systems in Commiefornia/Arizona

It's coming. Housing prices need a correction again.

It ludicrous most starter homes are at the 250k+ range.

By state is a really bad way to organize these numbers...

Real estate along Houston's energy corridor is gonna nice and cheap soon.

Sure in cities. 90k range in actual places.

>actual places
flyovers nobody wants to live in

when prices tank the interest goes up so u fucked either way. just be the bank, idiot. get free money and loan it to charge interest

>tfw I was born in Colorado and don't want to leave

FUCK YOU ALL AAAAAAAAAAAAAA

Never. The 2008 crisis was literally caused by a housing bubble, so of course the prices tanked. However this time around housing prices may actually increase. The reason is QE, which causes inflation, which increases the price of tangible assets like real estate in dollar terms, because the dollar weakens.

When Fannie and Freddie lift their bank of evictions and foreclosures

never in major cities
ever

>$300,000 house becomes $170,000 house
>dual income family makes $130,000 a year
>Interest rates raised to 4%
Just pay it off bro

Flyover is the biggest cope in history.
>haha, you live in a safe and quiet environment surrounded by nature and community
yes

You missed the part where you're ruled over by politicians that are fucking idiots, the roads aren't maintained because everyone's a poorfag and the schools are underfunded so the kids your wife shits out are significantly dumber maintaining the status quo of "muh daddy lived, worked and died in this coal mine and I'll die in it just like he did!"

Where the fuck are you looking at?

Outside of fucking Appalachia and the most poor southern ghettos, no fucking decent property is under 150k right now.

You missed the part where not everywhere outside of cities is like that? Is this a joke?
The country would collapse over night if every place except cities were like that...

>The country would collapse over night if every place except cities were like that
That would be true if rustbelters weren't a bunch of dumb niggers that didn't leave the country, let alone the state they were born in

Depends. Tons of people out of dormant mortgage freezes end in June. However there is also an oil storage crisis so the value of the actual land might skyrocket depending on the area. Oil companies could buy and demolish suburban areas in order to build strategic reserves to deliver to gas stations.

Crash in the cities. Priced out in the country. The dogs are going to start walking their owners.

>everywhere outside of cities is the rustbelt
You know what actually, yes that's true. Stay in the cities away from the pristine i mean run down flyover land. Keep flying jewden.

This, right now Fannie and Freddie have suspended any foreclosures/evictions in what is known as forebearance.

We won't see prices tank until they lift that, and even then they might be very slow to lift it especially with what it might do to servicers.

I'll fucking take it. Pennies on the dollar for the house plus no wagecucking.

Show me a market outside rustbelt USA where you can buy a decent house for under a hundred thousand dollars.

Oklahoma

Nope, doesn't exist.

QUIET

Tornado-land

>Live in Massachusetts

Fucking kill me