Next Housing Recession in 2020, Predicts Zillow | |
NervousAndJerky User ID: 76307946 United States 05/29/2018 05:14 PM Report Abusive Post Report Copyright Violation | The key word is " nearly " fifty percent. Mean more than half could not nail down a date. Just sayin. |
Anonymous Coward User ID: 76315512 United States 05/29/2018 06:21 PM Report Abusive Post Report Copyright Violation | |
Shore Skeptic User ID: 22596932 United States 05/29/2018 06:22 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 73245129 United States 05/29/2018 06:26 PM Report Abusive Post Report Copyright Violation | Those cocks at zillow are partly to blame for housing inflation. Quoting: Anonymous Coward 76315512 Houses near me that could barely fetch 20k are now listed at 200k Fucking up the rental prices too. I get people wanting to know why I'm asking $1400mo for a property when the average is $950 in the area. Well, if you want a run-down shithole go rent one. I get better tenants anyway. |
Anonymous Coward User ID: 52739063 United States 05/29/2018 06:28 PM Report Abusive Post Report Copyright Violation | |
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Anonymous Coward User ID: 76470403 United States 05/29/2018 06:33 PM Report Abusive Post Report Copyright Violation | I believe it and here’s why. Bought our 3 bed 2 bath house in 2009 for $150K. Comps are now selling for $270K. A 1 bed 1 bath condo is going for $125K. We sold our house for career mobility 2 years ago for $196K. We’re patiently waiting for the next crash. We’re currently renting. To me a house isn’t worth spending more than $250K on. It’s 2005 all over again. Except this time the defaults will be houses, student loans, and credit cards. 70% of Americans don’t even have an emergency fund. |
Anonymous Coward User ID: 76535354 United States 05/29/2018 06:34 PM Report Abusive Post Report Copyright Violation | |
FINGERPRINTS of the GODS User ID: 58686169 United States 05/29/2018 06:48 PM Report Abusive Post Report Copyright Violation | I believe it and here’s why. Bought our 3 bed 2 bath house in 2009 for $150K. Comps are now selling for $270K. A 1 bed 1 bath condo is going for $125K. We sold our house for career mobility 2 years ago for $196K. We’re patiently waiting for the next crash. We’re currently renting. To me a house isn’t worth spending more than $250K on. It’s 2005 all over again. Except this time the defaults will be houses, student loans, and credit cards. 70% of Americans don’t even have an emergency fund. Quoting: Anonymous Coward 76470403 Got my house for 267K in 2012.... Now, it's close to 400K based on my tax appraisal. Fucking greedy bastards trying to squeeze as much taxes off my house as much possible. There are two ways to be fooled. One is to believe what isn’t true; the other is to refuse to believe what is true. |
Anonymous Coward User ID: 74499447 United States 05/29/2018 06:50 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 76628314 United States 05/29/2018 07:03 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 75529067 United States 05/29/2018 07:06 PM Report Abusive Post Report Copyright Violation | |
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Anonymous Coward User ID: 76609138 United Kingdom 05/29/2018 07:10 PM Report Abusive Post Report Copyright Violation | Had the council phone me up today to ask do I want to buy my 1 bed council flat for under half price. I said I'm not working, getting full housing benefit to pay rent, but they said I can still buy & that housing benefit will pay the mortgage for me, without a deposit needed or paying back interest rates. Can sub-let it & sell at full market price in 3 to 5 years after buying. This is much better than the offer they made 10 years ago. I know some tenants who've done it, but I'm over 20 years tenant, so can apply for up to 75% off the market price, get a full interest free mortgage. Some people I know who did it, now live over in Ireland, Spain, Portugal or Greece running their own business, home bought and paid for. Think I might go for it, but have to suss it out first I suppose. This is the Tories trying to sell off the old housing stock then. Can buy for under £50k, sell for at least £300K or more, or £300+ sub-letting, which some people do. Mmmm..? Any other British here tempted by this, & how did you do after the Right to Buy scheme? |
Anonymous Coward User ID: 75403492 United States 05/29/2018 07:58 PM Report Abusive Post Report Copyright Violation | |
MissCleo User ID: 76541118 United States 05/29/2018 08:11 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 76623376 United States 05/29/2018 08:14 PM Report Abusive Post Report Copyright Violation | You gotta "love" these boom & bust cycles they create! They set up the boom cycle and everyone falls all over themselves getting "rich" and then here they come to kill it off so that they can buy up everyone's "riches" for penny's on the dollar! LOL. Hate the players and the game I say..... |
Midnight Oil User ID: 76629634 United States 05/29/2018 08:25 PM Report Abusive Post Report Copyright Violation | 2020? Hahahaha wait till you fucks see it by Q4 2018. This market is shit and ALL LIES Quoting: Anonymous Coward 74499447 exactly!!! lol at 2020.. its all going to come crashing down this year. fuck those cucks at zillow and the retards who are buying homes now I concur. No one can afford the absurd prices they are asking for houses now and even if you can afford it you'd be a fool to pay that inflated price. Everything is teetering over a steep cliff, a feather floating down will push it over. We need that correction, the rents are all too high. Property owners are flexing their greedy muscles. We see what you are made of. ACTS 3:21 |
FINGERPRINTS of the GODS User ID: 58686169 United States 05/29/2018 08:25 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 52739063 United States 05/29/2018 08:29 PM Report Abusive Post Report Copyright Violation | |
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Rabbit In The Hat User ID: 73756890 United States 05/29/2018 08:47 PM Report Abusive Post Report Copyright Violation | 2020? Hahahaha wait till you fucks see it by Q4 2018. This market is shit and ALL LIES Quoting: Anonymous Coward 74499447 exactly!!! lol at 2020.. its all going to come crashing down this year. fuck those cucks at zillow and the retards who are buying homes now I definitely see it happening before 2020 as well. |
Failure To Communicate User ID: 75938859 United States 05/29/2018 09:00 PM Report Abusive Post Report Copyright Violation | I believe it and here’s why. Bought our 3 bed 2 bath house in 2009 for $150K. Comps are now selling for $270K. A 1 bed 1 bath condo is going for $125K. We sold our house for career mobility 2 years ago for $196K. We’re patiently waiting for the next crash. We’re currently renting. To me a house isn’t worth spending more than $250K on. It’s 2005 all over again. Except this time the defaults will be houses, student loans, and credit cards. 70% of Americans don’t even have an emergency fund. Quoting: Anonymous Coward 76470403 Got my house for 267K in 2012.... Now, it's close to 400K based on my tax appraisal. Fucking greedy bastards trying to squeeze as much taxes off my house as much possible. That's how they Raise taxes without Raising taxes. Inflating the shit out of real estate makes both the banks and property tax collectors very happy. |
Anonymous Coward User ID: 75225309 United States 05/29/2018 09:11 PM Report Abusive Post Report Copyright Violation | |
Joe in JT User ID: 75049243 United States 05/29/2018 09:24 PM Report Abusive Post Report Copyright Violation | In 2020 Trump will be motivating the voters with his MAGA speeches and the economy will boom once again. The price of housing is ridiculous and I feel sorry for anyone not settled into their home yet. Best advice...buy a fixer upper and pay cash. Be a cheap skate remodeling it. Try to do your own work. Good luck. ................................. |
Anonymous Coward User ID: 75060731 United States 05/29/2018 09:32 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 54168564 United States 05/29/2018 09:33 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 73810274 United States 05/29/2018 09:59 PM Report Abusive Post Report Copyright Violation | Housing should have crashed in 2008 with the derivate CDOS with Lehman brothers. I just had a bid accepted to buy a house, been waiting for a collapse for over 10years now. If it goes in 2020 so be it, i will just stop paying the mortgage and let it go then buy low I guess. Also been waiting for Precious metals and cryptos to go up. Just leaving my position alone as a hedge against this ridiculously manipulated fake market/economy. I dont even read the news much anymore, always same thing, next crisies going to hit tomorrow or next year,etc.{never happens though} Im going to focus inward and develop my self, hedges are in place, let the stupidity keep being done, Im just about always right but sometimes way ahead of the pack. Good luck folks! It’s not if but when things will eventually sort themselves out!! |
Anonymous Coward User ID: 73974802 United States 05/29/2018 10:17 PM Report Abusive Post Report Copyright Violation | I believe it and here’s why. Bought our 3 bed 2 bath house in 2009 for $150K. Comps are now selling for $270K. A 1 bed 1 bath condo is going for $125K. We sold our house for career mobility 2 years ago for $196K. We’re patiently waiting for the next crash. We’re currently renting. To me a house isn’t worth spending more than $250K on. It’s 2005 all over again. Except this time the defaults will be houses, student loans, and credit cards. 70% of Americans don’t even have an emergency fund. Quoting: Anonymous Coward 76470403 Got my house for 267K in 2012.... Now, it's close to 400K based on my tax appraisal. Fucking greedy bastards trying to squeeze as much taxes off my house as much possible. Yup. But when u try to sell, realtor will tell u your house only comps in at 267-275k tops. |
Anonymous Coward User ID: 73974802 United States 05/29/2018 10:23 PM Report Abusive Post Report Copyright Violation | |