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Housing Market

 
Anonymous Coward
User ID: 77441785
United States
06/16/2019 01:42 PM
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Re: Housing Market
My house has been on the market in upper Westchester county NY, for the past 70 days, and no offers. I just lowered the price to $30,000 less than I paid for the house SEVENTEEN years ago---- and still no offers. Its in a fabulous school district and is freshly painted with floors newly refinished, sunny southern exposure all day, and close to the train to NYC. (1 hr 5 min commute)

The market stinks as far as I'm concerned.
Anonymous Coward
User ID: 77735172
United States
06/16/2019 01:48 PM
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Re: Housing Market
My house has been on the market in upper Westchester county NY, for the past 70 days, and no offers. I just lowered the price to $30,000 less than I paid for the house SEVENTEEN years ago---- and still no offers. Its in a fabulous school district and is freshly painted with floors newly refinished, sunny southern exposure all day, and close to the train to NYC. (1 hr 5 min commute)

The market stinks as far as I'm concerned.
 Quoting: Anonymous Coward 77441785


Your location is too suburban. The hot areas are innercity, rich whites are displacing the brownies to the suburbs.
The house im in was 20k in 2011. The houses one either side just sold for 200k and 300k to some suckers. Innercity rustbelt here.
Anonymous Coward
User ID: 77730335
United States
06/16/2019 01:53 PM
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Re: Housing Market
Northeast is fucked.

Everywhere is fucked.

Trump won't address housing crisis.

5 extra bucks a week in tax cuts is not offsetting a planned implosion.


You can't live and work 40hrs a week.

Trump has addressed NOTHING
 Quoting: Anonymous Coward 72727818


Trump needs to build you a house? pay your rent? Give you some more block cheese?

The last time politicians got involved helping useless fucks like you get a mortgage, Glass-Steagall was repealed, and useless fucks like you were raped financially.
Anonymous Coward
User ID: 63899858
United States
06/16/2019 02:03 PM
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Re: Housing Market
Housing is the future. It will be worth trillions of dollars.
 Quoting: Anonymous Coward 77418205


rofl5
 Quoting: Arkansas River Bard


Still laughing at that one. The United States of America is in rapid economic decline due in no small part to empire building.

Most urban areas of the USA are turning into the Third World. Rural America is dying. And every year the Middle Class fall further down the economic rung.

Immigration, in spite of its hot topic status, is really a non-sequitur because looking at the current numbers, we're not going to have ninety percent of the population we have now by 2050. In other words, we'll be somewhere around 275M people because the Boomers will all be dead by that time, the GenX are experiencing serious declining health due to being overworked, and the Millennial are porcine slobs who eat soy and get no exercise.

I am 46 and I will state frankly, I won't likely see 2050. And if I do, I likely be living in a radically different place after the wars between India and Pakistan, China and the USA and Russia, and the rampant diseases of sub-Saharan Africa destroy a large segment of the world's population.

Reality check, it's happened before, it will happen again. Real Estate pimping won't even be a profession by 2030. It's dying faster than boot-blacking.
 Quoting: Arkansas River Bard


Nice rip right there buddy.
Anonymous Coward
User ID: 31491616
United States
06/16/2019 02:30 PM
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Re: Housing Market
If the Hong Kong mob has quit buying then what will keep values up?
Anonymous Coward
User ID: 72201833
United States
06/16/2019 03:02 PM
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Re: Housing Market
If the Hong Kong mob has quit buying then what will keep values up?
 Quoting: Anonymous Coward 31491616


The Amazon and remote work effect may help. People save money on transportation and goods, dump it into rent or mortgage. I think the remote workers will boost rural and suburban more since people don't need to live near population centers.
Anonymous Coward
User ID: 77698736
United States
06/16/2019 03:07 PM
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Re: Housing Market
If the Hong Kong mob has quit buying then what will keep values up?
 Quoting: Anonymous Coward 31491616


The Amazon and remote work effect may help. People save money on transportation and goods, dump it into rent or mortgage. I think the remote workers will boost rural and suburban more since people don't need to live near population centers.
 Quoting: Anonymous Coward 72201833


Nope. Housing in totality does survive on niches. It's already dying. Right now, it's the late comers gambling, and the big boys dumping... a greater fool..
Anonymous Coward
User ID: 77440639
United States
06/16/2019 03:34 PM
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Re: Housing Market
We bought our house a little over 2 years ago and estimates say it’s worth 153k more then we bought it for.
Anonymous Coward
User ID: 77734054
United States
06/16/2019 03:35 PM
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Re: Housing Market
White parasites playing at 'land lord' - until the real Owner devours the parasites.
Anonymous Coward
User ID: 77698736
United States
06/16/2019 03:36 PM
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Re: Housing Market
We bought our house a little over 2 years ago and estimates say it’s worth 153k more then we bought it for.
 Quoting: Anonymous Coward 77440639


Ponzi or Zimbabwe...
Anonymous Coward
User ID: 75350810
United States
06/16/2019 03:48 PM
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Re: Housing Market
My house has been on the market in upper Westchester county NY, for the past 70 days, and no offers. I just lowered the price to $30,000 less than I paid for the house SEVENTEEN years ago---- and still no offers. Its in a fabulous school district and is freshly painted with floors newly refinished, sunny southern exposure all day, and close to the train to NYC. (1 hr 5 min commute)

The market stinks as far as I'm concerned.
 Quoting: Anonymous Coward 77441785


The market is hot in Tennessee right now. It's going to end up pricing regular people out of the housing market.
Anonymous Coward
User ID: 77029990
United States
06/16/2019 03:50 PM
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Re: Housing Market
bsflag
Anonymous Coward
User ID: 77698736
United States
06/16/2019 03:51 PM
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Re: Housing Market
My house has been on the market in upper Westchester county NY, for the past 70 days, and no offers. I just lowered the price to $30,000 less than I paid for the house SEVENTEEN years ago---- and still no offers. Its in a fabulous school district and is freshly painted with floors newly refinished, sunny southern exposure all day, and close to the train to NYC. (1 hr 5 min commute)

The market stinks as far as I'm concerned.
 Quoting: Anonymous Coward 77441785


The market is hot in Tennessee right now. It's going to end up pricing regular people out of the housing market.
 Quoting: Cosmic Asgard


... and then a reversion to the mean, but not before capitulation and the fire sale...
Anonymous Coward
User ID: 75350810
United States
06/16/2019 03:55 PM
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Re: Housing Market
Could be. My house is already worth $50000 more than I paid for it 3 years ago. Luckily when the hit happens I won't have to worry bout it cuz I own it outright, unless you count real estate taxes which is a scam itself.
Anonymous Coward
User ID: 77735611
Australia
06/16/2019 04:12 PM
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Re: Housing Market
I just put an offer in on a 600k townhome.
I’ll get tards to rent it. I already have 3 others. The tards are paying in rent then I do in mortgage payments.
Anonymous Coward
User ID: 77195916
United States
06/16/2019 04:14 PM
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Re: Housing Market
Northeast is fucked.

Everywhere is fucked.

Trump won't address housing crisis.

5 extra bucks a week in tax cuts is not offsetting a planned implosion.


You can't live and work 40hrs a week.

Trump has addressed NOTHING
 Quoting: Anonymous Coward 72727818


Why not start a new post to state your point?

banns are off.
Anonymous Coward
User ID: 77698736
United States
06/16/2019 04:16 PM
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Re: Housing Market
I just put an offer in on a 600k townhome.
I’ll get tards to rent it. I already have 3 others. The tards are paying in rent then I do in mortgage payments.
 Quoting: Anonymous Coward 77735611


..and then saturation takes place, and the one guy who drops his rates significantly fucking over everyone, forcing drops across the board. Yet you cant due to the high purchase price. You offset it by eating the difference thinking it's a fluke, but it gets worse as time marches forward. Then you realize new banking laws do not exonerate you from liability even in bk, and you are fucked beyond fucked... lol, enjoy it while it lasts...
Anonymous Coward
User ID: 67511492
United States
06/16/2019 04:18 PM
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Re: Housing Market
Total nonsense. There will be no additional rate hikes in 2019. In the very long term it’s better to be a debtor in USD and a holder of rubles and crypto.
 Quoting: Anonymous Coward 71180557


Wanna bet? They are going to try and slam the brakes on the economy so Trump isn't reelected.
 Quoting: Failure To Communicate


Yes, I have been expecting the economic sabotage as well.
^EyeSeeAll^

User ID: 34398756
United States
06/16/2019 04:18 PM
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Re: Housing Market
My house has been on the market in upper Westchester county NY, for the past 70 days, and no offers. I just lowered the price to $30,000 less than I paid for the house SEVENTEEN years ago---- and still no offers. Its in a fabulous school district and is freshly painted with floors newly refinished, sunny southern exposure all day, and close to the train to NYC. (1 hr 5 min commute)

The market stinks as far as I'm concerned.
 Quoting: Anonymous Coward 77441785


Too bad you weren't on the west coast or a Chinese fuck would've bought your house for $30,000 more than you are asking.
TRUMP 2020

Willam Barr 2024
Anonymous Coward
User ID: 77698736
United States
06/16/2019 04:20 PM
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Re: Housing Market
My house has been on the market in upper Westchester county NY, for the past 70 days, and no offers. I just lowered the price to $30,000 less than I paid for the house SEVENTEEN years ago---- and still no offers. Its in a fabulous school district and is freshly painted with floors newly refinished, sunny southern exposure all day, and close to the train to NYC. (1 hr 5 min commute)

The market stinks as far as I'm concerned.
 Quoting: Anonymous Coward 77441785


Too bad you weren't on the west coast or a Chinese fuck would've bought your house for $30,000 more than you are asking.
 Quoting: ^EyeSeeAll^


My house has been on the market in upper Westchester county NY, for the past 70 days, and no offers. I just lowered the price to $30,000 less than I paid for the house SEVENTEEN years ago---- and still no offers. Its in a fabulous school district and is freshly painted with floors newly refinished, sunny southern exposure all day, and close to the train to NYC. (1 hr 5 min commute)

The market stinks as far as I'm concerned.
 Quoting: Anonymous Coward 77441785


Too bad you weren't on the west coast or a Chinese fuck would've bought your house for $30,000 more than you are asking.
 Quoting: ^EyeSeeAll^



...and poof, that buyer of last resort is gone..
Anonymous Coward
User ID: 77675134
United Kingdom
06/16/2019 04:22 PM
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Re: Housing Market
I'm only paying 1.4% interest my American cousins. At least something good for us buck toothed, limey, mudslime luvvvvvin muther fuckerzzzzzzzzzzzz aye?
Anonymous Coward
User ID: 77698736
United States
06/16/2019 04:22 PM
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Re: Housing Market
Total nonsense. There will be no additional rate hikes in 2019. In the very long term it’s better to be a debtor in USD and a holder of rubles and crypto.
 Quoting: Anonymous Coward 71180557


Wanna bet? They are going to try and slam the brakes on the economy so Trump isn't reelected.
 Quoting: Failure To Communicate


Yes, I have been expecting the economic sabotage as well.
 Quoting: Anonymous Coward 67511492


Jesus fucking christ, it is NOT econ sabatoge. It is a reckoning of what should have been allowed to purge the system 10 years ago, but was not. Its math, plain and simple.
Anonymous Coward
User ID: 73807093
United States
06/16/2019 04:23 PM
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Re: Housing Market
My house has been on the market in upper Westchester county NY, for the past 70 days, and no offers. I just lowered the price to $30,000 less than I paid for the house SEVENTEEN years ago---- and still no offers. Its in a fabulous school district and is freshly painted with floors newly refinished, sunny southern exposure all day, and close to the train to NYC. (1 hr 5 min commute)

The market stinks as far as I'm concerned.
 Quoting: Anonymous Coward 77441785


Too bad you weren't on the west coast or a Chinese fuck would've bought your house for $30,000 more than you are asking.
 Quoting: ^EyeSeeAll^


I know Chinese are buying up everything here in suburban Chicago
Anonymous Coward
User ID: 77698736
United States
06/16/2019 04:24 PM
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Re: Housing Market
I'm only paying 1.4% interest my American cousins. At least something good for us buck toothed, limey, mudslime luvvvvvin muther fuckerzzzzzzzzzzzz aye?
 Quoting: Anonymous Coward 77675134


Uh, econ tard, it's not the interest, it's the principal... another econ tool.
Anonymous Coward
User ID: 77698736
United States
06/16/2019 04:25 PM
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Re: Housing Market
My house has been on the market in upper Westchester county NY, for the past 70 days, and no offers. I just lowered the price to $30,000 less than I paid for the house SEVENTEEN years ago---- and still no offers. Its in a fabulous school district and is freshly painted with floors newly refinished, sunny southern exposure all day, and close to the train to NYC. (1 hr 5 min commute)

The market stinks as far as I'm concerned.
 Quoting: Anonymous Coward 77441785


Too bad you weren't on the west coast or a Chinese fuck would've bought your house for $30,000 more than you are asking.
 Quoting: ^EyeSeeAll^


I know Chinese are buying up everything here in suburban Chicago
 Quoting: Anonymous Coward 73807093


Sounds like the japanese in 1980, didnt work out too well...
Anonymous Coward
User ID: 77675134
United Kingdom
06/16/2019 04:25 PM
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Re: Housing Market
I totally agree, but it didn't happen did it? The Banks are, and always will be, our bosses with us the slaves. Sorry to break this to you.
Anonymous Coward
User ID: 77698736
United States
06/16/2019 04:29 PM
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Re: Housing Market
I totally agree, but it didn't happen did it? The Banks are, and always will be, our bosses with us the slaves. Sorry to break this to you.
 Quoting: Anonymous Coward 77675134


It's happening right now. Jesus christ, they are consolidating assets on books and dumping liabilities, ie housing, they dont even fucking hold the notes anymore. Next in, will be bail ins, YOUR FUCKING MONEY OR EQUITY. Wake the fuck up!!!
Anonymous Coward
User ID: 77675134
United Kingdom
06/16/2019 04:51 PM
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Re: Housing Market
I totally agree, but it didn't happen did it? The Banks are, and always will be, our bosses with us the slaves. Sorry to break this to you.
 Quoting: Anonymous Coward 77675134


It's happening right now. Jesus christ, they are consolidating assets on books and dumping liabilities, ie housing, they dont even fucking hold the notes anymore. Next in, will be bail ins, YOUR FUCKING MONEY OR EQUITY. Wake the fuck up!!!
 Quoting: Anonymous Coward 77698736


I take it you are mortgage free and won't have to worry about the bail ins?
Anonymous Coward
User ID: 77698736
United States
06/16/2019 04:56 PM
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Re: Housing Market
I totally agree, but it didn't happen did it? The Banks are, and always will be, our bosses with us the slaves. Sorry to break this to you.
 Quoting: Anonymous Coward 77675134


It's happening right now. Jesus christ, they are consolidating assets on books and dumping liabilities, ie housing, they dont even fucking hold the notes anymore. Next in, will be bail ins, YOUR FUCKING MONEY OR EQUITY. Wake the fuck up!!!
 Quoting: Anonymous Coward 77698736


I take it you are mortgage free and won't have to worry about the bail ins?
 Quoting: Anonymous Coward 77675134


Possibly. They are planning on bail ins for cash, investments, including 401ks as it pertains to accounts within financial institutes, funds, etc. With big boy ties. So a fund that has even indirect ties to wells or the morgans, bofa, for example will be on the hook.
Anonymous Coward
User ID: 77698736
United States
06/16/2019 04:58 PM
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Re: Housing Market
...but then again in 2010 I saw how's access special fees into the 1000's against home owners to offset loses in foreclosed properties.

Dont kid yourself, if they want your piece of the pie they will get it..


Better of remaining debt free and "money" outside their monopoly game....





GLP