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Housing collapse...Foreclosure moratorium ending July 31st means 1.7 million foreclosure sales VIDEO AND SYNOPSIS

 
Anonymous Coward
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07/03/2021 01:29 AM
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Re: Housing collapse...Foreclosure moratorium ending July 31st means 1.7 million foreclosure sales VIDEO AND SYNOPSIS
They have to end it sooner or later
Nonsense can't continue forever
 Quoting: 442


A wise man once said, "the market can remain irrational longer than you can stay solvent"

Or something like that.
 Quoting: Bloody Peasant!


They've flooded everything with worthless paper, so what makes you think they will stop now?

I believe they will continue pouring out the worthless paper until they can't control the inflation.

One day we will wake up and everybody will have lost their faith in the paper USD having any real value, and there will be a rush to real things with actual value.

It's a game of musical chairs, and you don't want to be caught without a real chair to be sitting in when the music stops. You also don't want to be the winner, because all you will get is a lousy cake. You need to be well balanced in your strategy.


.
Anonymous Coward
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07/03/2021 02:34 AM
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Re: Housing collapse...Foreclosure moratorium ending July 31st means 1.7 million foreclosure sales VIDEO AND SYNOPSIS
It's going to end in a giant bailout for landlords and the tenants will get to stay. Mark my words. No way the Democrats will let millions of their voters get thrown to the streets during their administration.
 Quoting: Anonymous Coward 77844123


Does it really matter if they vote or not anymore?
Anonymous Coward
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07/03/2021 02:37 AM
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Re: Housing collapse...Foreclosure moratorium ending July 31st means 1.7 million foreclosure sales VIDEO AND SYNOPSIS
Good news. Home prices should drop when that happens.
Anonymous Coward
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07/03/2021 04:20 AM
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Re: Housing collapse...Foreclosure moratorium ending July 31st means 1.7 million foreclosure sales VIDEO AND SYNOPSIS
NOPE

THOSE HOOK NOSED RAT FACED BITCHES ARE NOT GOING TO BE FORECLOSING ON ANYONE....NO ONE

THEY BETTER NOT EVEN DARE TRY
 Quoting: Anonymous Coward 80559039


These are nothing but anti-Semitic tropes and canards.

You're just jealous, that's all.
Agent 99

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07/03/2021 04:24 AM

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Re: Housing collapse...Foreclosure moratorium ending July 31st means 1.7 million foreclosure sales VIDEO AND SYNOPSIS
Up to 11 million homes will be coming on the market over the next few years. Biden will be blamed for it, even though it wasn't him who started the whole mess. That is why they are trying so hard to postpone it until 2024, but it ain't happening.
 Quoting: StayCurious


Staggered. Yep.

1.7 isn't that big.

Restructure of US Currency will happen too.
Agent 99

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07/03/2021 04:25 AM

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Re: Housing collapse...Foreclosure moratorium ending July 31st means 1.7 million foreclosure sales VIDEO AND SYNOPSIS
Good news. Home prices should drop when that happens.
 Quoting: Anonymous Coward 79030471


Not likely. Inflation is here to stay.
Anonymous Coward
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07/03/2021 04:48 AM
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Re: Housing collapse...Foreclosure moratorium ending July 31st means 1.7 million foreclosure sales VIDEO AND SYNOPSIS
this is nothing more then trump's legacy


just look at all the mess he's left


and even though he's gone the damage he did is just being felt
 Quoting: Anonymous Coward 69762908

Trump tried to reverse the destruction of the USA but spoiled leftists want it destroyed so we can build a Communist mecca controlled by the super rich.

Amazing how strong the kool aid is.
J-lee

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07/03/2021 04:55 AM
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Re: Housing collapse...Foreclosure moratorium ending July 31st means 1.7 million foreclosure sales VIDEO AND SYNOPSIS
this is nothing more then trump's legacy


just look at all the mess he's left


and even though he's gone the damage he did is just being felt
 Quoting: Anonymous Coward 69762908


WTF? The moratoriums started because of “COVID” WTF are you talking about? He didn’t leave a mess! You cannot be serious.
Anonymous Coward
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07/03/2021 05:01 AM
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Re: Housing collapse...Foreclosure moratorium ending July 31st means 1.7 million foreclosure sales VIDEO AND SYNOPSIS
this is nothing more then trump's legacy


just look at all the mess he's left


and even though he's gone the damage he did is just being felt
 Quoting: Anonymous Coward 69762908


MUH TDS!
 Quoting: Anonymous Coward 75962865


These TDS people are a threat to global security.
Anonymous Coward
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07/03/2021 05:02 AM
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Re: Housing collapse...Foreclosure moratorium ending July 31st means 1.7 million foreclosure sales VIDEO AND SYNOPSIS
NOPE

THOSE HOOK NOSED RAT FACED BITCHES ARE NOT GOING TO BE FORECLOSING ON ANYONE....NO ONE

THEY BETTER NOT EVEN DARE TRY
 Quoting: Anonymous Coward 80559039


These are nothing but anti-Semitic tropes and canards.

You're just jealous, that's all.
 Quoting: Anonymous Coward 79192178


Yeah... We're jealous of Satanists...

You people are fucking hopeless.
Anonymous Coward
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07/03/2021 05:03 AM
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Re: Housing collapse...Foreclosure moratorium ending July 31st means 1.7 million foreclosure sales VIDEO AND SYNOPSIS
This is an interesting take I hadn't thought of on why the housing market is in trouble.

Synopsis below but the video is really good with supporting data included...


1.7 million homeowners are currently 90+ days past due. Foreclosure moratorium ends July 31st. This floods the market with foreclosure sales or home owners selling to get out of the loan. Almost all sellers will have equity due to the run up in the housing market so they will all stampede to the doors to sell first so they can cash out. The inventory increases, the prices will go down as these homeowners that need to sell now get desperate to unload their homes and avoid foreclosure. The bright side for them is that they will probably walk away with cash in their pocket as a reward for not paying their mortgage payments during the moratorium.




 Quoting: Bloody Peasant!



So the Government shuts down the economy, the housing market explodes, The Government makes another policy to protect housing market from the first policy. And NOW, there's a housing problem and current home owners in trouble are assholes because , Government shutting down economy and making more stupid policy they'll be forced to sell because Government policy ended their job but fuck them, they're bad being forced to sell and possibly make a profit from their original investment because Government making stupid policies? He has the stats but THIS GUY IS A DOUCHE!!!!
SentientTransient
Truth Angers The Weak

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07/03/2021 05:11 AM

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Re: Housing collapse...Foreclosure moratorium ending July 31st means 1.7 million foreclosure sales VIDEO AND SYNOPSIS
For the same reason they keep on extending the rent moratorium and jacking the landlords I am sure they will allow the foreclosure moratorium to expire.

1.7 million foreclosures forced through is 1.7 million homes for Blackrock to swoop in and gobble up to be turned into SFRs.

Klaus Schwab is licking his chops.
If it isn't in The Bible then it is just conspiracy theory.
J-lee

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07/03/2021 05:19 AM
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Re: Housing collapse...Foreclosure moratorium ending July 31st means 1.7 million foreclosure sales VIDEO AND SYNOPSIS
For the same reason they keep on extending the rent moratorium and jacking the landlords I am sure they will allow the foreclosure moratorium to expire.

1.7 million foreclosures forced through is 1.7 million homes for Blackrock to swoop in and gobble up to be turned into SFRs.

Klaus Schwab is licking his chops.
 Quoting: SentientTransient


Yup and I heard today about how they will use SFRs to take away gun rights by putting in the lease that guns are not allowed on property, now I DID NOT have time to look into the legality of that today but it is something that is important to verify.
SentientTransient
Truth Angers The Weak

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07/03/2021 05:35 AM

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Re: Housing collapse...Foreclosure moratorium ending July 31st means 1.7 million foreclosure sales VIDEO AND SYNOPSIS
For the same reason they keep on extending the rent moratorium and jacking the landlords I am sure they will allow the foreclosure moratorium to expire.

1.7 million foreclosures forced through is 1.7 million homes for Blackrock to swoop in and gobble up to be turned into SFRs.

Klaus Schwab is licking his chops.
 Quoting: SentientTransient


Yup and I heard today about how they will use SFRs to take away gun rights by putting in the lease that guns are not allowed on property, now I DID NOT have time to look into the legality of that today but it is something that is important to verify.
 Quoting: J-lee


Oh whoa...that is a great and disturbing point.
If it isn't in The Bible then it is just conspiracy theory.
SentientTransient
Truth Angers The Weak

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07/03/2021 05:37 AM

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Re: Housing collapse...Foreclosure moratorium ending July 31st means 1.7 million foreclosure sales VIDEO AND SYNOPSIS
For the same reason they keep on extending the rent moratorium and jacking the landlords I am sure they will allow the foreclosure moratorium to expire.

1.7 million foreclosures forced through is 1.7 million homes for Blackrock to swoop in and gobble up to be turned into SFRs.

Klaus Schwab is licking his chops.
 Quoting: SentientTransient


Yup and I heard today about how they will use SFRs to take away gun rights by putting in the lease that guns are not allowed on property, now I DID NOT have time to look into the legality of that today but it is something that is important to verify.
 Quoting: J-lee


Far as "legality" it is time to admit the former framework of U.S. legality has been thrown into the fire.

Otherwise we wouldn't even be having this exchange on this subject.
If it isn't in The Bible then it is just conspiracy theory.
J-lee

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07/03/2021 05:43 AM
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Re: Housing collapse...Foreclosure moratorium ending July 31st means 1.7 million foreclosure sales VIDEO AND SYNOPSIS
For the same reason they keep on extending the rent moratorium and jacking the landlords I am sure they will allow the foreclosure moratorium to expire.

1.7 million foreclosures forced through is 1.7 million homes for Blackrock to swoop in and gobble up to be turned into SFRs.

Klaus Schwab is licking his chops.
 Quoting: SentientTransient


Yup and I heard today about how they will use SFRs to take away gun rights by putting in the lease that guns are not allowed on property, now I DID NOT have time to look into the legality of that today but it is something that is important to verify.
 Quoting: J-lee


Far as "legality" it is time to admit the former framework of U.S. legality has been thrown into the fire.

Otherwise we wouldn't even be having this exchange on this subject.
 Quoting: SentientTransient


Concur. I heard about it before I had time to even think, but unfortunately it resonated as something that could be a back door approach.

Edit: I personally believe this would infringe on the 2nd Amendment but it seems like some states are allowing landlords to do it so I don’t know. Just putting it out there to be aware of.

Last Edited by J-lee on 07/03/2021 05:46 AM
SentientTransient
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07/03/2021 05:54 AM

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Re: Housing collapse...Foreclosure moratorium ending July 31st means 1.7 million foreclosure sales VIDEO AND SYNOPSIS
For the same reason they keep on extending the rent moratorium and jacking the landlords I am sure they will allow the foreclosure moratorium to expire.

1.7 million foreclosures forced through is 1.7 million homes for Blackrock to swoop in and gobble up to be turned into SFRs.

Klaus Schwab is licking his chops.
 Quoting: SentientTransient


Yup and I heard today about how they will use SFRs to take away gun rights by putting in the lease that guns are not allowed on property, now I DID NOT have time to look into the legality of that today but it is something that is important to verify.
 Quoting: J-lee


Far as "legality" it is time to admit the former framework of U.S. legality has been thrown into the fire.

Otherwise we wouldn't even be having this exchange on this subject.
 Quoting: SentientTransient


Concur. I heard about it before I had time to even think, but unfortunately it resonated as something that could be a back door approach.

Edit: I personally believe this would infringe on the 2nd Amendment but it seems like some states are allowing landlords to do it so I don’t know. Just putting it out there to be aware of.
 Quoting: J-lee


The question is: is the 2nd Amendment even really still intact? That question stems from this one: is the current administration even legitimate or active?
Who or what is actually running things in the US right now? Beyond the elite corporations?
If it isn't in The Bible then it is just conspiracy theory.
Anonymous Coward
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07/03/2021 06:53 AM
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Re: Housing collapse...Foreclosure moratorium ending July 31st means 1.7 million foreclosure sales VIDEO AND SYNOPSIS
Please
 Quoting: Anonymous Coward 73361765


Even though I own a home, I have no intention on selling and I would welcome a huge reduction in prices. Things have gotten out of hand.
 Quoting: Bloody Peasant!


Taxes are becoming a concern, not to mention other shit starting to fucking inflate too.
Anonymous Coward
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07/03/2021 06:55 AM
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Re: Housing collapse...Foreclosure moratorium ending July 31st means 1.7 million foreclosure sales VIDEO AND SYNOPSIS
Now we know what the fema camps are for
 Quoting: Anonymous Coward 80559110


1.7 million is an average year

there are about 2 million foreclosures a year, that's how the American scam slave economy works.

you get to be a slave AND have everything you worked for snatched away by lawyers and the courts, working for the banks

one in ten thousand people even know it, because it's not one of the things the media says is worth discussing, just worry about what Kim Kardashian is doing and Caitlyn Jenner and Democrats and Republicans
 Quoting: Anonymous Coward 72529583


yeah just worry about your football team, and your fucking basketball team, don't think about your neighbors dying in the street
 Quoting: Anonymous Coward 72529583


if you get vaxxed so you can go blow thousands on football and NBA games , when there's godamn people dying in the streets, you deserve it
 Quoting: Anonymous Coward 72529583


you shills only bump eachother's threads for the $$$ don't you
Anonymous Coward
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07/03/2021 06:56 AM
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Re: Housing collapse...Foreclosure moratorium ending July 31st means 1.7 million foreclosure sales VIDEO AND SYNOPSIS
BlackRock is going to scoop up these homes and rent them back at higher rents than the mortgage payment.

Just like 2008.

Trump handed them the keys to treasury during the scamdemic.


 Quoting: Anonymous Coward 80559207


Yes, this will be the most likely outcome.
Starburne

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07/03/2021 07:14 AM

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Re: Housing collapse...Foreclosure moratorium ending July 31st means 1.7 million foreclosure sales VIDEO AND SYNOPSIS
It's going to end in a giant bailout for landlords and the tenants will get to stay. Mark my words. No way the Democrats will let millions of their voters get thrown to the streets during their administration.
 Quoting: Anonymous Coward 77844123


Yip. They will print another $20 trillion to keep the status quo, it will not end well.
You're only dancing on this Earth for a short while
Anonymous Coward
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07/03/2021 07:55 AM
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Re: Housing collapse...Foreclosure moratorium ending July 31st means 1.7 million foreclosure sales VIDEO AND SYNOPSIS
The last time the houses were allowed to lower in value nationwide was in 1991.

2008, places like New York and California saw no reduction in home prices though the rest of the nation had a 50% reduction.

This time nothing will go down in price even if those 2 million homes go on the market. 2 million is not much of a big number anyway percentage wise. Then there are those hedge funds that will buy them if that happened.

If they keep printing money to delay the inevitable then everyone is permafucked because prices of food, gas, electricity and other services will hyperinflate.
Anonymous Coward
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07/03/2021 08:08 AM
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Re: Housing collapse...Foreclosure moratorium ending July 31st means 1.7 million foreclosure sales VIDEO AND SYNOPSIS
Im curious, though, how will all of this go down? Someone should start a poll thread with all of the predictions in this thread and each one being a choice.
Anonymous Coward
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07/03/2021 11:47 AM
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Re: Housing collapse...Foreclosure moratorium ending July 31st means 1.7 million foreclosure sales VIDEO AND SYNOPSIS
The last time the houses were allowed to lower in value nationwide was in 1991.

2008, places like New York and California saw no reduction in home prices though the rest of the nation had a 50% reduction.

This time nothing will go down in price even if those 2 million homes go on the market. 2 million is not much of a big number anyway percentage wise. Then there are those hedge funds that will buy them if that happened.

If they keep printing money to delay the inevitable then everyone is permafucked because prices of food, gas, electricity and other services will hyperinflate.
 Quoting: Anonymous Coward 78349802


Let everything skyrocket. Everything bubble to the moon!
Anonymous Coward
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07/03/2021 12:35 PM
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Re: Housing collapse...Foreclosure moratorium ending July 31st means 1.7 million foreclosure sales VIDEO AND SYNOPSIS
The 1929 crash was preceded by a housing market crash in Florida, caused by a hurricane and then in California caused by the Long Beach earthquake.
Anonymous Coward
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07/04/2021 09:40 AM
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Re: Housing collapse...Foreclosure moratorium ending July 31st means 1.7 million foreclosure sales VIDEO AND SYNOPSIS
bumpbumpbumpbumpbump
StayCurious

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07/04/2021 12:55 PM
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Re: Housing collapse...Foreclosure moratorium ending July 31st means 1.7 million foreclosure sales VIDEO AND SYNOPSIS
Good news. Home prices should drop when that happens.
 Quoting: Anonymous Coward 79030471


Not likely. Inflation is here to stay.
 Quoting: Agent 99


Inflation will not save the housing market. Inflation will just make it much more difficult to keep and maintain a home.
Jade Hamsamich
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07/04/2021 01:03 PM
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Re: Housing collapse...Foreclosure moratorium ending July 31st means 1.7 million foreclosure sales VIDEO AND SYNOPSIS
Call Sign Collapse
Anonymous Coward
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07/04/2021 01:17 PM
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Re: Housing collapse...Foreclosure moratorium ending July 31st means 1.7 million foreclosure sales VIDEO AND SYNOPSIS
They'll just extend it. Ignoramus Janet Yellen is now at Treasury and Powell has been corrupted. The amount of bailouts we'll see will dwarf anything ever imagined before.
 Quoting: Anonymous Coward 6587275

hesright
Anonymous Coward
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07/04/2021 01:27 PM
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Re: Housing collapse...Foreclosure moratorium ending July 31st means 1.7 million foreclosure sales VIDEO AND SYNOPSIS
They'll just extend it. Ignoramus Janet Yellen is now at Treasury and Powell has been corrupted. The amount of bailouts we'll see will dwarf anything ever imagined before.
 Quoting: Anonymous Coward 6587275

hesright
 Quoting: Anonymous Coward 80564373


That will not be good for most people.

The question is whether they will bail out the owners allowing them to stay or do what they did in 2008 by just bailing out banks again?

There seriously needs to be a poll thread on this subject. This is HUGE.





GLP