Will the housing market crash like 2008 again!?

Y'all just had expensive gas and crappy cars...

businesses with low interest loans will effectively
be reaping a profit on those loans through inflation.

the opposite of companies failing through deflation,
which is the model most of you understand from
the past 40 years.

.

No, my point is there will be a breaking line, and the bottom of the top will be saved through the top of the top...

And much more than can be imagined will fall from the bottom half

the 70s were partly inflationary because the B00mers
created enormous demand in commodities as they
entered the job and home markets. They're now
creating same demand in retirement housing outside
of big cities. Federal spending is creating inflation
in large cities this time to drive their exodus.

If it does I'll be buying with cash.

Not that I could have explained it that well but yeah, the difference is that they'll be going by by, and the federal shit inside cities will accomplish what I mentioned, but even the big corpos will suffer and need to be saved by who I mentioned above...

You're way late to the party and you might need to save that for what's to come...

I've heard one will get you by, 2.2 to be relatively comfortable, but I'd be shocked if 8 or 10 was what it took to be poverty...

And it’s only minimum wage. The higher wages didn’t rise so much.

Boo-hoomers don't care either way. Can't take it with them they don't give a fuck, spend it all.

Remodel that pos house with a fake river in front of it. damming in rainwater from a Walmart parking lot does not a river make.

Not even most of the minimums went up...

Just corpo fascys

Already happening.

Since mortgages were based on very low interest rates for the first time, this crash will be catastrophic because if interest rates are used to control inflation, mortgage would treble and quadruple and worse. If interest rates cannot be used to control inflation then hyperinflation occurs.

China and Russia know what they are doing.

With the removal of the domainance of the US, nation states will be free to make their decisions without being bullied and the end of globalism and it's awful effects will be over.

Gold and Silver IS INFLATING. And massively. BUT the inflation is happening on PAPER with the promise to mine more to meet the demand later in affect. If physical delivery demand begins, a run on silver and gold will begin. The paper is worthless and 1000 times the actual physical available and growing.

Ergo an ounce of gold will be worth one thousand times what it is worth today. All your old electronics will be worth many, many times what they are worth now because of the gold and silver in them

possible but the timing will be different than you
may think. The 2008 crash actually began in Dec 2005,
I was monitoring housing starts and that was the
month the trendline reversed.

it took 2 1/2 years to displace enough through
the system to crash. this time IS different
and some other factor is critical.

I experienced that era in first hand with a microscopic view...

This is very different and will likely happen more seemingly suddenly

Except lumber been going up a long time...

What’s going to happen when people who have mortgages for 500K and the house is worth half that and they decide to walk away? That’s what happened in 2008-2009.

That's why I said the same yet different...

The first time it was ARMs

It won't take an ARM this time...

Do you think the lenders will be bailed out this time? This is a mess. It’s called causing great anxiety because everyone will get hosed except for the freeshit army getting ebt cards and being on section 8 and what not.

Edit

I can’t stand auto correct or this device.

Building materials are still at an all time high.

A crash will happen when you least expect it, but not likely, even though it should be crashing.

If you don’t own a home by now, you’re probably not going to be able to, due to low inventory and cost to build.

100000%

All the gains are built on low int rates for decades and wealth effect


Very few areas is it truly based on demand


I remember in 2007 morons said same thing: no houses for sale!

For those that have paid off homes….they are going to up your taxes so you can no longer afford to live there. That means property values and assessments will continue to go up until people who own their homes outright are forced to sell.

Then the crash for everyone else.

It will be soon where everything will be priced in gold / silver only.

Hahahahahahahahahahaha. Come get some.

yep, but I'm ready this time...

My house is paid for...


No stocks, just PM and cash and food prep to last at least one year...

and after that I hope Yeshua comes soon...

I'm too old to go full Mad Max Apocalypse...