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What are millennials waiting for?


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2019 Aug 28, 9:30am   538 views  6 comments

by tovarichpeter   ➕follow (7)   💰tip   ignore  

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1   Tenpoundbass   2019 Aug 28, 10:03am  

Well without the new inventory and new Towns I keep championing, those foolish Millenials will only serve to hype the house prices back up quickly through bidding wars. Like happened during the last dip. The price of houses should have fell about another 1/3rd, but they didn't get a chance to. Because of the lack of inventory. Rental investors also made sure of it.
2   Shaman   2019 Aug 28, 11:18am  

Pretty much. Supply is greatly restricted in hot markets at this time. There might be some easing when the Boomers start dying off in great numbers, but that should hit in ten years when they all start hitting that magic age 85. There is a “natural” die-off at that age, and again at 95. The only thing that could accelerate this trend in California is if the Democrats get rid of Prop 13. A LOT of houses will be sold by the retired crowd for a lot of money because they can’t afford the taxes on a two million dollar shack.
3   RC2006   2019 Aug 28, 11:34am  

Better off investing in Camping World Holdings Inc. stock in the $7 maybe a lot of people from next crash will turn to RVs with high rents this go around.
4   Tenpoundbass   2019 Aug 28, 11:42am  

RC2006 says
Better off investing in Camping World Holdings Inc. stock in the $7 maybe a lot of people from next crash will turn to RVs with high rents this go around.


That defeatist mentality is exactly why the system is rigged and the Liberals and Establishment fuckheads get away with every thing they do.

If you're living in an RV because the last President made every last strip of available land Federal Land, while Correcting the Real Estate Market to reverse course and go back to over valued. You're not supposed to feel smarter than everyone else.
5   RC2006   2019 Aug 28, 12:07pm  

Tenpoundbass says
RC2006 says
Better off investing in Camping World Holdings Inc. stock in the $7 maybe a lot of people from next crash will turn to RVs with high rents this go around.


That defeatist mentality is exactly why the system is rigged and the Liberals and Establishment fuckheads get away with every thing they do.

If you're living in an RV because the last President made every last strip of available land Federal Land, while Correcting the Real Estate Market to reverse course and go back to over valued. You're not supposed to feel smarter than everyone else.


Defeatist mentality, I'm talking about making money of dumb liberals in CA it is what it is. Camping world Inc is at an all time low.
6   Tenpoundbass   2019 Aug 28, 12:41pm  

I know it would be defeatist for those that would buy and consume the camping goods. They will probably riot and steal the gear more like it.
While they build a Rebel camp.

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