My prediction folks is that prices will come down in late 2015 or otherwise crash. I'm talking about rents and houses alike.
Why I see it that way? I see it that way when I look at the rent prices in our neighborhood. When it costs $3,000 for a family to rent, something has to give. Very few folks out here make that kind of money to pay, hence it won't last. This was the case last time real estate crashed, prices were higher than folks could pay. Adding to that higher costs of living due to drought and other economic factors, it only makes sense for prices to retreat.
My recommendation is to stay away from RE stocks and temporarily move into safer alternatives.
I predict in late 2017, this dipshit will be pretending like his terrible housing predictions werent made, and instead he will spend all his time talking about liberals and homos.
"I predict that all my financial predictions will turn out to be entirely wrong, leading thousands and thousands of investors to make decisions that will financially devastate them. Well, Fuck Them, Ha, Ha, Ha, Ha, Ha! Who would listen to a carny ASSHOLE like me, anyway?!"
My prediction folks is that prices will come down in late 2015 or otherwise crash. I'm talking about rents and houses alike.
Why I see it that way? I see it that way when I look at the rent prices in our neighborhood. When it costs $3,000 for a family to rent, something has to give. Very few folks out here make that kind of money to pay, hence it won't last. This was the case last time real estate crashed, prices were higher than folks could pay. Adding to that higher costs of living due to drought and other economic factors, it only makes sense for prices to retreat.
My recommendation is to stay away from RE stocks and temporarily move into safer alternatives.
#housing