U.S. Housing Prices are Never Going to Down, But Humor Me...

 invite response                
2016 Jun 20, 11:25am   12,379 views  45 comments

by exfatguy   ➕follow (0)   💰tip   ignore  

...theoretically, what could happen to make them go down and not be attractive to the worldwide investment community?

« First        Comments 43 - 45 of 45        Search these comments

43   mmmarvel   2016 Jun 27, 7:13pm  

Ironworker says

I believe it will go down, not much, for very brief period of time before it goes up again. Maybe 10-15% in SF Bay Area.

The difference is that it will be a buyers market and buyers will have little, little, little more to chose from and little less competition.

Then here is an idea - move away from the SF area.

Ironworker says

The fact is we all who didn't buy in 2011-2014 are regretting it. I'm one of them.

It was oportunity of a lifetime we probably won't see anymore.

Agreed, we bought in 2011 (in Houston) and the house has more than doubled what we paid for it. By the same token, if we sell the stuff that is out there now is too expensive for us. Guess I'll wait till it triples in value.

44   RWSGFY   2022 May 26, 7:51am  

DooDahMan says

mmmarvel says
Guess I'll wait till it triples in value.

Has it done so now ?

My shack is almost there if we are to believe Zillow. All in less than 10 years. It can't last - not with my fucking luck.
45   Blue   2022 May 26, 7:57am  

Corporations pay way less taxes than individuals. RE game is unfair and corrupt when corporation competing with individuals. Take for example 1978 prop 13, corporations keep original entities to continue tax basis when acquiring and pay almost zero property taxes.

« First        Comments 43 - 45 of 45        Search these comments

Please register to comment:

api   best comments   contact   latest images   memes   one year ago   random   suggestions