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Has Patrick missed housing bubble 2.0?


               
2019 Feb 26, 2:31pm   4,165 views  19 comments

by whitewater   follow (0)  

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12   joshuatrio   2019 Feb 27, 2:29am  

Still going up in ATL, but at a much slower rate.
13   Bullshit   2019 Feb 27, 5:06am  

Anybody have any information on Oregon? I have a friend who repo's houses for banks (ie shows up, throws you out, and changes the locks). Every time I talk to him, business seems to be booming.

Factors that I think will affect Oregon housing in the near future:

1. Oregon has passed the first in nation "Statewide Rent Control" - or it should be law in the coming few days.
2. The issue of the SALT tax deduction loss with the Trump plan. Something tells me that Oregon will be affected, considering we have a 9.9% state tax rate.
3. A statewide $15/hour minimum wage. Not as great a factor as 1 or 2, but still, I think it will factor in somehow.

There's been so many changes/laws enacted in the last year or so, I must say I am quite curious to see what happens. The thing is, I don't know exactly what. From an economics standpoint, overall, I think ALL 3 factors are negative. But again, I just don't know exactly what will happen.

Anybody have any input?
14   whitewater   2019 Feb 27, 5:12am  

“IPO is one part of the equation” ... Rin loves hoes and Rin is rich therefore one should bang hoes to get rich.

It’s called magical thinking.

The number of IPO is causal in real estate? I don’t see it. The stock market is a completely managed and manipulated market these days anyways and has very little bearing on the economy aside from propping up pensions a little while longer.
15   anonymous   2019 Feb 27, 5:50am  

Bullshit says
Anybody have any information on Oregon?


@Bullshit - try these for a start

https://www.zillow.com/or/home-values/

Scroll down thru this blog to get some perspectives on Oregon
https://www.sammamishmortgage.com/blog/

Next one has not updated yet for Oregon in 2019
https://www.housingpredictor.com/oregon-housing-market/

City by city market trends in Oregon - updated daily
https://www.movoto.com/or/market-trends/

Portland Real Estate Bubble – Housing Market Crash 2019
https://realestateagentpdx.com/portland-real-estate-bubble-housing-market-crash-2019/13382

2019 Portland Housing Market Forecast and Trends
https://www.pdxlisted.com/2019-portland-housing-market-forecast/

Washington vs. Oregon: An Updated Home-Price Outlook for 2019
https://www.sammamishmortgage.com/washington-vs-oregon-home-price-outlook/

Portland Real Estate Market Predictions for 2019, 2020 and 2021
https://www.pdxlisted.com/portland-real-estate-market-2019-2020-2021/
17   Malcolm   2019 Feb 27, 11:02am  

And no, we did not miss it. I called it last year when I saw the State of California starting their foreclosure bailout nonsense again, where Pedro can get up to $100,000 to save his home.

http://patrick.net/post/1312974/2018-01-09-did-we-just-pop-a-new-housing-bubble-http-keepyourhomecalifornia-org-programs-principal-reduction
18   Rin   2019 Feb 27, 1:14pm  

whitewater says
Rin loves hoes and Rin is rich therefore one should bang hoes to get rich.


Stop inverting Rin Wah Law.

Rin Wah Law is to motivate one to become rich, so that one can regularly bonk hoes.

In that spectrum, there are the newbies who can only afford a realistic sex doll. That's step one because it saves a ton of money on dating. And then, one can work on step 2 and 3.

Then, there are the up and comers, who can see hoes but not so frequently. For these ppl, living near a Canadian border town, so that when one is away from work, one can make the drive for a boink more convenient. This is why I wanted a corporate HQ in Ann Arbor Michigan because Windsor Ontario is a stone's throw away.
19   anonymous   2019 Mar 4, 7:56am  

Who Wins in a long-drawn-out gradual Housing Bust?

It always boils down to this: Regardless of how thin you cut a slice of bologna, there are always two sides to it. When home prices drop after a housing bubble, there are many losers. But here are the winners – including a whole generation (11 minutes).

www.EMcEF5hUJ1I

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