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How to hedge against housing price declines?
2022 Apr 25, 1:41pm 5,048 views 68 comments
by Zak follow (0)
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67
Tenpoundbass
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2022 Apr 29, 10:22am
Tenpoundbass
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2022 Apr 29, 10:22am
I would eventually like being in the position to have the capital to invest in business or assets. I'll never throw my money at this crooked market.
My buddy that just jumped in the market last month, is now singing the blues. He thought GAFAM or FAANG was a sure bet.
My buddy that just jumped in the market last month, is now singing the blues. He thought GAFAM or FAANG was a sure bet.
68
Bitcoin
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2022 Apr 29, 11:53am
Bitcoin
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2022 Apr 29, 11:53am
Tenpoundbass says
Okay, from that perspective I understand your strategy. Bascially, " i dont care what others tell me the stock market will make, i play it safe and pay off my house"
I guess, in my case, its like If I dont believe that the stock market will make me signficantly more than 2.75% annually than I am fucked long term because all of my retirement is in stocks and some is in crypto.
I would eventually like being in the position to have the capital to invest in business or assets. I'll never throw my money at this crooked market.
Okay, from that perspective I understand your strategy. Bascially, " i dont care what others tell me the stock market will make, i play it safe and pay off my house"
I guess, in my case, its like If I dont believe that the stock market will make me signficantly more than 2.75% annually than I am fucked long term because all of my retirement is in stocks and some is in crypto.
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After purchasing a house a few years ago, even though I swore I was going to lose money, it turns out that for the time being, and on paper, I'm way up. But I, like many of you, feel that this entire market is back in 2007 levels of crazy, and ripe for decline with the interest rate hikes. That said, I live in a house I am comfortable with the payment on, but the "equity" I would get if I sold would be a significant difference in our retirement vs if that "fake money" just evaporates back to nothing.
So, finally, instead of hemming and hawing about sell, or not sell, it finally occurred to me that what people do in volatile asset situations is hedge. But here, I am a bit lost on how to hedge. So... does anyone else here have a similar predicament, and are any of you taking specific steps to hedge a house price decline?
Thanks!