patrick.net
An Antidote to Corporate Media
1,363,635 comments by 15,738 users - FortWayneHatesRealtors, Patrick, socal2 online now
« First « Previous Comments 718 - 722 of 722 Search these comments
718
FortWayneHatesRealtors
2026 Jan 28, 11:49am
MolotovCocktail says
Hopium? I could care less if it drops. I just don’t think it will, government will do whatever it takes.
FortWayneHatesRealtors says
Demographics? Ha! They'll mass import Nigerians if they have to.
Nope. There's a limit to how much they have to do that. See Canada.
All you are doing is engaging in hopium.
Hopium? I could care less if it drops. I just don’t think it will, government will do whatever it takes.
719
Glock-n-Load
2026 Jan 28, 11:52am
FortWayneHatesRealtors says
Yes, I believe government will do whatever it takes to control almost every market.
MolotovCocktail says
FortWayneHatesRealtors says
Demographics? Ha! They'll mass import Nigerians if they have to.
Nope. There's a limit to how much they have to do that. See Canada.
All you are doing is engaging in hopium.
Hopium? I could care less if it drops. I just don’t think it will, government will do whatever it takes.
Yes, I believe government will do whatever it takes to control almost every market.
720
TheAntiPanicanLearingCenter
2026 Jan 28, 12:41pm
TheAntiPanicanLearingCenter
2026 Jan 28, 12:41pm
December 2025 was the worst month for completed housing sales on record. And yes, it's seasonally adjusted, so nevermind the "But December is always slow".
November 2025 was the 2nd worst November on record.
November 2025 was the 2nd worst November on record.
721
MolotovCocktail
2026 Jan 28, 6:26pm
MolotovCocktail
2026 Jan 28, 6:26pm
Glock-n-Load says
Like they did in 2008? How about the dotcom bubble?
Hopium
Yes, I believe government will do whatever it takes to control almost every market.
Like they did in 2008? How about the dotcom bubble?
Hopium
722
Patrick
2026 Jan 28, 6:40pm
Patrick
2026 Jan 28, 6:40pm
Misc says
The volume is as important as the prices.
If the median price went up, but volume plummeted, that makes the price much less representative of reality.
Even the value of a single house is not constant. If you have to sell it now then you're going to get much less if you can wait a year or more.
I think what's happening is that slews of houses are being held off the market right now because:
1. Owners don't want to give up the 3% mortgages that they got during the plandemic.
2. Owners are unwilling to take a loss, which they would probably have to to sell in any reasonable amount of time.
TheAntiPanicanLearingCenter says
Yes, that.
Fannie/Freddie, Wells Fargo etc. are all forecasting an increase of about 1.5-2% for 2026 housing on a nationwide basis.
The volume is as important as the prices.
If the median price went up, but volume plummeted, that makes the price much less representative of reality.
Even the value of a single house is not constant. If you have to sell it now then you're going to get much less if you can wait a year or more.
I think what's happening is that slews of houses are being held off the market right now because:
1. Owners don't want to give up the 3% mortgages that they got during the plandemic.
2. Owners are unwilling to take a loss, which they would probably have to to sell in any reasonable amount of time.
TheAntiPanicanLearingCenter says
December 2025 was the worst month for completed housing sales on record. And yes, it's seasonally adjusted, so nevermind the "But December is always slow".
Yes, that.
« First « Previous Comments 718 - 722 of 722 Search these comments
So the only way to decrease real prices is to decrease demand, and the only way to do that is to kick out all illegal immigrants and anchor babies. Will Trump do this? Almost certainly not. Even with control over all three branches of the government, the Republicans are not going to get rid of all the illegals who are driving up housing prices and social welfare costs. I wish that I was wrong about this, but I'm not.
The United States population reached 200 million on November 20, 1967. If there was no net migration, then the U.S. population have stabilized to about 220 million. Instead, the population is 335 million. This is why housing is so expensive. This is why rent is so damn high. This is why the younger generations cannot afford to have children. This is why the only way to keep the population from falling is to import massive numbers of unskilled, uneducated, and often criminal immigrants. Both parties are responsible for this: democrats for importing voters and republicans for importing farm laborers. Both parties want cheap labor.
When you import massive numbers of low-iq, low-skill workers, your per capital GDP declines relative to where it would have been otherwise. Yes, technological advancements mask this because technology increases GDP faster than low-skill immigration decreases it, but most of those gains don't get seen by the middle class.
Since both parties, and their corporate overlords, are benefiting from the current system, immigration will continue and housing prices will also continue to rise. I suppose I shouldn't care since I own and have a 2.25% mortgage that is being eaten away by inflation, but anyone young enough that they having bought already is fucked.