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mell
2023 Aug 31, 8:42am
It's irrelevant to debate housing in a country that continues unfettered immigration and subsidizing home buying and renting programs. If it wouldn't engage in the above the outlook would have been bearish most of the past decades, but so there is constant pressure to house people and house prices will never crash significantly until subsidies and immigration are removed. Instead prices will keep going up with smaller dips here and there, similar to the stock market. After realizing the above fact, we bought at one of the many called tops and are already 15%-20% above it. Wine country was totally worth it
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In late 2010, I think 4 of my coworkers were laughing at me because I said housing will double-dip. They all thought prices would stay flat or drop only a couple of percentages. Well, it's June 2011 and prices already fell 5.5% from Jan to Mar 2011. They look at that and now say that it won't fall anymore even though sales numbers are double-digits in the red.
The sheeple are so brainwashed it's mind boggling! I think it's hopeless guys. America will never wake up to reality until the ESPN is shut down or until the economy totally collapses!!
OMG I'M ANGRY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Thanks for letting me vent!!!!
#housing