A $1.3 Trillion U.S. Housing Market Crash Is Imminent, and Inevitable - Page 10

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A $1.3 Trillion U.S. Housing Market Crash Is Imminent, and Inevitable
Anonymous Coward User ID: 78290078 United States 04/05/2020 05:45 PM Report Abusive Post Report Copyright Violation	Re: A $1.3 Trillion U.S. Housing Market Crash Is Imminent, and Inevitable BWAHAHAHAHAAHAHHAHAHHAHAHAAHAHAHAHAAHAHHAHAHHAHAHAAHAHAHAHAAHAHHAHAHHAHAHAAHAHAHAHAAHAHHAHAHHAHAHAAHAHAHAHAAHAHHAHAHHAHAHAAHAHAHAHAAHAHHAHAHHAHAHAAHAHAHAHAAHAHHAHAHHAHAHAAHAHAHAHAAHAHHAHAHHAHAHAAHAHAHAHAAHAHHAHAHHAHAHAAHAHAHAHAAHAHHAHAHHAHAHAAHAHAHAHAAHAHHAHAHHAHAHAAHAHAHAHAAHAHHAHAHHAHAHAAHAHAHAHAAHAHHAHAHHAHAHAAHAHAHAHAAHAHHAHAHHAHAHAAHAHAHAHAAHAHHAHAHHAHAHAAHAHAHAHAAHAHHAHAHHAHAHAAHAHAHAHAAHAHHAHAHHAHAHA!!!
beeches User ID: 77354011 United States 04/05/2020 06:13 PM Report Abusive Post Report Copyright Violation	Re: A $1.3 Trillion U.S. Housing Market Crash Is Imminent, and Inevitable bump to read Liberalism is totalitarianism with a human face – Thomas Sowell
Anonymous Coward User ID: 46432626 United States 04/05/2020 06:43 PM Report Abusive Post Report Copyright Violation	Re: A $1.3 Trillion U.S. Housing Market Crash Is Imminent, and Inevitable The U.S. housing market is going to be one of the biggest victims of the novel coronavirus pandemic as people lose jobs and the economy comes to a grinding halt. Housing bulls have already started pulling out of the market and it won’t be long before prices start going south. The latest readings from the S&P CoreLogic Case-Shiller index could be the market’s last hurrah. The economic fallout of the COVID-19 outbreak is about to wreck the market’s momentum and might cause the biggest price crash since the Great Recession. [link to www.ccn.com (secure)] Quoting: Anonymous Coward 78545945 That's absolute horseshit. It will BOOM back. Formally lazy people will get jobs they will be so glad to be out of the house. Life will be better after this, and a lot cleaner. Quoting: Anonymous Coward 16762662 Buddy, deflating the housing bubble was the entire POINT of this fake pandemic bullshit. That and to introduce some kind of DNA altering experiment to the population via "emergency" vaccine. Either that, or an asteroid is going to whack us at the end of April and this whole was just a cover story to get us indoors and stocked up. Plus the masks to filter out airborne dust for a few years.
oniongrass User ID: 78455425 United States 04/05/2020 07:00 PM Report Abusive Post Report Copyright Violation	Re: A $1.3 Trillion U.S. Housing Market Crash Is Imminent, and Inevitable Since a house with a bit of property around it is the best place to weather this storm, I can see houses being somewhat desirable. Fancy NYC apartments on the other hand ... . DON'T VAX, PROPHYLAX! ____________ There is no anger in Me: If one offers Me thorns and thistles, I will march to battle against him, And set all of them on fire. But if he holds fast to My refuge, He makes Me his friend; He makes Me his friend. (Isaiah 27:4-5)

Homeland76 User ID: 77941945 United States 04/05/2020 07:06 PM Report Abusive Post Report Copyright Violation	Re: A $1.3 Trillion U.S. Housing Market Crash Is Imminent, and Inevitable If the housing market crashes, what's to stop the banking industry from following? Don't banks fund mortgages for the most part? Quoting: nacho daddy No the banks do not fund your home purchase you do! They do not lend you one dime. They are lending you your own credit. When you sign that promise to pay you created the money with your signature. The promise to pay is an asset the bank monetizes and they end up making several times the loan value and still charge you interest. They are corrupt! Jeremy M
Anonymous Coward User ID: 78572232 United States 04/05/2020 07:33 PM Report Abusive Post Report Copyright Violation	Re: A $1.3 Trillion U.S. Housing Market Crash Is Imminent, and Inevitable My in-laws make 100K a year and bought a 360,000 house a year ago. And their jobs are COMMISSION! One is a realtor and one is a car salesman. Both commission jobs and they have debt! They act like junior highschoolers and only buy name brand clothes and houses to impress people. I can't wait for karma to kick their asses. Quoting: Anonymous Coward 78729715 Why, then they'll live with you?
TIO JUAN User ID: 78724970 Mexico 04/05/2020 07:52 PM Report Abusive Post Report Copyright Violation	Re: A $1.3 Trillion U.S. Housing Market Crash Is Imminent, and Inevitable A $1.1 Quadrillion Global Derivatives Market Crash Is Imminent, and Inevitable UNCLE JOHN

Katipo2017 User ID: 70501614 New Zealand 04/05/2020 07:53 PM Report Abusive Post Report Copyright Violation	Re: A $1.3 Trillion U.S. Housing Market Crash Is Imminent, and Inevitable Bullshit Any sarcasm in this post is purely intentional.
Anonymous Coward User ID: 77890896 United States 04/06/2020 12:14 AM Report Abusive Post Report Copyright Violation	Re: A $1.3 Trillion U.S. Housing Market Crash Is Imminent, and Inevitable Have a house being built. Considering cancelling unless they renegotiate price. Close scheduled for June July. Quoting: Anonymous Coward 78572232 Buy a van. Quoting: Anonymous Coward 77890896 Do you have a van? Quoting: Anonymous Coward 78572232 No, but I have a home.
Anonymous Coward User ID: 10073860 United States 04/06/2020 01:01 AM Report Abusive Post Report Copyright Violation	Re: A $1.3 Trillion U.S. Housing Market Crash Is Imminent, and Inevitable You all must be newbs. Banks will work it out? lol Quoting: Anonymous Coward 77890896 They won’t be able to handle it all. Some people would actually ruin the homes or set fire to them if they are forced to leave. It happened in 2008. It would be worse now. Quoting: Anonymous Coward 76984449 Back in the 2008 era, I was renting a house from a person who was unable to pay her mortgage payments. She and I were on friendly basis, so she told me about this right away, as she missed her first payment. I agreed to keep paying her rent, and agreed it would be okay with me that she not pay her mortgage. (she was a cool landlord). THE POINT: I lived in that house for 7 years, after she had stopped paying the mortgage....and I got lucky and moved out just a few months before they FINALLY foreclosed. It took 7 years for the bank to foreclose and take the property from her!! So, imagine now....this situation would be bigger and worse. Quoting: Butch DeFeo It will be like that now but people will be able to stay in their house for probably double that time. Find all the loopholes and stay put. Renters stay put as well. The courts will be too full. Better to pay half or whatever you can afford than to leave and be homeless. Quoting: Anonymous Coward 76984449 Even if they stay, their jobs and potential to earn and have wealth are destroyed. And when real estate crashes 50% it won’t matter that they got to stay in their upside down bank owned house, their net worth/equity will be gone.
Anonymous Coward User ID: 10073860 United States 04/06/2020 01:03 AM Report Abusive Post Report Copyright Violation	Re: A $1.3 Trillion U.S. Housing Market Crash Is Imminent, and Inevitable A $1.1 Quadrillion Global Derivatives Market Crash Is Imminent, and Inevitable Quoting: TIO JUAN A $1.1 Quadrillion Global Derivatives Market Crash Is Imminent, and Inevitable Quoting: TIO JUAN Oh the derivatives market is going to so much worse when it goes...
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