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USA Collapse: Skyrocketing housing prices unleashing mass homelessness and total pauperization as Depression takes hold

 
Trump Bankrupts the USA
User ID: 78902126
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05/11/2020 03:35 AM
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USA Collapse: Skyrocketing housing prices unleashing mass homelessness and total pauperization as Depression takes hold
The 'grand re-opening' will see millions on the streets living in boxes!
Anonymous Coward
User ID: 78613196
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05/11/2020 03:42 AM
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Re: USA Collapse: Skyrocketing housing prices unleashing mass homelessness and total pauperization as Depression takes hold
The 'grand re-opening' will see millions on the streets living in boxes!
 Quoting: Trump Bankrupts the USA 78902126


no - they are controlling this takedown - take it back 'fuck them' - hold on like you are - fight back
Anonymous Coward
User ID: 78613196
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05/11/2020 03:43 AM
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Re: USA Collapse: Skyrocketing housing prices unleashing mass homelessness and total pauperization as Depression takes hold
we are r more than they
Anonymous Coward
User ID: 76894912
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05/11/2020 03:47 AM
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Re: USA Collapse: Skyrocketing housing prices unleashing mass homelessness and total pauperization as Depression takes hold
Why is housing skyrocketing? Who is buying?? Foreigners are banned from entering the country and the average Joe cannot make mortgage. Prices should be falling like a rock.
Anonymous Coward (OP)
User ID: 78902126
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05/11/2020 03:49 AM
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Re: USA Collapse: Skyrocketing housing prices unleashing mass homelessness and total pauperization as Depression takes hold
Why is housing skyrocketing? Who is buying?? Foreigners are banned from entering the country and the average Joe cannot make mortgage. Prices should be falling like a rock.
 Quoting: Anonymous Coward 76894912


Inflating the market value of prices to reward investors on the one hand and to increase municipal property taxes based on housing valuation on the other.

They're going to take everything they can. Bleeding the host dry...
Anonymous Coward
User ID: 78895062
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05/11/2020 03:52 AM
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Re: USA Collapse: Skyrocketing housing prices unleashing mass homelessness and total pauperization as Depression takes hold
More buyers than sellers drive up the price..

Now home loans require 20 percent down with a 700 or more credit score..

So with high unemployment and more money needed to buy with a better credit score its going to be hard for house prices to increase..
Anonymous Coward (OP)
User ID: 78902126
United States
05/11/2020 04:01 AM
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Re: USA Collapse: Skyrocketing housing prices unleashing mass homelessness and total pauperization as Depression takes hold
More buyers than sellers drive up the price..

Now home loans require 20 percent down with a 700 or more credit score..

So with high unemployment and more money needed to buy with a better credit score its going to be hard for house prices to increase..
 Quoting: Anonymous Coward 78895062


Yet, the prices are still rising. You won't understand until you understand the mind and nature of the parasite...
Anonymous Coward
User ID: 78349802
United States
05/11/2020 04:03 AM
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Re: USA Collapse: Skyrocketing housing prices unleashing mass homelessness and total pauperization as Depression takes hold
Why is housing skyrocketing? Who is buying?? Foreigners are banned from entering the country and the average Joe cannot make mortgage. Prices should be falling like a rock.
 Quoting: Anonymous Coward 76894912


Yeah, but they can still buy them up. Even investors from here will buy them up.
Anonymous Coward
User ID: 78783713
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05/11/2020 04:05 AM
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Re: USA Collapse: Skyrocketing housing prices unleashing mass homelessness and total pauperization as Depression takes hold
Why is housing skyrocketing? Who is buying?? Foreigners are banned from entering the country and the average Joe cannot make mortgage. Prices should be falling like a rock.
 Quoting: Anonymous Coward 76894912


Oh it will. The housing situation is retarded. In my city a house easily costs $500k and we have really no industry here. It’s all Californians with their house money moving here and then they’ve got no jobs, just paid for houses and trying to be “self-employed”. I can’t wait for the prices to come crashing down. We pay more now just in taxes every month than we did for the mortgage in the 90s. It’s insane.
Anonymous Coward
User ID: 78895062
United States
05/11/2020 04:07 AM
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Re: USA Collapse: Skyrocketing housing prices unleashing mass homelessness and total pauperization as Depression takes hold
More buyers than sellers drive up the price..

Now home loans require 20 percent down with a 700 or more credit score..

So with high unemployment and more money needed to buy with a better credit score its going to be hard for house prices to increase..
 Quoting: Anonymous Coward 78895062


Yet, the prices are still rising. You won't understand until you understand the mind and nature of the parasite...
 Quoting: Anonymous Coward 78902126


Not True

I am currently looking for property in the NW, Washington State area and about 1/3 of the listings are over 3 months old and many have lowered the price around $10,000 on average..

Zillow and other sites show the price decrease over the time of listings..
Anonymous Coward
User ID: 78895062
United States
05/11/2020 04:09 AM
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Re: USA Collapse: Skyrocketing housing prices unleashing mass homelessness and total pauperization as Depression takes hold
OPer must be talking about Southern Cali or NYC house prices still going up but not the case in many other areas of America..
Anonymous Coward
User ID: 78349802
United States
06/27/2020 09:51 PM
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Re: USA Collapse: Skyrocketing housing prices unleashing mass homelessness and total pauperization as Depression takes hold
More buyers than sellers drive up the price..

Now home loans require 20 percent down with a 700 or more credit score..

So with high unemployment and more money needed to buy with a better credit score its going to be hard for house prices to increase..
 Quoting: Anonymous Coward 78895062


Yet, the prices are still rising. You won't understand until you understand the mind and nature of the parasite...
 Quoting: Anonymous Coward 78902126


Not True

I am currently looking for property in the NW, Washington State area and about 1/3 of the listings are over 3 months old and many have lowered the price around $10,000 on average..

Zillow and other sites show the price decrease over the time of listings..
 Quoting: Anonymous Coward 78895062


Those houses were priced at over $500,000.

$10,000 is nothing.
Pava

User ID: 73578987
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06/27/2020 09:54 PM
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Re: USA Collapse: Skyrocketing housing prices unleashing mass homelessness and total pauperization as Depression takes hold
Why is housing skyrocketing? Who is buying?? Foreigners are banned from entering the country and the average Joe cannot make mortgage. Prices should be falling like a rock.
 Quoting: Anonymous Coward 76894912


in my neighborhood, someone (FED) buys 3-4 million house once a month...so that the average price of houses stays the same...sneaky?
Corvidium

User ID: 73063466
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07/11/2020 03:05 PM
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Re: USA Collapse: Skyrocketing housing prices unleashing mass homelessness and total pauperization as Depression takes hold
OPer must be talking about Southern Cali or NYC house prices still going up but not the case in many other areas of America..
 Quoting: Anonymous Coward 78895062


In Kansas City, houses are going under contract after being on the market for 24 hours! It’s insane





GLP