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Will REAL ESTATE value collapse first or the DOLLAR ? Wait to buy house or buy now?

 
Anonymous Coward
User ID: 78534097
United States
08/10/2020 04:27 PM
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Will REAL ESTATE value collapse first or the DOLLAR ? Wait to buy house or buy now?
We can get a house , but unfortunately we are limited to pretty much Mexico and the USA. I want to get my money into a real asset Incase the dollar falls.
Moses Born Again in L.A.

User ID: 72746445
United States
08/10/2020 04:34 PM
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Re: Will REAL ESTATE value collapse first or the DOLLAR ? Wait to buy house or buy now?
FIREFIRE1
Moses Born Again
Anonymous Coward
User ID: 78146241
United States
08/10/2020 04:38 PM
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Re: Will REAL ESTATE value collapse first or the DOLLAR ? Wait to buy house or buy now?
Buy now hyper inflation
Home prices will go up.
Anonymous Coward
User ID: 77192571
United States
08/10/2020 04:38 PM
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Re: Will REAL ESTATE value collapse first or the DOLLAR ? Wait to buy house or buy now?
If Mexico is more politically stable than the US I'd go there.

The situation is changing weekly.
Sam
User ID: 77995022
United States
08/10/2020 04:39 PM
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Re: Will REAL ESTATE value collapse first or the DOLLAR ? Wait to buy house or buy now?
The prices will drop and the banks will refuse to loan and buy up physical assets with worthless money. May try to foreclose on paying owners as well. Just like 2008. The goal is to own everything on this planet. We will be herded into dense tiny apartments later-Agenda 2030.
Anonymous Coward
User ID: 77957449
United States
08/10/2020 04:46 PM
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Re: Will REAL ESTATE value collapse first or the DOLLAR ? Wait to buy house or buy now?
I would never invest in Mexico with the constant risk of Cartels and criminals. If you want an investment then buy land in the country which will always be cheaper than the suburbs or the city. Get a decent farmhouse and a few acres. Then you can even grow food and maybe some livestock and have even more security from your investment while you hold it. If you hold the land long enough their will be eventual development and chance for big returns as well.
Anonymous Coward (OP)
User ID: 78534097
United States
08/10/2020 04:48 PM
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Re: Will REAL ESTATE value collapse first or the DOLLAR ? Wait to buy house or buy now?
If Mexico is more politically stable than the US I'd go there.

The situation is changing weekly.
 Quoting: Anonymous Coward 77192571


Mexico is way more stable right now , we have been here for a year now.

We were considering coming back up to the high mountains , but it just keeps getting worse , and if we are actually in project zypher I sure don’t want to be up there. We don’t know how far they will take this , will the people fight back, will there be a place/state for freedom and liberty lovers?
Anonymous Coward
User ID: 79221774
United States
08/10/2020 04:54 PM
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Re: Will REAL ESTATE value collapse first or the DOLLAR ? Wait to buy house or buy now?
Roughly 12-18months after economic subsidies (unemployment type assistance, forbearance, moratoriums, etc) end, real estate prices will drop.

Do your best to preserve and grow your capital until then. Mortgage rates will be even lower at then, but qualifying may be more difficult. Try to buy in cash if possible....a cheaper house in a better neighborhood if you are not looking in a rural area.
Anonymous Coward (OP)
User ID: 78534097
United States
08/10/2020 04:54 PM
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Re: Will REAL ESTATE value collapse first or the DOLLAR ? Wait to buy house or buy now?
I would never invest in Mexico with the constant risk of Cartels and criminals. If you want an investment then buy land in the country which will always be cheaper than the suburbs or the city. Get a decent farmhouse and a few acres. Then you can even grow food and maybe some livestock and have even more security from your investment while you hold it. If you hold the land long enough their will be eventual development and chance for big returns as well.
 Quoting: Anonymous Coward 77957449


We don’t have any issue with cartels here .

What country?
Anonymous Coward (OP)
User ID: 78534097
United States
08/10/2020 04:56 PM
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Re: Will REAL ESTATE value collapse first or the DOLLAR ? Wait to buy house or buy now?
Roughly 12-18months after economic subsidies (unemployment type assistance, forbearance, moratoriums, etc) end, real estate prices will drop.

Do your best to preserve and grow your capital until then. Mortgage rates will be even lower at then, but qualifying may be more difficult. Try to buy in cash if possible....a cheaper house in a better neighborhood if you are not looking in a rural area.
 Quoting: Anonymous Coward 79221774


Don’t need a loan , but I would consider it because if the dollar collapses your loan stays the same and you can get your house for way way way less.
Anonymous Coward (OP)
User ID: 78534097
United States
08/10/2020 05:04 PM
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Re: Will REAL ESTATE value collapse first or the DOLLAR ? Wait to buy house or buy now?
Roughly 12-18months after economic subsidies (unemployment type assistance, forbearance, moratoriums, etc) end, real estate prices will drop.

Do your best to preserve and grow your capital until then. Mortgage rates will be even lower at then, but qualifying may be more difficult. Try to buy in cash if possible....a cheaper house in a better neighborhood if you are not looking in a rural area.
 Quoting: Anonymous Coward 79221774


Don’t need a loan , but I would consider it because if the dollar collapses your loan stays the same and you can get your house for way way way less.
 Quoting: Anonymous Coward 78534097


bump
Anonymous Coward
User ID: 75830569
United States
08/10/2020 05:15 PM
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Re: Will REAL ESTATE value collapse first or the DOLLAR ? Wait to buy house or buy now?
Hello? Anyone i need tips and advice. Buy now or cry later?
Anonymous Coward
User ID: 79171998
Mexico
08/10/2020 05:24 PM
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Re: Will REAL ESTATE value collapse first or the DOLLAR ? Wait to buy house or buy now?
Hello? Anyone i need tips and advice. Buy now or cry later?
 Quoting: Anonymous Coward 75830569


Just trying to gather all info and ideas I can so I can weigh my decisions.
Anonymous Coward
User ID: 79075757
08/10/2020 05:25 PM
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Re: Will REAL ESTATE value collapse first or the DOLLAR ? Wait to buy house or buy now?
When the Dollar fails, so will the Housing Market.
Anonymous Coward
User ID: 79221774
United States
08/10/2020 05:30 PM
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Re: Will REAL ESTATE value collapse first or the DOLLAR ? Wait to buy house or buy now?
Roughly 12-18months after economic subsidies (unemployment type assistance, forbearance, moratoriums, etc) end, real estate prices will drop.

Do your best to preserve and grow your capital until then. Mortgage rates will be even lower at then, but qualifying may be more difficult. Try to buy in cash if possible....a cheaper house in a better neighborhood if you are not looking in a rural area.
 Quoting: Anonymous Coward 79221774


Don’t need a loan , but I would consider it because if the dollar collapses your loan stays the same and you can get your house for way way way less.
 Quoting: Anonymous Coward 78534097


Correct
Anonymous Coward
User ID: 79221774
United States
08/10/2020 05:33 PM
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Re: Will REAL ESTATE value collapse first or the DOLLAR ? Wait to buy house or buy now?
When the Dollar fails, so will the Housing Market.
 Quoting: Anonymous Coward 79075757


The dollar has already fallen. It's been falling since it's inception and will continue to long term. The effects the dramatic devaluation that has recently occured have just not trickled down visibly yet.
Anonymous Coward
User ID: 79075757
08/10/2020 05:34 PM
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Re: Will REAL ESTATE value collapse first or the DOLLAR ? Wait to buy house or buy now?
When the Dollar fails, so will the Housing Market.
 Quoting: Anonymous Coward 79075757


The dollar has already fallen. It's been falling since it's inception and will continue to long term. The effects the dramatic devaluation that has recently occured have just not trickled down visibly yet.
 Quoting: Anonymous Coward 79221774


I see it, seen it since 1971
Anonymous Coward
User ID: 74624452
United States
08/10/2020 05:56 PM
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Re: Will REAL ESTATE value collapse first or the DOLLAR ? Wait to buy house or buy now?
The prices will drop and the banks will refuse to loan and buy up physical assets with worthless money. May try to foreclose on paying owners as well. Just like 2008. The goal is to own everything on this planet. We will be herded into dense tiny apartments later-Agenda 2030.
 Quoting: Sam 77995022


How could they foreclose on ‘paying owners’ come on. What are your talking about
Anonymous Coward
User ID: 73188307
United States
08/10/2020 06:30 PM
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Re: Will REAL ESTATE value collapse first or the DOLLAR ? Wait to buy house or buy now?
If Mexico is more politically stable than the US I'd go there.

The situation is changing weekly.
 Quoting: Anonymous Coward 77192571


Mexico is way more stable right now , we have been here for a year now.

We were considering coming back up to the high mountains , but it just keeps getting worse , and if we are actually in project zypher I sure don’t want to be up there. We don’t know how far they will take this , will the people fight back, will there be a place/state for freedom and liberty lovers?
 Quoting: Anonymous Coward 78534097


What I learned when I lived in Mexico for several years....
police/Mafia = same
Pabamus V

User ID: 76917062
United States
08/10/2020 06:32 PM
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Re: Will REAL ESTATE value collapse first or the DOLLAR ? Wait to buy house or buy now?
I'm in the business...wait

You'll have great deals soon, maybe as early as next year. Start saving as many banks might want 20% down min regardless of use.
I don’t care about your pronouns.
Anonymous Coward
User ID: 79253470
United States
08/11/2020 09:11 AM
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Re: Will REAL ESTATE value collapse first or the DOLLAR ? Wait to buy house or buy now?
I'm in the business...wait

You'll have great deals soon, maybe as early as next year. Start saving as many banks might want 20% down min regardless of use.
 Quoting: Pabamus V


Before the dollar takes a shit?





GLP