\
  The most prestigious law school admissions discussion board in the world.
BackRefresh Options Favorite

Housing market is in the beginning of an epic crash 💥

Started noticing houses having multiple reductions in listin...
Bipolar Library Cuckold
  05/19/22
They didn't win. They will be paying double the interest on...
dull parlor gaping
  05/19/22
We are paying in cash up front
wonderful slate marketing idea
  05/19/22
Are u going to be a slumlord?
Overrated Carmine Station Mother
  05/19/22
If we buy a house we will turn my condo into an airbnb
wonderful slate marketing idea
  05/19/22
dont get too excited, those reductions are on a 40% over val...
brindle pungent field brethren
  05/20/22
...
dark concupiscible hospital indirect expression
  05/19/22
??? My asshole neighbor bought house for $600k in 2015 and j...
comical base
  05/19/22
He barely got it done. There is a delay; buyer prob locked i...
Bipolar Library Cuckold
  05/19/22
Is mortgage lender / refi shop a bad business to be in right...
comical base
  05/19/22
Of course, it's a volume business, people are going to cling...
thirsty appetizing police squad goal in life
  05/20/22
what do you do after that? if you're leaving the area for...
Clear codepig
  05/19/22
And the $1.4m might "crash" to $1.2m but at the en...
sooty tanning salon
  05/19/22
Interest rates are way too high. Saw a few sellers trying to...
Bipolar Library Cuckold
  05/19/22
Next door neighbor listed at $525 and sold at $610 with 30 o...
beady-eyed property jap
  05/19/22
That seems to be the last viable tactic. List way under and ...
Bipolar Library Cuckold
  05/19/22
But there were 30 bids. OP is overblown.
beady-eyed property jap
  05/19/22
houses in that range are still selling very quickly. Even ho...
trip bat shit crazy antidepressant drug stain
  05/19/22
It’s a nice but middle of the road suburb in flyover. ...
beady-eyed property jap
  05/19/22
lol. homes over $1m still going strong. people are still usi...
rose ratface garrison
  05/19/22
Op seems to be ignoring that rich chinese mofos will always ...
comical base
  05/19/22
please. Okay, homes aren't appreciating at 25% YOY but still...
Lemon corner love of her life
  05/19/22
So they're appreciating at the inflation rate. They're ther...
excitant amber school cafeteria pozpig
  05/19/22
Much better to invest money in stocks and lose 30% cash valu...
dull parlor gaping
  05/19/22
Eh, tell me why I care about appreciation being “only&...
shaky brunch
  05/22/22
You’re delusional. Asset prices are down 20% across th...
cream kink-friendly locale foreskin
  05/19/22
Not seeing it.
aphrodisiac self-centered friendly grandma
  05/19/22
The median price of an existing home sold in April was $391,...
Mint frum dilemma
  05/19/22
april sales based on 2.5% rates locked in in feb. wait two m...
electric address faggot firefighter
  05/19/22
as long as the rates don't go above 7%, smart millennials wi...
Mint frum dilemma
  05/19/22
lol @ smart and millennials in the same sentence
electric address faggot firefighter
  05/19/22
2.5% rates were gone by February.
dull parlor gaping
  05/19/22
not true. i locked in at 2.25% on feb 10th. deal fell though...
electric address faggot firefighter
  05/19/22
...
Ocher disrespectful mexican hunting ground
  05/19/22
Good. Can’t wait for dem lower property taxes.
flesh genital piercing feces
  05/19/22
Open borders + foreign cash buyers + BlackRock and inves...
Yapping business firm
  05/19/22
...
Cerise piazza gunner
  05/19/22
...
brindle pungent field brethren
  05/20/22
I was wondering how people could afford homes when interest ...
Provocative soggy half-breed
  05/19/22
I've noticed practically zero weakness in the real estate ma...
White Misanthropic Boistinker
  05/19/22
where?
Cruel-hearted effete giraffe
  05/19/22
Still selling for over asking in our area but it's taking a ...
Shivering sneaky criminal
  05/19/22
https://www.wsj.com/articles/more-subprime-borrowers-are-mis...
Crusty digit ratio
  05/19/22
...
dark concupiscible hospital indirect expression
  05/19/22
Who's still handing out subprime mortgages? Lmao
Boyish space ceo
  05/19/22
Banks who don't get ass fucked by regulators for being racis...
Cerebral kitchen degenerate
  05/22/22
This is not about housing. "Consumers with low credi...
sooty tanning salon
  05/19/22
exactly. this caused a crash last time because too many subp...
Pea-brained Double Fault Sound Barrier
  05/19/22
biggest sign of the peak are all the proles on https://www.r...
fiercely-loyal aqua electric furnace national
  05/19/22
why are redditors so poor?
motley slippery stage
  05/19/22
they are SO poor
tripping headpube chapel
  05/19/22
...
erotic narrow-minded sweet tailpipe senate
  05/19/22
...
Pea-brained Double Fault Sound Barrier
  05/19/22
Housing will be fine. You misspelled stock market.
territorial bonkers legal warrant trump supporter
  05/19/22
Oh no, now I won’t be able to live in my SFH for a mon...
Razzle sinister cruise ship fat ankles
  05/19/22
And job losses + the fed selling their MBS hasn’t even...
Ocher disrespectful mexican hunting ground
  05/19/22
To the extent there are still brisk sales, that is for the l...
Bipolar Library Cuckold
  05/19/22
He says hopefully. The fact that a huge portion of people p...
sooty tanning salon
  05/19/22
Dems helpfully support mainstream adoption of 40 year mortga...
Odious parlour wagecucks
  05/19/22
Very kind of them.
sooty tanning salon
  05/19/22
...
beady-eyed property jap
  05/19/22
outside of America, home ownership is the exception rather t...
Mint frum dilemma
  05/19/22
Kids live at their parents’ house in the US as well. ...
Odious parlour wagecucks
  05/19/22
They’ll point to japans 100 year mortgage and tell you...
Chest-beating Mildly Autistic Stead
  05/20/22
...
Cruel-hearted effete giraffe
  05/22/22
It's over
Free-loading godawful newt lay
  05/19/22
which market are you talking about? re is hyper local
180 startling hell factory reset button
  05/19/22
Yep. But also hard to avoid larger economic fundamentals...
Offensive Stag Film Mood
  05/19/22
Dow reference was solid prole tell.
Odious parlour wagecucks
  05/19/22
Even in my market, with an average sales price of $2.5M, man...
Offensive Stag Film Mood
  05/19/22
Maybe at high end. Most people buying <$1m houses are not...
Odious parlour wagecucks
  05/19/22
Yeah, it's all just regular proles saving their nickels unti...
Razzle sinister cruise ship fat ankles
  05/20/22
larger economic fundamentals are always a relevant input, bu...
180 startling hell factory reset button
  05/19/22
It’s over!!!!
Bipolar Library Cuckold
  05/19/22
(MAF nohousemo wishful thinking)
Blathering Plaza
  05/20/22
Harsh but fair
Bipolar Library Cuckold
  05/20/22
there’s a lot more working against a crash than for it...
seedy ebony lettuce
  05/20/22
If you own a home today and are moving and make a topping bi...
diverse bearded community account
  05/20/22
I live in an area on the west coast where, just 4 months ago...
Ocher disrespectful mexican hunting ground
  05/21/22
OP just wanted to let you know that my House went up in valu...
aphrodisiac self-centered friendly grandma
  05/22/22
The websites are doing that for web traffic. It’s all ...
Bipolar Library Cuckold
  05/22/22
👌
aphrodisiac self-centered friendly grandma
  05/22/22
I sure hope so. I want it to burn down hard af.
vivacious avocado state hairy legs
  05/22/22
Lots of posts about buyers backing out on r/RealEstate: h...
Ocher disrespectful mexican hunting ground
  05/22/22
good post -- seems like it's softening
180 startling hell factory reset button
  05/22/22
...
Bipolar Library Cuckold
  07/21/22
new thoughts?
dark concupiscible hospital indirect expression
  07/21/22
i'm anecdotally seeing more and more price cuts and more and...
electric address faggot firefighter
  07/21/22
The feeding frenzy is definitely over. Problem is there is s...
Bipolar Library Cuckold
  07/21/22
I kind of agree with this for my market. Inventory is defini...
chestnut dragon trailer park
  07/21/22
the u.s. housing market will never go down, let alone crash....
Abnormal site pistol
  07/21/22
Whoa cr. Explain tho
aphrodisiac self-centered friendly grandma
  07/21/22
...
Bipolar Library Cuckold
  10/25/22
i'm seeing a ton of price reductions in my once radioactivel...
khaki insecure circlehead principal's office
  10/25/22
17% of listings in Boise, ID have had price reductions in th...
judgmental adventurous patrolman
  10/25/22
...
Bipolar Library Cuckold
  05/04/23
Replace "Housing" with "Crypto" and OP w...
Spectacular Gaped Potus
  05/04/23
Wow totally crashing! https://www.cnbc.com/amp/2023/06/27...
vengeful exhilarant deer antler
  06/27/23
MODS! That's ImanageCat's house.
Cerebral kitchen degenerate
  08/03/23
nohousemos are FUCKED
Federal generalized bond
  06/27/23
OMG, can’t believe how much it has crashed!!! https...
vengeful exhilarant deer antler
  08/03/23
Is that supposed to mean something?
Disgusting Mauve Temple
  08/03/23
She posts weird shit like that
dark concupiscible hospital indirect expression
  08/03/23
...
Alabama Bangs
  12/10/25
OP was obviously overly dramatic but is increasingly looking...
spaceport2525
  12/10/25
there are no young people who want to drive 45 minutes to an...
Ozzie Canseco
  12/10/25
My asshole neighbor bought their house for 400k in 2008. ...
...,....,,........
  12/10/25


Poast new message in this thread



Reply Favorite

Date: May 19th, 2022 11:02 AM
Author: Bipolar Library Cuckold

Started noticing houses having multiple reductions in listing prices. Staying on market for weeks. Sellers are fucked. They missed the boat. To the XO pumos who were waiting the market out. Congrats you won.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44537991)



Reply Favorite

Date: May 19th, 2022 11:31 AM
Author: dull parlor gaping

They didn't win. They will be paying double the interest on mortgage payments, which overrides savings on the purchase price.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44538130)



Reply Favorite

Date: May 19th, 2022 11:43 AM
Author: wonderful slate marketing idea

We are paying in cash up front

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44538195)



Reply Favorite

Date: May 19th, 2022 2:48 PM
Author: Overrated Carmine Station Mother

Are u going to be a slumlord?

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44539366)



Reply Favorite

Date: May 19th, 2022 6:00 PM
Author: wonderful slate marketing idea

If we buy a house we will turn my condo into an airbnb

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44540453)



Reply Favorite

Date: May 20th, 2022 10:46 AM
Author: brindle pungent field brethren

dont get too excited, those reductions are on a 40% over valued amount

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44543638)



Reply Favorite

Date: May 19th, 2022 11:02 AM
Author: dark concupiscible hospital indirect expression



(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44537992)



Reply Favorite

Date: May 19th, 2022 11:03 AM
Author: comical base

??? My asshole neighbor bought house for $600k in 2015 and just sold it for $1.4 million

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44537996)



Reply Favorite

Date: May 19th, 2022 11:05 AM
Author: Bipolar Library Cuckold

He barely got it done. There is a delay; buyer prob locked in mortgage rate in March when market was still hot. It’s over now

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44538007)



Reply Favorite

Date: May 19th, 2022 11:10 AM
Author: comical base

Is mortgage lender / refi shop a bad business to be in right now?

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44538029)



Reply Favorite

Date: May 20th, 2022 9:19 AM
Author: thirsty appetizing police squad goal in life

Of course, it's a volume business, people are going to cling to their 2.5-3.5% mortgages forever now.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44543316)



Reply Favorite

Date: May 19th, 2022 11:27 AM
Author: Clear codepig

what do you do after that?

if you're leaving the area for a cheaper one, the answer is straightforward. but if you want a similar or nicer home in the same area, it's pretty hard to upgrade. your monthly payments could balloon significantly

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44538117)



Reply Favorite

Date: May 19th, 2022 11:48 AM
Author: sooty tanning salon

And the $1.4m might "crash" to $1.2m but at the end of the day, it'll be expensive as shit.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44538232)



Reply Favorite

Date: May 19th, 2022 11:04 AM
Author: Bipolar Library Cuckold

Interest rates are way too high. Saw a few sellers trying to market shitty ranch houses for way too much. Getting no bites now. Would have sold in a day 3 months ago. They waited too long!

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44538000)



Reply Favorite

Date: May 19th, 2022 11:04 AM
Author: beady-eyed property jap

Next door neighbor listed at $525 and sold at $610 with 30 offers in two days last weekend.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44538001)



Reply Favorite

Date: May 19th, 2022 11:06 AM
Author: Bipolar Library Cuckold

That seems to be the last viable tactic. List way under and see if you can confuse the buyer into making too large of a bid

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44538011)



Reply Favorite

Date: May 19th, 2022 11:11 AM
Author: beady-eyed property jap

But there were 30 bids. OP is overblown.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44538032)



Reply Favorite

Date: May 19th, 2022 1:47 PM
Author: trip bat shit crazy antidepressant drug stain

houses in that range are still selling very quickly. Even houses in the nicer part of my neighborhood listed up to around $1.3M only stay on the market for around 2 weeks.

The houses that start approaching $2M or above and have like 6 beds seem to be languishing on the market.

I don't see the demand changing much for modest 3-4 bed houses.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44539034)



Reply Favorite

Date: May 19th, 2022 2:53 PM
Author: beady-eyed property jap

It’s a nice but middle of the road suburb in flyover. Hoping you’re right about sales in this price range bc we’re going to be selling later this year but aren’t ready to yet.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44539387)



Reply Favorite

Date: May 19th, 2022 11:08 AM
Author: rose ratface garrison

lol. homes over $1m still going strong. people are still using stock money to pay for homes as cash.

now if the stock dips another 20%+, then people will start to feel they are selling stocks on the cheap. right now plenty of people are willing to trade stocks at these high prices for something like real estate

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44538019)



Reply Favorite

Date: May 19th, 2022 11:11 AM
Author: comical base

Op seems to be ignoring that rich chinese mofos will always need a place to park their ill-gotten cash. PE firms too.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44538035)



Reply Favorite

Date: May 19th, 2022 11:10 AM
Author: Lemon corner love of her life

please. Okay, homes aren't appreciating at 25% YOY but still like 10-12%.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44538026)



Reply Favorite

Date: May 19th, 2022 11:11 AM
Author: excitant amber school cafeteria pozpig

So they're appreciating at the inflation rate. They're therefore not appreciating at all, the dollars the value is denominated in are just worth less.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44538031)



Reply Favorite

Date: May 19th, 2022 11:33 AM
Author: dull parlor gaping

Much better to invest money in stocks and lose 30% cash value this year!

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44538135)



Reply Favorite

Date: May 22nd, 2022 9:36 AM
Author: shaky brunch

Eh, tell me why I care about appreciation being “only” 10% when my LTV is 80%?

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44553150)



Reply Favorite

Date: May 19th, 2022 6:43 PM
Author: cream kink-friendly locale foreskin

You’re delusional. Asset prices are down 20% across the board (except RE, yet). How do you think people finance purchases? What happens to demand when the prospective purchaser is 20% poorer?

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44540633)



Reply Favorite

Date: May 19th, 2022 11:11 AM
Author: aphrodisiac self-centered friendly grandma

Not seeing it.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44538034)



Reply Favorite

Date: May 19th, 2022 11:15 AM
Author: Mint frum dilemma

The median price of an existing home sold in April was $391,200, the highest on record and an increase of 14.8% from a year ago.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44538052)



Reply Favorite

Date: May 19th, 2022 11:21 AM
Author: electric address faggot firefighter

april sales based on 2.5% rates locked in in feb. wait two months.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44538085)



Reply Favorite

Date: May 19th, 2022 11:27 AM
Author: Mint frum dilemma

as long as the rates don't go above 7%, smart millennials will be buyers, provided the govt keeps the mortgage interest tax deductions

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44538118)



Reply Favorite

Date: May 19th, 2022 12:24 PM
Author: electric address faggot firefighter

lol @ smart and millennials in the same sentence

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44538426)



Reply Favorite

Date: May 19th, 2022 11:33 AM
Author: dull parlor gaping

2.5% rates were gone by February.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44538137)



Reply Favorite

Date: May 19th, 2022 12:25 PM
Author: electric address faggot firefighter

not true. i locked in at 2.25% on feb 10th. deal fell though, tho, fml.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44538427)



Reply Favorite

Date: May 19th, 2022 1:44 PM
Author: Ocher disrespectful mexican hunting ground



(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44539017)



Reply Favorite

Date: May 19th, 2022 11:18 AM
Author: flesh genital piercing feces

Good. Can’t wait for dem lower property taxes.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44538070)



Reply Favorite

Date: May 19th, 2022 11:23 AM
Author: Yapping business firm

Open borders +

foreign cash buyers +

BlackRock and investors buying up SFHs +

NIMBY restrictions on building +

labor shortage in the trades +

proles overextending themselves thinking they may never get on the property ladder =

I don’t think it’s coming back anytime soon

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44538095)



Reply Favorite

Date: May 19th, 2022 2:56 PM
Author: Cerise piazza gunner



(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44539401)



Reply Favorite

Date: May 20th, 2022 10:49 AM
Author: brindle pungent field brethren



(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44543662)



Reply Favorite

Date: May 19th, 2022 11:26 AM
Author: Provocative soggy half-breed

I was wondering how people could afford homes when interest rates were under 3%, but now that they are over 5%, a lot of these people can't even qualify to be house poor. Our loan officers are struggling bigly. We are laying off people left and right. Doesn't look good.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44538113)



Reply Favorite

Date: May 19th, 2022 11:28 AM
Author: White Misanthropic Boistinker

I've noticed practically zero weakness in the real estate market in the San Fernando Valley.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44538122)



Reply Favorite

Date: May 19th, 2022 11:34 AM
Author: Cruel-hearted effete giraffe

where?

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44538138)



Reply Favorite

Date: May 19th, 2022 11:34 AM
Author: Shivering sneaky criminal

Still selling for over asking in our area but it's taking a bit longer. They were going almost instantly.

I wonder if in a couple months the new starts will slow up making it a good chance to build (for a rental).

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44538144)



Reply Favorite

Date: May 19th, 2022 11:35 AM
Author: Crusty digit ratio

https://www.wsj.com/articles/more-subprime-borrowers-are-missing-loan-payments-11652952602

we're in for a crash

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44538147)



Reply Favorite

Date: May 19th, 2022 11:41 AM
Author: dark concupiscible hospital indirect expression



(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44538186)



Reply Favorite

Date: May 19th, 2022 11:46 AM
Author: Boyish space ceo

Who's still handing out subprime mortgages? Lmao

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44538211)



Reply Favorite

Date: May 22nd, 2022 9:13 AM
Author: Cerebral kitchen degenerate

Banks who don't get ass fucked by regulators for being racist. Not ame.

#1 cause of the 2008 crisis was the fedgov forcing banks to make shortly loans to minorities.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44553101)



Reply Favorite

Date: May 19th, 2022 11:49 AM
Author: sooty tanning salon

This is not about housing.

"Consumers with low credit scores are falling behind on payments for car loans, personal loans and credit cards, a sign that the healthiest consumer lending environment on record in the U.S. is coming to an end."

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44538237)



Reply Favorite

Date: May 19th, 2022 7:15 PM
Author: Pea-brained Double Fault Sound Barrier

exactly. this caused a crash last time because too many subprime borrowers got mortgages. is that still the case?

when the economy dips subprime people (i.e. people with no money that lose their jobs) are going to stop paying loans because they no longer have the money to pay them. shocking.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44540761)



Reply Favorite

Date: May 19th, 2022 11:45 AM
Author: fiercely-loyal aqua electric furnace national

biggest sign of the peak are all the proles on https://www.reddit.com/r/FirstTimeHomeBuyer/

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44538206)



Reply Favorite

Date: May 19th, 2022 12:04 PM
Author: motley slippery stage

why are redditors so poor?

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44538310)



Reply Favorite

Date: May 19th, 2022 12:09 PM
Author: tripping headpube chapel

they are SO poor

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44538337)



Reply Favorite

Date: May 19th, 2022 1:46 PM
Author: erotic narrow-minded sweet tailpipe senate



(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44539031)



Reply Favorite

Date: May 19th, 2022 7:15 PM
Author: Pea-brained Double Fault Sound Barrier



(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44540762)



Reply Favorite

Date: May 19th, 2022 12:10 PM
Author: territorial bonkers legal warrant trump supporter

Housing will be fine. You misspelled stock market.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44538344)



Reply Favorite

Date: May 19th, 2022 12:14 PM
Author: Razzle sinister cruise ship fat ankles

Oh no, now I won’t be able to live in my SFH for a monthly payment less than urban hellhole rent locked in for 30 years at an interest rate far below inflation with tax benefits. And the mark-to-market losses on Zillow will make me cry!

I wish I could be a gloomy contrarian who owns nothing instead!

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44538358)



Reply Favorite

Date: May 19th, 2022 1:42 PM
Author: Ocher disrespectful mexican hunting ground

And job losses + the fed selling their MBS hasn’t even started yet. Lol.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44539008)



Reply Favorite

Date: May 19th, 2022 2:43 PM
Author: Bipolar Library Cuckold

To the extent there are still brisk sales, that is for the last couple fools who are buying right before the collapse. These morons had 2 years to buy. It’s over. You’ve been warned. Great collapse is coming!

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44539339)



Reply Favorite

Date: May 19th, 2022 3:28 PM
Author: sooty tanning salon

He says hopefully. The fact that a huge portion of people predicting a housing crash are people desperate to buy a house is the exact reason there won't be a real crash.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44539573)



Reply Favorite

Date: May 19th, 2022 3:30 PM
Author: Odious parlour wagecucks

Dems helpfully support mainstream adoption of 40 year mortgage to help needy young couples have a shot at the American dream

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44539590)



Reply Favorite

Date: May 19th, 2022 3:41 PM
Author: sooty tanning salon

Very kind of them.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44539644)



Reply Favorite

Date: May 19th, 2022 6:54 PM
Author: beady-eyed property jap



(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44540676)



Reply Favorite

Date: May 19th, 2022 6:59 PM
Author: Mint frum dilemma

outside of America, home ownership is the exception rather than the rule; in Europe, even well off children with jobs live with their parents; Americans are spoiled brats

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44540694)



Reply Favorite

Date: May 19th, 2022 7:07 PM
Author: Odious parlour wagecucks

Kids live at their parents’ house in the US as well.

My point of course was that well intentioned dems still have a move to keep inflating home prices and further encumbering their constituents. It’s like what we do with student loans.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44540733)



Reply Favorite

Date: May 20th, 2022 9:26 AM
Author: Chest-beating Mildly Autistic Stead

They’ll point to japans 100 year mortgage and tell you 40 is nbd

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44543341)



Reply Favorite

Date: May 22nd, 2022 9:44 AM
Author: Cruel-hearted effete giraffe



(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44553173)



Reply Favorite

Date: May 19th, 2022 7:01 PM
Author: Free-loading godawful newt lay

It's over

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44540707)



Reply Favorite

Date: May 19th, 2022 7:03 PM
Author: 180 startling hell factory reset button

which market are you talking about? re is hyper local

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44540718)



Reply Favorite

Date: May 19th, 2022 7:06 PM
Author: Offensive Stag Film Mood

Yep.

But also hard to avoid larger economic fundamentals.

Higher rates + inflation + crashing dow/S&P means fewer dollars chasing after real estate. Even in expensive markets many people fund purchases with stock market gains.

We shall see!

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44540731)



Reply Favorite

Date: May 19th, 2022 7:09 PM
Author: Odious parlour wagecucks

Dow reference was solid prole tell.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44540737)



Reply Favorite

Date: May 19th, 2022 7:10 PM
Author: Offensive Stag Film Mood

Even in my market, with an average sales price of $2.5M, many fund RE by cashing out gains.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44540747)



Reply Favorite

Date: May 19th, 2022 7:13 PM
Author: Odious parlour wagecucks

Maybe at high end. Most people buying <$1m houses are not funding with taxable brokerage accounts.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44540758)



Reply Favorite

Date: May 20th, 2022 12:01 AM
Author: Razzle sinister cruise ship fat ankles

Yeah, it's all just regular proles saving their nickels until they have $200k.

Everyone buying an adequate house in a good town (i.e. $600k+) without parental support is funding down payment and closing costs from stock/crypto gains. You could have bought literally any risk asset including imaginary fraud internet money, stock of bad companies in dying industries, and Pokemon cards at any point from 2009-2022 and made gains. Not everyone is a risk-averse retard stuffing their mattress.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44542361)



Reply Favorite

Date: May 19th, 2022 7:13 PM
Author: 180 startling hell factory reset button

larger economic fundamentals are always a relevant input, but they are not dispositive of price on a local market basis. agree with everything you're saying conceptually, but it doesn't help anyone decide whether they should buy in a given city or neighborhood or block rn

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44540754)



Reply Favorite

Date: May 19th, 2022 11:55 PM
Author: Bipolar Library Cuckold

It’s over!!!!

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44542326)



Reply Favorite

Date: May 20th, 2022 9:42 AM
Author: Blathering Plaza

(MAF nohousemo wishful thinking)

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44543373)



Reply Favorite

Date: May 20th, 2022 10:20 AM
Author: Bipolar Library Cuckold

Harsh but fair

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44543544)



Reply Favorite

Date: May 20th, 2022 9:49 AM
Author: seedy ebony lettuce

there’s a lot more working against a crash than for it

structural shortage of supply, massive equity in homes such that even people facing foreclosure are not in the red, continuing inflation, etc

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44543398)



Reply Favorite

Date: May 20th, 2022 10:55 AM
Author: diverse bearded community account

If you own a home today and are moving and make a topping bid offer on a new home, then can move to sell your old house, aren't you asking for a lot of risk given the shaky ground?

You own two homes at the top of the market have have to sell one

If you already sold, then you are sitting pretty and maybe indifferent--that group could be the last gasp buyers out there.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44543692)



Reply Favorite

Date: May 21st, 2022 4:33 PM
Author: Ocher disrespectful mexican hunting ground

I live in an area on the west coast where, just 4 months ago, sellers were getting dozens of offers and houses were consistently selling for $200k over asking.

Now I’m watching several listings around me that have price reductions. In one case, they’ve made two significant price reductions in the last three weeks. And we’re just getting started 😎

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44550542)



Reply Favorite

Date: May 22nd, 2022 9:06 AM
Author: aphrodisiac self-centered friendly grandma

OP just wanted to let you know that my House went up in value again today. 💸

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44553096)



Reply Favorite

Date: May 22nd, 2022 9:41 AM
Author: Bipolar Library Cuckold

The websites are doing that for web traffic. It’s all illusory

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44553162)



Reply Favorite

Date: May 22nd, 2022 9:45 AM
Author: aphrodisiac self-centered friendly grandma

👌

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44553178)



Reply Favorite

Date: May 22nd, 2022 9:54 AM
Author: vivacious avocado state hairy legs

I sure hope so. I want it to burn down hard af.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44553202)



Reply Favorite

Date: May 22nd, 2022 1:26 PM
Author: Ocher disrespectful mexican hunting ground

Lots of posts about buyers backing out on r/RealEstate:

https://www.reddit.com/r/RealEstate/comments/uv0rcc/house_buyer_is_having_buyers_remorse_because_of

https://www.reddit.com/r/RealEstate/comments/uss4bl/buyer_backing_out_8_days_before_closing

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44554006)



Reply Favorite

Date: May 22nd, 2022 1:27 PM
Author: 180 startling hell factory reset button

good post -- seems like it's softening

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44554017)



Reply Favorite

Date: July 21st, 2022 1:29 PM
Author: Bipolar Library Cuckold



(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44888643)



Reply Favorite

Date: July 21st, 2022 1:30 PM
Author: dark concupiscible hospital indirect expression

new thoughts?

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44888649)



Reply Favorite

Date: July 21st, 2022 1:31 PM
Author: electric address faggot firefighter

i'm anecdotally seeing more and more price cuts and more and more shit sit on the market longer

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44888656)



Reply Favorite

Date: July 21st, 2022 1:32 PM
Author: Bipolar Library Cuckold

The feeding frenzy is definitely over. Problem is there is still plenty of buyers (2-3 offers versus 50-60). So homes are still selling. Middle class is done. Feels like there is maybe another 3 months through summer of an ability to sell at list and then a huge crash.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44888667)



Reply Favorite

Date: July 21st, 2022 1:37 PM
Author: chestnut dragon trailer park

I kind of agree with this for my market. Inventory is definitely increasing. Not sure about offers. My sense is that a lot of sellers are eager to get out of their houses now and buyers are more cautious.

At this point the market isn’t just people looking for a single family home. It’s a lot of players with money that are looking for non-primary residence single family homes who can jump in and out whenever they want.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44888698)



Reply Favorite

Date: July 21st, 2022 1:31 PM
Author: Abnormal site pistol

the u.s. housing market will never go down, let alone crash. never. take that to the bank

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44888659)



Reply Favorite

Date: July 21st, 2022 1:39 PM
Author: aphrodisiac self-centered friendly grandma

Whoa cr. Explain tho

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44888722)



Reply Favorite

Date: October 25th, 2022 9:41 AM
Author: Bipolar Library Cuckold



(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#45386128)



Reply Favorite

Date: October 25th, 2022 9:45 AM
Author: khaki insecure circlehead principal's office

i'm seeing a ton of price reductions in my once radioactively hot local market. nothing significant, but it's a good sign.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#45386148)



Reply Favorite

Date: October 25th, 2022 9:52 AM
Author: judgmental adventurous patrolman

17% of listings in Boise, ID have had price reductions in the last week. 15.5% in Austin. Compare that to a more stable housing market (Chicago), where only 9% of homes have seen a reduction in asking price in the last week. The ship is turning, but it will take a while for significant price drops to happen. Come back next year for an update.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#45386172)



Reply Favorite

Date: May 4th, 2023 3:06 PM
Author: Bipolar Library Cuckold



(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#46270260)



Reply Favorite

Date: May 4th, 2023 3:07 PM
Author: Spectacular Gaped Potus

Replace "Housing" with "Crypto" and OP was spot on!!!

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#46270264)



Reply Favorite

Date: June 27th, 2023 11:28 AM
Author: vengeful exhilarant deer antler

Wow totally crashing!

https://www.cnbc.com/amp/2023/06/27/home-prices-rose-for-third-straight-month-in-april-sp-case-shiller.html

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#46479253)



Reply Favorite

Date: August 3rd, 2023 10:20 PM
Author: Cerebral kitchen degenerate

MODS!

That's ImanageCat's house.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#46627566)



Reply Favorite

Date: June 27th, 2023 11:29 AM
Author: Federal generalized bond

nohousemos are FUCKED

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#46479256)



Reply Favorite

Date: August 3rd, 2023 10:19 PM
Author: vengeful exhilarant deer antler

OMG, can’t believe how much it has crashed!!!

https://redf.in/IpKgJA

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#46627561)



Reply Favorite

Date: August 3rd, 2023 10:34 PM
Author: Disgusting Mauve Temple

Is that supposed to mean something?

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#46627602)



Reply Favorite

Date: August 3rd, 2023 10:48 PM
Author: dark concupiscible hospital indirect expression

She posts weird shit like that

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#46627641)



Reply Favorite

Date: December 10th, 2025 1:59 PM
Author: Alabama Bangs



(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#49499747)



Reply Favorite

Date: December 10th, 2025 2:00 PM
Author: spaceport2525

OP was obviously overly dramatic but is increasingly looking like prices could just go sideways for a pretty long time. At some point the population pyramid becomes inevitable

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#49499760)



Reply Favorite

Date: December 10th, 2025 2:02 PM
Author: Ozzie Canseco

there are no young people who want to drive 45 minutes to and from a city every day to finance a 1mm dollar+ house to work a horseshit job that they barely got in the first place.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#49499764)



Reply Favorite

Date: December 10th, 2025 2:02 PM
Author: ...,....,,........

My asshole neighbor bought their house for 400k in 2008.

They tried listing it for $950k, lol!

It's been on the market for almost a year. They've already had to drop the price twice.

The house is beautiful, but nobody in this fucking subdivision has paid north of $600k for any house over here.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#49499766)