Domain: tiger-web1.srvr.media3.us Too Late Screwed Us Again! | Page 11 | Political Talk
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re: Too Late Screwed Us Again!

Posted on 7/31/25 at 6:53 am to
Posted by bluedragon
Birmingham
Member since May 2020
9184 posts
Posted on 7/31/25 at 6:53 am to
Why would prices fall?

You’ve got the two confused.

Next we know, you’ll be putting people in houses they can’t afford. Unprepared for increased value, increased insurance rates and increased property taxes.

Posted by AGGIES
Member since Jul 2021
11444 posts
Posted on 7/31/25 at 6:53 am to
quote:

do you not care about payments on the national debt?


You could just buy some treasury bills and profit off of the interest rates
Posted by UncleFestersLegs
Member since Nov 2010
16860 posts
Posted on 7/31/25 at 6:55 am to
quote:

Next we know, you’ll be putting people in houses they can’t afford. Unprepared for increased value, increased insurance rates and increased property taxes.
I'd argue lower rates would do that faster than leaving them alone
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
471149 posts
Posted on 7/31/25 at 6:57 am to
quote:

Why would prices fall?

Housing is too expensive.

When goods are overpriced and sales slow, the natural market reaction is for prices to decrease.

Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
471149 posts
Posted on 7/31/25 at 7:00 am to
quote:

I'd argue lower rates would do that faster than leaving them alone

You'd be correct

That is the underlying fear a lot of these people have, IMHO. People bought way over-priced housing they couldn't afford due to the low-rate environment (especially post-Covid) and they can't afford those accoutrements that come with home ownership. But they can't sell b/c they're upside down.

And those are the people with low rates. Imagine those who bought the over-priced housing with higher rates
Posted by AGGIES
Member since Jul 2021
11444 posts
Posted on 7/31/25 at 7:08 am to
Pertaining to housing prices, Wall Street investment firms such as Blackstone are buying up a lot of the housing inventory. That is keeping prices high, and rents high. It’s an artificially high percentage of transactions that are being made for rental purposes, not primary ownership.
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
471149 posts
Posted on 7/31/25 at 7:12 am to
quote:

Wall Street investment firms such as Blackstone are buying up

2023 wants is meme back

Or, and I hope I don't summon a demon...

wut
Posted by AGGIES
Member since Jul 2021
11444 posts
Posted on 7/31/25 at 7:19 am to
I don’t know what that lingo means…

I take it you don’t think that Blackstone is still buying real estate?
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
471149 posts
Posted on 7/31/25 at 7:27 am to
quote:

I take it you don’t think that Blackstone is still buying real estate?


LINK

quote:

The big picture: Nationally, the total number of home sales to institutional investors in Q1 fell to its lowest rate since 2020


They don't want to buy over-priced RE, either. If there is a decrease in pricing, many funds and institutional investors are going to be in a world of hurt. That was always the market correction to their over-represented presence in the market. They are a scary boogeyman...when prices are only going up. When prices go down, they suffer the biggest losses.
Posted by AGGIES
Member since Jul 2021
11444 posts
Posted on 7/31/25 at 7:46 am to
OK, the numbers might be coming down in 2025. Fair point. I know they were pretty high in 2024.

I’m just talking about supply and demand and if you’ve got less supply than the prices will be inflated.
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
471149 posts
Posted on 7/31/25 at 7:52 am to
quote:

OK, the numbers might be coming down in 2025. Fair point. I know they were pretty high in 2024.

I’m just talking about supply and demand and if you’ve got less supply than the prices will be inflated.


They're not holding onto these properties. They're increasing supply of them on the market.

Investors Are Selling a Record Share of Homes To Cut Their Losses

quote:

In 2024, just under 11% of all homes sold in the U.S. came from real estate investors, the highest share in the data's history going back to 2001, according to the latest Realtor.com® Investor Report released on Tuesday. The median sale amount for investor properties was about $330,000.

Investor home sales ticked up by 5.2% year over year in 2024, outpacing the increase in investor buyer activity.


quote:

"The reason behind investor sales has shifted since the [COVID-19] pandemic heyday," says Realtor.com senior economic research analyst Hannah Jones. "Investors may no longer be selling to cash in on soaring home values, but rather due to market softening and easing rents."

Simply put, investors who own rental properties saw rent prices begin to slip, and they sprang into action to cut their losses.
Posted by AGGIES
Member since Jul 2021
11444 posts
Posted on 7/31/25 at 8:28 am to
OK, I had seen the 2024 number quoted in the 20% range. That’s quite a Delta there. But I digress…

Back to the OP, it seems a little odd that the fed is being scapegoated when the economy is seemingly healthy. Somethings off there
Posted by Violent Hip Swivel
Member since Aug 2023
8989 posts
Posted on 7/31/25 at 8:39 am to
quote:

Naw people just want more house than they can afford.



Every woman under the age of 45 these days has to have a giant kitchen with at least one center island, vaulted ceilings, a bedroom-sized bathroom and a two-car garage, minimum.
Posted by dgnx6
Member since Feb 2006
87435 posts
Posted on 7/31/25 at 8:52 am to
Posted by Seldom Seen
Member since Feb 2016
48737 posts
Posted on 7/31/25 at 9:58 am to
Posted by bluedragon
Birmingham
Member since May 2020
9184 posts
Posted on 7/31/25 at 10:36 am to
The housing market is affected by multiple local and national factors. The high side come down naturally.

When Florida suffered by the hands of the Democrats insanity. Those multi million dollar prices eventually fell. This is not the first rodeo created by the socialists.

Why is it always an idiot with a “D” that create the problem?

The secret? Remove anything created by the fools sitting in Washington DC. Stupidity supposedly created by Ivy League Educators is America’s greatest problem. I’ve reached the point where the moment you tell me a person was educated at Harvard, Yale, Columbia or my favorite MIT…..I start looking for problems I’ve got solve.

They keep me employed.
Posted by Jdash13
Gonzales
Member since Jan 2023
813 posts
Posted on 7/31/25 at 11:06 am to
because the haves and have-nots shouldn't be decided on when you got your mortgage, if you have a post Biden inflation rate its way hard to make it versus the same person in the same house in the same neighborhood. I had to move from Houston to Baton rouge for a job promotion post rate and price explosion. My neighbor bought 13 months before me and has a 2.8% rate and paid 45K less than me. So it makes it my house with a 5.9% rate and 45K more makes the same house in the same neighborhood exponentially more expensive. SO that's why, Americans were penalized because the government printed trillions and had to raise rates. So that's why. I shouldn't be 65-80% more cause of when i bought .
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
471149 posts
Posted on 7/31/25 at 11:39 am to
I imagine you would definitely not like my solution, given the data you just said.

But at least you were honest.
Posted by Jdash13
Gonzales
Member since Jan 2023
813 posts
Posted on 7/31/25 at 11:50 am to
quote:

I imagine you would definitely not like my solution, given the data you just said.
But at least you were honest.


facts are i worked hard got promoted with a sizeable raise, was forced to downsize cause i couldn't afford the same size house i had prior, so i was forced into the situation by my success and the government and central banks failures and people wonder why i have no faith in the system at any level , and then pricks like you want to look down from your ivory tower to tell me tough luck and my solution also sucks for you and i know you won't like it but oh well. To live in that sate of superiority is wild.
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
471149 posts
Posted on 7/31/25 at 11:52 am to
quote:

so i was forced into the situation by my success and the government and central banks failures

Well and the market making you think the house was worth what it was.

I get what you're saying, but you're in the population most at risk of facing the biggest issues (devalued, upside down property at 6%+ interest), which is why I said you would definitely not like my solution (lower prices).
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