Deflation in Housing Prices Heading to Us

[PalmettoTiger1]

The wealth effect has pushed housing to unsustainable levels and cost of living is out stripping salaries

The corporate shell game is about to end

All of the leverage of buying houses with smoke and mirrors wealth is ending

There is going to be a fire sale on these corporations as they shed all the hard assets for cash

That is my take and just an opinion

My friends in the business we guys do talk and this is not just my opinion but a collective b group of people seeing the damage being done to the economy and the consequences

As Democrats say never let a crisis go to waste

Even if they are ones who caused it

And Democrats and Brandon get 100 per cent credit for the MESS

 

[DW4_2016]

The wealth effect has pushed housing to unsustainable levels and cost of living is out stripping salaries

The corporate shell game is about to end

All of the leverage of buying houses with smoke and mirrors wealth is ending

There is going to be a fire sale on these corporations as they shed all the hard assets for cash

That is my take and just an opinion

My friends in the business we guys do talk and this is not just my opinion but a collective b group of people seeing the damage being done to the economy and the consequences

As Democrats say never let a crisis go to waste

Even if they are ones who caused it

And Democrats and Brandon get 100 per cent credit for the MESS

Housing hasn’t been overinflated until just now when Biden took office. Any moron could see that.

 

[other1]

The wealth effect has pushed housing to unsustainable levels and cost of living is out stripping salaries

The corporate shell game is about to end

All of the leverage of buying houses with smoke and mirrors wealth is ending

There is going to be a fire sale on these corporations as they shed all the hard assets for cash

That is my take and just an opinion

My friends in the business we guys do talk and this is not just my opinion but a collective b group of people seeing the damage being done to the economy and the consequences

As Democrats say never let a crisis go to waste

Even if they are ones who caused it

And Democrats and Brandon get 100 per cent credit for the MESS

You're just shooting from the hip.

 

[TigerGrowls]

The wealth effect has pushed housing to unsustainable levels and cost of living is out stripping salaries

The corporate shell game is about to end

All of the leverage of buying houses with smoke and mirrors wealth is ending

There is going to be a fire sale on these corporations as they shed all the hard assets for cash

That is my take and just an opinion

My friends in the business we guys do talk and this is not just my opinion but a collective b group of people seeing the damage being done to the economy and the consequences

As Democrats say never let a crisis go to waste

Even if they are ones who caused it

And Democrats and Brandon get 100 per cent credit for the MESS

Do you see the corporations that have been buying houses and renting them continue this practice or not?

 

[97ClemsonMac]

There is about to be a severe housing crisis in this country. Builders are about to come to a screeching halt on constructing more homes because people can't afford them and the constructers, in turn, cannot afford to buy the materials to construct and they are also having massive issues finding the materials they need due to the supply chain issues that are ongoing. I predict home values will eventually take a nose dive the likes of which we have never seen before and it will leave a lot of people losing a lot of money when they decide to sell

 

[PalmettoTiger1]

Do you see the corporations that have been buying houses and renting them continue this practice or not?

When you have loads of unrealized equity in stocks and such and then you leverage that for more hard assets that generate income you are totally OK as long as that income stream continues

my friends are telling me expect heavy layoffs which mean not able to pay the rent which will result in many scrambling back to mom and dad or sharing housing to survive

with this scenario you are going to see asset values fall which causes a debt to equity realignment. Which will put pressure on banks and equity providers such as insurance companies who are flush with cash to start pulling loans

I expect a huge catastrophe if Biden does not go back to Trump policies

The next few months will be horrendous for the average American and that includes me

 

[PalmettoTiger1]

There is about to be a severe housing crisis in this country. Builders are about to come to a screeching halt on constructing more homes because people can't afford them and the constructers, in turn, cannot afford to buy the materials to construct and they are also having massive issues finding the materials they need due to the supply chain issues that are ongoing. I predict home values will eventually take a nose dive the likes of which we have never seen before and it will leave a lot of people losing a lot of money when they decide to sell

I would totally agree with this post as numerous financial people are telling me the same thing

my families have sold all real estate at hugely inflated prices and if I had a second house I would sell the one I live in now as it is so inflated that it is crazy

 

[PalmettoTiger1]

You're just shooting from the hip.

An informed hip

 

[PalmettoTiger1]

Housing hasn’t been overinflated until just now when Biden took office. Any moron could see that.

You may not have experienced the S&L debacle back in the last century but I certainly did

If you did then you would appreciate short sales where overvalued houses were on sale by banks for whatever someone would pay

corporations are that time would buy bundles of house sometimes 100’s for a small per cent on the hoof

in some cases we would buy the house tear it down and rebuild as the house was worthless but the lot had location value

saw that a lot using the bulldozer for remodeling

Look up what happened to Freddie Mac and Fannie Mae and read up on bank short sales

that will tell you all you need to know

History repeats itself to those who fail to study it and learn from it

 

[97ClemsonMac]

I would totally agree with this post as numerous financial people are telling me the same thing

my families have sold all real estate at hugely inflated prices and if I had a second house I would sell the one I live in now as it is so inflated that it is crazy

I too work in finance/accounting and can assure you that this is the general opinion, some are saying that 2008 will look like a joke when we get through this one. I'm not going that far yet, but anything can happen.

And I myself am looking to become a first time home buyer, nothing is affordable unless you want a really rundown place or a townhome, its hard out there for the recent-graduates, even the ones like myself that came out with a very solid job with a nice salary. Heck, my Company has already given us 'inflation raises' which have significantly increased pay, but it still hasn't been enough to beat inflation. Nuts

 

[DW4_2016]

You may not have experienced the S&L debacle back in the last century but I certainly did

If you did then you would appreciate short sales where overvalued houses were on sale by banks for whatever someone would pay

corporations are that time would buy bundles of house sometimes 100’s for a small per cent on the hoof

in some cases we would buy the house tear it down and rebuild as the house was worthless but the lot had location value

saw that a lot using the bulldozer for remodeling

Look up what happened to Freddie Mac and Fannie Mae and read up on bank short sales

that will tell you all you need to know

History repeats itself to those who fail to study it and learn from it

i am so confused. what does this have to do with Biden. it's all his fault, remember?

 

[PalmettoTiger1]

i am so confused. what does this have to do with Biden. it's all his fault, remember?

As Truman said the buck stops at the top

The first shot fired by Biden was when he shut down pipeline construction particularly the Keystone

Then make oil leases in Federal land impossible to carry through on by red tape lease cancelations etc

Then make building new refining and existing refining in danger of losing money by regulations and discouraging investment in these high risk facilities

i am not as qualified to keep listing but my financial friends say that liberals elitists radical Democrats with Biden being guided by the nose by Susan Rice Who checks with Obama daily are destroying America

What do I know as I am just a rain drop in this massive ocean of humanity

 

[PalmettoTiger1]

i am so confused. what does this have to do with Biden. it's all his fault, remember?

Wanted to remind you about saying a while back we are not in a recession

multiple news outlets pundits are now reporting we are in a recession that started late last year

of course what do they know

2 quarters of declining GNP

 

[DW4_2016]

Wanted to remind you about saying a while back we are not in a recession

multiple news outlets pundits are now reporting we are in a recession that started late last year

of course what do they know

2 quarters of declining GNP

i said we weren't in a recession? that seems unlikely, but at that time we probably weren't in a recession. we need multiple months of decline consecutively to be in a recession.

 

[DW4_2016]

As Truman said the buck stops at the top

The first shot fired by Biden was when he shut down pipeline construction particularly the Keystone

Then make oil leases in Federal land impossible to carry through on by red tape lease cancelations etc

Then make building new refining and existing refining in danger of losing money by regulations and discouraging investment in these high risk facilities

i am not as qualified to keep listing but my financial friends say that liberals elitists radical Democrats with Biden being guided by the nose by Susan Rice Who checks with Obama daily are destroying America

What do I know as I am just a rain drop in this massive ocean of humanity

'back in the last century'

back in the last century when Biden was president?!? 2008 when biden was president?

but we did just figure out bush is deep state, so maybe it was the same deep state elements behind both things?

 

[97ClemsonMac]

i said we weren't in a recession? that seems unlikely, but at that time we probably weren't in a recession. we need multiple months of decline consecutively to be in a recession.

2 quarters of decline is what defines a recession, assuming that is what you mean by multiple months. i believe we are ~5 months since the previous report so we should know in about a month.

 

[PalmettoTiger1]

2 quarters of decline is what defines a recession, assuming that is what you mean by multiple months. i believe we are ~5 months since the previous report so we should know in about a month.

The point I am trying to make is when I said we were in a recession in my opinion was beginning late last year Nov December start but for purists let’s say it started in January so we can count for two consecutive calendar quarters from January to June

OK when July 1 hits then the statistical economists will grind their magical numbers and either announce there was two declining consecutive quarters of GNP therefore fitting into the quantified definition of a recession

Let me say I understand that to those who think I don’t

What I am saying is regardless of what definition is used the country if not in a recession better wish we are in a recession because the Biden gang has put us in a worse place than anyone could imagine

 

[DW4_2016]

The point I am trying to make is when I said we were in a recession in my opinion was beginning late last year Nov December start but for purists let’s say it started in January so we can count for two consecutive calendar quarters from January to June

OK when July 1 hits then the statistical economists will grind their magical numbers and either announce there was two declining consecutive quarters of GNP therefore fitting into the quantified definition of a recession

Let me say I understand that to those who think I don’t

What I am saying is regardless of what definition is used the country if not in a recession better wish we are in a recession because the Biden gang has put us in a worse place than anyone could imagine

better wish we are in a recession

and there it is. conservative patriots hoping america fails just to win some elections. real patriot shit. speaking of, how did all the republican lawmakers vote down gas price gouging laws only to complain about gas prices every day?

 

[PalmettoTiger1]

better wish we are in a recession

and there it is. conservative patriots hoping america fails just to win some elections. real patriot shit. speaking of, how did all the republican lawmakers vote down gas price gouging laws only to complain about gas prices every day?

That is speaking tongue in check

Like saying hope you have Covid instead of Cancer


The scary part of the Biden plan is that recession would be a blessing instead of the total collapse of the US economy which he is working on happening

You are oblivious to the fact ands yes fact I want the US and all the people in the country to flourish

I don’t want to see people suffer a recession

But what Biden is bringing to America is an economic bubonic plague

may God have mercy on all the peoples souls in America unless it can be stopped

And I personally believe that there is going to be an intervention and soon

 

[WapPride]

i'm convinced this guy is just an alternate growls troll account

 

[WapPride]

As Truman said the buck stops at the top

The first shot fired by Biden was when he shut down pipeline construction particularly the Keystone

Then make oil leases in Federal land impossible to carry through on by red tape lease cancelations etc

Then make building new refining and existing refining in danger of losing money by regulations and discouraging investment in these high risk facilities

i am not as qualified to keep listing but my financial friends say that liberals elitists radical Democrats with Biden being guided by the nose by Susan Rice Who checks with Obama daily are destroying America

What do I know as I am just a rain drop in this massive ocean of humanity

keystone pipeline and the shuttering of certain drilling leases on federal land have nothing to do with the current cost of fuel.

 

[Cocks are Number 1]

i am so confused. what does this have to do with Biden. it's all his fault, remember?

Keep defending your guy. He’s not only gotten every single thing wrong, he’s intensely done so. Complete failure.

 

[PalmettoTiger1]

keystone pipeline and the shuttering of certain drilling leases on federal land have nothing to do with the current cost of fuel.

you are pretty much the lone Salmon

 

[other1]

As Truman said the buck stops at the top

The first shot fired by Biden was when he shut down pipeline construction particularly the Keystone

Then make oil leases in Federal land impossible to carry through on by red tape lease cancelations etc

Then make building new refining and existing refining in danger of losing money by regulations and discouraging investment in these high risk facilities

i am not as qualified to keep listing but my financial friends say that liberals elitists radical Democrats with Biden being guided by the nose by Susan Rice Who checks with Obama daily are destroying America

What do I know as I am just a rain drop in this massive ocean of humanity

I didn't see where either Biden or Keystone XL was used as a scapegoat by any of these execs in this article. What gives??

Keep defending your guy. He’s not only gotten every single thing wrong, he’s intensely done so. Complete failure.

Perhaps you could be more specific. How has he got every single thing wrong???

 

[gardentiger]

European debt market will be the trigger.

 

[Cocks are Number 1]

I didn't see where either Biden or Keystone XL was used as a scapegoat by any of these execs in this article. What gives??

Perhaps you could be more specific. How has he got every single thing wrong???

It began with Afghanistan… wait, why am I even responding to this? Are you kidding?..

 

[Willence]

The wealth effect has pushed housing to unsustainable levels and cost of living is out stripping salaries

The corporate shell game is about to end

All of the leverage of buying houses with smoke and mirrors wealth is ending

There is going to be a fire sale on these corporations as they shed all the hard assets for cash

That is my take and just an opinion

My friends in the business we guys do talk and this is not just my opinion but a collective b group of people seeing the damage being done to the economy and the consequences

As Democrats say never let a crisis go to waste

Even if they are ones who caused it

And Democrats and Brandon get 100 per cent credit for the MESS

I do think that all the purchasing of homes by investment groups and corporations has been very bad for the housing market. And while I would be the first one to blame Biden this is not something that he created and it certainly isn't his fault. This is just something that has been present for quite some time. Housing should not be a tool used by investment funds and large corporations.

People need to understand this is not an entirely partisan argument. Both sides of detriminished damage to our economy and ultimately the failure of our Congress to act on really any crisis in an intelligent way has led us to a lot of very difficult intersections. Furthermore our regulatory body has completely failed in nearly every way. All these people need to be fired and thrown out into the streets. At some point people are going to understand the government is a necessary evil but never lose sight of the fact that it is at its core an evil.

 

[PalmettoTiger1]

I do think that all the purchasing of homes by investment groups and corporations has been very bad for the housing market. And while I would be the first one to blame Biden this is not something that he created and it certainly isn't his fault. This is just something that has been present for quite some time. Housing should not be a tool used by investment funds and large corporations.

People need to understand this is not an entirely partisan argument. Both sides of detriminished damage to our economy and ultimately the failure of our Congress to act on really any crisis in an intelligent way has led us to a lot of very difficult intersections. Furthermore our regulatory body has completely failed in nearly every way. All these people need to be fired and thrown out into the streets. At some point people are going to understand the government is a necessary evil but never lose sight of the fact that it is at its core an evil.

you are covering the situation pretty good but the sad part of the story is when the corporate house buying goes south the big names will be at Congress wanting a bailout on the middle class backs

That is what really makes me sick

 

[PalmettoTiger1]

I didn't see where either Biden or Keystone XL was used as a scapegoat by any of these execs in this article. What gives??

Perhaps you could be more specific. How has he got every single thing wrong???

If destroying America is his goal he has gotten everything right.

 

[97ClemsonMac]

I do think that all the purchasing of homes by investment groups and corporations has been very bad for the housing market. And while I would be the first one to blame Biden this is not something that he created and it certainly isn't his fault. This is just something that has been present for quite some time. Housing should not be a tool used by investment funds and large corporations.

People need to understand this is not an entirely partisan argument. Both sides of detriminished damage to our economy and ultimately the failure of our Congress to act on really any crisis in an intelligent way has led us to a lot of very difficult intersections. Furthermore our regulatory body has completely failed in nearly every way. All these people need to be fired and thrown out into the streets. At some point people are going to understand the government is a necessary evil but never lose sight of the fact that it is at its core an evil.

EXTREMELY well said!

 

[TigerGrowls]

When you have loads of unrealized equity in stocks and such and then you leverage that for more hard assets that generate income you are totally OK as long as that income stream continues

my friends are telling me expect heavy layoffs which mean not able to pay the rent which will result in many scrambling back to mom and dad or sharing housing to survive

with this scenario you are going to see asset values fall which causes a debt to equity realignment. Which will put pressure on banks and equity providers such as insurance companies who are flush with cash to start pulling loans

I expect a huge catastrophe if Biden does not go back to Trump policies

The next few months will be horrendous for the average American and that includes me

A drop in the the current average rent costs would be good for people. The associated loss in home equity that has really been a bubble anyway will not be the end of the world except for the ones that recently bought in the inflated market. Going to be a lot of turmoil.

 

[PalmettoTiger1]

Housing hasn’t been overinflated until just now when Biden took office. Any moron could see that.

Happened in S and L scandal back around 1990 and again around 2008.

These bubbles are greed driven and the public is usually the screwed loser with big dogs getting Federal bailouts

Watch for the drop in housing prices that catches a lot of people holding property they bought expecting prices to rise to the moon

I am an old dog and have seen this multiple times

Same game different decades

 

[gardentiger]

I do think that all the purchasing of homes by investment groups and corporations has been very bad for the housing market. And while I would be the first one to blame Biden this is not something that he created and it certainly isn't his fault. This is just something that has been present for quite some time. Housing should not be a tool used by investment funds and large corporations.

People need to understand this is not an entirely partisan argument. Both sides of detriminished damage to our economy and ultimately the failure of our Congress to act on really any crisis in an intelligent way has led us to a lot of very difficult intersections. Furthermore our regulatory body has completely failed in nearly every way. All these people need to be fired and thrown out into the streets. At some point people are going to understand the government is a necessary evil but never lose sight of the fact that it is at its core an evil.

Is the fed political? Absolutely cheap money for 14 years caused this. The market needs to set interest rates.

 

[PawsFan_]

As long as housing demand in greater than supply, housing prices will stay high.

Higher interest rate will impact the demand some. But regardless, demand is going to outweigh the supply. Those that own a second home may need to dump them for liquidity. But that's just a small percent of the population.

 

[Cocks are Number 1]

As long as housing demand in greater than supply, housing prices will stay high.

Higher interest rate will impact the demand some. But regardless, demand is going to outweigh the supply. Those that own a second home may need to dump them for liquidity. But that's just a small percent of the population.

This