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[–] • 4 pts

Good. I'm sick of seeing these housewives bragging about selling millions of dollars of property in their first year. Bitches think its because they are smart but reality is a monkey could have been selling houses the last 10 years. Time for realtors and mortgage lenders to have to work for their money. I've never seen them pushing their listings on social media as hard as they have been the last 3 months. That tells me they're all in a little panic.

[–] • 1 pt

Is it bad?

[–] • 2 pts

Only if you've bought something recently.

Overall I think it's good for housing to be more affordable.

[–] • 1 pt

Darn right, gonna buy me a house on acreage for half of what they are now. Been waiting for this.

[–] • 1 pt (edited )

I'm not sure it's going to be more affordable for americans, because you know... Inflation, recession, and sheeeeeeit here goes the purchasing power.... Price might crash to record low and still remain too high for the average american buyer... Like in zimbabwe, you go over there with your euros earned in europe everything is super cheap, now you live over there and you have zimbabwe dollars earned in zimbabwe... It's not going to be so so cheap anymore... See what I mean? It's relative

Besides, the only thing that prevents an area from being overrun by diversity niggers, is high prices, a big "barrier to entry" when it comes to access to property, real estate, and the cost of living in general of course. Sure you're not immune to various "social programs" such as section 8 stuffs... But it still remains a limiting factor

yeah I know it sucks, you have to be rich to have the privilege to live among whites... Especially if you're white....

[–] • 1 pt

All this is true, yup.

Member the rip van winkle story where guy goes to sleep then wakes up to find his house has gone up a million dollars or so then operator on the phone says, to continue the phone call please deposit $25,000 (or so).

[–] • 0 pt

The median price of a home sold in July was $403,800, an increase of 10.8% year over year.

After accounting for inflation that's really a 1.56% increase. That's a pretty devastating number when compared to the last 50 years.

[–] • 0 pt

Global Housing market has been running on overdrive for more than a decade on too low interest rates.

This drives the various urban real estate bubbles while stealing wealth from the savers.

Put the interest at 3% and leave it there. The markets will sort themselves out.