Yeti GOBOX Collection

Housing Appreciation and Inflation: Future Outlook?

Listening to a guy that says he is an expert because he went through the last housing crisis (when he was like 15) might not be the best idea…you know, financially speaking. But not advice.
How old are you, if you don't mind me asking? Also, are you an "expert" on anything?
 
How old are you, if you don't mind me asking? Also, are you an "expert" on anything?
None of that matters. But I'm good at knowing when to ask more questions on a chart. No one is doubting the price decline, but it is New homes only, and builders show a lot more flexibility in pricing. You also need a volume chart, like below. Builders were complicit in the previous housing crisis by overbuilding. In this cycle they have been underbuilding. There is no comparison. If prices collapse this time, it will be for different reasons.
But yeah, I am annoyed by the trend of people rooting against the prosperity of the USofA.

Screenshot 2024-11-10 at 7.32.34 AM.png
 
None of that matters. But I'm good at knowing when to ask more questions on a chart. No one is doubting the price decline, but it is New homes only, and builders show a lot more flexibility in pricing. You also need a volume chart, like below. Builders were complicit in the previous housing crisis by overbuilding. In this cycle they have been underbuilding. There is no comparison. If prices collapse this time, it will be for different reasons.
But yeah, I am annoyed by the trend of people rooting against the prosperity of the USofA.

View attachment 348518
From 2920 to current that chart pretty much mirrors interest rates. Well doesn't mirror because it's opposite. Help me out with the big words here.😉
 
From 2920 to current that chart pretty much mirrors interest rates. Well doesn't mirror because it's opposite. Help me out with the big words here.😉
Exactly. And that was what the Fed was targeting in raising rates. Explaining that doesn’t generate page views like the phrases “bursting bubbles” and “crash”.
 
Use Promo Code Randy for 20% off OutdoorClass

Forum statistics

Threads
113,540
Messages
2,024,498
Members
36,225
Latest member
AlexRMEF
Back
Top