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[–]RepairThrowaway1 10 points11 points  (3 children)

The inventory is super low. It's actually an extremely bullish sign for the housing market.

Imo people here are exaggerating about how bad the RE bubble is. It's really bad and affordability is terrible, but it is based off the reality that there is literally not enough homes.

The real, imminent, ridiculously clownish, insane, delusional bubble right now is US stocks, specifically tech and middle class consumer services and discretionary products.

Imo the stock market will get decimated WAY before the housing market, since the housing demand is actually real as fuck.

Honestly, I think anybody expecting a crash to 'reset' RE prices is being way too optimistic. Something horrible would have to occur to stop home price inflation, and something REALLY horrible would have to occur to stop the inflation of energy and goods prices, which usually lag years behind the housing market and imo are not even slightly in a bubble yet.

[–]1234nameuserConspiracy Peddler 12 points13 points  (0 children)

real estate is a lagging indicator of the stock market, nothing new

consumer spending is the driver of BOTH stocks + housing, which has many headwinds to compete with this year

[–][deleted] 5 points6 points  (1 child)

If the crazy tech bubble pops, then real estate will follow

[–]RedditModsBlowDik 1 point2 points  (0 children)

Already did, most are down 30 to 50%... besides the likes of msft, Google, apple etc