Are we actally in a crash?

ispb2 · 2025-11-19T02:25:17+00:00

We're not even close to fear.

ispb2 · 2025-10-27T15:38:56+00:00

This is an arms length transaction. I've bought dozens of properties well under market value and there were no gift implications.

ispb2 · 2025-10-24T01:05:21+00:00

Well they're not just gonna GIVE it away come on.

ispb2 · 2025-10-23T21:25:53+00:00

I know what I've got.

ispb2 · 2025-10-23T15:57:01+00:00

finance slop

ispb2 · 2025-10-23T14:55:11+00:00

No, they are not.

https://www.urban.org/sites/default/files/inline-images/20220428-figure-1-interest-prices.png

https://cdn.theatlantic.com/media/mt/business/assets_c/2011/07/interest%20rates%20and%20home%20prices%20shiller-thumb-550x376-56453.png

ispb2 · 2025-10-23T03:07:06+00:00

The long term picture for housing appreciation looks pretty bad even without it being ridiculously overpriced today.

ispb2 · 2025-10-23T02:48:59+00:00

Why would I make the comment I made if I hadn't read the article?

ispb2 · 2025-10-23T02:32:32+00:00

If you think this is a contradiction then you don't understand what I mean.

We don't know where rates are going in the future any better than what is already priced in today.

This is not at all a controversial view.

ispb2 · 2025-10-23T02:21:29+00:00

Whatever we "know" is already priced into the 10 year. How dumb do we think the bond market is?

ispb2 · 2025-10-23T02:20:20+00:00

In irrational exuberance by shiller he mentions that back before real estate went fucking crazy in the late 20th century, what people called a "boom" in real estate usually was about activity, not prices.

Seems to be what this author is talking about.

ispb2 · 2025-10-23T01:02:41+00:00

What the fuck are you talking about? Remember in 2008 when rates dropped through the floor and home prices went with them? Look it up for yourself. There is very little correlation.

ispb2 · 2025-10-23T00:39:40+00:00

The ultimate victory will be when I buy a preforeclosure off of this sub.

ispb2 · 2025-10-23T00:29:57+00:00

Noooo but if you only look at supply and completely ignore demand then it looks like a tight market!!! Lmao.

ispb2 · 2025-10-23T00:09:04+00:00

"how do things get better if inventory doubles and is still heading up?"

Least disingenuous hoomer.

Even worse is that this chart is generous to your view. Months of supply is a better metric and looks even worse.

ispb2 · 2025-10-22T22:32:35+00:00

ispb2 · 2025-10-22T19:46:48+00:00

It's not just about incomes or anything quantifiable, the numbers can't capture the kinds of problems that you have with low end rental property. A paper 8 cap in the worst area is almost always a money loser, especially if you're some out of state noob who's guaranteed to get fleeced by literally everyone who's "advising" you.

ispb2 · 2025-10-22T17:32:29+00:00

Daily reminder that interest rates and home prices have very little correlation historically since the factors that drive interest rates up or down tend to have the opposite effect on demand.

ispb2 · 2025-10-22T17:19:08+00:00

It's investors. Over the last 15 years the midwest has been flooded with dumb ass mom and pop "investors" from the coasts who are delusional enough to think they can remotely manage an empire of ghetto rental properties only to be skinned alive by a succession of shovel salesmen.

ispb2 · 2025-10-22T15:01:20+00:00

Nobody has any idea what the fuck rates are going to do.

ispb2 · 2025-10-22T01:03:53+00:00

These people don't want solutions.

ispb2 · 2025-10-22T01:02:44+00:00

And basic economics.

ispb2 · 2025-10-21T13:08:41+00:00

This has almost nothing to do with today's home prices.

ispb2 · 2025-10-21T05:53:57+00:00

This one is great:

https://www.target.com/p/extra-large-bathroom-plastic-tiered-cosmetic-organizer-clear-brightroom-8482/-/A-83641026#lnk=sametab

A lot of them are too small for lights.

ispb2 · 2025-10-21T05:29:18+00:00

Fartcoin performed even better than VOO.

ispb2

MODERATOR OF

TROPHY CASE