THIS Will Be Worse Than a Housing Market Crash

Everyone these days are wishing for the housing market to crash because they think that many will be able to afford a house when the prices come down. Does anyone realize how a crash in housing prices effects the economy? It will be worse than the crash itself. It won’t be pretty.

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Jacqueline "Jackie" Baker
NJ License 1541448
Coldwell Banker Realty
Allendale/Saddle River

#realestate #jackiebakerrealtor #jackiebakersellsnj #homebuyingtips #homesellingtips #realestateinvesting

[GillerHeston]

In the USA, individuals living in cars due to partial homelessness result from a complex interplay of factors. High housing costs relative to income, stagnant wages, and income inequality drive this issue. Job loss, weak social support, medical expenses, evictions, and lack of affordable housing also contribute, while systemic problems and inadequate policies further perpetuate the phenomenon.

[Aarrenrhonda]

If prices drop, affordability and potential foreclosures may arise, worsened by future layoffs and rising living costs. I want to invest more than $300k, but I'm not sure on how to mitigate risk.

[paulh]

The real estate agents were crooked, the mortgage bankers were crooked, the appraisers were crooked, everybody was crooked. Then the market crashed, and people were financially destroyed, and none of the guilty people ever went to prison. Does anybody see a problem with that picture?

[borisgetman]

Asking a real estate agent about housing market crash is like asking at Chick-fil-A if we should eat more beef or chicken. Real estate agents will always say that it is a good time to buy a house because the prices are going up, because the prices are going down, and because the prices are stable.

[kimfxer]

The moment corporation took over rentals - its the reason for high cost of home ownership.

[Thomas_dan]

I'm hoping there will be a housing crisis so I can buy cheaply when I sell a few houses in 2025. As a backup plan, I've been thinking about purchasing stocks. What advice do you have for choosing the best buying time? On the one hand, I continue to read and see trading earnings of over $500k each week. On the other side, I keep hearing that the market is out of control and experiencing a dead cat bounce. Why does this happen?

[lrstpcx]

The reason for this low inventory and ridiculous prices is Wall Street. 40 percent of homes owned by this companies.
If the market crashes they will have to sell.
I'm for market crash

[Stephenrogzyyy]

Our economy is struggling with uncertainties, housing issues, foreclosures, global fluctuations, and the pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.

[ronnywhite]

I'm 73. Bought my first home in 1977. The interest rate was 9.25%. I thought it was GREAT. Bank interest for home loans were soon over 12%. At one point, they went up to 16%. Interest rates on CDs now are 5%, more or less. During the time home loans were so high in the late 70's, interest on CDs went to 10% at the local bank, and elsewhere, and people who had money could lock in 10% interest for 10 years. I hear the younger generation (anybody under 50) always talking about historic highs in house loans and historic high CD rates and i just smile.😊 Life was HARD for me during those years. Just out of college with a masters degree and the world crumbling around me. People will say that prices were much lower back then. Yes, but my gross pay was $650 a month. But i made it. God has been much better to me than I deserve.

[derekmazer]

One of the main reasons there is so little actual inventory (approx 1.1 million) homes for sale.... is because investment corporations are buying up entire housing developments as soon as they are available, and some builders are given first dibs (so to speak) to these companies. Then these investment companies are jacking up rental prices. It's insane. Companies should not be allowed to do this. Family homes of all sizes should be offered to the average home buyer (to live in) not to these investment companies.

[alphaomega]

You don't own a home if you have a mortgage. The bank 🏦 does. 😳

[robertwessels]

The housing market is grossly inflated.

[V.stones]

Interesting! If i had that capital, i would have some flexibility. I would consider diversifying across different asset classes.

[danf]

if the economy is "good" but NO ONE can afford to buy or rent without burning up savings and over half or 3/4 of their income...then is the economy not really already wrecked?? what is the point of having houses if no one can afford them?

[southernyankee]

I’m sitting on cash, so a crash would actually help me, but I don’t want to see people losing there jobs or homes either. Maybe I will just stop waiting for the “crash” and try to get a good deal on unrestricted land and build a smaller home. It may be a little more expensive, but at least I get what I want.

[Chevyheavy]

I’m a little confused… pretty sure people with those low interest rates probably wouldn’t be able to upgrade since the value of homes skyrocketed. I’m no expert but why would someone sell their home just to spend double for probably the same type of house they currently have 🤷‍♀️… Florida market is just insane.

[JasminetheJewel]

Some people are just not market/math smart, Find it boring or don’t have the time to commit and learn. And at the end of the day, Investing comes with risk and a lot of people don’t want to deal with it.

[GovtWatchdog]

This country just needs prices to be average again.

[alan_drees]

Just made a home sale sitting on $545K equity, not sure where to go from here. Is it a good time to buy into stocks or do I stay 100% cash?

[lrobie]

all the migration of people from states that have high home prices to states with lower home prices drove up home prices there. Corporations buying up a lot of housing stock and not renting them also constricts housing supply. real estate agents drive up housing prices too. Let's have a housing price a than high prices keeping inflation higher