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Mar 31, 2021
10:35
:16
pm
cougarfann888
Truly Addicted User
Either that or with new minimum wage and inflation
The earnings line might start to jump
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cougarfann888
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cougarfann888
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Oct 10, 2010
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Jun 5, 2024
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27,908 (88 FO)
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Messages
Author
Time
Why home prices will probably abate soon enough
grosven
3/31/21 10:31pm
I have to believe a major correction will happen when evictions resume.
shoganai
3/31/21 10:33pm
Are we referring to foreclosures here?
Parkercoug82
3/31/21 10:34pm
I'm assuming rental evictions will have some effect, as well.
shoganai
3/31/21 10:35pm
How so? So a bunch of people get evicted and then what? Where do they go?
brazilcoug
3/31/21 10:45pm
They reenter the market as low income, high risk tenants.
shoganai
3/31/21 10:50pm
Yeah, but how does that hurt the market?
brazilcoug
3/31/21 10:53pm
I would assume a sudden rush in low-income demand would create downward pressure
shoganai
3/31/21 10:56pm
In the case of Vegas, tons of people living here rent free despite record
Jericho
3/31/21 11:45pm
This has been occurring in the CA real estate market for a few decades.
BringBackRoyalBlue
3/31/21 10:34pm
Once families decide to live multi-generational under the same roof, it
Jstak17
3/31/21 10:40pm
Either that or with new minimum wage and inflation
cougarfann888
3/31/21 10:35pm
Rising interest rates will halt the rise.
BostonCougar
3/31/21 10:37pm
Coupled with, purchasing power mean reversion, the effect could be significant.
grosven
3/31/21 10:46pm
It’s a mix of low interest rates left over from Trump mixed with stimulus money
cougarblue
3/31/21 10:39pm
Um...yes....interest rates have been to low
byukarl
3/31/21 10:41pm
Monthly payment matters, not necessarily the price. With interest rates this low
Backcountry
3/31/21 10:44pm
Be very interesting as inflation ticks up. Pressure will build to increase
Jstak17
3/31/21 10:47pm
I agree. This is a fascinating time. Central banks and the government have
Backcountry
3/31/21 10:53pm
In general, what is the best thing we can do to protect us from Real inflation?
JohnnyC
3/31/21 11:01pm
Eliminate debt and invest in inflation hedges.
shoganai
3/31/21 11:13pm
Eliminating debt doesn’t make sense with inflation right?
kotacoug
4/1/21 1:17am
Is it fixed rate or variable? If fixed, then keep it. If variable, convert to
BostonCougar
4/1/21 1:23am
Only makes sense if the interest rate is higher tgan inflation.pay off credit
Backcountry
4/1/21 8:07am
Honestly, I'd love to know myself. I've committed hours every day for the last
Backcountry
3/31/21 11:18pm
IMO, Best to cover all bases if you can. Consider it as insurance 4 the unknown.
grandpacoug
4/1/21 9:20am
Appreciation will slow, but housing prices will not decrease. Loan standards are
valleus
3/31/21 11:28pm
Honestly, this seems like the likeliest story here-- a tale of two types of
jkccoug
3/31/21 11:32pm
Why worry? Last time this happened it turned out fine . . .
jkccoug
3/31/21 11:31pm
Tell this to Europe... We might see a small correction, but I doubt it. Not with millions coming in as well.
EternalOptimism
4/1/21 2:11am
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