Bargains await those with cash when the bubble bursts

Apr 19, 2021
4:45:38pm

CBaass All-American

With so many houses being bought up by investment funds and not individuals, when the bubble pops the investment firms will walk away in mass.

Have no idea when that bubble bursts

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CBaass

Previous username: BigBassThunder
Bio page: CBaass
Joined: Sep 3, 2007
Last login: Apr 28, 2024
Total posts: 16,297 (5,597 FO)

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Messages

Author

Time

Real Estate PRICES

boogers

4/19/21 4:21pm

This happened in 1970s. Surprise! Prices continue to rise on inflation fears.

roseyscenario

4/19/21 4:23pm

The 70's? When mortgage rates went into the teens? If that happens again

boogers

4/19/21 4:26pm

As i said, the mid teens which happened in the 1980s, stopped it. 5% won't.

roseyscenario

4/19/21 4:31pm

OK. 5% and rising will hit home values pretty hard tho'.

boogers

4/19/21 5:14pm

Raising interest rates would be very politically unpopular. I know the Fed is

Unibro

4/19/21 4:37pm

When mortgage payments were <$200.

ag4cougs

4/19/21 6:37pm

And incomes were <$10,000. When mortgage rates hit 5%, prices will be > than now

roseyscenario

4/20/21 5:39am

It's another bubble. Laugh and/or ignore at your own peril.

Indy Coug

4/19/21 4:24pm

Certainly demand would drop and price growth would taper off, however the

Junior Deputy

4/19/21 4:26pm

My own home has shot up in value by 22K in the last month. This is bonkers.

CougarTailDevourer

4/19/21 4:27pm

Rates ain't going up anytime soon

Sandiegan

4/19/21 4:41pm

Interest rates won't increase unless we have inflation which means prices and

johnnybyu

4/19/21 4:42pm

Bargains await those with cash when the bubble bursts

CBaass

4/19/21 4:45pm

I hope so and have been planning on that but inflation may be stronger than we

johnnybyu

4/19/21 4:47pm

Exactly the purchasing power could be greatly reduced

compcoug

4/19/21 4:51pm

Agreed I have a decent portfolio but have been on the sidelines for a few years

johnnybyu

4/19/21 4:54pm

If you’re interested in this sorta thing a HELOC can be a good play.

Junior Deputy

4/19/21 4:55pm

I liove helocs and use them often but with low rates doing cash out refis.

johnnybyu

4/19/21 7:35pm

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