housing market crash avtunda leda

[anna_gari_maata]

Just now, Vallavan said:

Agree but both stocks and real estate are in a bubble imho.. correction due but really dont know when

If you buy one house, you can buy multiple houses with home equity loan. Janalu ade chetsunnaru

[pakeer_saab]

10 hours ago, Vallavan said:

edo chinna bhayam bro.. malli next 2 years konalem crash ayye varaku anipinchindi..

you can never time the market, buy a home that you can afford instead what you want your friends to believe what you can afford

real assets like homes are not going to crash like stocks, with fragile stock market, more people will run towards buying hard real assets, all the cash people made in stocks will eventually end in housing market, so buy now or wait for 5 yrs

[Vallavan]

1 minute ago, pakeer_saab said:

you can never time the market, buy a home that you can afford instead what you want your friends to believe what you can afford

real assets like homes are not going to crash like stocks, with fragile stock market, more people will run towards buying hard real assets, all the cash people made in stocks will eventually end in housing market, so buy now or wait for 5 yrs

Agree. I think people tend to go for Gold and silver etc when stocks crash but housing probably can benefit a little.

[Vaampire]

Housing market is due for correction and correction is inevitable. But we never know when it happens. What is homes increase by another 20% and then corrected by 10%, u still end up paying more compared to todays price.

fed is going to increase interest rates very soon. Ideally that should flatted the housing market if not reduce price. But currently inventory is all time low. I mean on avge 10x buyers compared to 1x sellers. This demand can totally outset the market conditions like increased interest rate

[Swatkat]

23 minutes ago, Vallavan said:

 

 

All my investments are in India bro.. also starting business shortly in India so oka 2-3 years lo vellaka tappadu to commit fulltime to the business.

Its best not to buy bro. Or buy a condo for less than 200k and sell it iff before you leave. But ila chrsthey me wife kottachu ninnu endhukantey valla friends tho comparison vasthahdi. Rentee home lone undu bro. Try to explain the situation to her.  Ledha ne jeevitham barbadh. 5 years tarvtha pokapoina manchiga ah time lo rates stabilize avthaye konesko. 

[Swatkat]

1 hour ago, Fish said:

No one likes the facts, so let’s not talk about it

Fishga thiduthunava gnanodayam chesthunava @shamsher_007 enti em ardham kavatle naku.

[Guest]

Crash ane pedda maatalu yenduk vayya..there is no way. Slow down kuda avvale so far, may be March lo slow or flat avuddi. Correction may be 5% appudu unde rate ki so ippudu unde rates ki chuskunte you will still be paying more

[Fish]

48 minutes ago, Vallavan said:

 

 

All my investments are in India bro.. also starting business shortly in India so oka 2-3 years lo vellaka tappadu to commit fulltime to the business.

In this situation buying home for short term doesn’t make any sense, better to buy if you plan to stay for another 15 years. Next 10 years is going to be roller coaster ride in housing market 

[Vallavan]

35 minutes ago, Vaampire said:

Housing market is due for correction and correction is inevitable. But we never know when it happens. What is homes increase by another 20% and then corrected by 10%, u still end up paying more compared to todays price.

fed is going to increase interest rates very soon. Ideally that should flatted the housing market if not reduce price. But currently inventory is all time low. I mean on avge 10x buyers compared to 1x sellers. This demand can totally outset the market conditions like increased interest rate

Can this be attributed to shortage of Lumber?

[Vallavan]

 

2 minutes ago, Guest said:

Crash ane pedda maatalu yenduk vayya..there is no way. Slow down kuda avvale so far, may be March lo slow or flat avuddi. Correction may be 5% appudu unde rate ki so ippudu unde rates ki chuskunte you will still be paying more

 

March lo interest rates bump up avtaya bro

[Vallavan]

26 minutes ago, Swatkat said:

Its best not to buy bro. Or buy a condo for less than 200k and sell it iff before you leave. But ila chrsthey me wife kottachu ninnu endhukantey valla friends tho comparison vasthahdi. Rentee home lone undu bro. Try to explain the situation to her.  Ledha ne jeevitham barbadh. 5 years tarvtha pokapoina manchiga ah time lo rates stabilize avthaye konesko. 

no comparison issues bro.. I think I like your idea of getting a condo. Will discuss this idea. Thanks macha

[Fish]

24 minutes ago, Swatkat said:

Fishga thiduthunava gnanodayam chesthunava @shamsher_007 enti em ardham kavatle naku.

Not both 😁

manaki enduki ivvani antunna….if we say market will crash, no one is in a position to listen

It’s better we also believe that market will keep on going up atleast 5-20% YOY due to supply chain isssues 

[Vallavan]

3 minutes ago, Fish said:

In this situation buying home for short term doesn’t make any sense, better to buy if you plan to stay for another 15 years. Next 10 years is going to be roller coaster ride in housing market 

Agree bro. I will try renting / buying a condo or a small home.

[perugu_vada]

dont get so attached to materialistic properties.. illu illu illu ani stress feel ayi .. rojantha crash authunda market inka peruguthundha ani news follow authuu .. its not that there is no place to stay 

[Galactus]

50 minutes ago, pakeer_saab said:

you can never time the market, buy a home that you can afford instead what you want your friends to believe what you can afford

real assets like homes are not going to crash like stocks, with fragile stock market, more people will run towards buying hard real assets, all the cash people made in stocks will eventually end in housing market, so buy now or wait for 5 yrs

affordability evadu dekhatledu bro , I have seen people single income earning 100-120k buying 500k+ properties , not sure how they can afford the monthly payments and live comfortably as half salary will go for mortgage..