Netflixmovieguz Posted November 11, 2022 Author Report Share Posted November 11, 2022 50 minutes ago, Bears said: Agreed Bro, but it doesn’t take much time to take a U turn for current 8% inflation to come down all the way to 2%. Because the Fed already had hefty rate rises(one more to come in Dec). These results will be reflected on the market starting this month, So for Next 6 months Inflation has to come down gradually. Also, Housing inventory is still par below pre Covid levels, so current rising demand will not be able to catch inventory and supply at least in the near future. Manipulated inflation numbers..show me 8% inflation in real time. Quote Link to comment Share on other sites More sharing options...
pakeer_saab Posted November 11, 2022 Report Share Posted November 11, 2022 13 hours ago, Pandubabu said: Looking for 5th job so that I can pay cash for these over hyped houses 7th job vaste kaani ee DB lo comment seyaku 1 Quote Link to comment Share on other sites More sharing options...
Bears Posted November 11, 2022 Report Share Posted November 11, 2022 15 minutes ago, Netflixmovieguz said: Manipulated inflation numbers..show me 8% inflation in real time. There is no proof that these are manipulated numbers at the same time, CPI report is derived from all consumer items, Some of the items can have high inflation value where as other items can have less value for a given period. Refer to the below bls government site: https://www.bls.gov/news.release/cpi.nr0.htm Quote Link to comment Share on other sites More sharing options...
Netflixmovieguz Posted November 11, 2022 Author Report Share Posted November 11, 2022 3 minutes ago, Bears said: There is no proof that these are manipulated numbers at the same time, CPI report is derived from all consumer items, Some of the items can have high inflation value where as other items can have less value for a given period. Refer to the below bls government site: https://www.bls.gov/news.release/cpi.nr0.htm Food 8% is a comedy. New car 8% is a comedy Quote Link to comment Share on other sites More sharing options...
hyperbole Posted November 11, 2022 Report Share Posted November 11, 2022 1 hour ago, Netflixmovieguz said: Which area bro? 94582 Pre pandemic $370-$440 unde ippudu $700-&750 unnadi ippudu, peak lo $900 ki poyindi konni sales example https://www.zillow.com/homedetails/7141-Watsonia-Dr-San-Ramon-CA-94582/68043064_zpid/?utm_campaign=iosappmessage&utm_medium=referral&utm_source=txtshare 1 Quote Link to comment Share on other sites More sharing options...
Netflixmovieguz Posted November 11, 2022 Author Report Share Posted November 11, 2022 4 minutes ago, hyperbole said: 94582 Pre pandemic $370-$440 unde ippudu $700-&750 unnadi ippudu, peak lo $900 ki poyindi konni sales example https://www.zillow.com/homedetails/7141-Watsonia-Dr-San-Ramon-CA-94582/68043064_zpid/?utm_campaign=iosappmessage&utm_medium=referral&utm_source=txtshare Old san ramon Quote Link to comment Share on other sites More sharing options...
NotSoBusy Posted November 11, 2022 Report Share Posted November 11, 2022 On 4/20/2022 at 4:51 AM, Vaampire said: Not going to happen man. housing market is like apple stock. 10-15% correction reasonable at the current 7.5% interest rates and the houses being over valued by atleast 40% in most of the localities , you still don't see it happening is it ? next level delusion idi aithe 1 Quote Link to comment Share on other sites More sharing options...
NotSoBusy Posted November 11, 2022 Report Share Posted November 11, 2022 16 hours ago, Bears said: CPI report came out today, Inflation(7.7%) is lower than expected for October and predictions already pointing that inflation has seen peaks and trending down on the graph from now. If this continues, then housing market will be back to its form in 3-6months. Today Stock market up with 1000 points as futures show bright economy. No recession, this was just a correction, Get ready for bidding again on housing!! Lehman brothers fail ayye mundala itlaanti falthoo reports chaala ochinay , its too big to fail etc etc ani , ee reports anni nammi ippudu housing market lo irukkunte MG avvatam 100% credit suisse is actually in a very bad shape now , idi fail ayyindi ante inka downward spiral will start in the banking sector which will eventually hit the housing market real hard , anni mooskuni dooram ga undatam better now , if you haven't already gotten a house https://www.forbes.com/sites/dereksaul/2022/10/03/credit-suisse-shares-tank-as-capital-concerns-spark-reminders-of-lehman-brothers-failure-heres-what-we-know/?sh=44f9499f55bc 1 Quote Link to comment Share on other sites More sharing options...
Vaampire Posted November 11, 2022 Report Share Posted November 11, 2022 1 hour ago, NotSoBusy said: at the current 7.5% interest rates and the houses being over valued by atleast 40% in most of the localities , you still don't see it happening is it ? next level delusion idi aithe April post ki ippudu reply lol. Bay area lo 10-15% kantey ekkuva padaledhu Quote Link to comment Share on other sites More sharing options...
NotSoBusy Posted November 11, 2022 Report Share Posted November 11, 2022 33 minutes ago, Vaampire said: April post ki ippudu reply lol. Bay area lo 10-15% kantey ekkuva padaledhu lol just realized idi April post ani Quote Link to comment Share on other sites More sharing options...
Netflixmovieguz Posted November 11, 2022 Author Report Share Posted November 11, 2022 42 minutes ago, Vaampire said: April post ki ippudu reply lol. Bay area lo 10-15% kantey ekkuva padaledhu You still sticking to this? Quote Link to comment Share on other sites More sharing options...
manadonga Posted November 11, 2022 Report Share Posted November 11, 2022 9 hours ago, Netflixmovieguz said: Manipulated inflation numbers..show me 8% inflation in real time. Current bill same units vadutunna last year to compare cheste bill 90$ to 150 $ ayyindi 1 Quote Link to comment Share on other sites More sharing options...
pakeer_saab Posted November 11, 2022 Report Share Posted November 11, 2022 21 minutes ago, manadonga said: Current bill same units vadutunna last year to compare cheste bill 90$ to 150 $ ayyindi all those calculating inflation are just plain jokers, everything i know and use ahd been increased by 30% atleast, most food items, electricity 1 Quote Link to comment Share on other sites More sharing options...
Netflixmovieguz Posted November 11, 2022 Author Report Share Posted November 11, 2022 small frooti jumped about 30-35% Quote Link to comment Share on other sites More sharing options...
Vaampire Posted November 11, 2022 Report Share Posted November 11, 2022 1 hour ago, Netflixmovieguz said: You still sticking to this? Yaa. Bay area varaku ippati daaka. Praying for fall though. I can buy a home Quote Link to comment Share on other sites More sharing options...
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