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We are dealing with 'a very savagely unhealthy' housing market


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Posted
On 8/18/2023 at 7:59 PM, Aquaman said:

 

 

8% rates - on the cards anna..

Posted
3 minutes ago, Sonu_Patel said:

 

8% rates - on the cards anna..

what's the plan bro

Posted
22 minutes ago, Sonu_Patel said:

 

Liquidated some of the equity last month... I am on cash position now (~600k)

I am expecting the stock market to crash in the coming months and combination of higher interest rates, very dangerous scenario for housing and whole inventory thing is actually saving the housing market. If the inventory problems normalize, the correction of house values will be huge..

Lets wait and see anna.. dont worry anna, posts vesi update chesta. 

Friday enduku raledu anna.. wait chesa nee kosam.

Very close to reality Sonu. My views are similar to this.

I had a different view a few months back with respect to Stock market which I thought will correct only little. Now I think it will crash more.

Same with housing. Fed is hell bent on bringing down both the markets.

Posted
9 minutes ago, Konebhar6 said:

Very close to reality Sonu. My views are similar to this.

I had a different view a few months back with respect to Stock market which I thought will correct only little. Now I think it will crash more.

Same with housing. Fed is hell bent on bringing down both the markets.

I think who ever is buying with these Interest rates will pay huge interest towards the EMIs

Posted
1 minute ago, Sonu_Patel said:

I think who ever is buying with these Interest rates will pay huge interest towards the EMIs

Theyy ill have to foreclosure to let them save frm sinking 

Posted
1 hour ago, Sonu_Patel said:

 

Liquidated some of the equity last month... I am on cash position now (~600k)

I am expecting the stock market to crash in the coming months and combination of higher interest rates, very dangerous scenario for housing and whole inventory thing is actually saving the housing market. If the inventory problems normalize, the correction of house values will be huge..

Lets wait and see anna.. dont worry anna, posts vesi update chesta. 

Friday enduku raledu anna.. wait chesa nee kosam.

good for you, anyone with hard earned money should not be in market until end of year.

Posted
47 minutes ago, Konebhar6 said:

Very close to reality Sonu. My views are similar to this.

I had a different view a few months back with respect to Stock market which I thought will correct only little. Now I think it will crash more.

Same with housing. Fed is hell bent on bringing down both the markets.

pump and dump scheme nadustundi

 

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