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Boise, ID - Let's circle back in one year and see if they be right.


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2022 May 21, 10:39am   584 views  11 comments

by Al_Sharpton_for_President   ➕follow (5)   💰tip   ignore  

Boise May Be Center of Real Estate Collapse.
https://247wallst.com/housing/2022/05/20/boise-may-be-center-of-real-estate-collapse/.

The U.S. housing market is historically overvalued. Moody’s says these cities may see prices drop up to 10%.
Boise, Idaho, is nation’s most overpriced housing market, Moody’s says.
https://www.deseret.com/utah/2022/5/4/23055347/housing-market-us-predictions-historically-overvalued-crash-boise-idaho-utah-salt-lake.


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6   AmericanKulak   2022 May 22, 10:05am  

ad says
Those with cash that buy at the bottom of the panic selling are those who will make the most money.


It's already happening in Orlando. A few months ago the prices began to freeze around the time Zillow beat a retreat.

Now I'm seeing "Panic Sellers" - those who were holding out for another 10-15% gain and are realizing it's better to sell now than "Be locked in forever".
8   FortwayeAsFuckJoeBiden   2022 May 22, 10:14am  

inflation in long run will make everything cost more. up and downs don’t matter.

what you see cost 5 today will be 10-20 after inflation. you all don’t remember Carter era.

tour money is worth a lot less. paper. pretty soon couns will be gone. since cost of making coins will outweight their value.
9   RC2006   2022 May 22, 10:26am  

FortwayeAsFuckJoeBiden says

inflation in long run will make everything cost more. up and downs don’t matter.

what you see cost 5 today will be 10-20 after inflation. you all don’t remember Carter era



This has been my thought on stocks and housing. My old way of calculating real appreciation of houses to before bubbles is not going to work now with current inflation.
Now it's all up to what kind of wage inflation is coming.
10   AD   2022 May 22, 10:33am  

I drew some trend lines, maximum and minimum (max and min). Housing prices have to come down at least 20% to return between those two trend lines. So if you start off at $1 and it goes up 40% in 2 years, then a 20% drop results in a price of $1 x (1+0.4) x (1- 0.2) = $1.12

.



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11   AmericanKulak   2022 May 22, 1:58pm  

FortwayeAsFuckJoeBiden says
inflation in long run will make everything cost more. up and downs don’t matter.


Except fixed rate mortgage payments ;)

Let's no let the fat banker fucks weddle and whinge their way out of it. Eat that shit sandwich, Wall Street.

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