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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   581 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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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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