irvinehomeowner
Well-known member
Doesn't need to be altogether... just long enough a disruption to cause market fears.
Housing Analysis
- Thread starter eyephone
- Start date
NEW -> Contingent Buyer Assistance Program
Here are things people always fear - death and losing money
That's in human's sinful nature and also the media boosts up what our eyes and ears are being shown and told so we keep fearing in these.
To be honest, we fear losing money more than death as we don't see ourselves dying soon. So as you pointed out, the media is telling us to fear just enough so that the market will be disrupted. However, what's really happening might not be all that enough reason actually to be disrupted. It's just our emotion feared by our friendly media. You can choose to fear or you can let fakes news go away. Remain in the truth.
YODA ? ? ?appears and speaking
?Many question you ask, just go back beginning and
shall find truth?
I'm asking the slowdowners why aren't the prices lower because they kept telling me that the data volume said they should be.
No we are not Jeff Besos status.
Don?t jump off the bridge and be stupid.
Believe that your hard earn money that buy a house for a roof over your head will not only provide shelter, it also a good choice to put your money in a safe and sounds saving.
irvinehomeowner said:
Here are things people always fear - death and losing money
That's in human's sinful nature and also the media boosts up what our eyes and ears are being shown and told so we keep fearing in these.
To be honest, we fear losing money more than death as we don't see ourselves dying soon. So as you pointed out, the media is telling us to fear just enough so that the market will be disrupted. However, what's really happening might not be all that enough reason actually to be disrupted. It's just our emotion feared by our friendly media. You can choose to fear or you can let fakes news go away. Remain in the truth.
irvinehomeowner
Well-known member
We'll see how this shakes out.
Still wondering how such low volume numbers did not end up in much lower prices.
That was the key data point people were talking about back in 2018... so what happened?
Still wondering how such low volume numbers did not end up in much lower prices.
That was the key data point people were talking about back in 2018... so what happened?
irvinehomeowner
Well-known member
Yes. Too lazy to draw but...
I think people were expecting this:
/?\
Instead we got this:
/??
But I guess it's a "slowdown" because it could have been this:
_/
/
I think people were expecting this:
/?\
Instead we got this:
/??
But I guess it's a "slowdown" because it could have been this:
_/
/
irvinehomeowner
Well-known member
So where did all the "slowdowners" go?
Was waiting in 2018 for a 0-5% slowdown really worth it? And while people may want to use the "new" reason of dropping rates, uh... people who bought back in 2018 can still refi now... and... they benefit from more equity.
C'mon, let's be honest... are the prices today what you expected almost 2 years ago?
Where is the *analysis" of why the data of dropping volume did not lower prices more?
Was waiting in 2018 for a 0-5% slowdown really worth it? And while people may want to use the "new" reason of dropping rates, uh... people who bought back in 2018 can still refi now... and... they benefit from more equity.
C'mon, let's be honest... are the prices today what you expected almost 2 years ago?
Where is the *analysis" of why the data of dropping volume did not lower prices more?
irvinehomeowner
Well-known member
To be fair, given the data on record drops in sales volume, there should have been bigger price drops.
Lower interest rates can't be the only thing that prevented prices from dropping more than they should have.
Or... are people starting to believe in non-fundamental factors that keep housing prices higher than they should be?
Lower interest rates can't be the only thing that prevented prices from dropping more than they should have.
Or... are people starting to believe in non-fundamental factors that keep housing prices higher than they should be?
irvinebullhousing
Well-known member
Taunting, teasing when ones is correct or righteous.
irvinebullhousing
Well-known member
Mety said:
YODA ? ? ?appears and speaking
?Many question you ask, just go back beginning and
shall find truth?
irvinehomeowner
Well-known member
Mety said:
I'm asking the slowdowners why aren't the prices lower because they kept telling me that the data volume said they should be.
The price was getting too high too quick at 2016-2018 so it kind of resembled last crash. I was also one of slowdowners, but the reason it got where it's at is because of many things IMHO - lower rates, higher employment, stock market, millennials at partners or parens' homes, and etc. Also I think the supply and demand thing is kind of stabilized where sellers/buyers are even at this time. But the market did get lower than the previous year. By very little though. The crash like last time didn't happen though. (yet?)
Let me tell you something though. No one ever said the price would get higher. If the price actually goes up from here, that proves no one can be right.
Let me tell you something though. No one ever said the price would get higher. If the price actually goes up from here, that proves no one can be right.
irvinebullhousing
Well-known member
All I can say is things aren?t going to be cheaper as time goes on. Sure you might find a listing foreclosed every so rare occasion now and lower price, getting it is another tidal swim you have to overcome. There are sharks in those deep waters.
Price will move up, not a sharp spike but a gradual upward movement despite?s all of the chaos going on around the world. United Stares is a surer bet to put money on, because the power to overcome obstacles is unlimited.
Jeff Besos just closed on a 165 Mil cool deal in L.A. mega mansion. If anything look at where the super rich put their money. It?s an indication of wealth and the wealthy still believe in this market.
Price will move up, not a sharp spike but a gradual upward movement despite?s all of the chaos going on around the world. United Stares is a surer bet to put money on, because the power to overcome obstacles is unlimited.
Jeff Besos just closed on a 165 Mil cool deal in L.A. mega mansion. If anything look at where the super rich put their money. It?s an indication of wealth and the wealthy still believe in this market.
irvinebullhousing
Well-known member
eyephone said:
No we are not Jeff Besos status.
Don?t jump off the bridge and be stupid.
Believe that your hard earn money that buy a house for a roof over your head will not only provide shelter, it also a good choice to put your money in a safe and sounds saving.
irvinebullhousing
Well-known member
So you suggesting for those capable financially don?t buy now instead put those money in stock/equities/bonds market?
Those are broads. And I would venture to say that those financially capable already have money in the markets through 401k at employment and IRA and other investments that ties to the stock market
Your suggestion of putting even more of their own money in the melt up equity market could make them some money while renting. And those run up could still goes up and it could still goes down while you paying rent rather than forced saving of owning a home. This Housing Analysis thread makes me think deep into why I would or wouldn?t want to own even deeper. I would buy. I would not rent. Waiting...,,,not me.
Those are broads. And I would venture to say that those financially capable already have money in the markets through 401k at employment and IRA and other investments that ties to the stock market
Your suggestion of putting even more of their own money in the melt up equity market could make them some money while renting. And those run up could still goes up and it could still goes down while you paying rent rather than forced saving of owning a home. This Housing Analysis thread makes me think deep into why I would or wouldn?t want to own even deeper. I would buy. I would not rent. Waiting...,,,not me.