Housing Bubble Pop... No, More Like Nuclear Meltdown

builderofcastles in #hive-110786 • 2 years ago

Begging for someone to take your house?

Housing: This Time Is Not Like Anything Before

We all remember 2008 and the real estate bubble pop... and the reinflation.
Many real estate investors are now talking about the coming recession and real estate price collapse.
However, i have seen none of them calling to "Run for the hills".

But, that is what should be done today.

Several things are happening that have never happened before... and it's all at once:

Higher interest rates (even if the FED decreases rates)
Mortgages becoming scarce. (as banks become more picky and/or fold from the economic collapse)
Boomers dying off (houses being dumped on the market)
VAXXXed dying off (this in itself will make houses be as easy as moving into an empty one you find.)

But none of those are the big ones:

Ice-age - Your home needs to be highly insulated
Heating Fuel Shortage - and you home needs to be passive solar heated
Food Shortage - and the south side of your home needs to be a greenhouse.

Even at free, many people will not be able to afford an old, poorly insulated house.

The Direction of the Housing Market

The housing market will not fall off a cliff (unless a natural disaster also happens)
But large cities will become more and more like Detroit.
The only people staying being those who rely on welfare, and leftists.

The neighborhoods will continue to disintegrate as more crime and human faeces build up.
Houses will take longer and longer to sell.
And, if you are a land lord, you may find yourself unable to evict tenants to sell the house.

All while it becomes harder and harder for anyone to get a mortgage.
Basically, home prices will drop past $0. It will cost to get rid of some places.

What Plans Can you Make?

Well, above all, you need a community.
People that will help you in defence, growing food, repairs, and such.

Then, build a house there.
A house that is well insulated, has as much passive solar heating (and cooling) as you can get AND has a greenhouse.

Soon, it will be

You Will Grow Your Own Food, in Your Own Greenhouse OR STARVE.

Your house is not an asset. It is a liability
Soon, a VERY BIG liability.

All images in this post are my own original creations.

#economy #proofofbrain #leofinance #house

2 years ago in #hive-110786 by builderofcastles

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sunlit7 2 years ago

Housing prices are starting to moderate around here, going back down around their assessed value. They tend to sell rather fast still. I think a large part of that, particularly in my area, is the skyrocketing cost of rents and the profits being made off them. Investors buy them up as fast as they go on sale, rehab them and turn around and sell them as investment properties.

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builderofcastles 2 years ago

Yep, we can definitely see the end of the housing boom. (for those who are watching)
However, housing is slow.
There are tracts of houses started now that will never be finished. But most people won't notice until the MSM says "housing slowdown" as housing market goes off a cliff.

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j85063 2 years ago

Often wondered about the vaxxed dieing off and the affect on housing.

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builderofcastles 2 years ago

Empty houses become prolific.

The house prices rely on more demand than supply. And all of a sudden, a lot of supply appears and a lot of demand disappears.

I believe Blackrock (or the other black company) is buying up houses to keep them off the market to keep demand up as long as possible.

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j85063 2 years ago

Agreed.

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hivebuzz 2 years ago

Dear @builderofcastles, we need your help!

The Hivebuzz proposal already got important support from the community. However, it lost its funding a few days ago and only needs support to get funded again.

May we ask you to support it so our team can continue its work?
You can do it on Peakd, Ecency, Hive.blog or using HiveSigner.
https://peakd.com/me/proposals/199

All votes are helpful and yours will be much appreciated.
Thank you!

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dedicatedguy 2 years ago

Some time ago, on a post I made about my trading studies, you mentioned me the term intermarket analysis.

Are you familiar with the term SMT? I ask because I would like to know if you studied trading from a very particular mentor?

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builderofcastles 2 years ago

I am not familiar with the term SMT... but, i forget words, especially names.

My studies of the markets started with Robert Kiyosaki, and then basically went through all the non-mainstream people. People like Mike Maloney led me to analyzing markets from different viewpoints, not in dollars, but in other goods.

So, what i have is a hodgepodge of stuffs. (off the beaten path, stuffs)
And probably not the mentor you are thinking of.