@verita84@dj@Frondeur@NonPlayableClown@ryan Shadow inventory (real estate) is another one of those secrets that the jews don't want getting out. It's hard too get accurate numbers on it, but last year I heard it was 16 million vacant homes. Think about all the excess deaths that the life insurance actuaries are complaining about. I see it in the roofing industry. When grandpa dies the house gets reroofed and put on the market.
@Jonny@dj@Frondeur@verita84@NonPlayableClown@ryan If we control for inflation using numbers you can pull basically anywhere, the real size of the bubble deflates. Demand is separate issue, but the biggest thing impacting real estate is supply and inflation IMO.
@BowsacNoodle@dj@Frondeur@verita84@NonPlayableClown@ryan Yep. That's exactly what happened in 2007. I sold a 4-plex in 2007 that I had only owned for two years and I made $50k profit on it. The run up too the 2008 bubble burst was reedic.
@Jonny@dj@Frondeur@verita84@NonPlayableClown@ryan I think the total money in play from investment companies e.g. Black Rock will probably have a mitigating dampening effect against decline of prices. Even if total profile sizes aren't huge right now, the mechanism is in place for them to quickly increase those and 2020 COVID crash showed they're willing to let the very came companies currently buy into securities and bonds market on tax payer money to force stability. Basically I'd watch investor numbers as a good proxy for real demand, especially if we see stock market volatility.
@Jonny@dj@Frondeur@verita84@NonPlayableClown@ryan I don't think they will. I genuinely think they will keep it open for the reason I mentioned before. If nothing else, it allows them a way to make more renters and have more economic control.
@BowsacNoodle@dj@Frondeur@verita84@NonPlayableClown@ryan The housing bubble is likely being propped up by boomer 401Ks. Once Blackrock launches their XRP ETF they probably start pulling the plug on their real estate holdings. Choreographed
@Jonny@dj@Frondeur@verita84@NonPlayableClown@ryan Also even without fed silliness, depreciation and existing income from some properties in the holding means that they can have "income" from a Real Estate Investment Trust that's taxed below true marginal rate by showing as return of capital. REITs are a different animal.
@BowsacNoodle@dj@Frondeur@verita84@NonPlayableClown@ryan I can't see institutional investors paying property tax on vacant houses for much longer. That's a hemorrhage. They are gonna have too un-ass those properties that they paid 20% over asking price and weren't able too rent out or resell. The bubble burst is coming. There's no way around it.
@BowsacNoodle@dj@Frondeur@verita84@NonPlayableClown@ryan Sounds like a big waste of time. These stupid jews ran up the housing market too $400k and then they killed off probably 20 million people with their vaccines, and these 40 million new taco niggers can't afford too buy property. Real pickle they got themselves into.
@BowsacNoodle@dj@Frondeur@verita84@NonPlayableClown@ryan I’ve been following SHx for a couple months now. When I first found out about it, it was 7/10ths of a penny. It just shot up too 2 cents. Mark my words, the jews have some big plans for this token. I’m kicking myself for not throwing a couple hundred bucks at it last month. It just broke its all time high… IMG_9168.png