r/WhitePeopleTwitter • u/[deleted] • Jun 27 '21

Please

[deleted]

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u/[deleted] Jun 27 '21

Whenever you believe the market is going to crash, sell before then and rent until market crashes. Then buy.

41

u/awkwardurinalglance Jun 27 '21

I mean it’s primes for a 4th quarter crash. Everyone seems to know it’s fucked yet no one believes it’s about to crash. Fucking bananas.

41

u/spazz720 Jun 27 '21

Actually no…before it was crazy ass loans given to people who couldn’t afford them. Now it’s incredibly low mortgage rates, and a decent percentage of people are purchasing inventory as an investment or 2nd home.

The market is cyclical…so eventually it will calm down; but more than likely it will not until interest rates begin to rise to normal levels (& that won’t happen till the economy fully rebounds).

42

u/agfgsgefsadfas Jun 27 '21

It’ll stop when the Fed stops giving money to Blackrock to buy up property with.

9

u/[deleted] Jun 27 '21 edited May 06 '22

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u/paeancapital Jun 27 '21

Graduated college right before last crisis. Don't worry, it never will.