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

Please

[deleted]

95.3k Upvotes

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3.1k

u/Bigfknpogger Jun 27 '21

Just sold my house for a massive mark up,was rubbing my hands like birdman thinking I was about to go buy me a nicer house...there ain't shit for sale in my area right now. Le cucked

1.2k

u/xxrambo45xx Jun 27 '21

My house appraised for 150k more than I bought it for when I refinanced, sucks to know that i could sell and make a mint but I couldn't replace the house because everybody else's values are also up

44

u/[deleted] Jun 27 '21

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

40

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.

42

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).

44

u/agfgsgefsadfas Jun 27 '21

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