Housing Bubble Disrespecter🏡🫧🚫
@NipseyHoussle
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Make America the Vibes Again
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Single family home investors when they win another bidding war against a young local family
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Many such cases
Neighborhoods of boomers holding onto their hoomer lottery tickets to see how high they go
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No Cramer jokes today. Fuck cancer fr
Celebrating my daughter beating cancer with an extra-special Lightning Round
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Imagine being a boomer that has it so good you think somebody is going to retire by saving $100 a month.
9/10 boomers advice should be ignored.
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Doesnt look like a unique stay in a tourist destination looks like something a young family should be building a life in
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@benhbader
I agree but there’s also more to life than selling info products so you can rent a super cars in Dubai
I think you may both be in the wrong here
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I know a VC who invest very early and (not by an official written policy) only in young bros 18-28 who come from moderate levels of money.
He said the biggest determinate of success that he’s seen (doing it since 90s) is founders having a substantial safety net to the point
Entrepreneurship in a nutshell.
So many folks start life on 3rd and think they hit a triple.
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Y’all thought you locked in a low rate but you actually just locked in a high price 😂
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@thechosenberg
has a few options.
1. Influencer of some kind. Maybe he can be a “my life sucks” influencer and document how shitty it is
2. Artist. It’s never too late to start doing something with wood or whatever
3. Trades
4. Maybe CC fraud then off to a foreign country?
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Carvana was offering 25k for my car a month ago. Was looking around today, offer is now 17.
Housing next.
RIP those people who paid 90k for a 45k bronco using a heloc lol
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What’s the principal residence exemption database in your state?
Might just need to automate this. For the people 😈 .
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Single family home investors when they get outbid by a young local family for a home in the town where the family works, lives and goes to school
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If you want to experience what it was like to be upper middle class 30 years ago then get a 200k USD remote job and move to Europe
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Instead of just going after investors who were buying 50% of homes or people buying their 2nd/3rd home they’re going to punish people with good credit who are buying a primary residence
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Hoomers when you submit an offer that is less than 500% more than they paid 6 years ago
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The people are asking questions
Not a good sign for your zestimate
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Realtors trying to convince you it’s 2021 again
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Please god make the flippers lose everything 🙏
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Just book the Airbnb, then cancel last minute the day before the cancellation policy expires, then rebook after they drop the price
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currently writing a script that will scrape Zillow listings for the agents email then use chatGPT to generate a fake lowball offer letter which gets emailed from a fake email address.
When the realtor replies, chatGPT replies back with an even lower offer.
Become ungovernable.
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@Austen
I think elon is probably enjoying the software company schedule where you can push to production in a few hours vs hardware cycles at starlink/Tesla/etc
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Not my problem 😇. Enjoy your passive income
PSA:
Put in your lease that tenants cannot flush "flushable" wipes
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Mom and pop landlords getting ready for YOY rent declines for the next few years
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Realtors had a good run
Time to learn to code
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Okay
Im sorry
But
nobody is gonna convince me “it’s different this time”
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Would rent it out on Airbnb for passive income
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Literally 0% chance of this occurring
US home prices are set to increase more than 6% in the next year, per Zillow.
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Boomers in the housing market right now
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@OnlyFansPostinL
The chances a zoomer can find a gf/wife who WAS NOT a hooker is lower than any previous generation in history
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A big reason home prices ran up was because of a tech bull run + wfh that allowed very well paid people to move to anywhere and outbid locals
That trend is reversing HARD.
Lots of layoffs in tech. Very few are hiring remote anymore. Hybrid by default.
There is nobody who
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So many people in shitty boomer fart box homes who have a $1,500 mortgage but are convinced there’s somebody out there who wants to take on a $3,500 mortgage to buy it from them.
This is the year.
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New rule:
No home with 8 foot ceilings is worth more than 600k
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Airbnb hiring economists to assure people they aren’t contributing to higher rents and home prices has the same vibe as when cigarette companies hired scientists to assure us they don’t cause cancer
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@thechosenberg
Is the implication it’s hard to work on the train? Or that she’ll get robbed?
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Boomers when a zoomer sends them 78% of their paycheck for rent
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Landlords who start showing the apartment while the current tenant is still in there are lame as fuck
Should be a law against it.
You’re paying the full normal rent for the month, you should get full normal use.
Their vacant/turnover is not your problem.
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2023 is a tipping point:
For the first time, the 65+ population outnumbers the under-15 population.
New projections from the Census Bureau suggest that, by 2100:
* 65+ population will be 51% of the working-age (15-64) population
* Under-15: just 24%
#jbrec
#demographics
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@PaulSkallas
I agree. Very skeptical of the whole “I lost weight in Europe because the foods better”.
Maybe. I’m open to the theory.
But you did also do 25k steps a day.
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Hot take:
Warren Buffet is sus. Why is this guy always doing PR about himself on how he’s so nice and innocent just eating twinkies and drinking cokes?
Innocent people don’t do endless PR like that
Warren Buffett drives 5-minutes to work every day. There is a McDonald’s on the way.
He eats a breakfast McMuffin based on if markets are up (Bacon) or down (Sausage).
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“This was me 3 years ago before Covid. I was unhappy, working 40 hours a week as an Uber driver. Today? I own 46 rental units and were looking to build a resort in montegomeryville Michigan. Learn how you can be a financial genius too”
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Me and team after cancelling the Airbnb last minute then rebooking the same Airbnb after the host cuts the price
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“The zestimates on this website are not real”
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@ATRightMovies
Doesn’t him doing all the stunts just make the movie more expensive without adding anything to the final product
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You’re going to see these posts daily for the next 24 months. Trust me.
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Rent deflation is going to surprise SO many people. Particularly in zoom towns.
Will say it again: “2021 was a bubble for rents”
I’ve posted this one before but I just saw they reposted on Craigslist today.
I’m telling you we will see MAJOR negative rent numbers 2023-2024
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People who bought a lake house before March 2020
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Seeing lots of sub-$1M homes that are, potentially, overpriced by 2-300k in terms of market clearing price.
The number of people with appetite to buy a 700-999k+ home at 5-7% interest is really dwindling.
It’s not going to cash flow. You either need to buy cash or 50% down
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@LennyLongShoes
Allowing families to buy homes to live in with their capital is not Marxism
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Me: home prices peaked and it’s downhill for many years ahead
Boomers:
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First thing I look for when renting
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Imagine being his neighbor but you can’t move because you have a 2.5% golden handcuffs mortgage
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I suspect her biggest lesson has yet to be learned
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The pandemic fucked the world up so bad
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“You’re wrong” 😂
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Imagine if housing was only 10% of your income instead of 40%
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Nobody likes realtors other than realtors
They’ll be hard pressed to sway the public on this one
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Europoor wages are wild
No idea how they survive
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Boomers are the ACTUAL gods chosen people
High interest on their savings and they can go cruise into retirement working part time as a Walmart greeter for 25/hr
These people can’t lose
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What it feels like to outbid a young family for a single family home and then turn it into a rental
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Mortgage brokers telling FTHB they can just refinance in a few months
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If all you have 20 years from now is 1M, you’re probably going to want to off yourself lol
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Turn on, tune in, drop out of the American housing market
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