More like $4,500

@NipseyHoussle Alternative is $2k rental or increase the down payment. Housing isn’t getting cheaper to build. This next liquidity dump will make it almost unattainable for all.

@huskerrx I would argue housing is and will get cheaper to build. Not by much but by a noticeable amount on a $/sqft. I also think rent deflation removes more of buyers sense of urgency to “buy before rent goes up again” that came out of nowhere the last few years

@NipseyHoussle When I was your age....I went to work to buy a home. Not complain about prices and do nothing for myself.

@Wayneth9 Y’all could learn a thing or two from Wayne

@NipseyHoussle The Fed/RBA/ECB will all panic and cut rates. The bond market has been screaming “policy mistake” via inversions since April last year. They bet trillions on being right the above nothing. They will suddenly discover their “mistake” it was a supply side shock and cut.

@TheTuckerTalk I think they thought and still think it’s mostly a supply side shock but they (the fed) felt they ran out of time for it (the supply side shock) to sort itself out

@NipseyHoussle Most young people I speak to don't even want a mortgage. I don't blame them . There's nothing particularly inspirational about paying off debt for 30 years just so someone else can make a nice profit .

@NipseyHoussle “ convinced there’s somebody out there who wants to take on a $3,500 mortgage to buy it from them.” I want to know the demographics of people taking on a 7% mortgage.

@NipseyHoussle I wish prices were going down significantly, I'm literally in the process of buying a fart box for lots of $$$. Look at prices 10 years ago, then 10 years before that, then 10 years before that, then 10....... you get my point.

@NipseyHoussle The greedy developers, right?

@NipseyHoussle Hold the horses! Someone is on the other end of a real estate transaction I always thought all the gains came from pixies fairies using magic. God forbid the last 15 million home sales miss out on the magic!

@NipseyHoussle Never heard someone say it this way before.

@NipseyHoussle Then just buy with cash, problem solved.

@NipseyHoussle Except in South FL where like 1/3rd of the deals are all cash Northeasterners. A few years back, the secret was to borrow against your investment broker account at LIBOR + 0.25% (~2%) which show-up "cash buyers".

@NipseyHoussle That’s

@NipseyHoussle @MattStirner maybe they just like where they live. older people are staying in their homes as long as they can.

@NipseyHoussle But hoomz only go up!