Homes dont sky rocket because of rates. They sky rocket because of demand and peoples willingness to overpay. Low rates may increase sales but not for ever. As people buy their homes they get out of the market. Inflation raises cost to build, tjat raises prices, low inventory, that raises prices. But still, people are too willing tonpay too much.
I think that if and I say a big if, they start deporting tens of millions of people out of this country not only will real estate prices start dropping I think the carbon dioxide gases will start dropping!
I know exactly what happened. While doing some work for one of the actor Jack Nicholson's
former girlfriends in North San Diego county around 2019 just after I sold a house,
we started comparing notes on conspiracy theories and I've got to hand it to her she kept up with me pretty well.
She told me about one of her neighbors around the corner and that they had been offered 1 million for their roughly $400,000 home if they were to leave within 30 days and the owners of the house looked at each other thought it over quickly and said yeah we'll take it.
So the corporation and my hunch was one of Black Rocks or Vanguards, renovated the property and then put it back on the market for $750,000
I then ask this lovely lady why would they do that? She replied I have no idea and then it dawned on me that this was a tactic they were using to spike the real estate appraisals and the interest rates at that time because of the money I just put in this bank was 001%, virtually nothing.
Multiply this tactic by hundreds if not thousands of homes in key areas across the country and it was an easy way to trigger the spike in real estate values.
Homes dont sky rocket because of rates. They sky rocket because of demand and peoples willingness to overpay. Low rates may increase sales but not for ever. As people buy their homes they get out of the market. Inflation raises cost to build, tjat raises prices, low inventory, that raises prices. But still, people are too willing tonpay too much.
Deport millions of illegal and “legal” turd world parasites and demand will return to normal, as will prices.
Immigration is the root of almost every problem the White Christian Civilised World is facing.
This is true and I've been saying this for some time now.
It’s hard to understand how people just don’t get this simple fact.
I think that if and I say a big if, they start deporting tens of millions of people out of this country not only will real estate prices start dropping I think the carbon dioxide gases will start dropping!
I know exactly what happened. While doing some work for one of the actor Jack Nicholson's
former girlfriends in North San Diego county around 2019 just after I sold a house,
we started comparing notes on conspiracy theories and I've got to hand it to her she kept up with me pretty well.
She told me about one of her neighbors around the corner and that they had been offered 1 million for their roughly $400,000 home if they were to leave within 30 days and the owners of the house looked at each other thought it over quickly and said yeah we'll take it.
So the corporation and my hunch was one of Black Rocks or Vanguards, renovated the property and then put it back on the market for $750,000
I then ask this lovely lady why would they do that? She replied I have no idea and then it dawned on me that this was a tactic they were using to spike the real estate appraisals and the interest rates at that time because of the money I just put in this bank was 001%, virtually nothing.
Multiply this tactic by hundreds if not thousands of homes in key areas across the country and it was an easy way to trigger the spike in real estate values.