Economy The great housing market crash of 2022

Why does no one want to accept that the government's plan is to take everyone's homes from them and then rent them back to us.

"you will own nothing and be happy".

It's not even hidden anymore.

Exactly, as I mentioned, this trend really started to accelerate during the Pandemic as commercial realestate is losing value and/or not being rented out, as people work from home and small businesses were shut down and investment firms started looking elsewhere. I posted this in August of last year as this problem really started to get attention.

You even have media like bloomberg even pushing for us to be a rent based society https://www.bloomberg.com/opinion/articles/2021-06-17/america-should-become-a-nation-of-renters

America Should Become a Nation of Renters

Then you see moves like this:

As per CNN: https://www.cnn.com/2021/08/02/business/family-homes-wall-street/index.html

Wall Street is buying up family homes. The rent checks are too juicy to ignore

Reuters - https://www.reuters.com/world/china...rty-amid-shifting-political-winds-2021-08-11/

Global investors bet on China's rental property amid shifting political winds

CNBC - https://www.cnbc.com/2021/07/26/int...ousing-during-pandemic-china-rushes-back.html

International buyers dropped out of U.S. housing during pandemic, but China is rushing back

You can also see how many properties they have bought over the last 10 years here

https://www.statista.com/statistics...erties-purchased-by-chinese-buyers-in-the-us/

These are all trends mentioned in this thread that are inflating the market. So what happens when people have to pay more and more in inflation and are no longer able to pay the juicy rent checks the investors are now collecting... that means the investment is no longer profitable, that then means these investment firms go into the red, which then leads to a crash.
 
Holding onto that down payment right now in this market is they way to go imo. Stock market is way more liquid and adjust way quicker than the housing market.
The cost of rent being the same as the mortgage is fine. If you buy now though in an interest rising environment, prices are likely to start coming down soon. People still have terms locked in under lower rates and trying to get in before the rates go any higher so there will likely be one last push before the decline.

If you do buy and then your home let's say at 1 mil declines 10% to 900k, well you just lost 40% of your down payment of $250k and there isn't a ton of upside to increase that equity as prices can only go up so high.

This is why I personally would rent and invest as the market is already in a bear market and a lot of oversold companies that can give you way better returns.

This is generally good advice, its just that I'm not convinced the housing market will ever return to the way things were pre-pandemic (which was a sellers market already btw). For prices to drop, there need to be more sellers than buyers. So how does that happen?

Nobody is selling, nobody is defaulting (anytime soon), and while some buyers may get sidelined, they aren't just going to disappear. Since I'm in the trenches, I read about this stuff every week and all the chief economists for the major realtors (Redfin, Zillow etc) all say the same thing.... price growth will likely decline this year, but all that means is prices will still go up just not as fast as last year.
 
Nobody knows what's going to happen. Yeah, it will "eventually" cool off and then likely have a small correction at some point, but predicting when is difficult and very dependent on the local market. If I had to guess maybe in 2023-2024, but by then it's more then possible houses will be up 5-20% or more by then depending on location.

williamsburg-va-real-estate-crystal-ball.jpg
 
you are looking at the aircreet homes you dont "think" are safe and that you could not "find" on google that were posted in the very thread you didn't "read".

im done suffering a fool.

lol... You don't know what you're talking about. Aircrete is extremely limited structurally and mostly used as a superficial covering instead of brick and or siding. It has the benefit of extremely efficient for insulation while being fireproof. However, it's mostly useless as a structural base in most cases. Which is why most structures made entirely of aircrete look like igloos. Basically both concrete and aircrete are strong in compression, but have almost zero tensile strength and require rebar for these loads. But once compressive loads get high enough, like in multi-story structures, there's no way aircrete can support the loads. Just double checked load strength, Aircrete is can support around 100 PSI in compression, while concrete is typically around 3,000 to 5,000 PSI. Not sure how that'll work in earthquake areas or locations susceptible to tropical storms. But there's plenty of areas that have neither of these issues.

Yes, I'm an engineer and work in Industrial Construction. @EL CORINTHIAN is completely correct that a 3 story story structure made entirely of aircrete isn't feasible. It'll work with another material providing the required support. Similar to how there's 4" brick facia for aesthetics, with wood, steel or concrete providing support. That's why the large structures you posted are renderings, because no one is ready to use aircrete in those applications yet. I'm sure it's coming though.

That said, there appears to be decent future for it as they work out these issues. I imagine in places like Arizona, it would far superior due to its insulating and fireproof properties. Using it a lower cost pre-cast sheathing for large structures sounds promising, both for cost and insulation.

And congrates on being a typical douche when someone asks you questions... lol.
 
lol... You don't know what you're talking about. Aircrete is extremely limited structurally and mostly used as a superficial covering instead of brick and or siding. It has the benefit of extremely efficient for insulation while being fireproof. However, it's mostly useless as a structural base in most cases. Which is why most structures made entirely of aircrete look like igloos. Basically both concrete and aircrete are strong in compression, but have almost zero tensile strength and require rebar for these loads. But once compressive loads get high enough, like in multi-story structures, there's no way aircrete can support the loads. Just double checked load strength, Aircrete is can support around 100 PSI in compression, while concrete is typically around 3,000 to 5,000 PSI. Not sure how that'll work in earthquake areas or locations susceptible to tropical storms. But there's plenty of areas that have neither of these issues.

Yes, I'm an engineer and work in Industrial Construction. @EL CORINTHIAN is completely correct that a 3 story story structure made entirely of aircrete isn't feasible. It'll work with another material providing the required support. Similar to how there's 4" brick facia for aesthetics, with wood, steel or concrete providing support. That's why the large structures you posted are renderings, because no one is ready to use aircrete in those applications yet. I'm sure it's coming though.

That said, there appears to be decent future for it as they work out these issues. I imagine in places like Arizona, it would far superior due to its insulating and fireproof properties. Using it a lower cost pre-cast sheathing for large structures sounds promising, both for cost and insulation.

And congrates on being a typical douche when someone asks you questions... lol.
So it works really well in ots of applications then is what your saying....
 
So it works really well in ots of applications then is what your saying....

lol... You were insinuating that those large buildings were built entirely out of aircrete. Dude said that didn't look safe or feasible then you hemorrhaged and said google it.

I think your words were
"im done suffering a fool."

Yeah, ok. Whoops...
 
lol... You were insinuating that those large buildings were built entirely out of aircrete. Dude said that didn't look safe or feasible then you hemorrhaged and said google it.

I think your words were
"im done suffering a fool."

Yeah, ok. Whoops...

No I specifically made the claim that it would be a great home building alternative. It is that. And that claim is made in a thread about HOME prices.

Dumb and dumber claimed it would not work for building homes.
 
The crash is coming and we're ready to buy more homes when it does.

People can argue there's not enough homes but it doesn't matter if they can't afford them. Just like rentals. You can't rent for 3k a month when people are making 3k a month.
 
No I specifically made the claim that it would be a great home building alternative. It is that. And that claim is made in a thread about HOME prices.

Dumb and dumber claimed it would not work for building homes.
I said it doesn't sound safe dumb ass.

Just take the L my dude.
 
I said it doesn't sound safe dumb ass.

Just take the L my dude.
and you were wrong. totally. they are a very safe application for many residential uses. you were just being a cunt and looking for a fight for no reason. you still are.
 
What would he have done to fight inflation, other than cut taxes and pressure the fed to lower rates and make inflation worse?

50% of all our money have been printed in the last 14 months
 
50% of all our money have been printed in the last 14 months

Plus the whole energy crisis... as I pointed out, oil was under 50 a barrel under Trump, now it is more than double that (over 100). I simply don't get how these people try to act like any of this would have even happened under Trump, when it is clearly an energy crisis that Biden created through executive order on day 1 of his presidency, to get a "win" for the democrat base. "hahaaa, look at Trump's policies go bye bye, now let us show you the adults". Just over a year later now and the economy is shrinking with record inflation lol. Bunch of dumbasses.



It doesn't really get much clearer than that. This graph in the tweet is showing the increase from the "putin price hike".

But in this link, https://www.ttnews.com/articles/diesel-55c-378-gallon it shows the 52 week increase from just a couple days after Trump left office, Jan 26.. which showed it almost doubling, prior to the conflict with Ukraine.

"West Texas Intermediate crude closed at $86.84 on Jan. 26, and has traded in a 52-week range of between $48.45 to $87.95."

So when they say a Trucker is paying this much more since just the start of 2022 (1800/month), think about how much more they are paying a month since Biden took office. that is like $30k more per year per just a single truck. That is why there are supply chain shortages and/or the price of goods that are shipped overseas and then all around the country are going up.
 
Last edited:
Well you aren't doing a good job of explaining how it's safe besides "trust me bro there are 3 storey aircrete homes out there"

Also I checked Google. All im seeing are these gay ass dome shaped, shire looking houses. Nothing taller than a single level though.
bungalow-1.jpg


To add some; it isn't all soap bubbles. Some forms of aircreet contain fiber reinforcement (used for the larger & stronger structures).

It's been around for 60+ years in Europe & Asia, but the U.S. has been extremely reluctant to adopt it (partially due to the timber industry). It's legal in some counties/states, currently.

Also, it isn't free. It would cut construction costs vs. cinder blocks to about 1/3.
 
Plus the whole energy crisis... as I pointed out, oil was under 50 a barrel under Trump, now it is more than double that (over 100). I simply don't get how these people try to act like any of this would have even happened under Trump, when it is clearly an energy crisis that Biden created through executive order on day 1 of his presidency, to get a "win" for the democrat base. "hahaaa, look at Trump's policies go bye bye, now let us show you the adults". Just over a year later now and the economy is shrinking with record inflation lol. Bunch of dumbasses.



It doesn't really get much clearer than that. This graph in the tweet is showing the increase from the "putin price hike".

But in this link, https://www.ttnews.com/articles/diesel-55c-378-gallon it shows the 52 week increase from just a couple days after Trump left office, Jan 26.. which showed it almost doubling, prior to the conflict with Ukraine.

"West Texas Intermediate crude closed at $86.84 on Jan. 26, and has traded in a 52-week range of between $48.45 to $87.95."

So when they say a Trucker is paying this much more since just the start of 2022 (1800/month), think about how much more they are paying a month since Biden took office. that is like $30k more per year per just a single truck. That is why there are supply chain shortages and/or the price of goods that are shipped overseas and then all around the country are going up.

I still don't get the argument that the president controls the cost of oil and gas. The WHOLE WORLD is paying more for oil and gas right now. So you are telling me our president controls the gas price for the entire world?

As far as housing goes, Canada is making laws to try and help the housing market issue. Why can't we stop corporations or businesses snagging up single family homes?
 
I still don't get the argument that the president controls the cost of oil and gas. The WHOLE WORLD is paying more for oil and gas right now. So you are telling me our president controls the gas price for the entire world?

As far as housing goes, Canada is making laws to try and help the housing market issue. Why can't we stop corporations or businesses snagging up single family homes?

he signed an executive order on day 1 of his presidency to stop drilling on federal land. How is that not directly affecting the cost of oil and gas? lol

edit: I really don't think you could have a clearer example of cause and effect based on a presidents actions
 
Last edited:
The problem is the inventory is artificially scarce as firms are buying up a large portion of houses, they are buying these houses at these high prices thinking they will be able to rent them out at high prices. But if the economy is bad, people will not be able to pay these high rent prices, while also paying inflation. Which will make these big investment firms lose money as their housing investments don’t pay off as they had planned, which then in turn makes the stock market fall.
I’m actually a little surprised you know this. It is potentially disastrous for our future. It’s also robbing people of one of the chief ways people build wealth in the United States. It needs to be stopped but I don’t think either party is interested in it.

Interestingly, one of the things that won the people to Julius Caesar’s camp when he was struggling with the senate for power was the common people losing wealth and property to the elites. I’m beginning to wonder if we are not seeing history repeat itself.
 
and you were wrong. totally. they are a very safe application for many residential uses. you were just being a cunt and looking for a fight for no reason. you still are.
You said aircrete homes. The implication being that the entirety of the house is created with aircrete. Now you are saying "oh I'm just saying there are useful applications of aircrete" which no one disagrees with. It's not a building "alternative" if it's used for limited applications and can't replace concrete. It's a useful addition but it's not an "alternative" as you are suggesting.

Like would you build the foundations or any support structures with aircrete? No you fucking wouldn't and you probably won't admit it either. You realize my ignorant opinion wasn't completely unfounded and you just don't know how to say you're wrong.
 
You said aircrete homes. The implication being that the entirety of the house is created with aircrete. Now you are saying "oh I'm just saying there are useful applications of aircrete" which no one disagrees with. It's not a building "alternative" if it's used for limited applications and can't replace concrete. It's a useful addition but it's not an "alternative" as you are suggesting.

Like would you build the foundations or any support structures with aircrete? No you fucking wouldn't and you probably won't admit it either. You realize my ignorant opinion wasn't completely unfounded and you just don't know how to say you're wrong.


i said aircreet homes can be built way cheaper than traditional methods and made NO implication on any level as there are varicose building methods used for aircreet. you ASSumed a lot with a bad attitude because you are generally a toxic and unhappy person (cuntish) and i just let you keep sinking because its not my problem you cant read about a subject or ask clarifying questions before spouting off.

MANY homes are built ONLY with aircreet so even the first point is stupid and ignorant. Its a great alternative for MANY application.

you are sure lying (ASSuming) a lot about my position so you can fit your asshole responses into the data.

i feel sorry for you man,
 
I have completely given up worrying about stock market and home value fluctuation as I am now largely insulated. I understand a lot of people are not in the same boat though.

Our primary residence will be paid off in a couple years, and we have another small rental property that is already paid off. We have no trouble keeping it rented.

If property values go way down, it's not a problem. We won't sell and might even buy another property. In about 12 years when the youngest kid ages out of the house, we will wait for an up market to downsize. We are already talking about where we might want to live when we retire. If we can firm up a spot, we might consider buying our retirement home and renting it out if the market goes really south.

If the stock market plummets, I won't sell....I'll buy.

Stock market and home value fluctuation is nothing to fear. The problem is people don't treat it the same as they treat everything else. If Costco was having a 90% off sale, everyone would be running to the store. But when it's the stock market, everyone runs away. They are the ones having the sale.
 

Forum statistics

Threads
1,275,215
Messages
57,975,201
Members
175,889
Latest member
MEthzale
Back
Top