Parcl

anyone saying the housing market can’t crash because there’s too much demand waiting on the sidelines doesn’t understand what they’re talking about houses won’t go down in isolation. that’s not how this works. it will be caused by a chain of events that brings everything down together. hyperinflation, cost of living spiraling out of control, mass layoffs etc and we’re already seeing this now when someone loses their job they’re not thinking about buying a house. they’re worried about paying rent and putting food on the table. that “demand” people keep referencing disappears overnight when the economy collapses. it’s easy to say you’ll buy the dip when everything is stable. what people say and what people actually do when shit hits the fan are two completely different things the demand isn’t real. it’s theoretical. it’s people on reddit saying “i’m waiting for a crash to buy” who will be too terrified to make a move when it actually happens because their 401k is down 40% and their company just announced layoffs we are in the end game right now. the housing market isn’t going to crash on its own. everything is going to crash together. and the people who aren’t preparing for it are going to get wiped out

Usually the best time to buy something is when everyone else wants to sell

Do NOT buy a house Unless you're a billionaire Rent for now Wait for a 2008 type market crash to buy ur 1st house You'll thank me later.