House prices will fall (late Gen Z 2006-2012) will do good

[FiendFiend]

If your born in those years I have good news for u. By the time u enter the workforce or are in ur 20s, the great transfer of wealth will be at its peak. Millions of properties will be put up for sale cuz it will be inherited - considering if more deportation policy is popular too, u could expect to see house prices plummet even more. I expect at minimum house prices halve.

U guys should lean off ur parents and save up for when this happens. Attempt to buy a home or get a mortgage at a flat rate. So over if ur not late Gen Z. My condolences

 

[eyemax]

nah investment companies gonna buy them and make everyone rent

 

[FiendFiend]

nah investment companies gonna buy them and make everyone rent

what if that doesnt happen and u just look like a retard. Prepare for worst and best case scenario lol

 

[eyemax]

what if that doesnt happen and u just look like a retard. Prepare for worst and best case scenario lol

im not in my 20s yet jfl

 

[OldRooster]

Home prices in most areas of the US are too high, and will eventually decline. I am not certain of when, but now seems like a likely time. They are not going to come down 50%. They will fall 20% at most. I expect average decline will be about 12%. Obviously the decline will vary by market, Austin has already declined more than 20% from peak because Austin increased an insane amount during the pandemic. Too many homes are owned free and clear by boomers like me, and the home with mortgages are at very low interest rates, so there will be no foreclosure spiral pushing down prices like there was in 2007.