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Topic

Real estate prices, starting to rise again ？.

Housing
#1
  • 賃貸貧乏
  • mail
  • 2020/02/21 10:50

I've been saving for a down payment for a few years to buy a house in Torrance or thereabouts.

Last year, real estate prices seemed to have leveled off a bit, so I was wondering if they would go down this year, but I've been looking at SOLD prices for the past few months and they seem to be higher than before.
And when they go on sale, they are PENDING a week later.
Maybe it will still go up?

Even if I hoard downpayments, the price goes up and I can't buy it after all~.
More and more I can only buy in remote areas ~ （ Tears ）.

This text has been translated by auto-translation. There may be a slight difference between the original text and the translation. (Original Language: 日本語)

#1505
  • まるでドラッグ中毒
  • 2020/11/15 (Sun) 08:58
  • Report

Central banks around the world have low interest rate policies, and with the Corona aid money, there is so much money everywhere that there is a bubble of money flowing into all kinds of assets, including real estate, stocks, virtual currencies, and even sneakers. Who will be the first to stop this?

This text has been translated by auto-translation. There may be a slight difference between the original text and the translation. (Original Language: 日本語)

#1506
  • なんで
  • 2020/11/15 (Sun) 12:15
  • Report

↑ sneakers ？

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#1507
  • 低金利
  • 2020/11/15 (Sun) 14:59
  • Report

Even if you keep your money in the bank, inflation will only diminish its value, so money will still flow into gold, virtual currency, stocks, and real estate.
I think only the Fed can stop this, but I hear that interest rates are super low for the time being, so there is no sign of them going down at all.

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#1508
  • ぷっ
  • 2020/11/15 (Sun) 18:30
  • Report

This is not about low income.

This text has been translated by auto-translation. There may be a slight difference between the original text and the translation. (Original Language: 日本語)

#1511
  • インフレ
  • 2020/11/15 (Sun) 20:58
  • Report

The value of cash is going down.
If inflation is 2%, $10,000 will be worth $ 8200 after 10 years and $ 6700 after 20 years.
By the way, historical inflation rates were 5.7% in 1970, 13.5% in 1980, 5.4% in 1990, 3.4% in 2000, 1.6% in 2010, and 3.2% in 2011.

This text has been translated by auto-translation. There may be a slight difference between the original text and the translation. (Original Language: 日本語)

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