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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)

#50
  • 夏風邪だから?
  • 2020/03/14 (Sat) 11:49
  • Report

It is now late summer in the southern hemisphere, but the number of cases of the new coronavirus is increasing.
It seems that it is not true that the number of infections decreases as the weather gets warmer.

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)

#51
  • REITが軒並み下がっている
  • 2020/03/14 (Sat) 21:52
  • Report

It will start to drop around the tourist areas and shale oil producing areas.

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)

#54
  • 不動産バブルが爆ける
  • 2020/03/16 (Mon) 01:53
  • Report

I'm sure we'll see an increase in rent and loan delinquencies in April.
The March jobs report is too frightening to be released.

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)

#56
  • 生活
  • 2020/03/16 (Mon) 09:24
  • Report

# I am amazed at how many people can't even pay their rent or mortgage after being out of work for 1-2 months.
I guess they can't afford to lose the quality of life they have acquired no matter how much trouble they are in.

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)

#57
  • 50%のアメリカ人が緊急の500ドルも捻出できない
  • 2020/03/16 (Mon) 09:27
  • Report

Although not triggered by the economy, it is very closely related to the real economy: movie theaters, events, restaurants, air tickets, hotels, cruise ships, and even parents taking time off work due to school closures. Compared to the bird flu and swine flu, globalization is much more advanced, and China's share of world GDP is more than 20%, so it can't just be an event on the other side of the river as Trump says. Older people who are retired with a high percentage of assets bought in Bond when affordability was low will not be affected, but if the loans held by rich people who recently bought in areas with good school districts become underwater than the value of their homes, they will be affected. Working generations will be reluctant to spend because their bonuses will be reduced and asset prices, such as stocks, will be greatly reduced.
It will be at least a year before the vaccine is actually available to the general public at the earliest.
However, it is still too early to be pessimistic and impatient, and the S&P500 is still higher than it was at the end of the last crash in 2018 to January 2019.

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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