Stock Market/Investing/Day Trading/Speculative Trading Thread

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@RedSavage Housing construction never really went back to normal levels after late 00s crash. Now we've got a generation that's finally in a financial position where buying a house is feasible (about a decade late), but construction of new housing units is so far behind that there's probably no real chance of it catching up. Welcome to the new normal.
Yep. We are nowhere close to where we need to be on new housing starts to meet demand. Covid has not done us any favors either.
Even after rates go up it will take a bit for inventory to catch up.
Even then, it will take years to even get close to where we need to be, IMO.
 
Pissed at myself. Was looking at some SPY puts, watching 415 strike for Friday, big open interest, saw some activity on the twitterverse, especially a key level break...broke level, didn't buy. Could have got in at .6 was up to 1.9 a contract.
 
RIP stonks

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And may I ask why the fuck the real estate fund I own is down so much when home prices are soaring? 😡
 
talking about the real estate market bruh

didn't drop at all in 2020, total opposite



Housing Market hasn't had a drop since 09, longest period in US history without a drop.


Bubble city
My bad, I read "Market hasn't dropped.." and didn't read the message prior. Is that true though? Outside of 2008-2012, when was the last time aggregate home prices went negative? 1990? The 70s? I feel like there had to have been a way longer run than the last. Either way, yeah...home prices are shitty.
 
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Really would like to upgrade our housing situation as well. Especially moving closer to one of the private golf courses in Lincoln.

But I'm going to hold some down payment cash and hope this market has a blip at some point and some of these people in big mortgages don't make it. Feels like a really bad time to buy right now.
 
My bad, I read "Market hasn't dropped.." and didn't read the message prior. Is that true though? Outside of 2008-2012, when was the last time aggregate home prices went negative? 1990? The 70s? I feel like there had to have been a way longer run than the last. Either way, yeah...home prices are shitty.



Here is the bubble as of June 2021 and it’s only gone basically straight up since then.

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