"Home prices will never go down" - flawed statement. It doesn't matter if you want to hold on to a real estate in anticipation of 10-15% increase per year. The market plays by different rules when market heats up a lot. Double digit growth in housing market in unsustainable and unhealthy. Just like stock market, too much buying is followed by correction and drop. "Home is a long term investment, I am never going to sell" - works well until recession kicks in and job cuts come into the picture and then the whole scenario changes. People won't be able to make monthly payments if they don't have a job. "Housing market will keep going up as there is less supply in the market" - flawed the party started because the seller knew they could buy a better property at the same monthly payment they did earlier. Redfin and Zillow is fooling by showing charts of dropped housing inventory. In the current environment the seller is not ready to sell when they are locked in at 2.5% rate and buy new house at 5.5% rate. The buyers are not ready to purchase due to crazy asking prices and interest rates. "Crypto is the future of payments" Crypto is a fool's paradise. Why is anyone buying a digital currency if you just want to hold it as a investment and not spend it? That's not why a digital currency was created. The crypto bubble will burst with crazy consequences, similarly NFT craze will drop down. There are more than 4000 crypto coins in the market and 99.999% of them are crap! Inflation correction measures is FED's top priority. Few more hikes and companies will have tough times to raise money for their activities, loss of sales as consumers avoid hefty purchases, travelling and spending huge sums due to inflationary price ups, etc. Less spending will cause less sales, job cuts and resulting drop in all bubble assets. We are already seeing drop in TC due to market correction, less money for secondary purchases, but more money being spend due to inflation. This is not a normal monetary scenario. Inflation cannot be corrected without recession. We never know what will cause the next recession but the anticipation of fear is more scary than the fear itself #misc TL;DR speculation-driven price growth and overvaluation in housing, stocks and Crypto will come to end with interest rate hikes
No one really knows what’ll happen
Question: “which bear is best?” That’s a ridiculous question- FALSE. Black Bear. Well basically, there are two schools of thought- Fact: Bears eat beets. That’s not- Bears. Beets. Battlestar Galactica.
Thank god for Bitcoin.
Anyone still shilling Bitcoin as a technology for any purpose other than gambling is delusional.
I am here for technology lol ...hodl to the moon...crypto is scam...just stay away
That’s a foolish statement, there’s no need to shill anything, but bitcoin clearly solves a problem no other technology can.
People always have to live somewhere, including you. Just don’t be a dummy and spend too much on your mortgage
Which excludes pretty much everyone in the bay. Mortgages are huge compared to last recession. It will be brutal
OP- can you tell me what you’ve been smoking to get such good thoughts out of that beautiful mind of yours!
UWOM24 said it first.
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Modi is the worst dictator!
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I am starting to think Chinese interviewers currently fail non-Chinese candidates on purpose.
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Cute girl on the floor
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Rabbit R1 uses android under the hood
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Update: Trans Coworker Stealing Breast Milk
TLDR: No TC and OP is salty use me as a dislike button