Why The Housing Market Must Crash

I spent 30 years in real estate. She’s not wrong.

About Hammers Thor

Advocate for decentralization and freedom. https://hammersthor.substack.com
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173dVietVet
173dVietVet
2 months ago

I had not see Patriot Nurse for more than a year. Thanks for putting this out. Glad to see her again as she shares her sound ideas with the masses, as usual.
She is absolutely correct that housing market will crash much like it did in 2008-2009. I think it will be different this time because the citizenry is much more tuned in on guvamint chicanery and bankster connivance. The Sheeple will just not tolerate bailing out banksters !
Trump may, by fast tracking energy production, the effect of lowered taxes, the DOGE savings/eliminations of departments, plus removal of illegals help avoid a severe downturn. His programs may be able to soften the crash by reviving the jobs needed to increase wages and production.
Time will reveal all…….

Dustin2a
Dustin2a
2 months ago

She’s on point. Thanks for sharing this.

towasi
towasi
2 months ago

Team Renegade. Let me take you back in time a bit if I may- something, something made me hold on to this now for 9 years now and I think you’ll see why. I do not endorse Mike…don’t dislike him, just not an endorser. I just think this is a home run. My awakening began about 20 years ago…this would’ve been midstream, figuratively. Nothing else have I held on to this long save something deeply scriptural.
https://www.naturalnews.com/054857_rigged_elections_fake_media_fairy_tales.html

strider777
strider777
2 months ago

I am 75 years old. I have spent a life time watching the extremely rich elite in this country – whose greed, avarice, and destructive globalist economic policies knows no bounds – systematically loot the middle and lower classes for decades with usurious high interest rates and crippling taxes. And, at the same time, they went about destroying established economic pathways and opportunities to enjoy the same decent standard of living that previous generations of Americans enjoyed. Was it not the globalist elite and their bought and paid for politicians who destroyed America’s vast manufacturing industries? And, unfortunately, the situation is getting more worse and more desperate with every passing year.
Present economic conditions, especially for younger generations in America, are miserable. This is the kind of situation that leads to revolutions. Think the French Revolution; think The Hunger Games. Desperate people do desperate things.
I think she made a lot of very valid points.

kal kal
kal kal
2 months ago
Reply to  strider777

Triple 7, like yourself, on the marble for more than seven decades and watched the same show. The essential problem as Pat Nurse say the emasculation of the American male has rendered us a population of males unable to bring forth a righteous revolution, but an alpha’s darkest dystopia. Too many animals out there. I think we can only hope for a monumental crash and hope to rebuild pockets of decency and lawful havens. Destruction of those home robbing corporations means the destruction of the US economy and mindset. Remember those same three arms of the same animal are most people’s retirement accounts today. Don’t dare to upset the applecart.

Last edited 2 months ago by kal kal
Magrit
Magrit
2 months ago

Younger adults have many things working against them when it comes to buying a house. First, they are poorly educated in govt schools, as well as higher Ed, thus they cannot get employment with an income to qualify to purchase a home.
Then if then do find an over priced property that they want to buy, many cannot afford the property tax, insurance and utilities.
all of these issues are caused by overspending by government. Federal , state and local. Wake up and stop the madness. Stop voting for these worthless politicians, all of them GOP and dems, want endless wars and big government healthcare free for everyone including illegals. They are the problem.

kal kal
kal kal
2 months ago
Reply to  Magrit

Stop voting as that’s just a clap trap. The lauded ballot box has long since been broken up for firewood and burned, only way out now is the final box, period. More of the same or a similar flavor will only lead to the same end. We will not vote our way out of this at this late chapter, the Great experiment, went sour and will never return. When one party is publicly calling for other’s blood, (dems say their constituent want blood) the grasp on the clacker is just a moment away.

Joe Blow
Joe Blow
2 months ago
Reply to  kal kal

I too believe we have reached the point where its just circling the drain. If by nothing else, the gibsmedat army will hollow everything out like a cancer. They will NOT be giving up their free-shit, they earned it (lest anyone doubt – you can actually have a conversation about reparations with someone who doesn’t even know what a cotton plant looks like).

General 'Buck' Turgidson
General 'Buck' Turgidson
2 months ago

It will crash hard outside of the major cities–it will go to the floor in the po-dunk areas like it did some years ago. Here in our urban area, we hardly noticed a blip in our real estate prices because of the heavy demand for housing in our affluent area. Three is zero demand in rural areas–like in Idaho, where if you bought land/homes at inflated prices in the last 8 years, you are going to be in for a massive shock and you will be underwater in mortgages and loans assuredly.

Joe Blow
Joe Blow
2 months ago

Look at real estate prices in the DC area since DOGE started eliminating useless jobs.
When the do-nothing government handout jobs evaporate, and they will, what good is the gender-studies basket-weaving degree?
Cities are going to turn into black and brown section 8 warzones, even the brownstones will be worthless (nevermind commercial property values).
THEN all the derivatives linked to the real estate goes to zero, and you’ll get a full on collapse. Its a compounding problem they’ve all been trying to kick down the road. 37 Trillion says I think we’re out of road.

DWEEZIL THE WEASEL
DWEEZIL THE WEASEL
2 months ago
Reply to  Joe Blow

^^^This^^^. It’s only a matter of time, which is running very short.

DWEEZIL THE WEASEL
DWEEZIL THE WEASEL
2 months ago

I would respectfully disagree with your take on real estate prices in Idaho. Here in Kootenai County, the corrupt cabal of contractors, developers, realtors, and their useful idiots in city and county governments have blighted the rural landscape from the Inslee Land state line to the Little Portland City limits. In the ten years that my native Idahoan wife, stepdaughter, and I have lived here, housing tracts have taken over alfalfa fields and other vacant land until Hell won’t have it.
Rathdrum, ID just north of us is the fastest growing town in ID. Most of the buyers are escapees from suburban Blue Hives who have cashed out their homes to filthy rich Prajeet or Chinese techies, taken the money and split. Fortunately, most of these whites are conservative politically and have seen what hell is like living in the promised utopia of the Socialist-Abortion Party.

Wylie1
Wylie1
2 months ago

Don’t remember details but there was a time when locals, somewhere in your area, drove around town in pickups full of armed patriots just waiting for Soros paid trouble causers to show up. What a beautiful sight.

DWEEZIL THE WEASEL
DWEEZIL THE WEASEL
2 months ago
Reply to  Wylie1

That was a few years ago when ANTIFA from Inslee Land threatened to torch downtown Little Portland (Coeur d’Alene). The sidewalks were full of armed locals and the two carloads of Commies turned tail and ran. The leftist city council had to eat humble pie and congratulate the citizen militia.

kal kal
kal kal
2 months ago

The three arms/tentacles of the really one big company must be destroyed to bring about correction, Patriot Nurse has it right. Except in the statement about recession. We left that and we are in a “hushed” depression which we entered during the final stages of the bidum administration, right now. Those job number were also revised downward though 15 of the last 17 months of that same admin.

Patriot_One
Patriot_One
2 months ago

Burn in down. Burn it all down to the ground. Face it if you don’t have a house by now and you’re under 30 you’re not getting one unless the market collapses. I cheered during the last financial crisis not because of the good people who lost their jobs but because of the mortgage companies, car dealers, and realtors when went down with the ship. Three class of people I despise. I was in Walmart when all the layoffs hit during the financial crisis and you could just see the shear panic on peoples faces. Good thing there was unemployment insurance. I recall seeing a realtor’s sign posted on a fence along a major road by my house and it made me smile everyday as it faded away.

We talk about it as if its 2007 again. We should be so lucky. Today we are facing WW3, commie civil war, or some new plandemic those white coats over at Chapel Hill are cooking up. As much as I’d like to see another banker, car salesman, or realtor eat crap my mind is occupied with other things.

Quatermain
2 months ago

An economy is like a forested ecosystem. Over time it stagnates and starts to decay which shades out most understory production. It is a state of increasing decay and useless overstory biomass; until it burns to the ground. Then and only then it can rejuvenate and begin to grow productively again..