china controls 15% of the housing market
Threatens to sell off holdings
housing prices instantly drops 15%
hErEs WhY tHaT wOuLd Be BaD!!
I fucking hate boomers and their entitlement. Go fuck yourselves
China controls 15% of the housing market
please do it Xi
t. european
can you show me on this doll where these "boomers" touched you anon..? it's alright this is a safe space
Noooo please mr Xi, dont make housing affordable again for the average working person!!!!!! Dont do it!!!
you do realize the whole economy goes down with the housing market
thank you for holding space anon.
basado
you know that the treatments and surgeries to fix most life threatening illnesses are very unpleasant and painful, right?
Oh, that sucks! Guess it’s best to lay down and die instead
This. Same with stocks, young people have never been able to own stock in a company that isn't already trading at retarded valuations.
And then there are people like this guy talking as if a housing and stock correction will be the end of the world, as if we haven’t had major crashes every 10-15 years for the past 100 years
oh no, cheap houses for american owners! Please don't, mr. china
Selling 15% of the housing stock would lower prices by 15%
Who told you this?
Banks who issue MBSs transfer the risk to the buyer of the MBS. If the MBS-market crashes, wouldn't the banks need to raise the interest rates the home owners have to pay to hedge against defaults on the mortgages? Wouldn't that make purchasing a house even more expensive?
You do realise this risks collapsing mortgage lenders right.
See this is an example of actual short term pain for long term gain... if the resulting sold housing wasn't immediately scooped up by other foreign powers or corporations.
This lol everyone here is such a fucking retard
interest goes up as lenders cover for risk
housing prices go down as less lenders can afford to make mortgage payments
people who were able to hang on to their jobs and who have a decent amount of cash are able to buy a house
Yes, that is indeed how the housing market has worked for 70+ years and will likely continue to work for another 70 years. Short term pain for long term gain is a necessity for an economy to function. Bubbles need to be popped from time to time and it isn’t pleasant
How does a domestic landlord owning housing stock benefit me more than a foreign landlord owning housing stock?
You do realise this risks collapsing mortgage lenders right.
that's how china got those houses to begin with.
>china is going to sell
so ... i can afford a house now? nice
how about we just seize Chinese assets. id love to see them come take it back.
could have a presidential address and be like : retarded chinks are selling our houses trying to dump the market be calm, fuckem they remove 50% of their bargaining power if they do but if they do sell it means notheing to everyone , point and laugh at chinese cucks and if you want a cheap now house now you can buy one.
its that simple. just adress their potential retardation
totally won't cause panic yes
mutts are this retarded wtf
DO IT
DO IT
DO IT
some libs make a mountain out of a turd , 15% ... kay. so people selling their houses would get fucked . price drops as the market is more liquid but the government can seize their property and hold them and sell them pretty sure trump signed a thing about the usa able to hold assets that applies to more than just crypto
they could literally just sell them slowly , your issue isnt an issue if you think of simple solutions to fix these issues . usa should ban all Chinese companies from property ownership in the usa. chinks have never been friends and they never will be .
the government is going to take liberal houses and then sell them slowly so the market does not crash
peak migtard golem
shit this is awesome
yes.Anon Babble is retarded. China sending the 10 year soaring is going to RAISE mortgage rates, dumb dumbs. Housing will be even less accessible to you retards
Boomers would lose equity and their line of credit or reverse mortgage retirement fund would get margin called. The millennial's who recently took out a mortgage would instantly default on purpose because they won't pay a $100k loan on a house that's worth only $60K. Morgage backed securities yields would moon and so will bonds, Crashing the price of bonds Morgage backed security yields would moon due to investors demanding more interest for taking on more risk, this will cause the bond market to also increase yields to stay competitive because in finance bonds and MBS are considered equal. This will raise interest rates causing anyone who hasn't defaulted yet to paid even more on their monthly mortgage payments. meanwhile hedge funds and china short the entire market.
Reverse mortagages are always a fucking scam. Why would you loan yourself the equity of your house only for when the market plummets every 10 years and you're forced to sell it to your servicer.
It seriously should be illegal
Oh no not the poor mortgage lenders! How horrible!
wtf why is my poorly designed kike system falling apart
natural selection
Nigger
You're right the companies that own these buildings would rather see them boarded off and kept vacant rather than sell them at a loss willingly.
happens meet nothing
Boomers are too greedy to touch anyone for free, theyd say pull yourself up by your bootstraps and touch yourself. And give yourself a firm handshake while you do.
Selling securities, not the actual houses. This is the bonds issue that got trump to cuck out. Interest rates go up, making it more expensive to buy a house or finance the US debt
I am literally fine with this.
Why are foreigners without citizenship allowed to buy houses or land to begin with outside of commercial/industry zoned lots?
That's not how MBS's work.
Non Chinese investors would just slurp them up wouldn't they?
The Fed would buy them like they did in 2009
good. Outside parties are the reason housing is so expensive in the first place.
not the "economy"!