Is the housing market about to crash?

Is the housing market about to crash?

Attached: 1589763892550.jpg (712x635, 121.19K)

yeah

dont know dont care take your eceleb bullshit back to twitter faggot

Unironically yes. Especially in Los Angeles. Brilliant move by him honestly

>billionaire business man selling his homes
>eceleb
Kys

I bet he is buying Tesla cars with the funds. If he squeezes one more profitable quarter the etfs have to buy 40M shares.

this should be proof enough that the housing market is going to crash. I wonder who else is selling their mansions?

Why do they always own so many houses? He had 2 in the same fucking neighborhood come on

okay but say there is someone like me FSA who has a bunch of sweet liquid, decent credit how do I come up off someone getting booted out of their shit in LA? foreclosure auction? what is the word on rent moratorium in LA?

No he’s just a kook because

nah my co-workers on unemployment are spending their 10k handout on new homes. not lying either.

>idolizing elites aka ecelebs

ngmi woman

LA is a shithole, I lived there for 10 years and glad I left. Never buy anything there it's all worthless.

Partly for privacy reasons so he doesn't have people coming up to his house and peeping in on him and stuff. It happens to famous people (he mentioned it on the latest Joe Rogan podcast).

you left because you can't afford it brokeboi

He's just following through on his word

I moved to a better state with less shit on the street and shanty towns

>I moved to a better state
no you didn't sour grapes

Yea LA and NYC are going to get decimated in the coming years. People can work remotely. Why would they pay 4 grand a month for a tiny box in a concrete jungle, rampant with diseases and niggers

>paying L.A. and California taxes
>willingly

Protip: taxes are going up because most of the world is unknowingly now full of broke, failed states.

what's going to be his tax liability for liquidating so many assets.

He’s just selling in order to buy more GHOSTS

It should in july

wouldn't be completely surprised if all of this was to stash his funds somewhere where Grimes can't touch it

Retards spit about California like they even know what the fuck they’re talking about.
It was great 20 years ago. Now the price doesn’t justify itself. It’s dirty and filled with cocky ass liberal minorities. No thanks.

Finally someone said it

CA sucks, libcuck

His company is running out of money. Billions went into a chink factory that is bound to fail as US and China relations may come to a halt. He's not selling because the housing market is in a bubble, he is selling because he's about to go broke as shit.

>Abundant wealth
>Rich history
>Beautiful environment
>Beautiful weather
>Beautiful women
>CA suckz cuz muh democrats

Attached: 19073450913467.gif (400x231, 1.92M)

>abundant wealth
Only for the top, huge homeless/druggie/illegal population
>rich history
lolwut
>Beautiful environment
true
>Beautiful weather
true
>Beautiful women
90% goblinas, 5% roasties, 5% dykes
>CA suckz cuz muh democrats
yes

Attached: 1564509210830.jpg (500x601, 34.4K)

My wife and I are looking to buy next year as we have been saving a down payment for a while and our credit it pretty good. There is an insane amount of land going up for sale but I didn't see too many houses. Hopefully the rich are selling now and are expecting the real estate market to crash in a few months.

Also, just a moment to say we found an amazing house in a great neighborhood and it's within our price range! Pretty pumped

Can confirm. At least the food is good.

Don't move to LA. Too expensive and your kids will be druggies.

ecelebs refer to Youtubers and twitch personalities, not people who are creating actual products and services you dipshit.

>looking to buy next year
>we found an amazing house
Bud

Attached: 1394762718662.gif (300x169, 2.17M)

>rich history lolwut
A huge over-representation of major cultural movements, important people, important businesses, and important ideas originated in California due to the abundance of economic capital and brain drain of the top performing human capital
>Only for the top, huge homeless/druggie/illegal population
>90% goblinas, 5% roasties, 5% dykes
Depends on the area, there are absolute shitholes but there's many large affluent and abundant areas. You can say "only the top" but the "top" is huge range of people. It's not just all of the 7 figure+ execs, most educated white-collar professionals achieve far more wealth creation with their careers in CA than they could anywhere else in the world even in the highest col areas.

Renting is the future.

>my wife
That’s a man

Also owning apartments is better.

Nah, Musk is just selling all his crap because the beer virus accelerated his timetable to get to Mars, and you can't take it with you to outer-space.
Commercial real estate is pretty much corn-holed, though.