Home prices will drop to 2008-levels in these four cities: Goldman Sachs

[Mike809]

None of those 4 cities are good for long-term investments.

 

[Mirin4rmfar]

lol, doesn't matter if we dont have jobs

 

[ORDER_66]

None of those 4 cities are good for long-term investments.

The whole article sounds like bullshyt and a way to get people to either sell now to manipulate the market... aint no way no fukking san diego real estate crashing...

 

[Sir Richard Spirit]

yea they are intentionaly tanking the housing market by jacking up the interest rates to fight inflation. I dont think it has cratered the market, its made a dent. Housing values are down in comparison to 2022 (historic highs) but not anywhere near 2008-10. You could buy a fukked up house in the hood here in Atlanta for 15k flat. Now those same houses are 200k+

Just like gas. Went from $2.00 to $4.00 to $5.00. Now let’s rest at $3.50.



Just enough to work everyone up.. then settle for a price higher than normal, but not high enough for complaints.

 

[zayk35]

In San Diego North County.....bring it on and let's see

 

[IIVI]

I visit San Diego often, I don't see it happening. More people are moving there everyday from LA, OC and other areas. I also hear people talk about SD far more in conversations.

 

[Htrb-nvr-blk-&-ug-as-evr]

You mean the same Goldman Sachs that lost $1.2B over the last 9 months by giving anybody with hot breath an Apple Card? Lost $3B in the past 3 years with a variety of products (including Apple Card). Yeah, they know what they're talking about...

 

[Absolut]

You mean the same Goldman Sachs that lost $1.2B over the last 9 months by giving anybody with hot breath an Apple Card? Lost $3B in the past 3 years with a variety of products (including Apple Card). Yeah, they know what they're talking about...

3 billion over 3 years for them is a drop in the bucket

 

[Wiseborn]

Goldman Sachs didn’t even predict the financial collapse of 08 that they caused, smh at taking their guidance on anything.

The numbers were there they just wanted to keep making money so their greed blinded them.

When all those banksters sold insurance to Mike Burry without even questioning why he'd want to ensure those shorts never seemed to enter their minds.

 

[RickyDiBiase]

The median home price in San Diego is 900k. Even a 25% drop would put it at 650 or so, it ain’t gonna be that steep tho

San Diego is the one place that’s actually worth the money in California…if only it wasn’t so close to the damn border

 

[Htrb-nvr-blk-&-ug-as-evr]

3 billion over 3 years for them is a drop in the bucket

Drop in the bucket my ass….it was enough for them to say fuk doing consumer loans from now on…they may pull out of Apple Card

What Went Wrong for Goldman Sachs' Consumer Banking Efforts? | The Motley Fool

Consumer banking was supposed to be Goldman's push for a higher valuation.

www.fool.com

 

[Born2BKing]

Thats sucks.. Bright side, always wanted to pick up a home in San Diego, gonna keep eyes open..

Coli nikka shyt

 

[Peter Popoff]

I'll keep an eye on Austin since I'm fully remote. Only problem is my girl is hybrid. I gotta get her working remote like me.

 

[staticshock]

I’ll believe it when I see it. These “experts” love to predict the future.

If home prices actually do drop that significantly in San Diego, I may consider the move. Otherwise, I’m happy where I am.

Your republican supporting c00n ass would get ran out of SD

 

[xXOGLEGENDXx]

How much you want to bet those San Diego homes will be the ones that are 5 minutes from Tijuana?