Re:Zillow seeks to sell 7k homes for $2.8B after flipping halt
by bink on Tuesday November 02, 2021 @02:38PM
(#29085578)
2 is not only a long shot but it's also not like if there were a third world war there would be some asset classes that escaped unscathed. If China went to war and that somehow crashed real estate prices, it's not like stocks would be soaring.
[ Parent
| on HN ]
Re:Zillow seeks to sell 7k homes for $2.8B after flipping halt
by BuckRogers on Tuesday November 02, 2021 @04:25PM
(#29086913)
My scenario isn't meant to be WW3. It's just a conflict over Taiwan, presuming that it doesn't spiral into WW3. WW3 changes everything in such ways, my home ownership doesn't matter. Good chance my city is bombed and I die. What I'm focused on is the chance of a temporary dip in the market as I'm interested in buying in the short term (12-24 months).
How into the geopolitics of China-US relations are you? I ask because my reason that we're at high risk for a conflict and now low over Taiwan is that China just upgraded their navy, while we have a refresh going on right now. Once that investment is complete China will have essentially the window closed on any hope of winning the conflict. They have to move relatively quickly to have a realistic chance at taking over Taiwan, if US determination is resolute in stopping them at least. It could happen at any time.