156
Is DeepSeek about to cause a stock market crash?
(uk.finance.yahoo.com)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 27 Jan 2025
156 points (99.4% liked)
news
23746 readers
814 users here now
Welcome to c/news! Please read the Hexbear Code of Conduct and remember... we're all comrades here.
Rules:
-- PLEASE KEEP POST TITLES INFORMATIVE --
-- Overly editorialized titles, particularly if they link to opinion pieces, may get your post removed. --
-- All posts must include a link to their source. Screenshots are fine IF you include the link in the post body. --
-- If you are citing a twitter post as news please include not just the twitter.com in your links but also nitter.net (or another Nitter instance). There is also a Firefox extension that can redirect Twitter links to a Nitter instance: https://addons.mozilla.org/en-US/firefox/addon/libredirect/ or archive them as you would any other reactionary source using e.g. https://archive.today . Twitter screenshots still need to be sourced or they will be removed --
-- Mass tagging comm moderators across multiple posts like a broken markov chain bot will result in a comm ban--
-- Repeated consecutive posting of reactionary sources, fake news, misleading / outdated news, false alarms over ghoul deaths, and/or shitposts will result in a comm ban.--
-- Neglecting to use content warnings or NSFW when dealing with disturbing content will be removed until in compliance. Users who are consecutively reported due to failing to use content warnings or NSFW tags when commenting on or posting disturbing content will result in the user being banned. --
-- Using April 1st as an excuse to post fake headlines, like the resurrection of Kissinger while he is still fortunately dead, will result in the poster being thrown in the gamer gulag and be sentenced to play and beat trashy mobile games like 'Raid: Shadow Legends' in order to be rehabilitated back into general society. --
founded 4 years ago
MODERATORS
Lol I would love an intl housing crash right now. Houses where I'm looking are on the market for 200k which were bought for 100k in 2015 🫠 Landlords are even placing offers on places without even viewing them
Bought a house a few years ago and landlords were putting in offers of 10 or 20k over asking, so houses were getting snapped up before we could even view them. The only reason we got the house we did is because the owner was specifically refusing to sell to landlords.
UK or US? I was about to offer above asking but discovered a cool feature of post-2008 mortgage lending where banks might only lend what they think a house is worth, so I'm just hoping landlords don't have extra cash laying around to cover that and put in better offers.
Doesn't help that the one I offered for is being considered by a house builder and not the owner (they part exchanged for a newbuild property) so they're not likely to have the anti-landlord sentiment that you mentioned.
UK. We did the same, the bank told us we had to knock 5k off our offer to get the mortgage, but luckily the owner still accepted.
Unfortunately they generally do have the extra cash on hand, because it's not petty landlords buying houses, it's conglomerates trying to monopolise the market.
I live in near bumfuck nowhere, and the neighbor's wretched 1 room shack with a boiler near as old as the house sold after being on the market for a mere 3 days.
Median house price in my city is 700k US lol