What's your age and general stock market, jobs, and real estate prediction for the next 5 years?

Anonymous
Curious how different generations perceive the current economic climate in terms of general economic outlook.

Me:

Age 49
Stock market - a sluggish bear market that will last another two years before a slightly slowish recovery starting in year 3. Be back to bull market year 3-4 onwards.

Jobs- higher unemployment

Real estate - prices will correct at least 20% depending, mainly driven by high interest rate. But inventory will remain low BC people would rather remodel or build additions rather than upgrade to a bigger house. BC people don't want a high interest new mortgage. New home construction will fall but remodelling renovation business will be big.

Anonymous
40

stock market - up overall, but lagging inflation and a roller coaster

jobs - higher unemployment, I think people really underestimate what AI is going to do to white collar jobs

real estate - up higher than inflation, but not as straight up as it was in the last couple of years
Anonymous
Anonymous wrote:Curious how different generations perceive the current economic climate in terms of general economic outlook.

Me:

Age 49
Stock market - a sluggish bear market that will last another two years before a slightly slowish recovery starting in year 3. Be back to bull market year 3-4 onwards.

Jobs- higher unemployment

Real estate - prices will correct at least 20% depending, mainly driven by high interest rate. But inventory will remain low BC people would rather remodel or build additions rather than upgrade to a bigger house. BC people don't want a high interest new mortgage. New home construction will fall but remodelling renovation business will be big.



Male 42.

Interest rates drive down the stock market to a 30% correction over a period of several years. Interest rate hikes will stop at 12%. Stock market will go back up in 10 years, but anemic growth for years. It’ll be a good buying opportunity.

Crypto: will get fked and all the shtcoins will disappear. It’s a fad like beanie babies.

Real estate, if interest rates keep going up sellers will have to get real and substantially lower their asking prices. There will be a 40% in some places. I bet in DC proper we will only see like an 8% correction. During the crisis of 2008-20009, even with the strict lending standards dc only lost 5% from highs. Manasass was down 50% at that time.
Anonymous
33

Market - robust recovery in mid 2023, economy will be slow to recover (as it always is). The markets will recover sooner and faster that the economy

Jobs - unemployment will tick up, which is fine (in a weird way). This should bring down prices in addition to the Fed's actions..hence my point above. Inflation will take a least a year or two to come back down to the 2-4% range but as long as it decreases, my market prediction may pan out.

Real estate - close in urban areas will be OK. Tertiary cities that saw immense growth will soften much quicker. It's normal for prices to decline a bit but nothing catastrophic as rates will come back to reality. Once mortgage rates come down (nowhere near 2021), it will provide stability and demand.
Anonymous
45- lots of ups and down. Not much overall growth for at least a year once inflation is factored in. Slow and steady growth resumes in a year and half

Worker shortages will continue so joblessness won’t rise. Construction and tech jobs will be soft for a while

Real estate might dip 10% on average or once inflation factors in over the next few years with some areas falling 20% at most. We are still 2 ton3 million houses short of where we need to be historically, so supply and demand will keep prices high.
Anonymous
Me - 75 years old

Stock Market - S&P 500 won’t hit 4800 again in my lifetime. Our portfolio is down 19% YTD and we’ve essentially lost years of financial runway thanks to Millennials and Gen Zs playing games meme stocks.

Jobs - The more people that lose their jobs in the coming 1-2 years, the better. We need selfish Millennials and Gen Z traders forced to liquidate so stock prices can go back up for those that legitimately earned their way into the market.

Real Estate - Prices will drop by 20% by end of 2023. This is driven by so many new homeowners buying beyond their affordability and causing prices to falter. Most Gen Z homeowners are buying in to homes 10 years earlier than they ought out of greed. Now honest people like Boomers have to suffer as a result.
Anonymous
Anonymous wrote:Me - 75 years old

Stock Market - S&P 500 won’t hit 4800 again in my lifetime. Our portfolio is down 19% YTD and we’ve essentially lost years of financial runway thanks to Millennials and Gen Zs playing games meme stocks.

Jobs - The more people that lose their jobs in the coming 1-2 years, the better. We need selfish Millennials and Gen Z traders forced to liquidate so stock prices can go back up for those that legitimately earned their way into the market.

Real Estate - Prices will drop by 20% by end of 2023. This is driven by so many new homeowners buying beyond their affordability and causing prices to falter. Most Gen Z homeowners are buying in to homes 10 years earlier than they ought out of greed. Now honest people like Boomers have to suffer as a result.


Ok, b00mer. Is there anything you don't hate about everyone younger than you? Christ, I hope this is a troll.
Anonymous
Anonymous wrote:Me - 75 years old

Stock Market - S&P 500 won’t hit 4800 again in my lifetime. Our portfolio is down 19% YTD and we’ve essentially lost years of financial runway thanks to Millennials and Gen Zs playing games meme stocks.

Jobs - The more people that lose their jobs in the coming 1-2 years, the better. We need selfish Millennials and Gen Z traders forced to liquidate so stock prices can go back up for those that legitimately earned their way into the market.

Real Estate - Prices will drop by 20% by end of 2023. This is driven by so many new homeowners buying beyond their affordability and causing prices to falter. Most Gen Z homeowners are buying in to homes 10 years earlier than they ought out of greed. Now honest people like Boomers have to suffer as a result.


Them children will come by tomorrow after their avocado toast/pumpkin mocha latte (whatever the f**k that is) breakfast to yell at you. Good luck my friend.
Anonymous
Anonymous wrote:
Anonymous wrote:Me - 75 years old

Stock Market - S&P 500 won’t hit 4800 again in my lifetime. Our portfolio is down 19% YTD and we’ve essentially lost years of financial runway thanks to Millennials and Gen Zs playing games meme stocks.

Jobs - The more people that lose their jobs in the coming 1-2 years, the better. We need selfish Millennials and Gen Z traders forced to liquidate so stock prices can go back up for those that legitimately earned their way into the market.

Real Estate - Prices will drop by 20% by end of 2023. This is driven by so many new homeowners buying beyond their affordability and causing prices to falter. Most Gen Z homeowners are buying in to homes 10 years earlier than they ought out of greed. Now honest people like Boomers have to suffer as a result.


Ok, b00mer. Is there anything you don't hate about everyone younger than you? Christ, I hope this is a troll.


How about showing some respect for a change??! Goddam spoiled brats in their 20s and 30s want to have their cake and eat it too. So tired of people like this pushing to the front of the line, boarding airplanes first with screaming kids, ruining my dining out experiences, bringing their f@ck!ng dogs into every store and café, and with no discipline. Then they get jobs, demand to work remotely, barely do their jobs, then start internet side businesses paid for by salary and benefits they steal from their primary employer. No loyalty! All of them need to get canned. This sh|t never would have flown when I was still in the workplace.

Wondered why the economy is tanking and in the recession? Read the above and now you know!
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Me - 75 years old

Stock Market - S&P 500 won’t hit 4800 again in my lifetime. Our portfolio is down 19% YTD and we’ve essentially lost years of financial runway thanks to Millennials and Gen Zs playing games meme stocks.

Jobs - The more people that lose their jobs in the coming 1-2 years, the better. We need selfish Millennials and Gen Z traders forced to liquidate so stock prices can go back up for those that legitimately earned their way into the market.

Real Estate - Prices will drop by 20% by end of 2023. This is driven by so many new homeowners buying beyond their affordability and causing prices to falter. Most Gen Z homeowners are buying in to homes 10 years earlier than they ought out of greed. Now honest people like Boomers have to suffer as a result.


Ok, b00mer. Is there anything you don't hate about everyone younger than you? Christ, I hope this is a troll.


How about showing some respect for a change??! Goddam spoiled brats in their 20s and 30s want to have their cake and eat it too. So tired of people like this pushing to the front of the line, boarding airplanes first with screaming kids, ruining my dining out experiences, bringing their f@ck!ng dogs into every store and café, and with no discipline. Then they get jobs, demand to work remotely, barely do their jobs, then start internet side businesses paid for by salary and benefits they steal from their primary employer. No loyalty! All of them need to get canned. This sh|t never would have flown when I was still in the workplace.

Wondered why the economy is tanking and in the recession? Read the above and now you know!


This must be a satire written by a millennial making fun of the stereotypical boomer. Unreal.
Anonymous
Get off my lawn!
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Me - 75 years old

Stock Market - S&P 500 won’t hit 4800 again in my lifetime. Our portfolio is down 19% YTD and we’ve essentially lost years of financial runway thanks to Millennials and Gen Zs playing games meme stocks.

Jobs - The more people that lose their jobs in the coming 1-2 years, the better. We need selfish Millennials and Gen Z traders forced to liquidate so stock prices can go back up for those that legitimately earned their way into the market.

Real Estate - Prices will drop by 20% by end of 2023. This is driven by so many new homeowners buying beyond their affordability and causing prices to falter. Most Gen Z homeowners are buying in to homes 10 years earlier than they ought out of greed. Now honest people like Boomers have to suffer as a result.


Ok, b00mer. Is there anything you don't hate about everyone younger than you? Christ, I hope this is a troll.


How about showing some respect for a change??! Goddam spoiled brats in their 20s and 30s want to have their cake and eat it too. So tired of people like this pushing to the front of the line, boarding airplanes first with screaming kids, ruining my dining out experiences, bringing their f@ck!ng dogs into every store and café, and with no discipline. Then they get jobs, demand to work remotely, barely do their jobs, then start internet side businesses paid for by salary and benefits they steal from their primary employer. No loyalty! All of them need to get canned. This sh|t never would have flown when I was still in the workplace.

Wondered why the economy is tanking and in the recession? Read the above and now you know!


If this is serious - you sir, are the problem.

Are you just jealous because we make more and have better working conditions? Also...are you trying to argue that side business are HURTING the economy? LOL
Anonymous
Anonymous wrote:Me - 75 years old

Stock Market - S&P 500 won’t hit 4800 again in my lifetime. Our portfolio is down 19% YTD and we’ve essentially lost years of financial runway thanks to Millennials and Gen Zs playing games meme stocks.

Jobs - The more people that lose their jobs in the coming 1-2 years, the better. We need selfish Millennials and Gen Z traders forced to liquidate so stock prices can go back up for those that legitimately earned their way into the market.

Real Estate - Prices will drop by 20% by end of 2023. This is driven by so many new homeowners buying beyond their affordability and causing prices to falter. Most Gen Z homeowners are buying in to homes 10 years earlier than they ought out of greed. Now honest people like Boomers have to suffer as a result.


As cranky as you are, you're probably right about the market. Maybe go eat some avocado toast and you'll live longer than 76!
Anonymous
I think interest rates will settle to previous norms and that will help stabilize the markets. Since interest rates have been artificially low over the past 10+ years, it has put more money in the market that would otherwise be in bonds. This has made the market too high. I expect more market volatility for a few more years- we are still reeling from Covid disruptions and now with the Ukrainian/Russian disruptions.

The housing market is more difficult. I think there are places inthe US where the prices increased to fast and they will comedown, but I don’t see this in the DMV area because we were set for another rise and this seems to the pattern. We saw rises in the late 70’s early 80’s, then flat then rise late 80’s/early nineties, then flat, then we had an unusual 10 year rise in the late nineties to 2008- then a slight dip, flat and a little rise. So, we were overdue. Plus, the prices did not rise as much as a % as they did in some other areas of the country. So, I think the higher prices in the DMV are here to stay and may even increase agin in the spring.

Anonymous
A lot depends upon the upcoming election results in a month and the election results in 2 years.
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