>look at zillow>cheapest house in my entire city is $224k>sold for 94k in 2018I simply can’t abide that. I cannot be someone else’s exit liquidity, I refuse to be a bag holder
Neither can I.Total housing nigger pyramid scheme death
>>61198450Housing always will go up long term because people need somewhere to live. Demand always outpaces supply.That $224k will probably be like $300k in 5-10 years.
>>61198471Kek. More like $150-175k
>>61198450what is a 30 year mortgage on 224k? $1500 a month?
>>61198490How do you reckon that? I hope that’s the case, but with the acceleration of the devaluation of the dollar, I don’t see that scenario playing out. I’m curious though, in the hyperinflation scenario where houses skyrocket, rising property taxes and insurance costs would force the hands of many (all according to planned of course), so is there an opportunity there? I don’t see it. These private institutions will slurp them up
>>61198519Google mortgage calculator my man. Assuming you’re putting 20% down, that seems about right. But it’ll largely be dependent on what area due to property taxes/insurance costs are
>>61198490So historically appreciating assets with real life use case (living in), real life cash inflow use case (renting out) and limited supply in a hyperinflation society are going to drop 20% in the next decade?Interesting theory, not smart, but at least interesting.
>>61198490you retards have been predicting a housing crash in 2 weeks for like 4 years now. give it a rest, it's not fucking happening. this is just what houses cost now
>>61198542after boomers expire the millennials and Zs will force the state to shit out a billion goyboxes. Bitcoin will be the preferred store of value, demonetizing real estate as a store of wealth and reducing its price to only how much an individual person wants to live in a specific goybox for a certain duration
>>61198570You had me until you mentioned that ugly orange coin. Just face it, crypto is dying if it isn't already dead. Everyone's moved on besides institutions who haven't read the room yet (aka no more outside liquidity coming in to pump their bags).
>>61198490you're mind numnblingly retarded to think we can print trillions upon trillions and meanwhile house prices are going to crash
>>61198570No retard, shitlenials become the new inheritors.
>>61198450I will literally be homeless before I buy an expensive house and I am constantly looking for cheaper places to rent and negotiating bills. I don't even care about making it, I just don't want to feel used anymore.
