You can argue how ridiculous real estate prices are in your area. I saw a tiny apartment with a broken garage door, water damage on the floor and shoddy work on electric cables go for almost $500,000. It’s very hard to find a single-unit house that is not in a horrible configuration in my area that is less than $1 million, houses that 10-20 years ago were fully affordable on a middle class income.But every place I’ve looked at has had dozens of potential buyers visit alongside me and there are always atleast 3 bids being placed.There are still numerous people willing to pay for these unaffordable prices, meaning liquidity is not a problem and thus there’s not going to be a real estate bubble pop any time soon.
>>61645892> There are still numerous people willing to pay for these unaffordable prices, meaning liquidity is not a problem and thus there’s not going to be a real estate bubble pop any time soon.That’s unfortunate. And I don’t like the caption of the image, that wasn’t a dream since that actually was a million dollar home then
>>61645892Is capital being allocated productively?Are houses used for their intended purpose (people living in them and thriving)?Are living conditions improving?
>>61645910Ohohoho you sound either like a (insert either communist, anti-semetic, or some other buzzword)
>>61645892Your options>Get a better job>Lower your standards>MoveWhy does it have to be a single family detached when that's not something you can afford, for example? Get a nice duplex maybe. Or consider a multifamily residential.>But that's not how I imagined my perfect homeTough titties
>>61645892This is what $100 looks like today.Do the math.
>>61645942>just get a better job you won't qualify for, lower your standards to a cardboard box, or move to a cheaper house meeting your basic requirements that doesn't exist
>>61645910Yes, aside from costing more, people aren’t really struggling that hard unless they are a single zoomer working minimum, which in that case, they just rent.
>>61646023>people aren’t really struggling that hardThe dishonest kikery is strong on this thread
They are at all time lows.... priced in gold
>>61645892The bubble will pop and houses will be 900k soon instead of 1000k.
>>61645942Where are these mythical "better jobs"?>Just go to med school, goy!
>>61645915Communist policies are what caused the housing crisis.rent control and zoning laws, also central banking
>>61646147If stocks, metal and BTC can have 40-50% retracement, so can boomer dirt. Those fuckers will die soon and no one is buying shit at these prices without subprime and/or ultra usurous loans.
>>61645942>goy grapples with his manufactured lot in life by appealing to just world hypothesis
>>61645892>dreamed as a kida million dollars was a lot of money back in the 80s/90s
>>61646226excess credit availability caused the crisis. you could ban all forms of zoning and legalize 100 square foot, 100 story plywood microfavelas built on EPA superfund chemical waste sites, and subhuman nigger cattle retards would immediately bid up the prices to $300k with money borrowed on 5% down, 30 year terms.>muh fractional reserve bankingcommercial banks (mortgage lenders) maintain reserve ratios >>0%.
>>61645892100% looks like a space coast/ Brevard county home from the late 80s early 90s
>>61646266>excess credit availability caused the crisis.true, it was the fed that printed this money in the first place
>>61645942>>Get a better jobThis is not advice. I don't know why people post shit like this but my entire life>dude just become a rocket scientistLike you can spend 8 years going back to school with debt to make more money which will just go to debt.
>>61646163>spend anotehr 14 years in education before you can afford thingsOr 10 years or whatever.
>>61646487>>61646245>>61646163>>61646016If you think getting a better job isn't possible you need to lower your expectations then.And if you think a nice duplex or apartment is below you I'd suggest you cry harder or pay up.
>>61645942Or you could just stop trying to play the rigged game and put the money that would have went towards being a productive member of society into being a burden to stress the system..
>>61646577I'm going to cry so hard and get so far that in the end it won't even matter.
>>61646577Stop stealing my images.
Welcome to most of human history. Property has always been owned by the ruling class. The "middle class" is just an outlier. We're reverting back to the norm of serfdom.
>>61645892move to iowa
>>61645892> how looked like>>>/int/
>>61645892This is the result of printing money but not sharing it equally. There really should be a law that prevents this. Increasing the money supply should work like stock splits.
>>61645892The top is a Mcmansions and bottom is comfy and by the beach. I'll take the bottom
Americans are so entitled it’s amazingYou have cheap homes but whine that you can’t buy a private standing home by yourself as though a majority of the world can’t even afford to buy an apartment and it takes generations to get a house, for most of history humans lived in communal shelters and you lazy pigs whine when you can’t buy a free standing 4 bedroom home on a mid level salary
>>61649400No. The whole real estate is 5-10 times overpriced here. I thought bof buying a fixer for like 100k in some MAGA shit hole. But I have to have income of at least 3K a month because the utility bill alone will be around $500 a month and their local shart mart won't pay me that.
>>61649307No, fuck you
>>61650086>he’s complaining he needs at least $3k per month Holy shit I knew there were poors on this board but wow, how do you live? Why are you on this board if you have no money to invest, genuinely curious here
>>61645892That’s because you people insist on paying a premium to live in crime ridden shithole cities for some reason. You can live in a peaceful gated community for less than that and the home will be brand new.
>>61650206Don't tell me what to do faggot.
>>61646577If you really have to justify the concept of living in a duplex by stapling the word "nice" to it, it typically suggest that duplexes are the opposite quite frankly.
>>61646756This Allocate capital so your future spawn dont become part of the drone class
>>61649400we have higher standards because we aren't a bunch of retarded third world monkeys
>>61646266> maintain reserve ratios >>0%.Let's take a look at these reserves shall we>hyperinflating USDoh no
