Hello to everyone, I am 28 y.o who cant understand how its possible to buy a flat/house in current economy. All of us need to live somewhere its obvious but why should we pay so much for the house that has been built in 70-80 and cost 4x lower than today. Logically item's quality goes down with the time even if you fixing a lot, its natural life cycle but in case of housing we all agree with the current prices and speculations of the big capitals (elites). Is it a problem to build new houses? No. The same issue was in history in the past especially after the 2 war. Government could afford to build enough houses, its so fucking crazy that in Bcn you can buy such house but its gonna cost you an arm and leg. So the problem of developing new houses is so artificial and big capital is playing with house prices while we cant even afford our BASIC needs. What shall we do with it? cooperate and demand
>>62242758It's cheap in Nashville Tennessee which is where all the biggest companies are moving.
>>62242758People adapt to eating shit and are fools with their money. People will get exorbitant high interest loans and adjusted mortgages they can't pay.Nowadays a couple who separately make $50k annually will get together and co-sign on a $300k home that is really worth less $200k.The elites know they can just do this freely and without any restraint but eventually this whole system will fully collapse. Unfortunately it will be a frogs in slowly boiling water type of thing.
>>62242758real estate will 10x over the next 5 years, and there's nothing you can do about it, can't stop this train baby
>>62242862unironically thisElites just don't give a shit anymore and are convinced the world will end soon which is why they're so relentlessly unchecked
>>62242758>I am 28You were supposed to live with your parents, where did your 10 years of income go?
>>62242887i am 28 but I left my home country, thats why I lived 10 years in rent appartments.Also take into account inflation and unexpected issues that we all have. Anyway people who lived 10 years with parents still cant afford to buy a flat/house in Spain for example. Just stupid plan of destroying affordable housing by elites makes me angry about it all. Sounds like being a squatter isnt bad idea
You cant stay put without family support