Can they all just fucking die already?
>>524174025what wealth? If you are sitting on a million dollar house that means all the homes around you are a million dollars so how are you rich unless your plan is to sell and move to Thailand or Vietnam?
>>524174025if you watch the actual clip which faggot OP of course didn't link, it's trump being reasonable and saying they are considering making a 'housing emergency' to make it easier to build housing, but need to keep in mind that people are also afraid of falling prices.
>>524174094america is a financialized dystopian shithole. as long as prices keep going up boomers can keep refinancing their mortgages to cash out and buy more properties on leverage.>have a house>house price goes up>refinance home, get the $100k in profit>use the $100k to buy another home, rent that out>you did zero work and now have passive income>housing prices go up because everyone is doing this>repeat 100000000x >boomers end up with all the homes on mortgages>banks take them back when the boomers die
>>524174094a) you can downsize and have lots of cash left overb) most people buy houses on leverage--that's what a mortgage is. you agree to pay like 2x the value of the house over 30 years. so if the price doesn't appreciate more than that amount, you lose money on the deal.c) diarrhea explosion on a jew's face.
>>524174291only kikes are afraid of falling house prices you faggot
>>524174025I feel like President Xi had something to say about this...
>>524174025Is pointless to build more house/ make houses more "affordable"/ kick all the illegals/ etc. etc. etc et all if the underlying conditions are not solved.Kick fucking private equity firms out of the family house market and even limit them on commercial market.Limit the amount people can rent property, shit even limit the amount of priorities anyone can buy. Is pointless to build a billion homes if they're going to immediately be swallowed by black rock and Co.
>>524174025AIPAC at it again.
>>524174094They reverse mortgage and take out the equity. If the prices goes down, they can reverse mortgage less.
>>524175930Limits on the number of short term rentals as well because holy fuck, there are more listings for short term rentals than there are for long term rentals and they all want the equivalent of half a months rent for two days.
