LOWER YOUR FUCKING PRICESYOUR SHITTY RANCH HOUSE IN THE SUBURBS OF INDIANAPOLIS IS NOT WORTH 700K YOU RETARD
>I know what it's worth, bud
Why should I lower my prices if it still ultimately ends up selling?
>>533123677kek don't worry, blackrock will buy it
Imagine if we took the $1.5 trillion military budget and built houses with it.
i know what i got
>>533123915that would be cool as hell
>>533123915uhh excuse me but how does that help my aging population who invested in the current houses??? We need a 100 year mortgage
>>533123677they're bailing it out this summer. just wait.
>>533123915blackrock would buy those too
Generally when sellers outnumber buyers in any market, prices go down.
>>533123915>Take half of every dollar a contractor makes in taxes>Building supplies since most of it isnt produced domestically>Deport mexicans who do grunt work for dirt cheap>suddenly a 1500 square foot mcmansion is 400k with very little profit margin for the builder
what i think what is going to happen is that zoomers and generation alpha will culturally move away from home ownership wholesale.
>>533123677They'll never come down. By the time they do everyone will be too poor anyways and China will be the one buying.
PRICE IS FIRMNO TIRE KICKERSI KNOW WHAT I GOTTHEY DON'T MAKE EM LIKE THIS ANYMOREWILL CONSIDER TRADE FOR RV OR SPEEDBOAT
>>533123915OP chart doesn't really suggest a major supply issue.
>>533123677>>533123769It's worth what someone will pay for it, fags. Maybe if you didn't spend all day talking about how you plan to steal every penny of people's liquidity, they wouldn't tie up all their money in a homestead.Actions have consequences and all that
>>533123677I'd sell if I could transfer my mortgage, but I'm not losing a 2.7% interest rate. It's practically free money. So I'm locked in forever basically.
>>533124151there is more there than you think. my buddy is a small time home builder. typically does less than 10 a year. he makes 50% which is over a million a year. larger outfits probably have much higher margins then that.
>>533124151To be fair this is part of what we should be doing. Having actual Americans build a skill base, build smaller homes and increase the parcel size to house ratio and increase building standards so that insurance scams aren't a backbone of the economyA well built 1800sqft home on 1 acre of land should be the standard. Not mcmansions made out of sticks and toilet paper held together by duct tape by Mexicans >but where will I put all my toys and collectibles!your job will be building the homes or creating the materials. Bye bye universal basic income parading as office work
>>533124201It’s not showing people who need a house only people who are in the market because they have enough money to buy one.
I would be perfectly happy with a 600 to 800 sq ft trailer home for 100k but they all come with a fucking 458 dollar a month HoA fee and you can evicted at any time for having too many cars parked in your driveway. Make decent quality manufactured homes that come on small lots that are OWNED BY THE INHABITANT. That should be a federal law. I'm not even joking I don't even give a fuck if I sound like a communist anymore. Seize the fuckng land, eliminate and override all local regulations on minimum lot size, and roll out the trailers so at least white people can own the land they live on.
>>533124657>just build more homesYou are retardedwe don't have a supply issueeverything that goes into making a house is expensive
>>533123915That would be antisemitism
>>533124771>override all local regulations on minimum lot size,Kys favela nigger
>>533124562something not adding up here. not even close
>>533123677It's worth what someone is willing to pay, and people are willing to pay 700k. Cope and seethe faggot
>>533124856U said quite a bit more than build more homes, you reductivist twat
>>533124733correct. So that's not a supply issue. Unless you're advocating for housing projects.
>>533124902hmm it's almost like massive organizations lead to waste an inefficiently.
>>533124115With another $1.5T gibs from the taxpayer mind you.
>>533124354>It's worth what someone will pay for itIs anybody paying for it, faggot?
>>533125052you just cited the benefits of scale yourself, then argued against it immediately when confronted with facts. retarded. You think that these organizations are "wasting" 5x what your friend does on average? You can't explain that delta
>>533125127plus tip
>>533124168In a couple of decades, I predict we will see not a housing crash but a complete market reorientation. The vast majority of Zoomers and Generation Alpha are not ever going to own homes, most are priced out for decades . On top of that, economic instability will basically make home ownership a liability for young workers, as they will have to constantly move to where the jobs are. The effect decades of this will have is that most will disregard home ownership both as an achievable goal and as even desirable, and the culture will shift to apartment life. Politically, This group will primarily lobby for more dense housing zoning, better construction standards for apartments, better tenant rights, and so on.
>>533124168This. It likely will be that next gen will inherit property from their parents, and nothing gets sold, mexican style.
>>533125138Apparently. Otherwise the prices will go down. Or perhaps the urgency to sell is non existent so it's people asking for a price that would compel them to sell. Why is this so alien to zoomers?
>>533124151That's good thing.They need to change their target customers from wealthy/old to affordable small ones. Make 800ft^2 condo units, boomers need to lower their rent by force.
>>533124960There is a supply issue, but only because there are so many shitskins who have been imported that are buying up homes. Homes that would cost less if there was not an increased supply of buyers
so prices should go down right>I know what I gotWell okay then
>>533125193it was sarcasm anon. it's pretty well proven companies don't linearly scale and often degrade at scale. the moral is build your own house. I did mine with a 400k budget including land back in 2018 and was instantly appraised for 725k.
>>533123884because it's not selling>>533123915The issue isn't building houses but boomers and investment companies sitting on inventory until a sucker comes along to buy.
>>533125402>supply of buyersthat's called "demand" in this scenario. you should have at least a teenager's level of understanding of the topic's basics before attempting to lecture people on it.
>>533125488>it was sarcasm>but i also meant it
>>533123915Imagine if you took one tenth of that budget and used it for deportations so that the demand side of the issue got resolved for a generation. You don't even have to build one single house.
>>533124140not reallyit's well known that even without market intervention that prices tend to go up, not down. this is Price Stickiness.With that and the fed explicitly supporting prices in case there is (god forbid) deflation, prices will never go down again, no matter how many (shitty, aging) homes are on the market.
>>533125386You can get cheap condos and townhouses alreadyPeople don't view commieblocks with maintenance fees as the american dream and never will
>>533123677i know what I got. not selling it for a single dollar under asking
>>533123677It kinda is given the collapse of the rural American economy.
>>533123677People have to live somewhere. If they won't buy then rent it, or airbnb.Amirite? You will pay me one way or another.
>>533123677Name one place outside of Meridian Hills or Kessler where a ranch-style house is 700k>t. Indianapolis resident
>>533125052It's the buildout costs that kill them. They aren't just building houses, they are responsible for the infrastructure of the subdivision. They also carry most of this with loans that have balloon payments based on construction milestones. Money is more expensive now. I would be surprised if their net margin exceeds 10%.>t. runs the commercial roofing division for a large general contractor
>>533123915This.It's not like the military is worth a shit anyway,.Can't even beat oat herders with drones.Fucking suckers and losers.
>>533123915usd would lose most of its value and civil war would start before a single house was built
>>533125922but then you'd have thousands of people protesting and killing themselves to prevent the deportations and then we'd get 100 slide threads a day on /pol/ with "say her name!" about the latest idiot who gets killed by deportation police
>>533123677no Live in you’re cardboard box , nigger
>>533123769Fpbp
>>533126984Law enforcement is not a license to killYou should know pedo
>>533127086do you people just wait in every thread for this opportunity
>>533123915That would be double antisemitism.
>>533123915all that would happen is the average price of houses would be 1.5 trillion
Where is the invisible hand of the free market to adjust the prices? The offer is orders of magnitude higher than the demand, prices should plummet.
>>533127202It presents itself to often to wait
>>533123915And directly hand them over to Blackrock so they can rent them back to the American people at their expense for profit, right?
>>533127515This. Supply dumps famously make prices rise
>>533123677boomers hear you loud and clearim getting a response from the boomers nowhere it is>fuck you we'll just import beaners and jeets that will live 10+ in one house to keep the housing prices highhmmm i dont think the boomers are ready to make a deal with you yet.
>>533128005the invisible hand is shaking the hands of the millions of pajeets and beaners competing for lower and lower wages.
>>533123915Whoa cool it with the antisemitism
That some expensive as shit cardboard
>>533123915That's socialism.
>>533128349This doesn't really address what he said.
>>533126089Price floors will always kill demand, don’t like it? The invisible hand of economics will sit there and give you the economic middle finger no matter what the new paradigm says should be happening.
>>533123677>>533123915>>533126470>>533128282I drove past Indianapolis on I-70/I-65 this weekend. THOUSANDS of new housing units going up right alongside the interstate. I've been making that drive 3 times a year since 2012 and what was once farmlands is now megadevlopments of the same shitty grey/black/white shiplap sided homes with standing seam roofs that all seem to go for 300K minimum.WHO is buying? You really telling me that all 1200 units are full and there's a waitlist? Bullshit
>>53312904910+ beaners are pooling their slave labor and welfare to buy a house. this is how it goes everywhere all over the country. you have no idea how many beaners are actually in the country.
>>533123677Houses are like art. They’re worth whatever people want to pay for them. If you’re poor that’s your problem. Pull yourself up by your bootstraps you broke bitch!
>>533123677Fox news boomers and their commie daughters are in the process of dying alone. House prices is just them lashing out in an antisocial manner, like all children being held accountable for the first time do.
>>533123677It will come down eventually, if this keeps up.Housing is just something, where people are willing to wait.Unless there is some type of intererence.
>>533125402Easy solution. Visa holders can only rent. You don’t get property rights unless you have citizenship. Kill all illegals. Send a message to the world letting everyone know that we will end an entire civilization of Section 8 shitskins overnight if they don’t self deport in 48 hours.
>>533129049and with those shitty homes comes hundreds of rectangular concrete tilt-ups that are as soulless as the corporations who run them
Shitskins flooding into the country living 20 under a roof. Real easy for the native white man to simply conquer these subhumans with a bit of strategy and force. They come here and try to siphon off our wealth and resources- so why don’t we just return the favor and reclaim our property and wealth from them? This conflict would be over in a month, and the white man would be the apex predator again.
>>533123677they never fixed shit after the 2007 crash, you were supposed to do mass arrests on your bankers like Iceland did and also overhaul everything about your economics, but I get it- too many Jews playing that game huh, gosh darnit, heck...
>>533124140SNU SNU
>>533123884Do you have actual offers or just rat-like voices in your ear?
>>533124140Nope. boomers will just take down the listing after no bites and put it up again in 3 months for the same asking price to see if someone else is more desperate to buy. I've yet to see prices drop by anything more substantial than $10,000 which is nothing on a $450K+ house
>>533123915>the world will just be nice :DDDDD
>>533130132This, they do the same shit with rental properties as well to keep rents jacked up. They're happy sitting on empty units until another sucker will pay $1200+ for a trashed studio apartment.
>>533123677The boomers helped import all these shitskins, so it's worth exactly this. This is the reward for their souls.
>>533123900It's not 2023 anymore. They're not buying, they're selling (or at least attempting to).
>>533125514people are going to start shooting boomers and then capitalism will be abolished as a nigger system.
>>533124657>1 acre of landDo you know how big one acre actually is? I own 0.76 acres and it's fucking huge. It's like three times what a yard needs to be. Making one acre the standard will just create suburban sprawl for no reason. I'm not saying large plots shouldn't be available for people that want them, but like a 0.25 acre lot is more than enough for an 1800 square foot home and would let you actually put a good number of homes into a smaller area, reducing the need for long commutes.
millenials said they would never own homes then rates went BELOW 3% during covid. every millennial and his dog were bidding on homes, everyone who bought a home made a profit.maybe gen z and gen a will get a chance like that. it would take a tragic event for the feds to drop rates that low again.
>>533124185CASH ONLY
>>533130132How old are you? All real estate crashes are preceded by years of talk about how prices can never come down again - until they do.
>>533132518I was in high school during the 08 crash so I wasnt directly affected by it.The problem is that when those things happen they "fix" the system so it wont happen again next time.Rents and house prices are often controlled by AI now, changing your rent offer by the hour based on your data. Real estate owners can squeeze way more money out of you now than 18 years ago.
