What do you think the timeline is for the housing market crash?
"Bonus: I think Blackrock is NOT gaming the rental market, they're gaming future bailouts after it eats shit again." Could you explain this a bit more?
In general, I think it's better to be a landowner than to not be a landowner, even with the Property taxes. Would you rather be a renting pod dweller? And least you can theoretically pass on your land to your kids.
American housing/land prices are still very cheap compared to most other 1st world countries. Look at Japan, Germany, England, Canada etc.
What do you think the timeline is for the housing market crash?
"Bonus: I think Blackrock is NOT gaming the rental market, they're gaming future bailouts after it eats shit again." Could you explain this a bit more?
In general, I think it's better to be a landowner than to not be a landowner, even with the Property taxes. Would you rather be a renting pod dweller? And least you can theoretically pass on your land to your kids.
American housing/land prices are still very cheap compared to most other 1st world countries. Look at Japan, Germany, England, Canada etc.
crash is happening, right now, in slo-mo.
the fed that rates are 5-6%, and j-dawg-powell finna raise rates 4-6 more times this year, is gonna really give steam to the housing crash.
historically, real estate is 6/12 months behind cause its not a liquid market. it takes a sec.
so, right now, literally the housing market has crashed... and in 6/12 months, the literal damage will be evident.
as some industrialist-illuminati-cunt once said.... when the rivers run red, buy, buy, buy!
Wow, that's crazy!
On the other hand, the Japanese may be able to have enough space for more than just living in a closet lol