posted ago by LightBringerFlex ago by LightBringerFlex +9 / -1

Here it is in a nutshell.

Housing prices aren’t supposed to go up. They are supposed to go down like Electronics since building homes is cheaper with new technology.

The reason they go up mostly is because certain elements like Blackrock buy up tons of homes and offices and leave them empty. This way the inventory levels of homes are artificially reduced making available units more expensive since more people are competing for them.

However many in Real Estate have been saying the Housing bubble is about to blow which would greatly reduce home prices which is actually good for affordability. When people borrow tons of money from the bank, they end up paying 4x as much in 30 years. Better to pay less.

I am not sure why the inventory levels are rising. Is Blackrock opening them up to the public? I know Corporations have been struggling lately. Even Banks are complaining and Bankers own Blackrock basically.

Here’s some stuff I read on Pol today?

Comments (9)
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DZP1 5 points ago +5 / -0

I know that the price of lumber has gone through the roof just like gas. The elite have set up a full-blown economic war to bring down the US.

intellectual-darkweb 2 points ago +2 / -0

They want a Weimar 2.0

Edinedii 2 points ago +2 / -0

Transplants + hedge funds (Blackrock) pricing out the locals

alltheleavesarebrown 1 point ago +1 / -0

Blackrockefeller prints money.

Michalusmichalus 1 point ago +1 / -0

I thought payroll, and insurance were the cause.

LightBringerFlex [S] 2 points ago +2 / -0

How so?

Michalusmichalus 1 point ago +1 / -0

Inflation hit payroll too. Everything gets bonded, and insured. Those are two of the highways costs.

Hand_Of_Node 1 point ago +1 / -0

since building homes is cheaper with new technology.

This makes no sense. Every aspect of building a house is getting more expensive. Land, labor, and materials are increasing in price, so that's reflected in housing costs.

Andromedan-Paladin 1 point ago +1 / -0

I am not sure why the inventory levels are rising.

Vaccine deaths