I currently only make $23 an hour. By the time I reach 56, I still wont be able to take a loan on a house because I don't make enough. As they told me last year.
A 2 bedroom near a school for the child, $422k.
Then we found out that the city moved an illegal family into a house that was foreclosed on by the bank, and now the banks are suing the city for using the banks property without permission.
Once boomers start to die off en masse, and younger generations can't afford a house, the housing bubble will burst. The bankers in charge will certainly try to mitigate it, probably by bailing out the housing sector, to keep prices high, and mass importing even more foreigners and giving them those houses.
Hopefully, by that point, enough downward trends will join and all of Western civilization will collapse, allowing us to boog 2 our problems away.
Yep. Civilizational collapse and Boog 2 will fix that, too. There are no feminists in war and hardship. Women automatically go back to tradwife the moment life gets hard. Feminism has been the largest contributing factor for the fall of birthrates, as instead of women getting married and having kids, they've been pushed into the workforce en masse, during the most fertile years of their life, and only want to "settle down" in their 30s.
Possibly, but the farther along this entire charade circus goes on, the worse off investing in the U.S. will be, except for those in on the fraud. When the collapse hits, it doesn't matter how much land or fake money these idiots have. It'll all become worthless over night. The collapse won't just be in Western civ, but the entire planet, because of how stupidly interconnected the globalists and bankers have made it.
If a world of constantly expanding Browns, land prives will never crash. Even with the clown show in the West, it would still take a hundred years before we're as bad as the shitholes they come from.
The ever increasing brown tide causes much more problems than it "solves" for the "bankers". It leads to a competency crisis, a steady degradation of the high trust society, crashing levels of social cohesion, men dropping out of society, military and LEO recruitment way down, comforts being taken away at a steady pace, increase in crime rates, reduction in wages, reduction in high IQ workers, increase in welfare rates, more takers and fewer producers, more social strife and violence, more racial awakening in White people, more collectivization of White people, more stringent and unapologetic White ethnic enclaves, more talk of local and state secessions, more money printing, more inflation and monetary devaluation, fewer people being able to afford to merely live, increasing numbers of people getting uber pissed and ready to revolt. In every conceivable way, this all leads to a civilizational collapse and boog 2.
I'd like to help you get your income up. Even the illegal alien spics who do landscaping around here make more than that, paid cash, per hour. Let me know if you want to discuss it or else i will fuck off.
Landscaping is literally more 'manual' labor than my job of getting construction workers their needed parts for their equipment. I never did include monthly spiffs, but it dont matter none.
Makes sense. Everyone knows it’s impossible to pay it off, so they may as well take on a mortgage that they don’t need to pay off because they’ll be dead before the term ends.
“Oy vey, goyim; we have you covered there! Just enslave your children and grandchildren to paying for a home that you, they, and their children will never be able to afford! Ever!”
I expect the housing market to crash. Seems properties are severely overpriced. Also home insurance and property tax are becoming so unaffordable in so many parts of the nation.
I cannot predict if the housing market crashes on its own or as a result of other problems with the economy and national debt or currency related crises.
My home insurance has more than doubled since 2020. That's just 5 years. No changes in coverage.
Now I don't think so. I think we are now seeing the creation of a class system with those wealthy enough to own (and pay taxes/insurance on) houses and those who rent. In another ten years, it will be essentially impossible to buy property unless you are helped by someone who already owns property.
The government can selectively subsidize property insurance, making it so that only government cronies can afford the property insurance required by loanmakers.
Or else the property insurance is too much that the only people who can afford to buy are cash buyers. This, again, opens the market up to hedge fund managers and locks out family residential buyers.
It does seem that homes now sell for far more than what the material and labor costs are. There's a big disconnect there. Home prices went up a lot during scamdemic when material cost went up. Now material costs are down again, but the home prices remain high? I am subscribed to few real estate sites and filters and lots of price decreases the last 2 years. People are initially asking way too much and having to accept lower offers or continually reduce retail listed pricing. If you ARE on the market for a house, offer much less than what they are asking in this current market.
It does seem that homes now sell for far more than what the material and labor costs are.
It's the land. All this tiny house/shipping container stuff is pointless because over half the price is the land itself. Governments control both the supply and demand and it seems that they've set a hard barrier for entry into the market.
They don't have to deal with maintenance, repairs, landscaping, or any other emergency. They can budget exactly what they need, years in advance, and settle their estate before they die to prevent infighting with their kids. And they can bitch at their landlords to their heart's content.
I currently only make $23 an hour. By the time I reach 56, I still wont be able to take a loan on a house because I don't make enough. As they told me last year.
A 2 bedroom near a school for the child, $422k.
Then we found out that the city moved an illegal family into a house that was foreclosed on by the bank, and now the banks are suing the city for using the banks property without permission.
It's all fucked.
Once boomers start to die off en masse, and younger generations can't afford a house, the housing bubble will burst. The bankers in charge will certainly try to mitigate it, probably by bailing out the housing sector, to keep prices high, and mass importing even more foreigners and giving them those houses.
Hopefully, by that point, enough downward trends will join and all of Western civilization will collapse, allowing us to boog 2 our problems away.
Also the local governments want to keep prices high so they can rake in record high property tax revenues.
True, but any idea on how they'll be able to maintain the prices high, while everyone is selling and no one can afford to buy?
They will hand out bigger Section 8 checks.
The stupidity eventual fixes itself, even if that means alot loses.
Yep. Civilizational collapse and Boog 2 will fix that, too. There are no feminists in war and hardship. Women automatically go back to tradwife the moment life gets hard. Feminism has been the largest contributing factor for the fall of birthrates, as instead of women getting married and having kids, they've been pushed into the workforce en masse, during the most fertile years of their life, and only want to "settle down" in their 30s.
Or telling me they are not going to have children and just have an easy life while fucking me at raves.
I wonder the divorce rates of the 1700's were?
Or...a whole bunch of rich foreigners will show up, somehow, and buy them on the cheap...
Possibly, but the farther along this entire charade circus goes on, the worse off investing in the U.S. will be, except for those in on the fraud. When the collapse hits, it doesn't matter how much land or fake money these idiots have. It'll all become worthless over night. The collapse won't just be in Western civ, but the entire planet, because of how stupidly interconnected the globalists and bankers have made it.
If a world of constantly expanding Browns, land prives will never crash. Even with the clown show in the West, it would still take a hundred years before we're as bad as the shitholes they come from.
The ever increasing brown tide causes much more problems than it "solves" for the "bankers". It leads to a competency crisis, a steady degradation of the high trust society, crashing levels of social cohesion, men dropping out of society, military and LEO recruitment way down, comforts being taken away at a steady pace, increase in crime rates, reduction in wages, reduction in high IQ workers, increase in welfare rates, more takers and fewer producers, more social strife and violence, more racial awakening in White people, more collectivization of White people, more stringent and unapologetic White ethnic enclaves, more talk of local and state secessions, more money printing, more inflation and monetary devaluation, fewer people being able to afford to merely live, increasing numbers of people getting uber pissed and ready to revolt. In every conceivable way, this all leads to a civilizational collapse and boog 2.
I'd like to help you get your income up. Even the illegal alien spics who do landscaping around here make more than that, paid cash, per hour. Let me know if you want to discuss it or else i will fuck off.
Landscaping is literally more 'manual' labor than my job of getting construction workers their needed parts for their equipment. I never did include monthly spiffs, but it dont matter none.
Makes sense. Everyone knows it’s impossible to pay it off, so they may as well take on a mortgage that they don’t need to pay off because they’ll be dead before the term ends.
Unless your kin pay it off, they will not be able to inherit the hoose.
“Oy vey, goyim; we have you covered there! Just enslave your children and grandchildren to paying for a home that you, they, and their children will never be able to afford! Ever!”
I expect the housing market to crash. Seems properties are severely overpriced. Also home insurance and property tax are becoming so unaffordable in so many parts of the nation.
I cannot predict if the housing market crashes on its own or as a result of other problems with the economy and national debt or currency related crises.
My home insurance has more than doubled since 2020. That's just 5 years. No changes in coverage.
Hahaha, I said that once.
Ten years ago.
Now I don't think so. I think we are now seeing the creation of a class system with those wealthy enough to own (and pay taxes/insurance on) houses and those who rent. In another ten years, it will be essentially impossible to buy property unless you are helped by someone who already owns property.
The government can selectively subsidize property insurance, making it so that only government cronies can afford the property insurance required by loanmakers.
Or else the property insurance is too much that the only people who can afford to buy are cash buyers. This, again, opens the market up to hedge fund managers and locks out family residential buyers.
It does seem that homes now sell for far more than what the material and labor costs are. There's a big disconnect there. Home prices went up a lot during scamdemic when material cost went up. Now material costs are down again, but the home prices remain high? I am subscribed to few real estate sites and filters and lots of price decreases the last 2 years. People are initially asking way too much and having to accept lower offers or continually reduce retail listed pricing. If you ARE on the market for a house, offer much less than what they are asking in this current market.
It's the land. All this tiny house/shipping container stuff is pointless because over half the price is the land itself. Governments control both the supply and demand and it seems that they've set a hard barrier for entry into the market.
Why the hell don't Boomers move into rentals?
They don't have to deal with maintenance, repairs, landscaping, or any other emergency. They can budget exactly what they need, years in advance, and settle their estate before they die to prevent infighting with their kids. And they can bitch at their landlords to their heart's content.
That's incredible.
Unsustainable. Next few years will be stagflation and correction.
Interesting that it didn’t go down at all when home prices were super low around 2012