People have been warning about it for decades now but we're finally there.
I was looking up places to rent in California today. I looked at dozens of these listings for 1 bed 1 bath and 2 bed 1 bath apartments (and houses) well north of $1000. I was thinking, hey this could be manageable on a California salary. But wait. When I read the fine print, they are all just looking for roommates. All of them.
Anyone else remember when you were getting a huge discount if you were willing to live with roommates? Not $1200, $1500 or $1600 a month. It was more like $400. This is just nuts.
It's all due to asset inflation. We should hope that Trump does crash the economy to get these prices back to something sane.
Mass deporting illegals will also decrease the prices of homes and rentals.
Yes, they will live 5 families to a 4 bedroom house. That's how they can afford the rent. I will propose that it's all by design