>>213066558 (OP)
We must never forgive the powers that be for demolishing the lives of 70% of people for the coof.

You fags know you can buy land and build your own, right?

>>213066618
>$17,000 a year

How did mid-evil peasants afford to have 10+ kids?

>>213066728
Here the majority was on board with it

>>213066789
Half of those 10 kids died before they reached 7 years old

I mean hell they life expectancy in 1880 in Europe was like 45 years old or something

Prices have risen 12% in one year in my city.
ONE YEAR!!!!!!
Of course this is also around the time I'm looking to buy an apartment :(

>>213066558 (OP)
Do you think this is just another method of population control

why should property owners accept massive losses to placate less productive people and youngsters? that is textbook communism

>>213066861
Has the population of your city increased by 12% in 1 year?

>>213067040
No, but we took in a bunch of Ukrainians who have probably all been given city/stated funded housing.

>>213067024
In this case it would be receiving less profit for simply existing near an appreciating asset. However, it isn't the responsibility of individual boomers to sell their houses for less, it's the responsibility of local governments to stop prohibiting construction, which artificially constricts supply and prevents the market from functioning.

>>213067417
if properties devalue significantly, it will destroy large swathes of equity, reduce spending, hinder construction due to oversupply, destabilize or wipe out banks. it would be devastating especially for the american middle class

>>213066558 (OP)
Basically the same shit here.

>>213066789
Child labour. When you live on land and feed from the land, children can start be helpful around 6 years old.

>>213067526
How does housing prices increase when the population is decreasing?

Seems like it's a scam everywhere in the world. Population can stay the same or decrease... but prices go 50-200%???

>>213067493
>american middle class
Functionally non-existent at this point

>>213067635
>How does housing prices increase when the population is decreasing?
Idk, I'm not an economist.

>>213067493
Allowing supply to meet demand is not the same thing as mandating oversupply and there is no reason to think that simply removing the artifical scarcity will crash the market.
>the middle class
The middle class in the US is being destroyed specifically because nobody under 35 can afford a home, which is again due to the artificial restrictions on supply.

>>213066558 (OP)
>well, we have to charge you this outrageous interest percentage because everyone else is

>>213067635
Population gets more concentrated in big urban centers. You can still buy cheap houses in the middle of nowhere but you'll have to deal with no services or jobs

It's crashing in half of the country right now. But holding up in the other half, which is why the total isn't showing it yet. If Powell holds on to these rates amidst the economy going cold it will dump overall. The question is, do you want that? Could mean weird things.

>>213067804
They're cheaper in the middle of nowhere, but still not easily affordable. The price on the houses in the middle of nowhere has also doubled.

>>213066789
>mid-evil peasants
if you substract the inflation, its about 1700$ a year. and remember back then peasants did not have to pay rent. they either owned the farm, or they were workers living on someones else farm.

(bankers) really fucked us all over by printing trillions of fiat

>>213067635

Because supply is constantly declining due to decay/degeneration and blight. Houses don't stay livable or attractive forever.

>>213066789
only nobles, peasants had few

>>213067493
>significantly, it will destroy large swathes of equity, reduce spending, hinder construction due to oversupply, destabilize or wipe out banks.
Good

>>213067847
Farmers back then were 2 bad harvest seasons away from starvation. Now the average American is obese and closer to losing a foot to diabetes than starvation

>>213067635
Are genuinely this stupid ?? Do your junk the only determining variable of the cost of housing is population growth ?

>>213066789

Kids are literally as cheap as you want them to be. They're exactly like pets. They need food and a roof over their heads to exist. People in the past didn't have excessive expectations like elite healthcare access or endless toys and vacations and shit.

>>213066558 (OP)
Yes thanks to the fucking gringos, rembember a good gringo is the dead one though!!!

>>213068161
If you think digital nomads are having a significant effect on the housing market in a city with over 20M people you're a gullible moron

>>213067994
well the question was about how they afforded it. and despite the occasional bad harvest, the population was rising significantly every year.

and yes, our life quality is definitely better, but we are going extinct still. women decided to stop breeding and rape is illegal so its over.

>>213067635
Even in countries with declining population, people still move to the main cities. That's why anyone who thinks population decline will increase quality of life is dumb

>>213068212
Not really, population went parabolic only after the industrial revolution and modern medicine

>>213066558 (OP)
Construction productivity has lagged behind the overall productivity in society (health care also has). That's the main factor. People spend less money on food, clothing, appliances, which frees them to spend money on housing, which has not experienced significant productivity gains.

Anti-growth policies, NIMBYism, zoning laws, parking mandates are also a major contributor in certain metro areas.

>>213066558 (OP)
how is this actually possible?

>>213066618
>17,000 dollarydoos per year

Maybe in the few years between parental leave and starting school, where they need daycare. Sure, day care is expensive. Outside of that, there's no way a kid costs 17 grand per year, how the hell did they even come up with such a ridiculous number? Caviar and quail's eggs for dinner everyday? I don't understand why these nonsense articles keep getting published about kids costing a million billion dollars each, nor why people believe them so unquestioningly.

America needs 60m high quality Whites. Not a single person more.

>>213068394
Importation of biomass.

>>213068394
Printing money causes it.

>>213068503
What if we started printing houses

>>213068548
They made that illegal

>>213067493
Good

>>213068432
Housing

>>213068394
Magic of neoliberal capitalsim

>>213068718
average apartment rental in Canada is 1700 per month. 17000 dollars per year is like 1400 dollars per month. Even if you assume all food and clothing costs are 400 dollars per month (which is already very generous) how is the housing cost per kid going to be well over the average rent for an apartment? The numbers just don't add up to me. Probably they took the upper end of every possible cost to reach their 17k figure.

>>213069047
well over half* the average rent for an apartment

>>213066789
Slave labor

Everyone wants their own home value to go up, but everyone elses homes to go down. Sorry but it doesnt work that way.

>>213068768
You can't blame capitalism for a problem that has been worsened by over-regulation

>>213069252
Yes you can

>capitalism means NO REGULATIONS!
No it doesn't

>flag

i'm 30 yo and still living with my parents bro

>>213069284
Its not the fault of capitalism that we make it harder for people to build and impose regulations preventing multi-family construction.

A truly free market would have much more housing than we do currently.

>>213069047
Nigga we gotta pay for tutuon here. If your kid is leaving city for 4-5 years plus tuitions costs can legit mean saving up 100k for one kid to get an education

>>213069252
Well in Estonia it is a complete lack of regulation that has caused all of this

>>213069363
But is it the fault of capitalism that we allow large property investment firms to buy up property as a form of speculative investment?

Noooo they only printed a trillion billion dollars
How could this happen and who could have seen this coming

>>213070415
That doesn't reduce housing supply and isn't a problem. Investment firms investing in housing is a good thing because it encourages developers to build. Its easier to get a 350 unit apartment complex financed if the bank and developer believe they will be able to sell it to an investment firm after its built.

Renting should be an option, home ownership isn't for everyone. The government should not try to force everyone to be a homeowner, for some people renting is the smartest option and the government should not prevent investment firms from renting out homes.

If Trump ever starts deporting third worlders en masse the prices will drop substantially. Unfortunately he is probably beholden to corporate interests of cheap labor like every other politician here

>>213070919
>we're going to decrease housing costs by deporting construction workers
Brilliance.

>>213070919
ICE visiting construction sites, tariffs on materials, and overall tariffs preventing rate cuts are causing massive issues for home building.

Trump has been and is terrible for reducing housing costs.

>>213070940
>Deporting 100+ million people that don’t belong here in the first place won’t free up housing supply
Cope!

>>213070987
First, there are not 100M illegal immigrants. There aren't even 100M foreigners in USA

Secondly, you can't just deport almost 1/3 of the population and expect there to be no consequences. There would be significant economic consequences for doing so. Population decline isn't good at reducing housing costs country wide. South Korea and Japan have declining population, but it doesn't matter since everyone goes to Tokyo/Seoul. If we had significant population decline in USA, there would be economic collapse in several metros, people would migrate to a select few metros, where housing would remain scarce.

>>213070987
Proof that nativists are degrowthers just like socialists.

They want to sink our population and cause a labor shortage for no reason. They don't want our country to grow and prosper.

>>213067417
>it's the responsibility of local governments to stop prohibiting construction
It's hard to put too much blame on local governments, considering people in cities all over the world say they're experiencing a housing crisis. The real issue imo is the ultra wealthy slurping up assets globally

>>213068432
It's expensive if you're not a shit parent.

>>213069252
>over-regulation
Lol

>>213068394
In the 50s the government paid to build housing- specifically cheap starter housing, then they stopped so there's a supply crunch. Add flight back to cities and boomers living far too long and it makes sense.

>>213068433

I feel like MAXX POWER AMERICA would be like 400 million Anglo-Germanics spread about pragmatically. Paradise lost

Nah
not really
it´s super cheap here
You can buy Opa Herberts house that he build for 20k deutsche Mark in 1955 for only like.... 400.000 Euros. That´s a nothingburger. You just need to be a dentist or a goverment drone and pay the rates for the next 20 years so you are the proud homeowner of a 70 years old house.

>>213071269
Nah it is extremely fair to blame local governments.
Local governments can just allow construction and redevelopment by right with no restrictions on density, amount of parking, aesthetic preferences, and can eliminate rent control. All of these would have a positive effect on housing affordability.

Obviously there's nothing local governments can do about labor or material costs, but there are things they can do.
>The real issue imo is the ultra wealthy slurping up assets globally
That's not a real problem. Investment firms buying homes doesn't reduce the overall supply of homes. Its not the cause of housing being expensive.
>considering people in cities all over the world say they're experiencing a housing crisis
Yes, but some cities are worse than others. Southern cities in USA mostly do not have housing affordability issues because of lack of regulation and plenty of land to build on in the center of the city (southern cities were hollowed out and had their centers turn into surface parking in the 20th century, which makes them prime spots for significant construction).

Chicago meanwhile has rising housing prices despite being well below peak population. Part of it is that the south side is a warzone, but part of it is just anti-growth policies and a refusal to allow for redevelopment. Every member of the city council can reject any development in their district.

>>213071128
There is more to a nation than caring about economic gains and losses. There are over 100 million+ people that don’t belong here and aren’t American. Caring about growth over American citizens is how you get a shithole like California full of third worlders
>>213071199
Growth is not only good, especially if it comes from cancerous sources

>>213071433
Yes, zoning and parking minimums are over-regulation.

>>213070309

Highly doubtful. In the absence of regulation, people just build. They just build. We prove it here in the US, the states that JUST BUILD BRO (FL/TX/SC) far outpace the regulatory tightwads of CA/IL/NY and home values are significantly cheaper while people continue to flood in to boot.

One thing I love about America is how we can prove certain economic competitions state vs. state within a closed system. CA serves as a cautionary tale for myriad things leftists/statists like to pitch as "harmless" or "not an issue."

>>213071556
>There is more to a nation than caring about economic gains and losses.
There really isn't.

>>213071577

Security, order, trust don't matter? Culture is hugely influential. Crime for instance can bring literally everything screeching to a halt. People stop interacting, they stop doing or starting businesses, they get cagey and clannish. Your economy turns into a corrupt thug economy where only favorites and insiders are allowed to do anything.

See: Brazil

>>213071563
https://www.nber.org/books-and-chapters/technology-productivity-and-economic-growth/strange-and-awful-path-productivity-us-construction-sector

>Aggregate data show a large and decades-long decline in construction sector productivity... measurement error is probably not the sole source of the stagnation. First, using measures of physical productivity in housing construction, productivity is falling or, at best, stagnant over multiple decades. Second, there has been a noticeable decline over time in the efficiency with which construction firms translate materials inputs into output, and a corresponding shift toward more value-added-intensive production. Third, using state-level data, we do not find evidence of patterns of within-industry reallocation that might be expected of efficiently operating input and output markets. States with more productive construction sectors do not see growth in their shares of total US construction activity; if anything, their shares fall. This may point to frictions in these markets that slow or stop what is in many other markets an important channel for productivity growth.

>>213071577
Shant be arguing with a soulless retard such as yourself no longer

>>213071774
The ethnic group that commits the most crime has been here for centuries.

Also Brazil barely has any immigrants.

>>213071774
>lets depopulate our country because...it might slightly reduce the crime rate
No.

Why don't you provide evidence that immigrants are significantly more likely to commit crimes than native citizens if you're going to make such an argument.

>>213071774
https://pmc.ncbi.nlm.nih.gov/articles/PMC7768760/
>We make use of uniquely comprehensive arrest data from the Texas Department of Public Safety to compare the criminality of undocumented immigrants to legal immigrants and native-born US citizens between 2012 and 2018. We find that undocumented immigrants have substantially lower crime rates than native-born citizens and legal immigrants across a range of felony offenses. Relative to undocumented immigrants, US-born citizens are over 2 times more likely to be arrested for violent crimes, 2.5 times more likely to be arrested for drug crimes, and over 4 times more likely to be arrested for property crimes. In addition, the proportion of arrests involving undocumented immigrants in Texas was relatively stable or decreasing over this period. The differences between US-born citizens and undocumented immigrants are robust to using alternative estimates of the broader undocumented population, alternate classifications of those counted as “undocumented” at arrest and substituting misdemeanors or convictions as measures of crime.

based

>>213071537
>Nah it is extremely fair to blame local governments.
>Local governments can just allow construction and redevelopment by right with no restrictions on density, amount of parking, aesthetic preferences, and can eliminate rent control. All of these would have a positive effect on housing affordability.
Doesn't matter much when people with hundreds of millions of dollars at their disposal buy it all up
>Investment firms buying homes doesn't reduce the overall supply of homes.
It does for the middle and lower classes
Face it, you will never be a billionaire no matter how much you simp for them

>>213074933
>Doesn't matter much when people with hundreds of millions of dollars at their disposal buy it all up
They don't buy it up for fun. They rent it out.
It doesn't reduce supply, in fact it creates incentives to expand supply.
>Face it, you will never be a billionaire no matter how much you simp for them
I don't have to be a billionaire to realize that banning investment firms from buying homes is a bad idea.

I enjoy the fact that I can rent an apartment and don't have to go through the process of selling and buying a home every time I move to a new city. I enjoy the fact that investment firms provide a reason for developers to develop, which helps keep rent more affordable.