Thread 509176261

Here we see housing at a 100 year low priced in gold.

https://www.longtermtrends.net/real-estate-gold-ratio/

Lumber is rising.

https://tradingeconomics.com/commodity/lumber

The bottom is already in and past. Housing will double in USD price in the next two years.

In 2030 you will be considering a 30% interest rate loan on a $5,000,000 single family home.

Property taxes will be $250k a year. "If you can't afford the taxes don't buy the property." propaganda messages will be on all comms.

You will live in the pod. What are the political implications?

>>509176261 (OP)
We need YIMBYism, simple as. Supply is just too low, we need to build housing like crazy. Unfortunately boomers view their houses as financial vehicles even though they live in them, so they vote against building housing, and homeowners are more likely to vote than renters. Dems need to galvanize their younger base with younger representatives who have a message that actually resonates with them i.e. not decrepit-ass nancy pelosi yapping in front of her $30,000 fridge, and maybe we can actually get some housing built.

>>509176261 (OP)
housing isn't getting more expensive. the dollar is becoming more worthless as a result of printing and cheap debt.

>>509176669
Another contributing factor is global dedollarization.
Many BRICS nations are emptying their dollar reserves because they don't need them anymore since both Russia and Iran are selling oil for currencies that aren't the dollar.

My plan is to go the RV route. I will liquidate all my assets and invest them in Chinese stocks with a foreign broker using a foreign business entity I will create.

The RV will only be intended to get me to Alaska where I will get a plane or boat to China. I expect this journey to take me about 5 years given the expected conditions in America at that time.

By the time I arrive I should be a wealthy investor and able to secure Chinese citizenship or refugee status.

I still expect to live in a pod but in a high trust society.

>>509176261 (OP)
Housing in Toronto will crash on the basic premise that it is currently 8x average home price to average household income when historically it’s all been below 5 and the highest it ever was during the last housing bubble was 5. The same will happen to the rest of Canada and America but there’s still lots of fucking America has yet to receive.

>>509176557
>Supply is just too low, we need to build housing like crazy.
lol, no. Just deport all 40M illegals and we have such a huge housing surplus that the home builders will be shitting themselves.

We don't need more housing, we need less housing demand.

>>509177873
Right here. In Toronto and all of Canada prices are only up because of unsustainable population growth. And it doesn’t have to be because immigrants are buying homes. Rents increase and therefore house prices increase.

>>509177633

It's the rafe for returns in a world of dying fiat currencies.

>>509177873

Not a supply/demand issue, just dead dollar and workers too dumb to demand more which ignites the hyperinflation.

One day the slumbering Wal-Mart workers of the nation will ask for more and on that day the dollar will die.

>>509176557
>We need YIMBYism, simple as. Supply is just too low, we need to build housing like crazy. Unfortunately boomers view their houses as financial vehicles even though they live in them,
Ultimately the youth are not establishing families and reproducing because everything is so dystopic, including inability to afford a house
This becomes self-regulating on the long term. To drive housing prices, population growth is needed, but for population growth, a house is needed. The paradox resolves when the population collapses, so too will housing prices. Not soon though, maybe you are right it goes up in the next few years, but 10, 20 years from now, that shit will plummet

>>509177873

Ding ding.

Biden let in so many illegals, and h1b legal immigrants typically make much more than us citizens overall and so have more buying power of limited houses.

Importing tens of millions in a short time priced out a lot of the economy.

Take legal action against those employing illegals and it stops.
Stop letting businesses own single family homes, and more will be for sale for less rather than rented.

The solutions are known. The elite just have no loyalty to the citizens of economic zone 17, where they live part of the year.

>>509176669
more reason to lock in that 30 year now.

>>509176261 (OP)
Nigger, nothing is going to get cheaper. Congreff is about to create trillions of extra dollars in debt in addition to their normal drunken sailor with a credit card annual deficit spending.
We’re going to see 15-20% real annual inflation when that hits.

>>509176261 (OP)
Yes it will and corporations like Tri-Con will be underwater within 5 years.
The bubble in 2008 is nothing compared to what is to come. You would think we would have learned something with the rubber stamping bonds with A+ ratings all while knowing the tranches are full of shit paper as all they did to avoid another financial catastrophe was discontinue the SISA and NINA and then drop conventional lending requirements to a 620 score, 3 % down and you are A paper baby.
Nothing was done about the CDO's and synthetic CDO's and now they are available for ALL lending so revolving debt and auto finance loans are also included. Now imagine how many fund managers are buying those at huge profits for themselves... Yeah it's coming down it is only a matter of when. Our GDP and fundamentals look good when you don't look too close.

>>509179215

You will live in the pod.

>>509179399
I'm in danger!

>>509179399
Nein!

>>509179610

Every boomer McMansion can be converted into a 15 luxury bedroom immigrant apodment. Blackrock isn't going to allow you to own one.

>>509176261 (OP)
2030 will be the age of acceptance. It should be like the 1950's again. Something should happen that will plunge the cost of living. Most likely in this decade of testing.

>>509179052
Good luck maintaining payments on your mortgage when you can't even afford food.
The cops will surely sympathize with your plight while they're repossessing the house for the banksters.

>>509177873
>"Just" deport all 40M illegals
we're trying that now
cheap housing is going to require immigrant labor. Ideally not illegal immigrants but hey.

>>509176261 (OP)
it literally went down from 2021 you stupid!

>>509177873
Deporting 40 million is the correct answer. It's like building 8 million homes.

>>509180265

Housing will never be cheaper in USD than they are now.

>>509176261 (OP)
>In 2030 you will be considering a 30% interest rate loan on a $5,000,000 single family home.
absurd. no one can manage any down payment for $5M.

>>509180420

Blackrock will be able to and your foreign overlords who will buy blocks at a time with inflated worthless dollars they dump.

>>509180409
It's price-to-income ratio and mortgage burden that really matters

may no key go uncopied gentlemen
day of the rake will come

>>509176261 (OP)
i like how covid somehow added $75k over night?

>>509180488
The ROI still isnt there. Everyone I know with a rental says that eventually a tenant will destroy the place.