Houses in 1970 cost 5,000 euros.
Today the same house costs 500,000 euros.
In 1970, minimum wage could allow you to afford a house in just 2 years.
Today it takes 15 years on minimum wage to afford the very same house.
Considering that inflation has gone up 150% in 10 years on all goods and services, by the time you save up to buy a house in 15 years, it will be double the cost to purchase.
Meaning that today's generations will never be able to afford a house, because mortgages are on a variable rate in most banks, not fixed rates.
Meaning that even if you get a mortgage, 400k is 800k repayments which becomes 1.2m in less than 15 years of repaying the mortgage.
go back potatonigger >>>/a/
>>509395385 (OP)So how you have housing for immigrants ?
How this happened was banks created shell companies and got bond loans from government's and funneled the money into their own stocks and company portfolios through investing into their own personal shell companies and businesses.
Totalling about 100 trillion euros which was artificially inflated, as 10 billion loaned out was consider 10 billion still in the banks portfolio as assets, not debt, so when the money circled around and entered the bank accounts of shell companies that are appearing to earn a profit on the global stock market, but it is laundered money through the loans distributed to failing and fake companies.
This turning 50 trillion into one Quadrillion dollars, because banks that are too big to fail simply default on debts while keeping the money for themselves in offshore shell companies.
>>509395669Because the politicians have stocks and bonds in construction companies and they are importing migrants to house on the social welfare inside of apartment blocks that are rented out and being payed for by the government, but ultimately goes into the back pockets of Politicians.
This is why we have had 150% inflation in 10 years, and reduced social welfare rates.
Just be born with the spirit of a 60 yo man who know every Jewish tricks and indestructible iron will
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md5: bd41834c5be1f7c9979b1b0fb07b343b
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>>509397064Says the country that stole all of the money and gold investments from wealthy fraudulent government bankers, and deposited into your own personal accounts as debit assets after laundering it from the rest of the world.
The mountain jew is real!!!
xD
>>509395385 (OP)Capitalism as a whole has two choices, drop the real state prices meaning the rich and powerful must take a hit, or doom 80% of the population to murderous poverty
Who wanna bet they will doom them?
>>509397533If the matrix gives the order 80% of the population are going to kill the top 1% and reclaim the assets for the state and the country turns to communism.
This is why trump fired tens of thousands of government workers who were in the FBI, and sent DOGE to monitor all transactions within the Federal Government, so as to find and to close and hide all evidence of Banking fraud by the ultra elites and to shut down any investigation.