>>514040037
>"What does this mean"
Multiple things, but lets look at it from multiple angles.
>The 2008 theory
The 2008 crash happened because of excess supply of homes (among other issues with subprime mortgage loans being incentivized by the government). Subprime adjustable rate loans didn't go away, so what changed?
Well corporations bought up the excess housing so supply didn't drop. This mostly happened in major cities btw, mid size and lower end cities not so much. Buying up the excess supply kept a crash from happening.
>You will own nothing
The incentive was "we will become landlords! We will make so much money!"
Well, that didn't quite work as expected. You see, you have obligations as a landlord, outsourcing to a management company costs money, and people can only afford a limited amount. On top of this you rent to the wrong people say good bye to the value of your assest and learn to appreciate land value alone.
Zillow notoriously screwed them selves by overpaying and using AI to buy.
>The end is neigh
Inflation is gonna make housing prices go up. I have a theory that it will inflate to a point where even if we have a 2nd housing crash (we won't for complicated reasons unless the people buying homes aren't using 1st time home buyer loans and are defaulting like crazy). So if banks hold on to these valuable assets they can sell once we switch to whatever retarded cbdc crypto hybrid trash we are heading to, then they make massive profit for doing nothing
>OMG cataclysm
Look at WHERE the homes are being bought. Now consider all the cataclysm rumors. Now consider either a full insurance payout, owning some of the few properties not flooded or destroyed, or a mix of both.
I don't have all the answers but I think gov coordination to avoid 2008 is part of the answer and holding for value increase is the other for certain which after 5 years has proven true.
As for landlord theory, look up how bad these rentals are failing. They tried it tho...
