/biz/ - Business & Finance

Housing has never been cheaper, why don't you stop being poor?

Save in a leveraged short of fiat like QLD, or bitcoin, and then pay cash in a few years. RE is a horrible investment that can't even keep pace with monetary expansion

>record low inventory
>large percentage of a very small number
Wow It's fucking nothing. Threadly reminder that RE is a horrible investment and you should only buy a house if you can pay cash or the mortgage is comparable to rent and the down payment is an insignificant fraction of networth

>>58043461
You are free to use interior stores of value, in doing so you'll cede economic influence to more positive sum actors using superior SoV

>>58016751
>it's pure coincidence the average person's quality of life has decline since we abandoned hard money!
Dull little statist slavemind. Money literally flows, monetary expansion causes money to flow almost exactly like electricity, with the "monetary impedance" (how easy an asset converts to money) of an asset determining how fully an asset inflates for a given increase in monetary base. This is the cause of the wage/productivity divergence seen since '71, this is why real estate underperforms equities, this is why nothing can stop bitcoin.

Bad financial decision. Housing is high monetary impedance so will always underperform lower impedance assets like BTC or equities over time. Property is consumption not investment, only buy after you've made it or when mortgages are comparable to renting

>>57862075
Cry moar faggot

>>57745065
>Its literally the reason youre still poor.
False. Monetary expansion is the reason wages fall in real terms, labor is a high monetary impedance asset and as such it's more difficult for new money to flow into it, something is seen in other high impedance assets like housing, which has also fallen steadily in real terms

>>57690003
>property ladder
Smoothbrain. RE is a horrible investment, if your house is a significant fraction of your networth you WILL die poor.

Housing is the ultimate shitcoin, as long as you save in low monetary impedance assets (BTC, large cap equities, gold), houses will only ever get cheaper

>>57583277
>Just buy real estate
Retard.

Houses are cheap, you're just poor

Money literally flows, monetary expansion causes money to flow almost exactly like electricity, with the "monetary impedance" (how easy an asset converts to money) of an asset determining how fully an asset inflates for a given increase in monetary base.

While houses will not fall in nominal price, they will continue to fall in real terms due high monetary impedance. Mortgaging a house should not be undertaken unless the total cost is comparable to rent AND the down payment/closing costs/tip is less than 25% of net worth, elsewise you'll be cannibalizing too much of your capital from leveraged low impedance assets (2x equities/BTC) that will outperform monetary expansion and provide a means of escaping the wage cage.

Don't mortgage unless the total monthly payment is comparable to rent AND the down payment (plus closing costs plus tip) is less than 25% of net worth, housing is a shit asset that underperforms monetary expansion, don't trap a significant fraction of your capital in it

>>57486626
>>57486651
No. Money literally flows, monetary expansion causes money to flow almost exactly like electricity, it flows into low impedance (liquid) assets just as electrons flow into low resistance, or water flows into unobstructed channels. The wage/productivity divergence e.g. is caused by this phenomenon, as labor is an exceptionally illiquid/high impedance asset. The same pattern is seen in other illiquid assets like housing, notice that high-end housing has seen a SHARPER decline (factored for money stock) than low-end housing, which is to be expected as high-end property is even less liquid than normie SFH. In contrast, low impedance (liquid) assets such as gold or equities move in lockstep with monetary expansion, in effect, monetary expansion is a parasitic transfer of resources from the whole of the economy to low impedance asset holders. Literally the mechanism behind oligarchical parasitism. No crash, only you, the pathetic wagie debtslave getting poorer and poorer forever.

Housing is a real terms depreciating asset, only buy if your mortgage payment + taxes + insurance will be less than equivalent rent

Because it benefits the parasitic oligarchs, it was a crime punishable by DEATH in renaissance Italy. Monetary expansion is wholly unnecessary for the health of the economy, it's only necessary to secure risk free returns for the parasitic oligarchs, for what is created when new money is created other than a new fraudulent claim on existing resources?

Money literally flows, monetary expansion causes money to flow almost exactly like electricity, it flows into low impedance (liquid) assets just as electrons flow into low resistance, or water flows into unobstructed channels. The wage/productivity divergence e.g. is caused by this phenomenon, as labor is an exceptionally illiquid/high impedance asset. The same pattern is seen in other illiquid assets like housing, notice that high-end housing has seen a SHARPER decline (factored for money stock) than low-end housing, which is to be expected as high-end property is even less liquid than normie SFH. In contrast, low impedance (liquid) assets such as gold or equities move in lockstep with monetary expansion, in effect, monetary expansion is a parasitic transfer of resources from the whole of the economy to asset holders.

Houses aren't expensive, you're just poor.

Housing has been crashing for 50 years, housing is cheap you're just poor.

Your axioms are false, housing is cheap, you're just poor.

Housing isn't expensive, you're just poor

>>57263127
It's dumb as fuck, that's the argument.

SFH has been in freefall in real terms since '71, prices will not fall nominally

No nominal crash. Housing has been falling in real terms since '71, and continues to freefall against Money (BTC)