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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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>> No.54973911 [View]
File: 48 KB, 881x994, Priced Out.png [View same] [iqdb] [saucenao] [google]
54973911

>>54973339
Housing is never coming down in any meaningful way. There is a massive undersupply relative to the demographics. Everyone is locked into 3% mortgages and never selling. If you didn't own in 2019 you are FUCKED.

>> No.54965518 [View]
File: 48 KB, 881x994, Priced Out.png [View same] [iqdb] [saucenao] [google]
54965518

The reality is that if you don't already own, you are priced out for the next ~20 years. There is too big of contingent of millenials that have entered home living age, and will live in SFHs for the next 20 years while they raise families.

In 20 years once the boomers start dying en masse in nursing homes and some millenials become empty nesters, then housing is demographically FUCKED beyond belief.

So just wait until you are about 50 or so and you will be able to pick up some good deals then.

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