/biz/ - Business & Finance

>>13278540
should have bought land, its a finite resource.

>>13278540

The music is about to stop and booming are dumping their bags.

The collapse of society

There are still enough suckers who don't yet realize that they won't make it.

>>13278540
bubbles

Housing is going to dump the moment companies decide to go back to remote or fuck off to Texas or Oregon.

House is 10K, land is 2.3mil. Houses don't get more expensive, land on which their built is

>>13278540

boomer price fixing, china, et al

>>13278560

all the land was bought up decades before you were born

>>13278675
and you, owning none, are paying mr goldstein, who is paying his taxes to uncle sam.

might as well get your hands on what you can now so you dont end up living in the bronx for $1000 a month rent and own nothing

>>13278540
Wouldn’t the common sense answer be globalization? Oversupply of labour lowers wages and increases housing prices because land is finite but there are more people that need houses

>>13278540
0% interest rate on debt

Could you theoretically..
> buy in land in the boomer hood
> rent it for free to pack of wild niggers (maybe even get some government gibs for that)
> terrorize boomers
> buy adjacent land for cheap
profit

>>13278890
it actually works, you can rent it to meth heads and they will cook shit in the house and stigmatize the whole area around the house tanking everything around it. if you have enough cash you can then pick up the adjacent properties for lower price and then just pay for the meth clean up but it will sometimes cost $30,000

>>13278890
the only problem i can think of by renting it to people like that though is kicking them out since they can become squatters

>>13278890
This already happens. Buy land, build projects, drive land values nearby down, whites leave and sell their land to you for cheap. Then once you own the whole neighborhood, tear down the projects and 'revitalize' the neighborhood with nice condos and townhouses and sell it back to white people for 5x what they sold it a decade ago. Oftentimes there is an intermediate period where you invite a bunch of artists to live there for cheap so they can do mural projects and etc and give the place 'character'. Then spike the property values and rent and evict them and sell the 'character' to soulless rich yuppies who want to pay top dollar to enjoy a sense of community that had no part in building (and in fact by moving in and ejecting artists are basically complicit in destroying that community)

Once the community spirit and charm has died off and all the working/artistic poor people have been ejected and all the rich yuppies have wandered off to find a new place to suck the life out of, then it's time for a new generation of unscrupulous landlords to start building projects again and the cycle begins anew.

>>13278890

you've just discovered 20th century real estate speculation tactics friendo

>>13278540
Federal reserve and other high level banking shit decides housing prices in the anglosphere.

>mfw i might never own a home

>>13279040
>>13279468
>>13278890

>literally jew real estate schemes for the past 100 years.

at least biz learns and understands

>>13278687
>buy the bubble goyim
once we have a deflationary spiral and boomers are forced to shake their hands for retirement money, i'll consider buying

>>13278938

>>13279040
I read your post and felt like lifting up a lion cub while on the edge of a cliff

>mfw boomers are just waiting to be done selling their cardboard houses for 500k to millenials
>then they will raise interest rates again so they buy it back at 20% the price
You can't win. I can't stomach the real estate meme, so even tho I could afford to buy, I'm living with my father.

>>13279040
>and in fact by moving in and ejecting artists are basically complicit in destroying that community
nah idiot people just want to live in a cool area for cheap, don't try and blame the jew on the common folk who is still getting exploited to simply get a roof over their head.
fucking boot-licking faggot

Boomer holocaust can't happen soon enough.

>>13278687

>living in the bronx for $1000 a month
>bronx
>$1000

Try 1700-2000 for any decent place.

>>13278540
DAS JUDEN

>>13278540
Construction 3d printers are gonna a stop at this masquerade soon.

Like the piece of shit in OP's picture is worth 2 millions.

>>13278540
you can buy

its money laundering thats it

No real questions about it.

If it walks like a duck, quacks like one

Its money laundering

>>13278540
you can buy something like this for €50k in my country, i'm saving up and gonna buy it in a few years

>>13280335
If boomers are jews then does that mean that I am also Jewish?

JUST LET ME HAVE A PLACE TO SLEEP AND FART AND EAT DINNER SOMETIMES THAT'S NOT UNDER A BRIDGE OR INFESTED WITH NIGGERS FUCK

So real question /biz/. Do I buy now and put a roof over my white children’s heads, or wait out the bubble? I don’t want to nig out and dump 5 kids into the world with no money to support them, but they need a home right?

>>13280364

As many have said. The shit box itself isn't worth 2 million. The land that shitbox it sits on, is what cost so much. Construction technique matters little.

What would matter, is changes in zoning. That piece of land is only zoned for single family residential. Zoning it for multi family would make for a much more efficient use of that land.

>>13278540
easier mortgages

>>13279040
You should perhaps mention that this cycle takes around 30-50 years. Its not like you can sit there and follow it through start to finish in a couple years. I think it seems to happen naturally almost, people moving the strings just pick up where the others left off over the decades and just carry out the next step.

>>13280421
Nice table buttplug. God I fucking hate open plan kitchens. I hate open plan everything. London is full of open plan shit apartments they disgust me.

>>13278890
has been an thing for a long time https://en.wikipedia.org/wiki/Blockbusting

Housing market is big cluster fuck. Few years the market is fucking insane, prices going skyward with no end in sight. Next few years; the market shits. That home that costs $200k or more now will be listed at half that or less during the next shit cycle.

I bought my home during the last shit show. Nice 3 bed/1 & 1/2 bath w/ basement & garage. Main floor totally redone. Got it cheap.

4/5 years later house next to mine sells for way over what I paid for mine. Only thing they did was replace the windows. Rest of it dated to the late 60's. (saw pics on Zillow)

>government prints money
>gives to people to buy houses
>why do housing prices keep going up??

>>13278668
>and others
lazy. fancy, but lazy.

>>13278540
because land directly relates to location and travel time. closeness to amenities like transportation hubs, good schools, parks, shit like that. a house is a depreciating asset like a car, wear and tear devalues it. property on the other hand continues to rise because everybody always wants to reduce their travel times and live in nice neighborhoods. if you don't understand why that house is worth that much, you know nothing about business in general.

>>13278938
unfortunately the natural gas leak got them. looks like it was installed incorrectly, started leaking at night, and boom, they all ded.

>>13280206
Van living or bust. This shit is just ridiculous anymore

increased immigration simultaneously drives up housing prices and depresses wages

>>13280434
jew hasn't meant jewish for 10 years grandpa

>>13281346
This. Illegals are buying all the housing. The system is working perfectly. The problem is the people. Non-whites are too wealthy and powerful.

>>13281383
immigration != illegals

reminder these threads are a failed attempt at convincing zoomers to turn communist, you NPCs

>>13278540
>Get Me My Booze Boy

>>13278540
>birthrates continue to go down
>millennials stop having children
>population continues to increase
What the fuck is happening?

>>13281396
really? think about it, it's not hard.

>>13281393
ironic since you're pushing (((their))) narrative

>>13281393
>Talking about economic reality makes people dislike capitalism
Ironic because 30 years ago the opposite was true.

>>13278890
They literally used to do this. In the 60's and 70's a bunch of realtors realized wealthy people in the south were super racist. So they hired a bunch of black mothers to take their strollers around these neighborhoods and tell people they just moved in. The racists were so scared of the scary niggers thet sold their big homes for cheap to the realtors

>>13281411
>((their))
youre just false flagging as an 'antisemitic'. anyone can see through it at this point. youre probably leftypol or an ancap

Natural selection declares youre too stupid to find affordable housing

>>13281444
>reality
what do you know. insect? Get a job stop smoking weed and you can afford a home

>>13278890
https://en.wikipedia.org/wiki/Blockbusting

>>13281447
good goy

>>13278562

Basically this. We are at a peak. A peak that is right next to a cliff.

Most boomers got what they wanted and have the property they felt right about buying.

What they don't fucking get is that most people under 35 are making shit money and have a ton of debt.

When a product has no new buyers, guess what happens to the price of that product?

>>13281556
They are importing buyers as fast as they can.

>>13281607
No that's the slave labor you're thinking of.

>>13281502
Jewish interests practiced this in the Germantown neighborhood of Philadelphia
This neighborhood was founded in the 1600s, predated the country itself, and even served as a temporary capitol during revolutionary times. It couldn't survive a few years of blockbusting in the 50s.
Lets just say, it's not German anymore

>>13281556
Laws in amerifat are allowing foreign investors with tons of cash to come in and continue to buy houses at these prices - i don't honestly see an end in sight. Things are still going for 20% over asking price in cash for places people won't even live in. Most millennials don't even have a chance and aren't even the demographic anymore.

>>13281556

Not only doesn't the old product have no buyers, we have seen a global building boom all across the planet. There's a ton of new inventory out there too and it's not always radically more expensive than the old crap that's often in need of expensive repairs.
Also not only is the debt problem, but a ton of people without debt don't even qualify for loans anymore as banks get stricter with their terms. We're going to see a drop that's unprecedented and it's going to be global.
What's the most interesting thing about this is the recovery phase.
Things are so fucked all across the spectrum that I don't think we're going to see a rapid recovery. It might take well over 10 years for the prices to return anywhere near where they were.

Jokes on you, housing prices in crypto would continue to decrease.

>>13281739
>>13281556

>>13281724

Who is right? I’m looking to buy a house and I don’t think I can wait another year until I start making white babies.

Ohh no I can't buy property where all the housing is in a bubble, no way I'm moving to anything but San Francisco or New York, forget the rest of the country.

>>13280301
tfw paying 1400 for ROOM in the fucking BX just because its close to college.

>>13278540
Jews artificially manipulating our economy and swindling money out of our pockets in the form of gibs, taxes, insurances, licences and regulations in an effort to make it difficult for white people to form families while making it easy for shitskins to propgate so that they can advance their Kalergi plan agenda and genocide the white race.

>>13280456
wait out the bubble. Save more money for a larger downpayment. That way when the bubble does pop, you can actually have a small enough mortgage payment to take care of your retarded spawn.
Or go ahead and mortgage a house at today's interest rates and whore your children out to payon the pricipal. I dont care.

>>13281739
In 10 years, Ill have saved enough LINK to buy 10 houses on the cheap.

since millenials /families and couples dont want to buy houses the only ones left in the game are big property/development companies.
so sellers are trying to maximize profits and adjust for market demand.

stupid idiots are letting buisnesses buy land instead of townspeople coming together to purchases it as a citizen owned endeavor.
this result in new corporate fuedalism, no one owns, they only rent or get assigned lodging by their company.

There is this old boomer at work. I'm sure they get paid double what I do. She and her husband are buying a new bigger house in a better area than theirs.

This is housing. Boomers buying expensive houses from other boomers who can't take care of it anymore. Boomers jewing boomers. This is the last of housing increases.

>>13278540
chinks

>>13278540
Mass immigration and welfare.

>>13283079
H-houses are a ponzi scheme...?

Oh my god this makes so much sense, everyone refuses to sell their house less than they bought it for because "muh houses always go up"

hollyyy sheeit. We need to give them a reason to sell.

>>13280206
>pic
>implying you know your father

>>13280456
Depends on if you can find something cheap that you'll pay off <10 years. That's what I'm doing.

>>13278540
You don't need to be a citizen to buy US property. The world wants US property. Therefor, the quality of US citizen success has very little to do with the cost of US property.

>>13278925
Might as well just burn the whole neighborhood down too at that point, you have all the fixings for it and it kills two birds with one stone so that you can rebuild with reasonably sized yet high quality houses (i.e. NOT Mcmansions) with the insurance money afterward.

>>13283112
>We need to give them a reason to sell.
It is the cycle. They will find a reason when everyone else is doing it.

chinks buying with cash

>>13281396
Pic related

>>13283434
reported

>>13281055
You are retarded. €50k buy you shit in London or most parts of the UK. Thats probably somewhere in Eastern Europe (educated guess Estonia), and given the shit pay Europeans have compared to the us it may take 5-10 years to save up depending on what job he does.

>>13281800

>>13278540
Wages aren't going down you dumb faggot.

>>13278540
All wage growth that used to belong to the US population now goes to the Chinese wage worker. Chinese new middle class now has excess disposable income they need to park somewhere. The Chinese then buy US residential real estate and let it sit there, since it's better than keeping money in the mainland even if its not rented out.

Basically, the Chinese are getting your jobs, your wage growth, and using it to buy your houses.

>>13283445
;_;

>>13280257
1 shekel has been deposited into your account.

>>13283469
housing price to income has been going up steadily, we are at the very least going to see a correction in the coming years

price to rent ratios in my area are like 30+, horrible roi

long term capital appreciation of homes is going to be mediocre at best

there are just so many better risk return investments right now - crypto, electric, 5G, software