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/biz/ - Business & Finance


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56077737 No.56077737 [Reply] [Original]

Give it to me straight.

>> No.56077738

Up where white people are moving. Down where black people are moving.

>> No.56077970
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56077970

>>56077737
The central planners implemented an inherently flawed system(fiat currency, mass immigration, citizenship for niggers, etc. etc.). To offset some of the flaws in that system, they implemented a bugfix in the form of forced appreciation of real estate. Natural law states that land does not increase in value with nothing else done to it. Why therefore would a sane individual pay 100 pieces of gold for a property that 3 years earlier was sold for 50 pieces of gold? The land in question hasn't been improved. The purchasing power of the fiat dollar is obviously going to be less over time, but why is the land worth relatively more than the fiat dollar's depreciation?

The natural truth is that property is not neccesarily an asset, but a liability. The few people that make a profit off their land is not the norm. 99% of the population uses their land and home to live in. I repeat, your home is a liability, not an asset. Why then does it appreciate beyond the drop in the fiat dollars value? Manipulation. Massive manipulation.

The central planners of the western government have every last tax payer on a plantation where they issue the company scrip. Have you heard about the Appalachian mining companies that paid their employees in company store credits that could only be spent at the mining company store? We are stuck in the same system, only on a national, or even global scale. Beholden to the fiat nation architects, only to spend their company scrip in places and ways they please, rendering unfair taxes onto them that only enmeshes their power over us.

You want to fix the rising house issues, but It's only a symptom of a far greater monster.

>> No.56078159
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56078159

>>56077737
So, with the interest rates where they are currently and demand for housing far outstripping available supply, there are onyl a couple of ways to move the needle.

First, if the interest rates drop prices will absolutely explode and then crash, as the actual price of the house will still be lower with a lower interest rate even with a higher price tag, but as this keeps going, if the interest rates get low enough it will unlock all the current bagholders who have low interest rates and maybe want a new house but arent giving up that rate. So if that happens prices will crash back down to maybe where they are now but probably a little higher anyway.

TLDR; prices are not going down barring some kind of black swan even, although whether they keep skyrocketing is an inverse function of the interest rates.

>> No.56078166

>>56077737
>going down or up
>Do you have enough cash to buy a house out right?
Down
If you don't have enough cash and need to get a loan, then it is going up.

>> No.56078194

>>56077970
your entire premise that land cannot increase in price if no improvements are done to it is flawed, if more people desire that land now than 3 years earlier then it stands to reason that the price will go up regardless of improvements, this can be caused by a variety of factors, such as the move to work from home allowing people to move away from their commute into the country causing desirable country land to increase in prices, or population increases causing a shortage of available land, there are a number of reasons that can contribute to land price increases.

>> No.56078206

>>56077970
>The central planners of the western government have every last tax payer on a plantation where they issue the company scrip. Have you heard about the Appalachian mining companies that paid their employees in company store credits that could only be spent at the mining company store? We are stuck in the same system, only on a national, or even global scale. Beholden to the fiat nation architects, only to spend their company scrip in places and ways they please, rendering unfair taxes onto them that only enmeshes their power over us.

So interesting, I know people that take out loans for houses so they can "own" the house. Miss a payment or two and lets see how long you "own" that house.

>> No.56078320

>>56078194
>the move to work from home allowing people to move away from their commute into the country causing desirable country land to increase in prices, or population increases causing a shortage of available land
Yes, all artifical and planned inputs into a system designed to manipulate a liability into a perceived, and arguably functional asset.

>> No.56078375

>>56077737
They will likely continue to go up in the suburbs surrounding growing cities, and stagnant everywhere else.

>> No.56078741
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56078741

Commercial and apartment prices have come down but why are single family home doing up the past 5 months?

>> No.56078759

>>56077970
Your premise is flawed based on the laws of supply and demand. If the total amount of land remains unchanged, but the population goes up, demand for la d increases = higher price of land.

>> No.56078837

Housing should be crashing but there's artificial restrictions on supply to keep the price high.

>> No.56078866

>>56077970
Yeah bro let me just whip up some land real quick

>> No.56078997

>>56078759
I already said population is manipulated.

>>56078866
I priced the land in gold. Your sarcasm is not an argument.

>> No.56079171

>>56077737
up. only up.

>> No.56080325

>>56077737
It's going to go sideways for a few years until a recession type of event happens that causes the Fed to cut rates again.

Fed wants incomes to catch up to prices to fix the problem they created.