/biz/ - Business & Finance

[Anonymous No.10042486]

Does anyone not see a major housing bubble pop/economic collapse coming around the corner? What millennial or gen z-er is gonna be able to afford a fucking house. Forget student loans, even a middle class double income family would have difficulty paying this house off.

[Anonymous No.10042520]

https://www.youtube.com/watch?v=d8JmuMbAcCE

Not worried, this technology is going to collapse housing market and BTFO boomers and boomer boot lickers who fell for the housing meme. 5 years or less.

[Anonymous No.10042530]

No I would worry about it.

[Anonymous No.10042534]

>paying for a home

[Anonymous No.10042542]

a collapse is good for you if you don't own property yet. and you will own entire neighborhoods if you're in crypto right now.
dollar is on the chopping block in the next few years as well.

[Mr. Hacker !ZtImoSCrjw No.10042576]

>>10042486
Millennial and gen z-er, loves to pay rent, desu. Why would I spend that much money when I can pay rent and move once a year to another city? As a neet moving is the best for me, I get to explore a new town every 6 - 7 months and I don't have to deal with people.

Moving is also easy, I put everything on boxes / trashbags, call a company and give them the destination, at the new house I call a cleaning company, so when I get there... everything is sterile and I just have to get thing out of the boxes. Takes 2 days with 30 minutes of social interaction.

[Anonymous No.10042595]

i dont see another collapse happening since banks and the gubment are much stricter about whom to lend money to. ask me anything jut close escrow on a 6.8 building that appraised for 8.1

[Anonymous No.10042633]

>>10042595
>he thinks this is the only way a collapse can happen
>t. 10th grader

[Anonymous No.10042726]

I hope so but probably not anything more than a correction.

[Anonymous No.10042745]

>>10042486
>What millennial or gen z-er is gonna be able to afford a fucking house.

They won't need one when they are fighting on the oceanian or Eurasian front anon.

[Anonymous No.10042769]

>>10042595
Mortgage broker/realtor here. AMA

Subprime is back. We're nearing doomsday. If you don't think this its' going to go to hell soon, you're lying to yourself.

[Anonymous No.10042834]

>>10042769
yeah they passed the shit that allows banks with less than $10b in assets loan to anyone they want right? And they can also trade those mortgages with any bank or broker, so banks can just have small subsidiaries that loan out on their behalf? n00b with this whole thing but it seems like in 4 or so years we'll have another yuge housing crash, maybe bigger with car loans starting to default and student loan defaults making the news by then

[Anonymous No.10042854]

>>10042745
We would lose with the limp wristed faggots we call men coming of age.
Thank God we have nukes or I'd already be building a shack in the middle of nowhere.

[Anonymous No.10042873]

>>10042769
anywhere to keep tack of the numbers?

[Anonymous No.10042902]

>>10042486
they inherit their parents house and feudalism 2.0 comes into play

if you don’t own multiple properties prepare to be bent over by new lords

[Anonymous No.10042916]

>>10042834
I don't think it takes that long. I have a brokerage and I have reps that come in and pitch me their shit products all day long. I had one guy pitch a new program I shit you not this exists.
>If you have paid rent for 3 years at X amount
>You can get a mortgage no money down at the same payment

As rates go up, they are reducing underwriting standards and putting together retard programs that will all end terribly. Of the loans that I do now that are traditional lending, 100% are cashout so people can payoff their maxed out credit cards. Guess what it'll be maxed out again in 6 months... Everyone is broke and this is going to get ugly real quick.

The government programs FHA and VA have tightened to the point of killing the programs. It's a given that they see a correction and they are not wanting to extend more credit as they will get stuck paying mortgage insurance payouts when the defaults come rolling in.

[Anonymous No.10042943]

>>10042576
Is everyone on this board like you?

[Anonymous No.10042945]

>>10042873
What numbers? If you're asking percentage of subprime vs. QM (qualified mortgage) I don't know who if anyone keeps records of that. Google "QM vs. non QM mortgage applications" that should be the best source of data.

[Anonymous No.10042981]

>>10042520
Holy fuck $150k for that? What happens when this corrects the market and there’s no possible way it will recover?

[Mr. Hacker !ZtImoSCrjw No.10042986]

>>10042943
What? Probably a few of them. My friends after saw me doing it they started doing it too.

[Anonymous No.10043002]

I love these threads. So knowledgeable and I hate crypto threads. This is a thread thats really joggin my noggin. Can't wait to buy entire apartment buildings at 20% cap rates with all the liquid cash and short term CDs I keep saved from the sale of my private venture in a marijuana company.
P.S. the UN and the WTO should endorse and stabilize a cryptocurrency. Goes against decentralization, but will be a 10,000%-er for sure.

Toodles!

[Anonymous No.10043057]

>>10042986

Actually the true minimalist, zero contract lifestyle is about living in Airbnb's, complete flexibility once you find a place that can be booked month to month. Ship belongings between reservations using your Shopify store's subsidized shipping. Renting is the next best thing and then if you really fell for the meme, buying I guess.

>>10042981

A lot of boomers and boot lickers will see their net worth disappear into thin air, rightfully so.

[Anonymous No.10043074]

Even if there is something of a crash all the faggots here in flyover country hoping they'll be able to scoop up a house because they can't afford one now because they didn't study hard enough in school will be out of luck.

[Anonymous No.10043210]

So I guess I should just sleep in my car through at least 2018. I'll just keep working and buying crypto junk and reasess what the housing market looks like later next year. It's getting crazy here. But people keep moving here and buying the expensive properties anyway so I don't know what a crash, if any, would be like.

That brings up a point. For you larpers pretedning to be in the industry, what could happen for placing with flying prices right now, but people keep moving in and buying them anyway?
I'm specifically talking about the market around salt lake, Utah. 400k for a 3 bedroom cuckshed is getting more and more common, but people keep buying things up quick anyway.
I don't think orices will be dropping very much because not many new homes are being built in the immediate area. Shttier parts of the valley full of Mexicans are being built up more, but it still isn't keeping up with population growth.

[Anonymous No.10043227]

>>10042595
except literally nobody has to make down payments now

[Anonymous No.10043265]

>>10043210
>I'm specifically talking about the market around salt lake, Utah. 400k for a 3 bedroom cuckshed is getting more and more common, but people keep buying things up quick anyway.

Same as what happens with crypto.

[Anonymous No.10043367]

>>10043210
Here's a thing I found. This thread looks to have a basic example of what I see all the time locally.
Californians, among others, keep moving in and us poorfags that missed the 2008 dip missed out and might not get another shot any time soon.

https://www.reddit.com/r/SaltLakeCity/comments/8tkqt2/utah_may_see_a_wave_of_wealthy_people_buying/

[Anonymous No.10043438]

>>10042769
I live in a different country than America or EU what are the signs of a upcoming housing market crash?

Thanks in advance.

[Anonymous No.10043507]

>>10042769

What 3d printed housing startups are you invested in?

[Anonymous No.10043514]

>>10042486
God I hope a housing bubble pop happens so I can buy a house on the cheaps and finally achieve 24 year old boomer status

[Anonymous No.10043595]

>>10043438
Affordability index. What percentage of the population in an area can afford to buy a property in a certain area. Where I am, Los Angeles. It is at the lowest it has ever been.
Speculation is huge too, if people who are not professionals in RE are now buying and flipping houses or are trying to get into it, it is essentially the same as the idiots that piled into bitcoin at 20k. House values are now at the highest they have ever been... http://www.latimes.com/business/la-fi-home-prices-20180621-story.html

[Anonymous No.10043615]

>>10042576
And then you realise you've spent 300k on rents and still don't have a property to your name

[Anonymous No.10043631]

>>10042486
As boomers die, the market will be flooded with houses

[Anonymous No.10043637]

>>10043507

[Anonymous No.10043645]

>>10043595
Jesus a crash is imminent!

[Mr. Hacker !ZtImoSCrjw No.10043693]

>>10043057
I'm saving to buy my own house so I can rent it out and pay my rent. I love the freedom of rent. I love exploring new places.

[Anonymous No.10043723]

>>10043637

Oh didn't realize you were larping.

>>10043693

Doing the same but with 3d printed houses, obviously.

[Anonymous No.10043771]

>>10043002
love it too!

[Anonymous No.10043814]

>>10043002
Which crypto?

[Anonymous No.10043849]

>>10043693

I did this. Bought a $250,000 house in flyover country a couple years after the crash, paid off the mortgage, rented it out for $2500/month and moved to a coastal city where that $2500/month rents me a $1.5M house near the ocean.

Find a nice midwestern city with low house prices but mid-high rent, then buy and rent it out. They exist. Lots of these desirable coastal cities have rent prices only 25% higher than midwestern cities, despite the fact that buying here would cost 5-6x the price. Just buy up the midwestern houses and rent them out instead.

[Anonymous No.10043892]

>>10043645
Consensus with people in the industry is yes we are going to see a dip sooner than later.

[Anonymous No.10043898]

>>10042595
How long did it take you to start getting clients?
I’m getting my re license in a week

[Anonymous No.10043912]

>>10042486
Real estate won't collapse because the Chinese will buy all the land.

[Anonymous No.10043922]

>>10043723
3D house printing startups? Come on anon.

[Anonymous No.10043942]

>soon
>soon
>imminent!
>very soon
>within the next few years

Does anyone have any idea when though? Will something trigger it? Brainlet here trying to understand as a hopeful home buyer in the next year or two when will this happen?

[Mr. Hacker !ZtImoSCrjw No.10043962]

>>10043849
I'm not from USA, but a 50k flat will rend out for 500 - 600 $ / month. With 500$ / month I can rent a 250k house or a really nice flat. I'm almost there... just 4 more BTC at current price.

[Anonymous No.10043976]

>>10043942
No, I used to be a Zero Hedge junkie and believed that there's no way the economy could continue past 2013.

The usurers are damn good at keeping the system propped up.

[Anonymous No.10044000]

>>10043942
Rising consumer costs, higher interest rates, wage stagnation. Trump just accelerated the fall with the trade war. As much as I agree it is necessary to level trade, we are now probably 6 months or so from it starting to breakdown. FED meeting in September will be crucial. Need to hear how hawkish/dovish they are. They were pretty dovish in June remarks. They know we're fucked. Also, looks as though the 2yr auction today was a disaster. Yield curve is the flattest I've seen in years. I'm hoping it inverts in July.

[Anonymous No.10044066]

Western housing market is overpriced in some regions only. Once a recession comes, real estate will follow afterwards, but not as much as the last recession, which was almost entirely caused by the housing market alone. The real kicker will be in Asia and specifically in China.

three part story on possible China financial collapse
>>9589162
>>9589176
>>9589227

more specifically on Chinas real estate situation
>>9461439

[Anonymous No.10044068]

>>10043962
fuck you dumb tripfag
suck your mamas dick

[Anonymous No.10044075]

>>10043922
>buying ethereum at $15 anon, come on be sensible

Kek, boomer leave.

https://www.youtube.com/watch?v=k74rb7xl3aY

This is going to destroy the housing market and it's set to happen at the exact same time the bubble will pop. Go figure, keep coping.

[Anonymous No.10044085]

>>10044066
Damn, can't view archived posts. Well if anyone really wants to read then warosu.org/biz will help you.

[Anonymous No.10044136]

>>10043892
No Anon I live in South Africa, literal retards want to start flipping houses, the government is entertaining the idea of taking peoples property without compensation and on top of that nobody makes enough to actually buy houses anymore. The average white income I would say is around 20k Zar a month, you need around 35-50k Zar a month to qualify for a loan. The dumbest people I know who were born into wealth are starting to buy and sell houses because "you can go wrong with real estate"

Middle class homes have been on the market for years and years and nobody is buying them. For sale boards on lots of properties and if you look online the housing listings go back to 2013-2014 in a lot of cases with most being on the market for around 2 years. Only the smallest, cheapest shittiest of houses sell quickly.

[Anonymous No.10044196]

Probably not, it just happened in 2008 so the jews probably have something new planned

[Anonymous No.10044264]

>>10044075
Being able to build a house at a low cost will not really affect the housing market as a whole. Low cost, quickly deployable homes already exist as "pre-fab" homes or mobile homes. The biggest factor determining the cost of homes in the middle to high income range is location. Being able to build concrete shanty towns cheaply is not revolutionary outside of the poorest parts of developing nations.

[Anonymous No.10044282]

>>10044075
It's not there yet you uppity cunt. It's not going to be there anytime soon. If it gets there then they're building modular homes for the homeless in inner cities paid for by tax payers. If you think this is like buying ETH I suggest you go all in, then please post a picture of your slashed wrists right before you bleed out from losing it all. The absolute state of fucking retardation.

[Anonymous No.10044320]

>>10044264
>>10044282
>Being able to build concrete shanty towns cheaply is not revolutionary outside of the poorest parts of developing nations.
>implying millennials aren't going to opt for $150k brand new mansion villas that are hurricane proof versus a boomer's used wooden stick box for $350k

You can tell who the late comers to crypto and /biz/ are based on how poorly they can see over the horizon with the other innovations that are coming. Fascinating desu.

>t. went all in on Eth @ $10

[Anonymous No.10044325]

UK here

There is literally no hope here. Average wages are absolute shit tier versus average house price. The government does everything to hold house prices up - with things like giving you a loan for 20% equity in your house so you can put down a 5% deposit - so you have loads of ugly cuckboxes like pic related being build and sold for £300k+ to retarded normies who will NEVER be able to see them without taking massive losses to their bags.

On top of this each new estate built has to have a certain number of houses reserved for "affordable housing" (i.e. nig and welfare recipients) - meaning you get to leverage yourself up to the eyeballs with debt and wageslave all day to pay for your cuckbox with nig neighbours who get to live there for essentially free.

Not sure who the boomers are going to try and dump their bags on because this shit is about to implode.

I rent but will inherit a mortgage free house in England, cottage in Ireland and a farmstead + agricultural land in Lithuania via waifu's family.

Will move to the latter once I make it.

[Anonymous No.10044347]

>>10044325

Forgot pic, typical cuckbox that a first time buyer buys in UK

[Anonymous No.10044351]

>>10044320
Maybe in Detroit. No other city has enough cheap land for your idea to be viable and everyone knows millenails only want to live in cities.

[Anonymous No.10044355]

>>10044347
>having solar panels when its never sunny
JUST

[Anonymous No.10044386]

>>10044355

>when your garden is also your neighbours car parking space

[Anonymous No.10044403]

>>10044320
If you got in ETH at $10 would you spend your gains on a 500 sq foot piece of shit or buy a house that isn't a glorified dog house?

I know what I'm buying. It may get there one day, but it's so far from being applicable to middleclass/mcmansion production that it's like making an investment that wont give you a yield for decades if ever.

Real Estate is a legacy business. It employs too many people with too many unions. It's not going to be disrupted as quickly as an UBER was able to disrupt car hires. Not yet.

[Anonymous No.10044408]

>>10043898
dont have clients i was born into wealth. i did not do it on my own. i am the first to admit that.

[Anonymous No.10044429]

>>10042576
You sound like an utter faggot

[Anonymous No.10044437]

>>10043227
not sure why you say that. 3 months ago closed on another building 2.25 had to put down 50%

[Anonymous No.10044449]

>>10044320
I have the location and some connections but I would need a money partner.

[Anonymous No.10044470]

I know absolutely nobody my age even considering buying a house at 23-24

I hope it all burns desu

[Anonymous No.10044488]

>>10044437
You're buying commercial real estate. We're talking residential.

What type of commercial are you buying? What class, what markets, what occupancy ratings. I am balls deep in commercial. You're probably about to get fucking JUSTED

[Anonymous No.10044495]

>>10044403
>Real Estate was a legacy business

ftfy

No one saw Uber coming, no one saw Airbnb coming, and no one is seeing this, that's how I know it's going to BTFO the whole industry/market. Feels good to be able to predict the future desu.

[Anonymous No.10044517]

>>10044470
23-24 year olds are still children, it is an exceptional case where people that age would be looking to buy a house.

[Anonymous No.10044559]

>>10044495
Do you work in real estate or are you just some 20 something lib arts fag that made in crypto and got shilled into investing in a bullshit start up? The difference between your examples and RE are that your examples are preexisting objects. Good luck getting KB, AP and every other builder on board with this shit. You;'re going to build section 8 boxes and nothing more. Sorry you made a poor investment. Cope.

[Anonymous No.10044567]

Say a crash is imminent. How do I make money off of it?

[Anonymous No.10044568]

>>10044517
At what age did your parents and their parents buy a house?

[Anonymous No.10044569]

>>10044517
Crazy that 50 years ago we were considered adults at that age having kids and buying houses and shit

[Anonymous No.10044630]

>>10044569
>>10044568
It was considered normal maybe for a brief period of time in parts of America but in the rest of the world it is very uncommon and often does not make financial sense. My parents bought their first home in their 30's, I believe.


Home ownership is not a pre-requisite to starting a family, either. That also seems to be a very strange American notion.

[Anonymous No.10044642]

>>10044559

I'm a 30 yo boomer self employed entire life.

>Good luck getting KB, AP and every other builder on board with this shit. You;'re going to build section 8 boxes and nothing more.

Why would any of that be relevant to a disruptive technology that destroys the old dinosaur boomer real estate model you are clearly deeply emotionally invested in?

Millennials will buy a plot of land, literally press print and a house will be made where they want it. Boomer real estate dinosaurs don't even enter in the equation at any point in the transaction or process.

[Anonymous No.10044719]

>>10044642
You can't argue with stupid so I'm done here. Good luck with your investment.

[Anonymous No.10044732]

>>10044325
Thanks for the insight m8.

It's also just as bad here in Toronto (I don't even wanna start) just makes me depressed thinking about it.

[Anonymous No.10044737]

>>10044719

Exactly.

[Anonymous No.10044752]

>>10044642
Where can I buy a prime piece of land that doesn’t already have someone’s home on it?

Some boring ass town in the Midwest with nothing going on I assume.

[Anonymous No.10044753]

>>10044630
Weird, my parents bought their first house at 25 and my grandparents at 19 and 21 respectively.

>>10044642
Its going to do what Volkswagen and Ford did to the car market IMO.

Rich people and upper class people are still going to buy RR, Lambos and such but the poorer people are going to be able to get a car even if it isn't a luxury car. Forgive the analogy.

What companies are doing promising shit with this tech?

[Anonymous No.10044800]

>>10044752

Don't know, it's probably different everywhere. I'm in a growing city that was previously suburbs and it's got vacant lots intermittently all over that no one has built in yet. Besides once this takes off I'm sure people will pool cash and build neighborhoods of these in large lots/land, kickstarter style, or something similar.

>>10044753
>What companies are doing promising shit with this tech?

Only U.S. one I know of is ICON but this is still in infancy, there are going to be a fuckton of these very soon. I'm sure there are others too but ICON is the one I recall atm.

[Anonymous No.10044803]

>dad owes 600k on his house, its worth 800k
>wants to buy ANOTHER house at 500k
>only has like 100k in the bank
>prices are at ATH in my city (LA)

how do I tell him to stop this bullshit?

[Anonymous No.10044805]

>>10044752
This plus good luck getting city approval to mass print low end housing to be printed on site, employing no locals and greasing no hands. It's never going to happen the way the other anon thinks it is. Yuppies won't leave the city for anything less than mcmansions and cities won't permit these neighborhoods to come to town.

[Anonymous No.10044806]

>>10042486
the real estate bubble should have popped years ago. it's being inflated and propped up by foreign buyers (mostly Chinese in North America) and unfortunately it may continue this way for many more years. Which is really shitty since we only have a limited number of years on Earth, and buying now would be better than buying later, but you can't buy now if you don't want to get completely fucked by literally "buying the top" before the bubble pops.

So ya, I guess we wait patiently until that happens, but we might be waiting for 7-10+ years

[Anonymous No.10044817]

>>10044803
RE guy in LA. Show him this http://www.latimes.com/business/la-fi-home-prices-20180621-story.html

[Anonymous No.10044831]

>>10044805
>This plus good luck getting city approval to mass print low end housing to be printed on site, employing no locals and greasing no hands. It's never going to happen the way the other anon thinks it is. Yuppies won't leave the city for anything less than mcmansions and cities won't permit these neighborhoods to come to town.

Your boomer is showing. The way it will happen is as follows: progressive hipster cities will permit this and it will work extremely well and be shown to be infinitely better, cheaper and more eco friendly than boomer dinosaur wood boxes.

Redneck cities will follow suit to remain competitive and to attract millennials/younger professionals, which they will likely already be losing and desperately need, as is the case with most non-millennial mecca cities already.

[Anonymous No.10044858]

>>10044559
Damn you’re asshurt for no reason

[Anonymous No.10044890]

>>10044858
Nope just someone who has been involved in every aspect of real estate for last 2 decades telling it how it is. Sorry if your mad about it.

[Anonymous No.10044904]

>>10044890
>telling it how it is

And I’m telling how it will be.

[Anonymous No.10044918]

>>10044753
Homeownership was not a mainstream thing in most of the US until after World War 2, neither was suburban living. It wasn't really until after Eisenhauer and his highways that it became normal, and with the white flight of the 60s/70s it became mainstream. His administration made a huge push to propagandize home ownership which is actually what flavors the romantic view we have of the era. That is probably the time during which your parents and grandparents were buying homes.

In the rest of the world, there was no such concerted push to get people to buy homes and there would not have been enough land anyway due previous centuries of civilization and development.

The American situation during the mid 20th century was truly unique.

[Anonymous No.10044922]

>>10044904
The fucking delusion of people who have no idea. It's hysterical.

[Anonymous No.10044951]

>>10042520
Rise in land prices, fall in home prices?

[Anonymous No.10044968]

>>10044918
>The American situation during the mid 20th century was truly unique.

Well I am South African our situation was unique as well. Lots of land and cities and suburbs literally sprouting out of the ground.

[Anonymous No.10044975]

>>10044951

Likely the outcome.

[Anonymous No.10045007]

>>10044831
Hipness =/= willingness to invest a lot of money into a shitty looking house.
There aren't enough well off idiots with that kind of money to throw away.

>>10044951
People are not going to start buying land just to put up shit looking concrete boxes for no one in particular.
They'll buy their land and they'll want their handbuilt unique cool house and what have you.

If you were developing some kind of community housing for worker bees for a local business sure.

[Anonymous No.10045009]

>>10044922
>has made no argument
>hasn’t addressed a single point raised

Kek bet you still got your blockbuster card too gramps.

[Anonymous No.10045023]

>>10045007

Huh? These houses cost $15k for a smaller sq foot unit.

[Anonymous No.10045032]

>>10042486
I wish but it wont happen in the UK because of the demand from immigration.

You act like millenials and gen-z not being able to purchase will collapse the demand. Realistically they'll need somewhere to live, so a bank, financier or pension scheme will buy up all the homes with good ROI on the market, propping up the demand. This is exactly what happened in weimar germany.

[Anonymous No.10045042]

A small handful of whales are soon going to own all property in the US. If you don’t own anything now you probably missed the boat.

[Anonymous No.10045119]

>>10045009
>Made a dozen arguments in previous posts
>I have no financial interest in 3d printed houses.
>They're not going to happen. Stop trying to make them happen
>You don't work in real estate but think you knows better than professionals. Do you tell your doctor that you have aids before he diagnoses it?

You cite ICON

this is their shit product.http://fortune.com/2018/04/22/3d-printed-homes/

Made for the 3rd world. Like I said. Housing for the homeless. You're so fucking dumb it hurts my brain trying to talk to you. Jesus fucking Christ.

R E T A R D
E
T
A
R
D

[Anonymous No.10045133]

>>10044922
>>10044904

sorry but real estate guy is right, just not for the right reasons

most houses are wood construction. wood construction is done by illegal immigrants, period. unless you a VERY wealthy builder, you are hiring illegal immigrants.

businesses that hire illegal immigrants cant afford to buy house printing printers (and they dont want to, either)

what this COULD do, assuming the technology isn't complete fucking shit (which it will be, because there is such a thing as custom / luxury homes, and rich fucks will never accept even the slightest deviation in their designs)

even if it isnt shit, the only people using it will be the rich influential builders, and theyll only be using it to build slums and townhouses.

maybe if the tech comes very far, very quickly, they will be able to produce gated communities (those homes are already built extremely cheap. never move into a gated community.)
in summation, rich people are not going to pay these prices for 3D printed homes. if anything, theyll require extensive modification after being printed

beyond these levels of home complexity, you must consider what people are willing to pay to modify their homes. additions, add-levels, etc, are a huge part of the wood construction business, and being as wild-west as it is, prices will not come down for additions. meaning, it will still "make financial sense" to just pay real people to make your new home exactly what you want, and not a plastic piece of shit.

On the topic of additions, printers cant do demo work. printers cant feasibly create metal fastening hardware. none of it makes any sense outside of developing country, identical boxes for miles setting.

what happens when you want to modify a 3D printed house that you fucking OWN? you wont be able to. Unless it prints wood. But if it prints wood, it needs to print metal to fasten said wood. Do you really see this being feasible technology in your lifetime?

[Anonymous No.10045172]

>>10045133
Yes. This guy gets it.

[Anonymous No.10045188]

>>10045119
>criticizing a 1 year old technology
>implying real estate professionals would have this shit anywhere on their radar and are at the cutting edge and don't simply have a vested interest in keeping the boomer dinosaur wood box scam going indefinitely

Out of touch boomer confirmed. There's no way this will catch on, you got it all figured out. Top fucking kek.

[Anonymous No.10045231]

>>10045133

95% of things you would need to fasten wood to can be modified in the CAD file prior to printing. If you want to make modifications after the fact there will likely be entire boutique industry that fills this demand. Really not complicated and not even remotely large enough problem to stop this kind of disruption. This is like saying Uber won't catch on because people might get raped. Yeah it happens, no one gives a fuck. The tech is better than the small setback that doesn't impact the majority.

[Anonymous No.10045242]

>>10045188
Stick to shilling Chainlink. Stay in your lane. You're going to get so fucking REKT in real estate. I can't wait to see your ROI. Please anon, go all in. Please.

This is how your mom will find you when she comes into her big boys room. Pic related.

[Anonymous No.10045252]

>>10045242
>being so clearly threatened by the prospect of your extinction/identity as a real estate PRO you get this butthurt

Precious.

[Anonymous No.10045303]

>>10045252
How so. I finance RE. I don't give a shit how it's made. It could be built by robots out of the bones of children for all I care. Makes no difference to me. Again anon, so proud of you for making such a great investment. You're the best!

[Anonymous No.10045316]

top kek at narrow minded boomers

[Anonymous No.10045336]

>>10045303
>I don't give a shit how it's made.
>Maury-paternity-test.bmap

Your other posts determined this was a lie.

[Anonymous No.10045341]

>>10045133
It will at most be used to 3D print small additions to homes.

[Anonymous No.10045359]

>>10045231
Okay, so lets assume a 3D printer exists that can easily (and more affordably than manual creation) print METAL FASTENERS.

metal fasteners go into wood.....

That means you need to print wood, lmao

You realize, a 3D printed home, will be of a design that doesn't need these fasteners.. aka, a box / cheap garbage

"an entire boutique industry" to modify 3D printed homes which use no wood

Thats either another 3D printer, or an actual human team of FRAMERS, which already exist.

Actually, you'll end up paying your framer even more money, because now he needs to learn how to safely attach his wood construction to your 3D printed box.

I think its great for developing countries and city gridlock, I really do. But neither of those locations are where the construction and real estate businesses actually make their money. Thats skim-money there, and they dont care if they lose it.

But even there once you get to a certain level of complexity you need a way to print metals cheaper than ordering and paying an illegal to hammer them.

Virtually impossible to achieve this outside of the poorest of poor areas.

Again - do you really think a 3D printer which can print wood and metal AND combine the two will exist in your lifetime? otherwise there is a very hard cap on the complexity you can design these buildings to have, and cookie cutter buildings are not going to disrupt the real estate market no matter how many you make. Real estate is not big business because people need homes. It's big business because people crave STATUS. Thats what they are building when they spend money on more than 1 bedroom per person / couple, and more than 1 bathroom and a kitchen.

If everyone only sought out 100% efficiency, energy savings, cheapest possible arrangements etc, then you could be on to something with this technology - but in developed countries, that isn't who the market serves.

[Anonymous No.10045361]

Most people are wrong here. Nothing is overpriced until someone is not willing to buy it. Inflation is here, this is the outcome. I work in real estate and money is pouring in. It might be moving from one area to another but it's really moving. The next bubbles will be student debt and pensions. Housing will suffer but it will not be the cause of the next drop.
Stock your cash away, wait for rates to rise buy houses and property. Stay mortgage free. You will then survive anything that comes

[Anonymous No.10045397]

>>10045359

You’re thinking about this like a literal retarded person, you realize this yes? You’re so confined to your boomer Dino retard idea of what a house is you can’t even conceptualize anything except dude wood lol metal. You’re bumming me out now.

[Anonymous No.10045401]

Isn't that a pic of a shotgun shack? It's called a shotgun shack for a reason, it's because when you're middled aged and end up living in a shotgun shack people tend to blow their brains off with a shotgun of some sort.

https://www.youtube.com/watch?v=5IsSpAOD6K8

[Anonymous No.10045411]

>>10045401
>no reply id

You have to go back..

[Anonymous No.10045444]

>>10045411
How does it feel living in a shotgun shack or a studio apartment? Well hey, at least you're with it here /biz/... so it's not a complete loss-loss.

[Anonymous No.10045467]

>>10045359
>If everyone only sought out 100% efficiency, energy savings, cheapest possible arrangements etc, then you could be on to something with this technology - but in developed countries, that isn't who the market serves.

They do actually.
There is a massive market for those people who want sturdy, energy efficient yet attractive, cost efficient homes.

The ability to give them the above plus the ability to alter the finished construction easily and design it before hand will be the key to that taking off.
But it would require carpenters and engineers and interacting with the customers.

[Anonymous No.10045484]

>>10045444
https://youtu.be/wkVf8BlE8rI

[Anonymous No.10045498]

>>10044355
They still work. there is still diffused light.

[Anonymous No.10045513]

>>10045484
>>10045484
I'd bet money on the fact that I've been posting on hentai imageboards before you had hair on your dick.

[Anonymous No.10045549]

>>10045397
I'm sorry but this is how the construction business works. People don't buy homes because they're efficient. People buy homes as status symbols, and we can build the most "complex and fancy lookin' ones" with wood construction, period.

It's not my idea of what a house is, it's WHAT the REAL ESTATE and HOME CONSTRUCTION markets ARE.

If you really think the advent of a bigger 3D printer which "look, it can print a house sized box now!" will disrupt these industries, you dont know anything about them and probably shouldnt be investing in tech that promises to disrupt something you are clueless about.

It should disrupt whoever has any strangeholds on developing for poor areas but that is literally its only use, forever.

People will not buy homes they cant modify and even if a huge wave of middle-upper class white people buying these homes were to happen? They would still be head over heels for modifying them because people fucking LIKE to do that to their homes, its just how it is.

So theyll hire contractors and realtors to build their additions and sell the home.

Real estate is an ASSET. Meaning you expect, or dearly hope, to make a profit when you sell the house. This doesn't happen for no reason. It's not "muh boomer greed" that leads to houses selling for more than they bought them for.

It's a combination of strictly improving the layout / square footage / features of the home, and the fact that: there are not enough homes

consider this. There are more people than homes, and not everyone can have one. Is this the problem you think you are disrupting?

So lets increase the home / people ratio. The higher you go, the more these homes will be one storey boxes regardless of how the fuck you made them. Because you just built like 1 million fucking houses my man

Literally nobody wants to see that shit in a developed country, so they just wont build them like that.

[Anonymous No.10045575]

>2018
>Not living in a tiny house made from shipping container

Boomers btfo

[Anonymous No.10045614]

>>10044890
Ah, so you’re one of the dinosaurs he’s saying will be pushed aside, that’s why you’re asshurt. Carry on

[Anonymous No.10045636]

>>10045467
There is a market yes but not to this degree when it comes to homes, its the same with cars, most people lease shit they cant afford. MOST people. in the US. can't afford the car they drive.

Sure they mostly still try and get one thats better on gas than a hummer, but far too much of the industry is status and frills. Probably moreso on the frills than status for most people, but most of the work I do, is for bankers and their vacation homes.

I'll literally be custom building homes for the people who finance this 3D printed tech in several years. They'll never 3D print their own house, theyre rich.. they deserve better

But yes I agree in the event that they become advanced enough to even partially serve this need, you are going to need a lot of communication and framing is not that hard, the quality would need to be comprable and the price very significantly cheaper to even warrant a carpenter spending his time communicating with an engineer.

So you'd probably still have a GC in this scenario as well, where customer gives his ideas to GC, GC determines the viability and method for building, then relays a set of plans to carpenter, just like it is now. It wont really disrupt anything, but could possibly be used to print their garage, or maybe a roof here and there.

I dont think it will be useless. But far from disruptive.

[Anonymous No.10045640]

>>10045231
Nah, the resolution is too shit. Look at the size of the extruder.

This tech produces cheap homes but doesnt get you the land or the planning permission. I can see it being used, but I don't think its a disruptor on the scale of uber.

[Anonymous No.10045642]

>>10045549
>2008
>cars are a status symbol and they want BIG fucking HUMMERS, people don’t want puny little hybrid vehicles
>2018
>Hummers are extinct and if you drive one you are ostracized, meanwhile soibois in Prius are laying enough pipe to install plumbing in your boomer Dino wooden box

Point is you’re making the same mistake as other anon in that things will remain a certain way. Disruptive tech changes everything, including perception.

[Anonymous No.10045658]

>>10045640

This tech is roughly 1 year old dipshit and a proof of concept.

[Anonymous No.10045673]

>>10045642
Both the prius and the hummer are edge cases and you know this.

durr because priuses are popular in 2018 that means nobody is leasing cars less efficient than them or ones they cant afford

most of them cant afford the prius either buddy and thats half of the point, status

This post has literally no value, you didn't even try

[Anonymous No.10045689]

>>10045658
What would be the point? It makes much more sense to 3d print the outer shell and internal walls that it does to print something at a 0.1mm resolution so you can print fixings etc. It'll just be cheaper.

[Anonymous No.10045696]

>>10045549
People have long ago outgrown the idea that a shitty mcmansion is what they want or to constantly repair and rebuild shitboxes made of the cheapest most toxic material possible in the most cheap and energy efficient way is great.
Litterally the only people still into that are the well off wealthy stupid people who simply do not give a fuck and have more money then sense or time on this earth.

And they do not see any benefit in constantly building and rebuilding and shit box homes.
That time has come and gone.

This is sentiment is even worse for the 3D printer people. Since they have yet to distinguish themselves or create something unique that sets it apart from the big wooden box scam house market.

[Anonymous No.10045697]

>>10045673

You’re trapped in a boomer mindset. I’m sure you thought Uber was stupid, Netflix was over hyped and Amazon had too gay of a name to be successful. Dime a dozen desu.

[Anonymous No.10045714]

>>10045640
Jeez, I completely spaced on land and permits myself.

Land is probably most of the real estate business in all technicality anyway. They dont give a shit what you build on it, they'll still flip it for a profit and lease it on a loan to someone who cant afford it.

[Anonymous No.10045735]

>>10045714
Depends on the country and where in the country but yeah, good luck trying to get planning permission for some spaghetti hipster plastic cabin in anywhere nice or remotely useful. Councils just wont allow it.

[Anonymous No.10045747]

>>10045735
>plastic
>why would I use twitter to tell people I’m eating pizza?

>t. Doesn’t even understand the tech at all.

[Anonymous No.10045759]

>>10045133
I work on construction and illegal aliens only do sheet rock, painting and roofing and even then only for shit contractors .

[Anonymous No.10045762]

>>10045747
Come on man. They can print in whatever composite they want, people are gonna still think it looks weird and not want it around their pre existing brick property. I'm not saying you can't change the public perception over the course of a decade, but nowhere nice will allow these things for a good long while.

[Anonymous No.10045774]

>>10045747
>>10045762
Also t. Buying my first 3d printer this summer fren

[Anonymous No.10045775]

>>10042486
that 30 year old boomer expects what everyone expects so it doesnt happen *COPE*

[Anonymous No.10045787]

>>10042486
500k for a 3 bedroom in lower 9th ward new orleans. seems bubbly to me.

[Anonymous No.10045836]

>>10045697
>>10045697
I don't think any of those things and I'm 24 but great post

I've been in this business since I could lift a hammer and walk across floor beams. Trust me, it isn't going away because of a printer.

New / existing, very rich business leveraging them in the event they can save money with them? sure. Disrupting the industry, absolutely not.

This is not equivalent to Uber Netflix or Amazon. Literally all of those provide a BETTER service. There is nothing objectively better about 3D printing a home unless you can make them just as complex as you can now, for cheaper, once you factor in all the human assistance you WILL need.

The reality is that this tech will begin as a third world home printing service, and if / when it moves to developed countries, it will be a huge pain in the ass for everyone already in the industry, the rich clients building their 4 mil homes wont want to use it.

The best you can do is eliminating construction workers anyway, as I said, real estate agents will still purchase the land / home, then lease it to someone who somehow cant even afford that box. Thats their business. Who else is going to sell people homes, anyway?

You probably just expect the government to slap a fixed price on them and hand them out to anyone who asks, because your understanding of economics is horribly misguided by boomer memes and your lack of experience in any job that could qualify as luxury goods.

Seriously, if you drive down the nice part of your town and don't think that every single one of those houses is a giant luxury good, I don't know what to tell you anymore. You cant disrupt luxury with plain and boring. You're missing the point of how these businesses operate on a fundamental level, its isn't comparable in any way to uber netflix or amazon just because its "new" and also "tech"

FFS you sound more like a boomer w/ "I did an invest in a tech and now I cant shut up about how there cant be better alternatives to my investment"

[Anonymous No.10045851]

>>10045735
>>10045747
Yeah again man you're missing the point. Permits and building and modifications arent designed and approved by accounting robots.

Towns and cities take into account how it will look. Will it drive property values up. etc.

These will plummet property values in nice areas simply by virtue of not being expensive homes. You just dont get it.

Theyll make their way into harlem and such for sure though

[Anonymous No.10045873]

>>10045836
>Trust me, it isn't going away because __________.

Famous last words.

>"I did an invest in a tech and now I cant shut up about how there cant be better alternatives to my investment"

I have literally no investment in neither boomer cuck wood boxes or 3d printed houses and no where did I state that I did. Try again.

[Anonymous No.10045886]

>>10045851
>Yeah again man you're missing the point. Permits and building and modifications arent designed and approved by accounting robots.
>Towns and cities take into account how it will look. Will it drive property values up. etc.
>These will plummet property values in nice areas simply by virtue of not being expensive homes. You just dont get it.
>Theyll make their way into harlem and such for sure though

Unironic paradigm shifts give literally zero fucks about any of this. You really don't understand what disruptive technology is, by definition.

[Anonymous No.10045892]

>>10045836
seems like it could be used pretty soon for commercial/institutional building projects not to mention the faux-industrial "luxury" condos that are being built everywhere.

[Anonymous No.10045904]

>>10045759
white workers exist but they're the minority especially with the lack of meaningful carpenters unions, and more importantly the way GCs look to hire their subs.

As long as you can do the work, and YOU can speak english and be pleasant etc, the GC is probably gonna hire the cheaper workforce. I'm still happy because I'm skimming no matter whos working for me.

Could be drastically different in other parts of the country but its very common on the east coast (as well as sheet rock painters and roofers)

Our electricians, plumbers, and masons are almost exclusively white, though

[Anonymous No.10045910]

If you can't imagine mexicans in the US buying plastic boxes I don't think anyone will.

[Anonymous No.10045915]

>>10045892
>https://www.youtube.com/watch?v=kSxK2ZcQKjw
>Dubai on track to have 25% of city buildings 3d printed

Almonds are activating...

[Anonymous No.10045962]

>>10044800
>Only U.S. one I know of is ICON but this is still in infancy, there are going to be a fuckton of these very soon. I'm sure there are others too but ICON is the one I recall atm.

Just wait till they get outlawed.

If it truly tries to disrupt the industry it's going to happen.

[Anonymous No.10045982]

>>10044831
>The way it will happen is as follows: progressive hipster cities will permit this

No they won't. Sorry, but that just won't happen.

[Anonymous No.10045985]

>>10042520
No goy that violates zoning and my new 3d printing regulations!

[Anonymous No.10045991]

>>10045962
>computer slows down
>boomer slams open palm against monitor to show it whos boss and get it to work faster

It won’t, it’s impossible to enforce. Not to mention doing so will mean a massive competitive disadvantage with other countries developing this technology and using it to save tax payer $$$ and improve citizens quality of life.

[Anonymous No.10046000]

>>10042486
Everyone sees it, dummy. That's why generation Xers are buying up houses, treating it like Bitcoin in December 2017. Only the smart ones are selling

[Anonymous No.10046002]

>>10045873
>>10045886
kek try reading it again maybe, I was referring to your investment in 3D homes.

Again, a large portion of the industry is technically a luxury industry. Tell me, again, why will this disrupt a luxury industry? This seems to be becoming the crux of your.. "argument" for this tech..

>>10045892
I said earlier ITT but right those condos / townhouses / gated homes are not really luxury homes. They're built like complete shit. They would be the most likely replacement target but I doubt the tech is really there yet to build any type of "american white people normal house" because of the lack of hardware fasteners and other small details.

collaboration is possible but its all a question of cost, and around here the illegals build all of those developments too so its a big question of cost to bother incorporating it until it possibly matures to the point of replacing those workers

[Anonymous No.10046007]

>>10045982

It already is though..?

>>10045985

Kekked

[Anonymous No.10046009]

>>10042769
Proof or gtfo.

[Anonymous No.10046014]

>>10044968
>Lots of land and cities and suburbs literally sprouting out of the ground.

And lots of niggers.

[Anonymous No.10046019]

>>10046002
>large portion =\= entire market

Why would this matter at all again..?

[Anonymous No.10046034]

>>10045991
You motherfucker taxpayer money is not being used when a GC builds a home for a homeowner

government is even more corrupt than private citizens they dont give a fuck that they take your taxes to make THEMSELVES nice offices... kek man

are you just this unsavably socialist that you must defend this on abolishing a capitalist industry alone?

[Anonymous No.10046048]

>>10046019
disruption?
you're trolling me now but good talk?

[Anonymous No.10046054]

>>10044918
>In the rest of the world, there was no such concerted push to get people to buy homes and there would not have been enough land anyway due previous centuries of civilization and development.

Yeah because they're cucks. Home ownership is one of the greatest forms of freedom a man can have and is the reason for America's high standard of living.

[Anonymous No.10046065]

>>10046034
>taxpayer money is used for public buildings
>if they can be made cheaper and better, they will be

You’re literally retarded. Go hammer some nails into something.

[Anonymous No.10046077]

>>10046048

What?

[Anonymous No.10046088]

>>10046065
oh right, because the government is so tightly controlled and efficient. I had forgotten how little corruption there is with public funds.

What /are/ your political leanings, if you dont mind me asking?

[Anonymous No.10046102]

>>10046077
how again do you expect this to disrupt a market that is *majority* luxury? even if it succeeds in the US, it wont disrupt either real estate or the luxury home market. It will just make cheap, shitty homes.

[Anonymous No.10046110]

>>10046088

White nationalist/conservative. Why?

[Anonymous No.10046119]

>>10046110
>White nationalist/conservative
>trusts the government to tear down their buildings and build smaller ones

okay

[Anonymous No.10046124]

>>10046102
What isn’t luxurious about >>10042520 when this is literally just the beginning..?

[Anonymous No.10046181]

>>10045991
>It won’t, it’s impossible to enforce. Not to mention doing so will mean a massive competitive disadvantage with other countries developing this technology and using it to save tax payer $$$ and improve citizens quality of life.

Don't try to bargain. It's going to get outlawed one way or another if it tries to disrupt anything. The government doesn't give a shit if it loses money, the point is that the taxpayers money goes to the elites pocket.

[Anonymous No.10046183]

3D printed housing plus new infrastructure supporting AI flying car services will allow people to live further away from high density high population city centers.

[Anonymous No.10046195]

>>10046181

Oh ok, so when is crypto getting outlawed? Because this is the same tinfoil bull shit people have been saying for a long time now.

[Anonymous No.10046206]

>>10042486
Even in a housing crash, prime real estate (apartment) in a prime location in downtown Toronto wouldn't be **severely** affected... r-right guys?

[Anonymous No.10046225]

>>10046124
I'm trying to tell you but you're too stupid to listen.

you might edge out some contractors, real estate will be business as usual, and you and I both know realistically it is not guaranteed the process which creates the current top crop of luxury homes will be possible to automate in our lifetimes. You're just grasping at images now.

"Look how nice this house looks on the outside though! They added some balcony in front of the window! Is this luxury?"

It's not. It's a fancy face plate on a box. We do those too.

Just try and imagine this with cars. Go ahead and start a business that makes 3D printed car chassis as cheap as possible. I'm sure some niggers might buy them. Rich 1st world people wouldn't buy them NEARLY enough to "disrupt the auto industry"

It's COOL but you're not realizing how little VALUE it actually adds. Most towns and cities will most likely decide they actually REMOVE value from their surrounding properties (because, well they do) and they'll at best be relegated to low income housing developments.

thats if it isnt strictly outlawed in order to keep american business afloat and the hushed illegal immigrant workforce running (believe it or not, illegal work saves the country money, or they wouldnt hire them)

[Anonymous No.10046228]

>>10043962
>but a 50k flat will rend out for 500 - 600 $ / month
So you will get over 10% yield on a flat? bullshit

[Anonymous No.10046252]

>>10046183
Muh flying cars

[Anonymous No.10046257]

>it's another 20 years old boomers with no knowledge of real estate jerk each other off over 3d printing episode
protip: look at countryside homes
real estate value is mostly location, 3d printing isn't going to affect that one bit

[Anonymous No.10046260]

>>10046007
>It already is though..?

What hipster city has whole parts of city printed out by these? Of course they'll let you print one or two of these in to some dumpster, nothing more.

[Anonymous No.10046293]

>>10046257
mm depends.. if they can scale up and use it to build condominiums i could see it at least blunting the price increases.

[Anonymous No.10046300]

>>10046225

Valid points but you are arguing all of this from the point of view that homes should be a store of value and have value in the first place and be cornerstones when everything that is changing suggests this is no longer going to be the case. You are using value arbitrarily though, so who knows what you really even by it. Let’s recap, these houses are:
>affordable
>hurricane and environment proof
>100% green and made of recycled material
>have zero waste
>can be customized to the millimeter in a CAD program
>can offer amenities like wall gardens, pools, etc for a fraction of the price

And according to you, have no value and are just “cool”. Kek.

[Anonymous No.10046313]

>>10046228
a literal room with a shared kitchen / bathroom / living room easily goes for 400+/mo where I am on the east coast.

rent is disgustingly easy money, those figures look pretty accurate to me. but remember there are always maintenance costs, he will encounter unexpected costs to drive down that yield.

[Anonymous No.10046322]

>>10046257

Boomer retirement denial in full force. Kek.

[Anonymous No.10046337]

>>10046313
>unexpected costs

Translation = niggers.

[Anonymous No.10046350]

>>10046300
If you expect a crop of 3D printed houses to show up and provide a boom of new homes, then you are the one looking at them like a store of value.

They're actually an appreciating asset, not a store of value.

Yes, ALL of those things have VERY LITTLE value in a LUXURY market. Correct.

[Anonymous No.10046359]

>>10046313
would you take on the upkeep of a 6 family unit for 30k net income?

[Anonymous No.10046368]

>>10042486
>$400k is expensive
>[Laughs in Australian]

[Anonymous No.10046383]

>>10046337

sometimes its niggers, and sometimes its >>10046359

Personally I would not take on that upkeep, time is money, but if you can stumble on cheap property, its still a solid and reliable source of passive income.

[Anonymous No.10046397]

>>10046252
Implying they won't be part of our daily lives before 2030 if the tech and infrastructure continues to grow at the current pace.

[Anonymous No.10046400]

If we get rid of immigrants or at the very least slow the flow of them,the market will crash.

[Anonymous No.10046403]

>>10046337
>renting to niggers

[Anonymous No.10046419]

>>10046350

You're all over the place. Your brain can't accept that things can be any different, that's ok. New tech doesn't care that you have experience building houses, or that you are invested in the trade or that everyone in the entire industry does things a certain way. That is exactly why it is so powerful and why autists like me work hard to be able to predict the future, and in my case, am able to.

Few years from now you'll be working on a site when you find out it's a 3d printed house and everyone looks around at each other baffled, you'll take off your wagie cap and wipe your brow and exclaim "Oh yeah, yeah, I think I heard about these things before on the internet." and then proceed to assemble the machine.

[Anonymous No.10046429]

>>10046403
they'll be the sole occupants of any 3D printed homes in the US, so be prepared

[Anonymous No.10046460]

>>10042769
It's all about flooding white neighborhoods with non-whites.

[Anonymous No.10046494]

>>10042520
It's not the materials that are the biggest expense, it's a combination of too many people/not enough land, along with arbitrary zoning laws.

[Anonymous No.10046580]

>>10043962
>$500 will rent a $50k flat
>$500 will also rent a $250k house
What kind of market is this?

[Anonymous No.10046591]

>>10044951
What I'm thinking. Land will be 10x more important than what's on it

[Anonymous No.10046603]

>>10046313
You are lucky, not so good yields in europe

>>10046580
Would like to know this yeah

[Anonymous No.10046612]

>>10046419

You know literally nothing about the business you think you're going to disrupt. Good luck man. You're not going to approach a luxury market with 3D printers. It wont happen for decades, if not another century.

But you can go move to China or India and live in one right now! Luxury streetshitting!

And if they DO land here, inevitably driven out of every nice white neighborhood in the country, you can live with all the gangs and crime!

If it does happen in the next few years, I guarantee that will be the reality of it. 100%.

I can't even make a left turn onto a nearby street within the hours of 2-6 PM, Monday - Friday. If you think the same town is going to approve your boxes of plastic, drive down their property values by flooding their own areas with cheaply built, difficult to modify homes, you have a brain tumor

[Anonymous No.10046670]

>>10046225
Just dropping in on this convo.

I think you underestimate the power of Jewish subversion. You keep using things like """nice""" to describe the current perception of the quality of homes.

What happens after Vice Magazine runs 12 months straight of bullshit videos all talking about how bohemian and edgy and "real" it is to live in a corrugated metal shack built by 3D printers, and how "white" and disgustingly gaudy it is to live in a "nice" home?

The people after boomers are so demoralized and low on themselves they will easily believe shit is actually the new nice.

Remember they think niggers are cool.

[Anonymous No.10046678]

Is this the proper thread to trigger people?

[Anonymous No.10046685]

>>10046580
>>10046603
A monopsony.

[Anonymous No.10046686]

>>10046612

People are already lining up to buy these, demand is already ridic. My track record for predicting this kind of shit is unreal, meanwhile you're trapped in your bubble/echo chamber.

Just promise me you'll think of this thread when you're assembling the printer.

[Anonymous No.10046698]

>>10046678
What are the demographics of that neighborhood?

[Anonymous No.10046704]

>>10046670

Also this, nice isn't real. Nice is whatever you are told it is, which is exactly what I meant when I said perception is disrupted as well as the industry/tech.

[Anonymous No.10046712]

>>10043265
>muh 21 million supply cap
I've been saying all along that a supply cap on btc is meaningless if anybody can instantly make an erc20 shitcoin with a supply of billions. The global crypto market cap is all that matters.

[Anonymous No.10046715]

>>10046698
White trash, old white people, and blacks.

[Anonymous No.10046724]

One thing I don’t understand about the 3D housing is this: all of the desirable land already has housing on it. So where will these be built?

[Anonymous No.10046736]

>>10046698
>>10046715
The racial makeup of the borough was 92.71% White, 5.17% African American, 0.08% Native American, 0.61% Asian, 0.15% from other races, and 1.28% from two or more races. Hispanic or Latino of any race were 0.61% of the population.

I think this lowballs the black number a little bit because they are mainly renters, but I think it is close.

[Anonymous No.10046756]

>>10043849
>$2500/month rents me a $1.5M house near the ocean.
Nigger that's a 1br in the shittier parts of the SF Bay area

[Anonymous No.10046783]

>>10046686
>big news soon

[Anonymous No.10046831]

>>10046670
What will happen is you'll realize how little people are actually willing to follow through on those ideals rather than just pretend they would.

Nobody wants to live in a corrugated metal shack and you're not gonna be approved to build a corrugated metal house because its gonna look like shit and rape your block's houses' values

I get what you're saying and it's an amusing POV but there are a lot of young people with well paying jobs who will invariably settle into luxury homes.

[Anonymous No.10046912]

That feel when in Russia there is stagnation since 2013.

Also, let's be more constructive.
1) What indicators should signal of a starting new crisis?
2) What should we short?
3) What should we long?
4) When start acting?
Russia is going down anyway and I want to make profit out of it.

[Anonymous No.10046987]

>>10042486
I hope I'm not fucked.
>found out wife is preggo
>we were paying 1175/mo for a 2br townhome near the airport, 10 minute commute to work
>bought a house in little Mexico where all the hip kids are moving
>mortgage with taxes, etc 1975/mo
>in a city with huuge positive population growth due to everyone moving here from California

[Anonymous No.10047005]

>>10046987
Utah?

[Anonymous No.10047034]

>>10047005
texas

[Anonymous No.10047060]

>>10045636
Anon, they'll be 3D printing their eco-friendly energy efficient "FUTURISTIC" homes in podunk who gives a fuck for not even 10k.
JUST TO HAVE THEM.
Will be up there with those hobbit houses, underground houses, and ecofriendly homes made out of living trees and what not.

It will be mostly art statement and longterm livability rather then cheaply constructed mcmansion nonsense.

Mark my words. Make the tech to produce those homes cheap, use recycled materials for certain pieces, do the whole energy efficient and have green energy packages like solar and wind and the like and they'll have a party.
It costing less then a mobile home or RV will make it unbelievably attractive to people who are looking to replace busted old residential homes quickly and cheaply.

[Anonymous No.10047064]

>>10042520
Construction Unions will make sure this shit will never happen. I wouldn't get your hopes up.

[Anonymous No.10047083]

>>10042486
I fucking hope so

I'm so ready to jump into real estate investing but prices are so astronomically high I can't actually get into rental properties without going full-blown slumlord.

Shit sucks man, I just want to make money.

[Anonymous No.10047089]

>>10045697
Uber's idea was proven a long ass time ago, Netflix is failing miserably, and Amazon runs on debt.

[Anonymous No.10047167]

>>10042486
>441$ / sqft
b o i
Do you even house market?

[Anonymous No.10047435]

>>10047064

And they'll do what to stop it? Picket outside 3d printed houses? Kek.

[Anonymous No.10047449]

>>10047089

[Anonymous No.10047516]

>>10047064
Construction unions don't have any power anymore.
And to be honest, they can completely eliminate the competiton from illegal immigrants simply by buying a 3D printer to do smaller jobs that they would hire the illegals for and do the heavy lifting that the mcmansion loving retards want.

Integration into the home construction field rather then replacement. Sell it as a tool to make things easier and cheaper and not a way to get rid of their jobs.

[Anonymous No.10047555]

>>10046698
it's not the demographics it's probably got mold or foundation rot. or other water damage.

[Anonymous No.10047737]

>>10044000
Post more.

Trips of truth and wisdom

[Anonymous No.10047811]

>>10046252
Flying cars not for a while - Flying bikes? 2022 probably. They already exist and people race them.

[Good Samaritan No.10048049]

>>10043002
What if I told you the crypto that will [has] been chosen.

[Anonymous No.10048192]

>>10044075
The dude in the video looks like a total cuck but the tech is very interesting.

[Anonymous No.10048241]

>>10048049

[Good Samaritan No.10048277]

>>10048241
Who the fuck told you?

[Anonymous No.10048315]

>>10046228
>10%
anon I...

[Anonymous No.10048359]

>>10046228
you're gonna make it anon

[Anonymous No.10048479]

>mfw mort-gage literally translates to ''death pledge'' in latin

[Anonymous No.10048523]

>>10048479
>mfw mort-gage literally translates to "dead loan" in french

[Anonymous No.10048573]

>>10042520
that was 3.5 years ago and it still hasn't caught on

[Anonymous No.10048695]

As a 19yr old how can I profit? Have lots in $ from crypto either waiting for reentry at sub 3k or to invest elsewhere.

hodl $ until bubble pops?

[Anonymous No.10048788]

Why the fuck dont you dummies own properties? You can buy houses for fucking zero dollars down rent them out and build equity fucking fast and then use that equity to buy even more houses. Im 24 and own 3 properties and currently looking for my 4th. Ill be retired by the time 40.

[Anonymous No.10048831]

>>10042520
Even if this catches on houses arent whats expensive its the property. Even if you could afford the 150k that cost to print you still gotta pay 5mil for that manhatten lot.

[Anonymous No.10049247]

i watched the videos. the guy creaming himself over the 3d printed home technology is sorely misguided.

point 1: the 'printers' only lay concrete. they only 'print' the frame of the home. roofing, electricity, insulation, plumbing, heating, and air conditioning, painting the interior, drywall, gutters, windows, doors, and etc., all still have to go in manually the normal way. when these videos say "3d printed homes' it is misleading, circle-jerking language from r/futurology types that think carbon fiber is going to replace steel. at most, this technology would only offset the labor cost of setting up a frame of a new house

point 2:
>409sq ft home, 650sq ft home
thats the size of an efficiency apartment. the average home in the united states is 2,687sq ft. even if this technology scales up, again, it would only offset the cost of building the frame.

point 3: only ~614,000 homes sold last year were new built, out of ~5.5mm homes sold. meaning new homes are only approx 11% of sales. and out of ~136 million total homes in the US, that means new houses only make 0.4% of the possible market on average. many homes in cities and suburbs are decades, if not a hundred+ years old, just repaired and restored over the years. lots of new real estate in the cities have been high-rise condominiums. meaning, even the new construction in the city is not tiny homes that can be 3d printed, but giant multi story complexes. i strongly doubt we will see automation of the entire process of building a condominium any decade soon.

point 4: the cost of constructing a home is only one of many parts that factor into the price of real estate. even if it becomes possible to automate the entire process of building a home from laying the foundation to moving in furniture, this will not push down the price of the real estate that has to do with location. even if construction costs are equal, the price of buying a home in manhattan is an order of magnitude higher than buying a home in rural iowa

[Anonymous No.10049349]

28 yo and just bought a cuck shed for 500k in a major city. Paid 100k over asking. Don't give a FUCK if it plummets in value because my mortgage is half of what my rent was and no more fucking wall neighbors. Plus I got a huge ass home gym in my basement. So much better than renting.

My rent was increasing a couple hundred/month every year trying to wait for the housing crash for 3 years. So don't care if it the value plummets and money I get back when I sell is gravy. Payments are 10% my gross so no worried at all, plus I have 3+ years in cash emergency fund to wait out a crash.

Government is printing $1trillion+/year. Good luck waiting for that deflationary crash though, LMAO. No longer a rent cuck to some landlord and it feels good.

[Anonymous No.10049809]

>>10046678
wow a shitty house in a failed post industrial hell scape is affordable. muh braddock muh urban rejuvenation

[Anonymous No.10049841]

In my area (large midwestern city), housing is still decently affordable, especially multi-unit homes. The rent to home price ratio is great to boot, so I'm considering saving up for a down payment and making my first home purchase a multi-unit so I can be an owner-occupant and rent the rest out.

Good idea for getting my feet wet in the landlord game while building equity? I have a good job.

[Anonymous No.10049985]

>>10049841
Not a good idea to live in the same building as your renters. You will go fucking insane youll constantly be snooping on people to see if theyre fucking up your house or youll end up hating everyone. You would be better off renting out everything and renting someone elses home just to keep your sanity.

[Anonymous No.10050014]

What is the point of buying a house? I need one bedroom and one bathroom. I'd never come out ahead having to own and maintain an entire house vs. that.

[Anonymous No.10050022]

>>10042576
I thought what you wrote was pretty cool but then I realized that you have to find a new job every 6 months and the lack of stability would drive me mad.

[Anonymous No.10050063]

>>10042486
lots of boomers take their retirement money and try to get into house flipping cause they saw it on hgtv, its artificially inflating housing

[Anonymous No.10050162]

>>10050014
I bought a smallish house 2 years ago but it was also pretty inexpensive ($95000 CAD) and I rent out the basement to some student for $300 a month. Pays for the electric bill, internet and food.

He can even use my internet as long as he doesn't act like a nigger and torrent without a VPN.

My mortgage is microscopic and I could pay off the entire thing right now but the market is so strong I'd be an idiot to pull out now.

[Anonymous No.10050188]

>>10049349
>it feels good.

Uh huh.

[Anonymous No.10050212]

>>10050022
what if you work from home?

[Anonymous No.10050222]

>>10048523
we call it a hypothecaire in french, reddit

[Anonymous No.10050254]

>>10042769

Truly this. I posted this a while back, this girl I know just bought an "investment property" in suburbs of Atlanta. Paid $275k for a 1000sq foot complete piece of shit.

This market has every sign of a collapse.

[Anonymous No.10050270]

>>10049985

That's a good point that hasn't been addressed to me yet. My rent is really good where I'm already at so I'm in no hurry to move.

[Anonymous No.10050331]

>>10042520
I don't want my house being built out of recycled trash by chinks. I don't care if they're using meme technology

[Anonymous No.10050337]

>>10050270
If youre happy where youre at then you should totally buy a multi family and rent it out and just stay where you are.

[Anonymous No.10050427]

I sold my house about a month ago and after everything was paid off I still put more than $200k in my pocket. I moved back into my parent's house and working currently but my contract that I'm on will be up in October. I'm making $47/hr, working full time, and able to save all of what I make. I have about $270k in savings currently. I really don't know what I want to do next. I was thinking about going back to school since I work a pretty physically intensive job and I'm not sure if I want to keep doing it the rest of my life but realistically it seems like I should just keep doing what I'm doing for money. Maybe buy some acreage and build a cabin or some shit? Travel? What would you assholes do?

[Anonymous No.10051045]

>>10050427

You have to put “lj+(username)” in the email field to get your post to push to your live journal. Try it again maybe.

[Anonymous No.10051061]

>>10051045

what the fuck is a life journal is that some kind of boomer shit

[Anonymous No.10051079]

>>10042486
Land is a limited resource, long term it is only going up. Macro-economic scale of things.


Now about what happens in the next couple of years, I think the current way of living renting instead of buying (e.g. people moving from city to city and never stay in one place too long) and AirBnB is boosting the housing market.

Short answer to your question Maybe. But I think not for a while, unless some major changes come our way.

[Anonymous No.10051166]

>be me
>see this thread
>Press ctrl+F
>type 'inventory'
>not one time was this word used.

You guys must be fucking idiots. There isn't any bubble in the US housing market currently due to several reasons:

(1)Stricter lending regulations
(2)increasing land cost, lack of building
(3) people are not moving

Though all these are mentioned, not one person said "LACK OF HOUSING INVENTORY!"

There is a serious lack of housing inventory in the United States, but no one wants to mention the 450,000 notes banks still own on properties after their glorious and luxurious bail outs.

There are only three major things that will affect the real estate market, and it ain't going to be a collapse of the stock market (might only make a small dent):

(1) Interest rates need to go up beyond 10%, as this "healthy economy" is showing us people have jobs and they want a fucking home
(2) baby boomers die off
(3) Build more houses

If you don't see any of those three happening in the next 5 years, you can expect home prices raise to the highest levels in United States history.

Being from Buffalo, NY, this god damn inbred of a city is seeing houses in the heart of the ghetto increase in value by 30% in just one year, as all the typical suburbs have priced out a lot of first time home owners and other people, so not they're making their move into less desirable areas.

The increase in home prices isn't because of public belief that an asset is worth more than it should be, its because the middle class is trying to make its last stance to finally own wealth.

If they dont balance this market, it will seriously hurt the middle exponentially-- worst ever in the history of the US, I believe. The next stock market crash will be the final nail in the coffin.

[Anonymous No.10051197]

Housing will not have a huge widespread collapse anytime soon. There is still an ongoing housing supply shortage esp for starter homes in major cities. Prices for those kind of homes are going to keep going up for the near future.

[Anonymous No.10051221]

>>10042486
Of course it's a bubble.

1. Everything's clearly overvalued.
2. Idiots everywhere think they'll get rich.
3. The product is of dubious utility.Most millennials don't need or want real estate or a single family home, they need affordable condos in urban areas.

Ticks all the boxes.

It's about to pop. Check the inversion of the bond yield curve that's about to happen. Smart money is betting bearish for the next five years

[Anonymous No.10051250]

>>10051221
you're a fucking moron.

read my last post.

>>10051166

[Anonymous No.10051256]

>>10051166
Lol at thinking the middle class is driving house prices, this is a gigantic asset bubble created by 10 years of quantitative easing

[Anonymous No.10051292]

>>10051256
is that why most of the demand is for affordable single family homes?

Ofcourse its becuase of quantitative easing, what did you think was going to happen with very low interest rates and an economy getting stronger and stronger? This was the whole point!

[Anonymous No.10051333]

>>10046206
It would probably be among the most affected lol

[Anonymous No.10051369]

>>10051292
Speculators see the greatest returns on single family homes. That's where the best returns are.

You're claiming that housing prices are reflecting a simple supply and demand curve, and suggesting that supply is just artificially restricted.

I'm saying it's an asset bubble created by low interest rates. Housing prices have risen too fast relative to income to make any "demand" argument plausible. This is a speculation driven market

[Anonymous No.10051474]

>>10051369
I'm not saying supply is artificially restricted (I'm assuming you're trying to say "purposefully restricted"), I'm saying that there are legitimate reasons supply is restricted.

(1) low interest rates (your claim true) + healthy economy and people having jobs= high demand for single family homes

(2) Building has stopped after the housing bubble-- almost completely. All the workers went to heavy industrial, and none are coming back, because it simply pays more. Then add the fact that land is now getting very expensive...due to supply.

(3) people are not moving-- mainly boomers.

I'm not sure if you're still sticking with the fact that this is still a bubble, but I'm claiming its a big time supply issue...it's definitely NOT a bubble.

[Anonymous No.10051517]

>>10042520
Cant wait. Only question is if the zoning Jews fuck off.

[Anonymous No.10051527]

>>10050427

maybe give a couple blowjobs

[Anonymous No.10051584]

>>10042486
housing bubble is just one of debt bubbles, artificially inflating demad that will crash when reality hit back with delinquency

[Anonymous No.10051610]

>>10051584
But what if you're wrong, and what if some sort of corruption with banks and loans, etc, will make house prices go up, up, and up, forcing stupid millennials to take out huge loans to buy houses?

[Anonymous No.10051612]

>>10051584
but that's the thing-- there wont be delinquency due to tighter lending regulations.

That's why I stated if the stock market tanks, I doubt it will have a huge affect on the real estate market. Price of homes may dip by a maximum of 10%, but it isn't going to cause a massive influx of supply because people will need to walk away from their homes like in 2008.

[Anonymous No.10051658]

>>10044347
The shared walls of these "homes" in the UK fucking kill me. Just move into an apartment at that rate.

[Anonymous No.10051681]

>>10044559
I'm unironically printing out a fucking house as soon as I can.

[Anonymous No.10051722]

>>10044805
It's going to be a hard fight for regulators to deny affordable housing. Both bleeding hearts liberals and free market libertarians who admire efficiency will push this shit in everyone's face. There is no winning argument to be made against it. Not to say they wont try.

[Anonymous No.10051724]

>>10045696
This, I honestly grew up pretty middle class and nobody in the whole fucking neighborhood "modified their home". Nobody. So yeah rich people will go on doing rich people shit but the poor and middle class, especially millenials and younger will be happy to fucking own anything, and are WAY more interested in sustainability and often look at THAT as the status symbol, rather than "fanciness". So yeah not sure what that other guy is on about.

[Anonymous No.10051748]

>>10045007
>handbuilt unique cool house
Pass. You can print aesthetics and for much cheaper.

[Anonymous No.10051782]

>>10045133
Incorrect assumption are incorrect. 3D manufacturing doesnt follow the same processes at all as other manufacturing techniques.

[Anonymous No.10051796]

>>10045303
>I don't give a shit how it's made
You're a middle man who effectively gets cut out in many ways as this technology goes forward. Nice try though.

[Anonymous No.10051827]

>>10047060
>to people who are looking to replace busted old residential homes quickly and cheaply.

Hadn't even considered this

[Anonymous No.10051829]

>>10045397
Indeed, were still early. Meanwhile MIT is printing structures 10x the strength of steel. You wont be seeing this mass produced for another 5-10 years, but its here and not going away. Btw graphene fucks over all kinds of industries.

www.computerworld.com/article/3155102/emerging-technology/mit-creates-3d-printed-graphene-thats-lighter-than-air-10x-stronger-than-steel.html

[Anonymous No.10051833]

>>10042486
Because millenials or gen z cannot buy into real estate means we are in a bubble? Look...that's exactly the reason why you are poor af

Everything is in a so called "bubble"...stocks, bonds, real estate, whatever you wanna look at. QE, the dirty cheap paper money and the debt system in general is isnflating everything...it will only get worse, because when it pops, then you fucking poor brainlets cannot even buy yourself something to eat.

[Anonymous No.10051838]

>>10045549
>muh status

[Anonymous No.10051902]

>>10045985
Trump is cutting regulations, I could see him attacking this as well. Hes not stupid, I wouldn't be surprised if his company is looking into 3d printing solutions already.

[Anonymous No.10051920]

>$110k 2018-built house near fifth biggest Polish city with a plethora of corporations to work for

[Anonymous No.10051927]

>>10046034
>calls others socialist
>defending dinosaurs industry in the face of civilization tier changing technology

You literally sound like a union worker.

[Anonymous No.10051937]

>$300k small mansion (3000 square ft) just outside the fifth Polish city with a plethora of corporations to work for

[Anonymous No.10051943]

>UK expat working for engineering consultant
>have some land in eastern europe
So by the looks of it its just better to save some money and build the house myself given it will cost €80k-120k depending on the interia I want

[Anonymous No.10051944]

>>10051937

[Anonymous No.10051961]

>>10046350
>homes as a store of value

People treating houses as anything more than a depreciating asset are literally the entire fucking problem.

>tfw print out my house and bulldoze it in 10 years for the lulz and print out a new one using better tech and materials for cheaper than the first one

GET FUCKED BOOMERS

[Anonymous No.10051974]

>>10051961
People treating internet coins as anything more than a depreciating asset are literally the entire fucking problem.

>tfw mine out my coins and delete them in 10 years for the lulz and mine out a new one using better tech and materials for cheaper than the first one

GET FUCKED COINERS

[Anonymous No.10051978]

>>10051937
>>10051944
fair point

[Anonymous No.10051984]

>>10046724
Just outside of city limits preferably.

[Anonymous No.10051989]

>>10051974
The difference is without a house you're homeless. Without assets just makes you a nocoiner, but even nocoiners can feed themselves

[Anonymous No.10052100]

>>10051974
False equivalency

[Anonymous No.10052178]

>>10042486
Don’t worry they’re just having children later. They will realize when kids come they will need some land

[Anonymous No.10052222]

>>10042520
agree, but I think that the bubble will shift from housing to plain land, because now you can build anything on it

[Anonymous No.10052536]

>>10042486
>Be class of 2008 in commiefornia
>Only know like 3 people who "bought" houses in entire graduating class
>First guy got married and has no children, they bought a 1970s house
>Another girl bought a house.... in Arizona, also a piece of shit house built 30+ years ago.
>Third person inherited one from his parents who happened to own several properties already, it was an older townhouse

Anyone else who bought a house didn't brag about it. I do know another friend who got a free house from his parents but he never tells people.

[Anonymous No.10052601]

>>10042486
Unironically, if this house is close to the centre of a dynamic metropolis, it's a better store of value than gold or shitcoins.

[Anonymous No.10052625]

>>10051829
>Brittle material
>breaking in nanoflakes
>in housing construction
Yeah you know what I'll stick with wood, concrete and steel.

[Anonymous No.10052648]

>>10042486
chinks will buy them, and your politicians will let them because they accept bribes.

[Anonymous No.10052664]

>>10044951
This is already the case in most places where houses/land is expensive af.

[Anonymous No.10052668]

>>10044951
The land is already the main part of the cost in a new house.

[Anonymous No.10052729]

>>10048049
What is that?

[Anonymous No.10052817]

>>10043615
Not everyone has 300k fucking dollar right from the start to spend on a house. Those 300k don't give you a house, but gives you a place to live in the mean time. Also, 300k of rent in my country would mean me, my children and maybe one grandchild's housing covered fully.

[Anonymous No.10052822]

>>10042520
The majority of the cost is in the land you retarded currynigger

[Anonymous No.10052895]

>>10051920
Nice but not cozy from outside houses, good choice building them close to keep them warm.
That green car has flat tires

[Anonymous No.10053084]

>>10044000
Based af. Sometmes I wonder wtf these obviously really intelligent people doing here.

[Anonymous No.10053251]

>>10052817
Coupe of friends
>rent a 75sqm flat
>1300€/month rent
>flat belongs to someone else
gf and I
>bought a 85sqm flat in a better area
>1300€/month loan payments
>flat belongs to us

[Anonymous No.10053547]

I'm hoping that crypto makes another run within the next two years so I can have enough to buy a house during the crash.

I think a housing crash is going to happen for sure, atleast all things seem to point in that direction, but I missed the early crypto wave and pretty much have to hope the stars align so I can be a homeowner someday.

Godspeed any of the rest of you who are hoping for the same.

[Anonymous No.10053853]

>>10042520
Keep dreaming, Cloud.

[Anonymous No.10054272]

>>10042486
That feel when 30yo boomer but already paid my mortgage.