/biz/ - Business & Finance

[Anonymous No.13834904]

>It's a bubble!

ANY day now renters

[Anonymous No.13834927]

>>13834904
>zoomers think there's a housing bubble

Jej'd. What goes up all the time? Population. What goes up much MUCH slower? Number of houses. Why would the price of houses ever crash? Hurry up and pay the rent before I have you evicted, zoomzooms.

[Anonymous No.13834948]

>>13834927
this, i'm glad 99.9% of my money is in housing, fuck zoomers, they'll figure out one day

[Anonymous No.13834961]

>>13834948
Rental properties are literally the crypto of the boomer generation. They're like boomer masternodes.

[Anonymous No.13834982]

>>13834927

There are more houses than people idiot. The problem is that most unoccupied units are held to speculative values to prop up boomer housing values or else OOPS, we might pop the everything bubble.

[Anonymous No.13834985]

>>13834927
>population goes up all the time
>he doesn't know about the depopulation agenda

[Anonymous No.13835022]

>>13834985
cope

[Anonymous No.13835044]

>>13834985
>>13835022
also we always need increasing population to be profitable. Debt is money, we need debt, we need more people to unload our bags on.

Depopulation agenda, lmoa, check population stats of any western country. Why do you think 'refugees welcome' is a thing? New people, new people that need debt, to get an education, house, etc. Debt is money, country runs. Housing get's scarce. Housing rises in price against inflation. Canada an australia are already fucked though.

[Anonymous No.13835050]

>>13834904
Cope

[Anonymous No.13835056]

>>13834982
>>13834985

[Anonymous No.13835058]

>>13834982
>muh everything bubble

poorfag zoomer doomers are cancer

[Anonymous No.13835067]

>they all dont know about the upcoming war with china

[Anonymous No.13835070]

lol boomer cope

my crypto moves more in a day than your stone age investments do in 20 years

[Anonymous No.13835075]

>>13835050
>>13835070
https://www.apnews.com/4dba15376df3463c99c7a03bcb28276e

[Anonymous No.13835085]

>>13834904
Can't wait to swoop in in 1 to 3 years and buy out a bunch of starving boomer trash for pennies on the dollar.

[Anonymous No.13835098]

>>13835075
>Young homebuyers scramble as prices rise faster than incomes
>2 hours ago

zoomers DESTROYED

[Anonymous No.13835102]

>>13835070
funny thing is i buy crypto from your zoomer rent

[Anonymous No.13835104]

>>13835058

The cancer is that we're more poor in real terms than 10 years ago. Unless we discover "Magic Gold Shitting Element", we're overdue for an economic reckoning.

[Anonymous No.13835118]

>>13835070
>my crypto moves
Exaclty, it moves. Up. And down.

[Anonymous No.13835181]

>>13835118
look at a chart of BTC since inception and tell me there's a downwards trend
oh wait

cope

[Anonymous No.13835191]

Vancouver is down like 15-20% YOY.
London and Sydney are down as well. The crash is coming.

[Anonymous No.13835207]

>>13835191

[Anonymous No.13835216]

>>13835207
wow, down 20% from a 500% pump

[Anonymous No.13835246]

My parents have 3 houses paid off and I have crypto

[Anonymous No.13835263]

>>13835207
1.2 million is the average sold in vancouver, holy shit leafs are so fucked

[Anonymous No.13835276]

>>13835098
Believing the (((mainstream news)))
>Please, please buy our bags and keep the ponzi going, goyim!

[Anonymous No.13835415]

>>13835216
yeah, a 20% drop is a full 1/5 of a 500% pump, and it's only going to get worse as the global debt bubble deflates.

[Anonymous No.13835533]

>>13834927
Yeah all the niggers and browd hordes replacing white people are gonna have 500k lying around to buy your 2 BR rental when you want to sell it.

>being this retarded

In another 20 years the only rentals worth owning will be section 8, because those will be the only type of population left. If you're owning property with the expectation you'll sell for more based on population you're gonna get burned.

[Anonymous No.13835551]

>>13835415
>he thinks the global debt bubble will deflate.
cope, we need debt, banks will do everything to get increasing debt. So are politicians.

[Anonymous No.13835673]

>>13835551

Debt doesn't negate the increasing cost of energy to get energy. Thinking we'll transition to renewables any time soon is a fucking joke. Not to mention that global unfunded pension liabilities are going to increase to 250trillion by 2050 from 94 trillion right now.

We're also more poor than a decade ago because printing more money doesn't solve the cost of energy problem. It only allows the misallocation of capital into "services" bubbles.

[Anonymous No.13835714]

Google Chinese ghost cities. The current credit bubble in China is 4.5 times larger than the credit bubble in 2008 for America. Did the 2008 credit bubble fuck the world economy? Oh, then what happens when the Chinese one pops? Do your fucking research.

What happens when you build trillions of dollars worth of housing that no one can afford, which all have mortgages but no tenants... AND the buildings fall down within 3 years because they’re poorly made?

[Anonymous No.13835781]

>>13835551
Not arguing that we need debt.
I'm saying we have way too much debt. This is an indisuputable fact. Debt levels are at record highs in a lot of developed countries. People are over leveraged like they were during the 08 crash and during the 89 housing crash (in Canada) .

If people are over leveraged and a recession rolls around (just a matter of time) and they lose their jobs, they will become insolvent pretty quickly.

[Anonymous No.13835798]

>>13835781
that's a possibility, yeah you're right.