/biz/ - Business & Finance

[Anonymous No.19059210]

What went wrong?

[Anonymous No.19059222]

[Anonymous No.19059256]

>>19059210
The immigration and nationality act of 1965.
It started the browning.

[Anonymous No.19059259]

>>19059256
Took you long enough

[Anonymous No.19059267]

>>19059210
modern people CONSOOM too much

[Anonymous No.19059268]

>>19059210
Jews

[Anonymous No.19059270]

>>19059268
>jews

[Anonymous No.19059277]

>>19059256
Yes goy it is mexican food truck operators which is the reason your money is worth nothing and wealth inequality is worth then ever. good goyim.

[Anonymous No.19059309]

My aunt and uncle were renting a 2 bedroom in a nice Irish/Italian part of the Bronx the early 90s. I think it was like $250 a month. Now that neighborhood is full of Hispanics and Albanians and that apartment would go for $1800. According to official inflation metrics the apartment should only cost $500 today.

[Anonymous No.19059489]

>>19059309
>According to official inflation metrics the apartment should only cost $500 today.

According to what "inflation metrics"? Inflation is a measure of cost increases, not the cause. Cost of things like housing, healthcare, and education have vastly outpaced income growth. But cost of food and entertainment have decreased. Government has increasingly subsidized food and technology provides really cheap entertainment to distract the masses these days.

So it depends how you're measuring inflation. Certainly if you look at housing you are going to measure 10x more inflation than if you measure food. If you are looking at CPI, the government's formula which a lot of cost increases are based on, so its engineering to underestimate inflation. It ignores housing. It also has a bunch of shit in there about adjusting CPU MGhz and RAM amounts to artificially calculate lower inflation than reality.

Whats really happened it really simple. Its just a massive accumulation of wealth by the top richest people, perpetuated by decades of crony capitalism in the US. Technology and food subsidies make things seem not as a bad, but the middle/lower class are the poorest in history today.

[Anonymous No.19059569]

>>19059489
>According to what "inflation metrics"?
Google any inflation calculator, they all use an inflation rate of roughly 2% annually. That's clearly not the case for housing, which is arguably a better indicator of inflation than groceries imo. Like you said groceries are heavily subsidized, and on top of that places like Walmart will use staple foods such as milk and bananas as loss leaders just to get you in the door. The rent is simply too damn high

[Anonymous No.19059584]

>>19059569
Inflation is defined as the increase in prices due to the increase of the money supply, it's NOT defined as just the increase of the money supply

[Anonymous No.19060133]

>>19059489
You actually have this backwards, government support for food and technology is minuscule compaired to intervention into housing, healthcare and education. The more intervention (subsidies, zoning, regulation, diversity initiatives, loan guarentees, immigration against the people will), the more outrageous cost increases we get every year. Progress in the private sector always lowers prices relative to supply and demand, always. Thats why 85 inch televisions now cost $1,000 instead of $20,000, and your antiquated government supported education now costs $20,000 instead of $1,000.

[Anonymous No.19060165]

>>19060133
takes work to be this retarded

[Anonymous No.19060180]

>>19059277
Pretty sure he's blaming the politicians that brought them here you dumb spic

[Anonymous No.19060199]

>>19059256
Only whites, European Spaniards, Japs and I guess Hong Long chinks have souls.

[Anonymous No.19060291]

>>19060165
Please, enlighten me then, my big brained fellow anon. I always enjoy watching tax slaves defend their masters.

[Anonymous No.19060344]

>>19060165
>can’t think past my nose and offer anything to the discussion
>better call him retarded

[Anonymous No.19060552]

>>19059277
>yeah esse ill do the job for 2 USD an hour
>subsequently lowers everyone's wages
Nothing personnel, kid

[Anonymous No.19061395]

>>19059210
Anon, unironically a combination of immigration (it creates scarcity for housing and drives well-to-do Americans from the city to suburbs) and a runaway of disproportionate wage:productivity ratio from about 1973 onwards combined with additional "government assistance" for certain groups of people (groups which were not buying houses prior to 1940).

>>19059256
>>19060133
These guys get it

[Anonymous No.19061441]

>>19059210
wtf happened in 1971::
https://wtfhappenedin1971.com/

[Anonymous No.19061449]

>>19060552
Don't forget the massive amounts of crime committed by ethnics and their disproportionate reliance on benefits.

[Anonymous No.19061493]

>>19060133
>he thinks housing and education are comparable to buying TVs

[Anonymous No.19061526]

>>19060165
I imagine you only think that because no amount of work can ever make you unretarded.

[Anonymous No.19061534]

If you live in a dark red area an make less than $150k, just move. No discussion, just move.

[Anonymous No.19061663]

>>19061493
>he thinks buiding a house or teaching math and history is more complicated than maintaining a global infrastructure for producing and delivering cutting egde technology.
Sounds like you need to go back to childrens day-prison for another 20 years of government education.

[Anonymous No.19061810]

>>19061663
Building and selling TVs: Only requires technical knowledge, doesn't influence the greater economy, doesn't influence quality of life of the people, is a non-essential good
Education: Completely defines a country's economy. Without education there are no TVs, no power plants, no water treatment plants. You first need education before you can brag about building TVs. And who set up education first?

As for housing, what the heck do you think the free market would do in places like San Francisco? You think houses aren't being built there by the truckload?

But yeah, you go ahead and believe in your motte-and-bailey fallacy since it makes you feel so good

[Anonymous No.19061846]

>>19059268
Unironically this

[Anonymous No.19061852]

>>19061534
Hell I live in a light red area and make just under $75,000. I don't think I'll ever own a home.

[Anonymous No.19062319]

>>19059268
this but unironically

[Anonymous No.19062346]

>>19061810
>cutting edge tech is non essential
Why are you here? There are essential rice paddies in north korea that need your tending to. Maybe while there you could convince the leaders that flat screen techincal knowledge is well known, and they could make immense profits with the use of slave labor to produce high demand non-essential goods.

>I can only receive an education from my masters in government, its what defines my ecomony!
Your economy is defined by the avergage IQ of your population, period. IQ is 80-85% directly inherited from your parents, with the remainder the varience of genetic recombination. There is no credible science that links education or educational spending to national economic well being, other than as a secondary effect of average IQ.

>you think housing isn't being built by the truckload in San fransisco?
San fransisco is the epitome of government induced supply restriction. Developers are flat out not allowed to take 3 cute houses, that house three childless couples, and bulldoze them to make a 20 story apartment building. New York city used to be a smaller harbor town just like San Francisco, only difference is New York city expanded before the proliferation of government intervention and restriction of land use. There is a reason Texas is host to the most fast-growing municipalities in both population and economic growth: extremely few restrictions on land use.

[Anonymous No.19062697]

>>19059210

It started going wrong when jewish sabateur and bastard child Alexander Hamilton landed in this country from his island and became Washingtons puppet mastetr.

[Anonymous No.19062967]

>>19059256
>It started the browning.
H1B visas artificially inflate the Mutt IQ.

This Anon gets it >>19061441
Combine that with counting 2 wages for a mortgage, its actually women fuckin over familys. Its impossible for the average family to have an average home on 1 wage.
So its women

[Anonymous No.19063075]

>>19062319
Edgy but true since at least the 1990s

[Anonymous No.19063209]

>>19059210
well according to OP image we need Hitler back

[Anonymous No.19063231]

>>19059268

correct

[Anonymous No.19063251]

>>19059277
Chinks and poos you disingenuous retard

[Anonymous No.19063264]

>>19062346
>Developers are flat out not allowed to take 3 cute houses, that house three childless couples, and bulldoze them
You think that house developers only require less government intervention in order to demolish those small little houses? Wouldn't they need, oh I don't know.... THE FAMILIES TO AGREE TO DEMOLITION IN THE FIRST PLACE?

[Anonymous No.19063307]

>>19059256
>Muh niggers!
>>19059268
>Muh jews!
>>19062967
>Muh women!
>>19063209
>We need Hitler back!

Like clockwork.

[Anonymous No.19063338]

>>19063264
You are retarded.

[Anonymous No.19063370]

>>19059210

>Prices for things go up
>Income doesn't go up
>"Why can't people afford things?!?! Such a mystery!"

[Anonymous No.19063374]

Rich people plundered this country. The racial shit is just one means to that end

[Anonymous No.19063492]

>>19063307
I said women in addition to the nixon shock

[Anonymous No.19063509]

>>19063370
yes but why doesn't income go up?

[Anonymous No.19063643]

It's the Fed and ZIRP. That had a much big impact on housing prices than a bunch of 3rd worlders.

[Anonymous No.19063847]

>>19063509
Because the rich got tired of having to deal with uppity local labour and prefer to outsource it to countries that treat their citizens like slaves. Meanwhile this enriches a class of scumbags in those countries who funnel their money into tangible assets like real estate in the US.

[Anonymous No.19064333]

>>19060552
>Competition is bad for free markets
You niggers can't even get your own position straight.

[Anonymous No.19064538]

>>19064333
>everyone's wages falling to 2USD/hr is going to wonders for their quality of lives

[Anonymous No.19064650]

>>19059268
>ITS DA JHOOOOOOZZZZ ITS DA JOOOOOOOOHHHZZZZZ /POL/ SAID ITS DA JOOOOOOOOOOOOOOOOOZZZZZZZZZZZ

[Anonymous No.19064856]

>>19059210
corporations/globalism/offshore jobs/onshore immigrants al lead to wealth leaving America and the destruction of the middle class.
Enjoy the new globalist leaders, I hear the EU loves these unelected officials

[Anonymous No.19064890]

>>19064856
>I hear the EU loves these unelected officials
wut? The only reason the EU (or rather, the Eurozone) wasn't able to get a good stimulus package together was because the dutch and the germans kept blocking anything that helped the southern EU countries. And guess what? The Dutch finance minister and the German finance minister WERE BOTH ELECTED!
Where on earth are you getting this "unelected officials" from?

[Anonymous No.19065455]

>>19063643

The actual answer. Most normies think in terms of monthly payments; If you can afford the payments for a house, you get the nicest one you can. Most people think houses only go up in value, thus guaranteed investment. If rates ever go up again, mass foreclosures.

[Anonymous No.19065919]

>>19059210
overpopulation, housing only goes up

[Anonymous No.19066017]

R>G because central banks control currency now, the rich ger richer. That's it.

[Anonymous No.19066035]

>>19059210
boomers, kikes, and chinks.

[Anonymous No.19066627]

>>19063264
Holy fuck....
Developers don't want the houses, because the government won't let them build apartment building on the land. The land those houses sit on could 10x in value if there weren't such restriction. You know what most home owners would like more than their current house? A million dollars in profit and a different but equally good house.

[Anonymous No.19066805]

>>19059210
The Cantillon Effect leading to asset price inflation. Amplified by abandoning gold standard in 1971.
https://m.youtube.com/watch?v=rv5xl1AEeQs

[Anonymous No.19066859]

>>19060199
cant get rid of you paleniggers quick enough

[Anonymous No.19066872]

>>19059210
Its just central bank policy aka inflation.

[Anonymous No.19066954]

>>19066872
Shouldn't inflation also increase wages? The pic in OP shows the ratio of wages to house deposits, not absolute prices in $USD

[Anonymous No.19067028]

>>19064333
There is no free market in this, the government supports these shitskin migrants

[Anonymous No.19067054]

>>19059256
>thinking spics can afford a down payment on a house
Majority of wetbacks pack themselves in apartments so they can be custodians/maids to the wealthy. I have only seen wealthy ones own a house. The reality is shitty banks and land tax laws, which is why there are many states with a housing crisis. also due to stagnating wages, which are very much due to ceo wages increasing (because of more taxes on the rich throughoutl some decades).

[Anonymous No.19067062]

>>19059210
appears to be a "fuck off we're full" type map
perhaps if young people didnt demand to live in already established luxury welfare states of major metro areas and suburbs, they could find affordable housing (like their forebears)

[Anonymous No.19067280]

>>19066954
>Former wallstreet bankers use Central bank to create money
>Central bank "loans" money to Wall Street banks
>former central bankers who work on Wall Street loan money to international corporations
>International corporations use borrowed money to buy back stocks, accounting for 80% of stock purchasing over the last decade
>Stocks go up, at the cost of dilution of the money in the pocket of the lower 90% non stock owning public
>Retards blame capitalism for wealth inequality rather than the unholy influence of government central banking

Inflation happens when there if, when, and where there is an increase in money supply. They just figured out how to make all of the benefits of inflation to accrue to the already rich and powerful by directing where the money goes, while the costs accrue to you and all the other goyem slave caste. Enjoy your cheap electronics and free entertainment while housing, education, medical care and taxes all continue a relentless 5%+ inflation year after year.

[Anonymous No.19067281]

Biz - Buying property is a boomer meme
Also Biz - The value of property keeps going up and I can't affowd it ;(

Categorically, imperatively not going to make it.

[Anonymous No.19067332]

Bought my house in 2010 for $195k at 0% down because I'm a Veteran and have awesome benefits. Why didn't you serve anon?

[Anonymous No.19067395]

>>19059277
>increased demand for housing
>increased supply of labor

[Anonymous No.19067600]

>>19064333
Lets see how well the spic invaders compete without a massive welfare state keeping them alive.

[Anonymous No.19067813]

>>19061441
This

[Anonymous No.19068177]

Mao figured out how to solve this

[Anonymous No.19068273]

>>19067280
Its literally theft. If the working class had group consciousness bankers would be strung up.

[Anonymous No.19068387]

>>19068177
Mao didn't figure shit out. Literal fucking feudalistic land reforms would've been a miracle in a nation comprised of 100's of millions of illiterate sustenance dirt farmers who's country just survived a genocidal world war.

[Anonymous No.19068470]

>>19067028
Majority of congress is full of crackers blame your own for the unbridled greediness of cheap and/or free labor. Whites love to scapegoat instead of doing introspect

[Anonymous No.19068527]

>>19059277
>Massive increase in supply of labor
>Massive increase in demand for housing
>Most migrants don't earn enough for mortgages on new construction so housing supply doesn't match demand.

Yes. Also, adding a 1-2 million third worlders a year necessarily increases inequality because they come with no skills and compete for low skill jobs lowering each other's wages.

Second order problems are diversity being great at killing unions because people are easily divided on race over class (go to /pol/ and see), and real wages declining due to increased demand for housing and medical care, but supply doesn't increase in line because migrants can't afford market rates.

Mass migration is retarded and only benefits the top 10% or so and even then it is destroying our institutions, so in the long run it fucks everyone.

I'm not racist but I want .50 cals on the border and no one else gets in. I don't care if they are White as fuck.