[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 510 KB, 1014x819, 1607887773196.png [View same] [iqdb] [saucenao] [google]
26350785 No.26350785 [Reply] [Original]

I don't think anything boggles my mind quite so much as the high price of shelter. I just don't understand what warrants it to be as high as it is.

>> No.26350873

overpopulation and land is a limited resource

>> No.26351037

>>26350785
Me too. Unlimited qe and zero interest rates for the sake of saving boomer's retirement assets caused this situation. I live in a small town in germany. People are paying now a lifetime's earning for a normal house. It's insane. Generally you're buying from a boomer who got it for 30% what you spend. At the same time we pay the debts now being accumulated to "save" the economy. In reality they are taking away our rightful opportunity to buy into a consolidated market. Also in case unemployment should hit, young people don't have the big problems than oldfags. They can adjust and learn. Is this the biggest scam in history so far?

>> No.26351080

>>26350873
This is not the reason for the exploding prices within the last decade.

>> No.26351150

>>26350785
>>26350873
Its not limited resourses you faggot. Overpopulation is a lie made by zog to justify their execution of mass amounts of civilians.
Its the fact no one can use land to its best possible use, if they did there would be lrofit to be made but the price of housing would go down.
Why do you think its so hard for a contractor to develop condos on a peice of land without neighbors fucking him over? Or the fact that certain neighborhoods only allow single family household on a peice of land?

Thats not even talking about the vast amount of land that the government seizes or owns. Land of the free my ass.

>> No.26351167

>>26350785

A lot of it is because westersern countries allow foreigners to buy property. I live in Wash state in the USA. We have locals that can't buy homes because Chinese and Indians are outbidding them and driving market prices up to ridiculous levels. Remove foreign buyers and homes would be cheaper and easier to acquire.

>> No.26351250

>>26350785
I unironically think people should only be allowed to own one house, manipulating the housing market for profit is unethical. I wish we could go back to the days where you could work hard and save a few years then buy your family a house. Only the middle class are homeowners now, only the very rich can buy a house in cash. It's a joke

>> No.26351267
File: 23 KB, 446x362, 1580260039655.jpg [View same] [iqdb] [saucenao] [google]
26351267

>>26351167
>I live in Wash state in the USA. We have locals that can't buy homes because Chinese and Indians are outbidding them and driving market prices up to ridiculous levels. Remove foreign buyers and homes would be cheaper and easier to acquire.
This is such an easy problem to fix, especially when foreigners start buying investment properties. Have the government tax them extra and direct those funds to help out American citizens, especially first time home buyers. Why are our politicians so ignorant?

>> No.26351283

>>26351167
This yeah, rich arabs and chinese own loads of the property in london

>> No.26351296

>>26350785
easy loans, imagine if binance gave everyone a loan to buy 10 bitcoins and repay it back over 40 years, and all they needed to get that loan was a job.

>> No.26351305

>>26350785
jews

>> No.26351368

>>26350873
Canada has basically nobody in it. But land here is expensive, and so is building the house

>> No.26351394

>>26351267
>Why are our politicians so ignorant?

Because the government is a business for them to extract from. Meanwhile you have romantic illusions about our government instilled in you to keep you complacent thinking any of those bozos at the Federal level will help you out.

>> No.26351414
File: 178 KB, 326x409, 1609189651123.png [View same] [iqdb] [saucenao] [google]
26351414

>>26351167
>(((capitalism)))

>> No.26351479

>real estate shill number 654 for today
The market must really suck. Fuck real estate. Keep your bags and die with them in poverty

>> No.26351503

>>26350873
You can stack houses.
Chinese seem to do it very well. Not ideal, no. But beats not having a shelter

>> No.26352413

You retarded zoomers don't even get the game that is played on you. Instead you see muh foreign buyers and jew conspiracies. Ffs take a look at the bigger picture.
Boomers are in political power positions, they're the majority of voters, they save their assets on your costs.
>>26351037

>> No.26352468
File: 109 KB, 621x581, B25B7CFB-91D0-48A3-862E-703C7CC800E2.png [View same] [iqdb] [saucenao] [google]
26352468

>>26352413

>> No.26352521

>>26351250
Idiotic communist approaches won't help if you don't get that zero fed rates and unlimited qe caused the situation. It was done to keep the economy and the related assets in stocks from a major correction.