[ 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: 14 KB, 220x218, A25F5039-1F86-4481-8AD9-EFEE8B31F3A8.gif [View same] [iqdb] [saucenao] [google]
57356797 No.57356797 [Reply] [Original]

Why did housing prices go from 3x avg annual income to 15x avg annual income?
Will we ever go back to normal?

>> No.57356884

people are too pussy to change job or ask for a big raise

> gets 3% payrise after a year
> goy is happy

Wtf

>> No.57356889
File: 47 KB, 456x712, 1705435896834515.jpg [View same] [iqdb] [saucenao] [google]
57356889

This is The New Normal.

>> No.57358148

Because the government printed money and devalued labor, and there was no violent rebellion. It's the biggest crime ever pulled in this cuntry and we tolerated it like the cucks we are.

>> No.57358162

could be worse, could be china. isn't it like 50x there? We'll get there eventually.

>> No.57358486

If you think it will get better you still don't get it.

>> No.57358503
File: 59 KB, 400x400, 1287934739779834.jpg [View same] [iqdb] [saucenao] [google]
57358503

Nope.

>> No.57358507

>>57356797
Yes but only for a few years
It will be like 08, there will be a 50% crash but the money printers will come to the rescue and housing prices will go up even more than before

>> No.57358517

>>57356797
Buckle up buckaroo, its just begun

https://www.youtube.com/watch?v=gf-B02K89fU

>> No.57359467

>>57356797
dont be so anti-semetic anon

>> No.57359475

>>57358507
>It will be like 08, there will be a 50% crash
Nope, you're priced out. The supply is too low.
>but the money printers will come to the rescue and housing prices will go up even more than before
Oh yea it will eventually, but you will be sidelined and rent forever.

>> No.57361232

>>57356797
wait for ww3, after that history will repeat itself

>> No.57361278

>>57356797
Could be solved with the stroke of a pen. Or a pillow. But millennials are inheriting some and boomers would be completely helpless if forced to liquidate so we will just carry on for another 15-20 years.

>> No.57361307

>>57356797
A: Money Supply, Open Borders, Rates.

>> No.57361405

>>57356797
>go back to normal
Anon, I...

>> No.57361468

>>57359475
>the supply is too low
The problem is blacks and minorities move in and destroy existing supply, even 100 year old homes could still be liveable if they are taken care of, maybe even better than current year homes being built. But half of this country has become ghettoized and even more will be in the future

>> No.57361820
File: 32 KB, 500x419, 1704988840512894.jpg [View same] [iqdb] [saucenao] [google]
57361820

>>57356797
Kek. Murica might be one of the worst places to live and work. The median wagie will never afford a house, lives paycheck to paycheck and has to take on debt

>muh 100k tech jerbs

Don't know what there's to be proud about anymore, just the 1% winning over there

>> No.57361838

>>57356884
Sweetie you didn't work hard enough the CEO needs a 200% raise he worked very hard he did 5 10 minute conference calls about diversity and hasn't been able to lower any children into boiling acid with a giant crane since Jeffrey was arrested

>> No.57362065

>>57361838
kek'd