DON'T COME TO MY COUNTRY
GO TO THE US INSTEAD
AHHHHHHHHHHHHHHHHHHHHHHH
NOOOOOOOOOOOOOOOOOOOOOOO!
Jack Perez
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Luke Ross
thank god. shit was getting downright stupid.
Jaxson Howard
Wouldn’t it be a shame if housing prices fell but nobody could buy them because for the same reason they are falling buyers can’t get financing? Lol.
Ian Brooks
Good. Fucking good. Now landlords need to get the fucking rope.
Parker Gomez
>falling buyers can’t get financing
not my problem.
my family got quite a bit of cash just waiting.
Isaac Howard
is that triangle cloud shopped in...looks weird
Jaxson Collins
That is why house prices fall. All you need to do to bring house prices down is control bank lending, you don't need to build more house prices. Once banks decide they won't lend for whatever reason, house prices start coming down.
Jeremiah Long
>looks weird
yea sometimes clouds look strange.
Henry Scott
NOOOOOO I WAS TOLD THE LINE WOULD GO UP FOREVER
WHAT DO YOU MEAN I CAN ONLY SELL MY HOUSE IF THERE ARE BUYERS WHO CAN AFFORD TO PAY MY INFLATED ASKING PRICE?
AAGGHH CENTRAL BANKS SAVE ME
Kevin Richardson
Yes yes, but there are also other problems associated with interest rates. Higher rates, less pensions, less capital gains, less investments etc etc. the rise in property values, is generally a feature, not a bug.
Landon Robinson
CRASH THE HOUSING MARKET
CRASH THE HOUSING MARKET
CRASH THE HOUSING MARKET
Hudson Flores
Good, lets drag landlords into the street and shoot them in the back of the head as well.
Connor Ross
Its crashing fast here
youtu.be
Joseph Gomez
>NOOOOOO I WAS TOLD THE LINE WOULD GO UP FOREVER
do people really?
This is good for everyone except the suckers who bought at the top of the market.
Logan Perry
High house prices are not economically neutral, they have massive implications for the cost of living, and therefore the cost of doing business, and international competitiveness.
Eli Brooks
Are you guys stupid or what ?
Liam Long
As long as you can cram more people into a flat, the economic costs are negligible to the massive affect it has on the financial markets and employment in general. A high housing value may deter people from seeking employment in a specific city, but the fact that it finances a huge market in FIRE industries outweigh that. Can’t afford the city? Either cram or scram, everybody is making money while real estate is hot.
Kevin Carter
What
Luke Watson
This is entirely because the world's central banks and governments massively overdid it on COVID stimulus. Tbf COVID should have been the end of capitalism and instead we recovered in ~12 months, but now we have to pay the price for that.
Easton Lee
>DON'T COME TO MY COUNTRY
>
>GO TO THE US INSTEAD
>
>AHHHHHHHHHHHHHHHHHHHHHHH
Parker White
Housing prices were already on the up and up before covid. Don’t blame covid for this.
Jace Carter
not at the same rate.
Especially in Florida, parts of Texas, Arizona, New Mexico, Southern California and Las Vegas.