If young people can’t afford a house, and high prices remain the same…?

this is correct you will be a rentnigger if you don't own in the next 5-10 years.

You don't. You change things instead.
The Law needs to change, and it also needs to apply to government. There are too many criminals and traitors in both parties.

The deal will be complete at that time. Booms sold everyone out.

>assuming owning a house gets you a girlfriend.
>assuming having a girlfriend is something desirable wen you own property.

user, how old are you?

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nothing. Population increase in this country has been fucking insane the last 20 years and it's finally starting to catch up with inventory. That's why the whole "downtown condo" thing has been happening the last 10 years all across the US. There have been hardly any single family homes under $500k being built in this country over the last 20+ years. Basically, if you want a single family home to escape living in a condo building housing hundreds of people and can't afford 500k then you're going to be fighting with a lot of people for single family housing that was built last century. The population growth is this country has pretty much made it so the boomer die off is a moot point

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I hope some of them live long enough to witness the horrors they have unleashed on their children.

I will become a squatter

22, I don’t assume owning a house gets you a gf. Because I already have one.

Midwit response.
Do some research into how many properties sit vacant under the control of investment firms.
Inventory was never a problem its a bullshit lie they feed to normies to make them feel better about signing their life away to usurers.
These cunts control lots of inventory that means they can manipulate prices and get retards to sign overinflated mortgages at their buddies banks.
Nobody is winning except you know who's.

As soon you get the house. She takes half. Play your cards right fren. We are walking ATMs for them. Simple as.

Let me introduce you to the wonderful world of reverse mortgages, the Boomers' final fuck you to future generations!
You see, prior to the Boomers, homeowners would bequeath their real estate to their forebears via inheritance.
Boomers decided it would be a much better idea to sell their home back to the bank that financed it aka a "reverse" mortgage.
Instead of making monthly mortgage payments to the bank, the bank makes monthly mortgage payments to the Boomer so they can have another fucking vacation to Spain!
When they finally fucking die, the bank takes title over the house and promptly sells it to investment firms like Blackrock as other anons have mentioned who turn it into a rental property because fuck you you'll own nothing and be happy!

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Ah yes, what indeed.
You are begining to notice. Here are some fun facts, boomers own the majority of the weath in the US, they are also start to enter their die off.
We are about to see one of, if not the greatest, transfer of wealth from one generation to the next in human history. Why do you think Biden hired all thoes IRS agents? Why do you think they are trying to tax captial gains or unrealized gains. When boomer parents transfer all of their weath to millennials the government is gonna come in and take the lions share of everything your parents worked for and leave you with scraps and say be greatful.

But fren, she’ll also be paying for it? It’ll be split down the middle. She puts in half, I put in half. Legally, we’re both entitled to half the house. That’s fair

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Listen to me. I have an actual degree from Northwestern in quantitative economics not a cynical zoomer degree in broccoli-headed pessimism. I also work in a field involving real estate trends and research for investors.
>housing inventory is up 156% since this time last year
>only going to increase
>stand off between "I know what I got" sellers and "that's all I qualified for" buyers
>as inventory soars sellers will be forced into larger and larger prices cuts to be competitive
>look for prices down 30% nationally and between 55 & 60% in some markets by Q2 2023
>as more 70+ boomers pass away, millions of homes will be put on the market
>properties off the market since the 70's
>if lending and the fed can keep up affordability can be achieved in this flood

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Hope of the hopeless is an immense cruelty. You aren't cruel, are you? No matter if you are, you will simply require further genetic reprogramming.

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Why do they not care about the security of their descendants? My nan is literally doing this, except in a different form. She’s releasing equity in her house in exchange for money, but I don’t think it’s through her bank.

...prices drop? If nobody buys them, they'll be forced to lower prices.

Why the FUCK are apartments in Ohio more expensive than in Chicago? I'm trying to get out of here back home to my roots and honestly its looking to be cheaper just to stay here.

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awesome i always wanted to own a 50-80 year old home that the kitchen was remodeled 5 years ago for $600k @ 9% interest.

its a steal, you only need to drop another $100k in repairs to live in it.

the government will take them and distribute them to refugees and the BIPOC community.

Because they're selfish fucks and they don't give a shit about anyone but themselves. If you have family like this it is advisable to cut off contact. These fucks deserve to rot alone for what they have done to us.

I’m leaving my house to the Catholic Church.

there are basically no single family homes under $500k being built in any major city in the united states. This is a huge problem. The US population has increased by over 50 million in the last 20 years and it's getting lower

youre totally wrong about this dude. i know it sounds good, but its not factual. look up how many sfh's have been and are currently being built by lennar, lgi homes, etc. you can even go to their websites and see the homes they have for sale in their various developments all over the country. the majority are under $500k.

>under $500k
Theres your keyword: under 500k.
They're still being built, they're just unaffordable for anyone making an average wage. Why are they so unaffordable? Because investment firms control the inventory and they can ask whatever the fuck they want because thats capitalism.

I’m smooth brained on these things, what do the feds have to do with it?

Get a refund for that degree because guess what? The rules changed back in '09 because the stock market must never be allowed to crash again!
"That's all I qualified for" aren't buying houses. They're making threads on Any Forums bitching about how they'll never own a home.
Private equity firms with a direct line to the Federal Reserve firehose spigot are buying houses for 30% over market because what the fuck else are they going to down with the OVER TWO GOD DAMN TRILLION DOLLARS IN EXCESS LIQUIDITY THAT GETS PARKED IN OVERNIGHT REVERSE REPO CONTACT EVERY GOD DAMN DAY.
I KNOW BECAUSE THEY CALL ME AT LEAST ONCE A WEEK.
Correction: it's up to $2.2 trillion but fuck it who cares?
How many fucking 4 bedroom family houses can you buy for $2.2 trillion? Assuming a mere quarter million per house, that works out to 8.8 million homes hoovered up by money printer go brr.
How does that fit into you fucking inventory, quant boy?
Hyperinflation isn't coming. It's here.

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It would not be possible without an overly powerful and corrupt government. That is not capitalism.

they are turned into rental units for non-White replacement migrants on publicly funded housing programs
like is happening already in every White country and only White countries

Feds control interest rates.
If shits getting fucked up they adjust interest rates but more often than not its a bandaid. You cant keep kicking the can down the road forever, if you know what I'm saying.

DA FED

Nigger what? You don't get it do you?
The corporations and the government are together. They are owned by the same people dummy. They pay to get their friends in and they do whatever benefits them. Why do you think failing corporations always get bailouts? Because the government is kind hearted?

There's plenty of people in the country making lots of money. There's plenty of non-wagies in this world who can afford these houses. That isn't going down either. There isn't going to be this giant crash that allows houses to be cheap anymore. That ship sailed about 5-10 years ago.