Y-you can't just take my house I bought this house fair and square for 10 grand in 1980 with my hard-earned...

>y-you can't just take my house I bought this house fair and square for 10 grand in 1980 with my hard-earned construction job, now you have to pay the honest market value of 600 thousa- OH GOD NO PLEASE DON'T KILL M-

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oftwominds.com/blog-photos/housing-bubble11-06.jpg
thinkrealty.com/generational-housing-bubble-forming/
libertynation.com/california-dream-has-become-an-overcrowded-nightmare/
latimes.com/politics/la-pol-sac-skelton-housing-policy-california-20190325-story.html
census.gov/construction/nrs/pdf/uspriceann.pdf
multpl.com/us-median-income/table/by-year
twitter.com/NSFWRedditImage

boomers gonna boom

boomers - a generation that focused solely on themslelves and their own confort and success at the cost of the rest of humanity

fuuuuck i hate to say to say it cuz they doomed my life, but that is based as fuck

A fairly well built small 2 bedroom house in Santa Clare (aka Silicon Valley) 1990 cost about $35k,

my friend’s grandparents owned 3 houses in the LA area, soon as his grandparents inherited them they sold them immediately. This was in the 90s when those houses were worth $100-$150k, those same houses are worth $900k today

in 1950 a house in a subdivision cost $7,350. Inflation-adjusted, that should come to about $77,000 today. In 2018, though, the average home cost over $450,000 national average.

My toronto friend bought their house in '89 and it was 21k, with an income of about 20k. So a little more than 2 times they're yearly income. Today the average house price where I live is between 800k, what's the median household income? About 65k. So that's like 12 times yearly income. Thats pretty striking.

kill old people now

In 1985, boss bought bought a house in LA for $50,000. His entry-level salary was $45k. 16%.

Historically, a house in any metro area in US cost 2X median income. That all changed in 2000, with the globalist Bush’s “NWO” mass migration scheme.

a friend had a house located in a bedroom community suburb in the San Francisco Bay Area metro area. The home was built in 1916 and has 914 square feet, no garage and a small lot.

It sold in 1996 for $135,000. This was a bit under neighborhood prices due to the lack of garage and small size, but nearby larger homes sold in the $145,000 to $160,000 range.

The house was sold in 2004 for $542,000, and again in 2008 for $575,000. It is currently valued at $720,000. The neighborhood average is $900,000.

FUCK IMMIGRATION

FUCK GLOBALISM

>fuck immigration

Then go back. If you don’t you really are part of the problem.

just personally, I have friends who bought homes in the S.F. Bay Area in 1996-97 for $145,000 to $165,000--perhaps 12-13 times annual rent or 120 times monthly rent. These homes were in a highly-sought after small city with excellent schools, and they shot up to $600,000 by 2006 and $3 million in 2018.

FUCK CHINA
FUCK IMMIGRATION
ERADICATE GLOBALISTS

oftwominds.com/blog-photos/housing-bubble11-06.jpg

my granddad bought a house on the beach in Torrance CA for $20,000 at the age of 21.
Why the fuck shouldn't I be able to do the same thing?

because the amount of space stays the same but the number of people who want it increase?

Extremely based.

Seething.

t. 5 condos all rented out to students or wh*Toid suckers working 9-5 at some office in vancouver. 3 condos in seattle and 8 in the bay area. all paid for by chinese money

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there is a lot of space the problem is commute times. china solved this problem with high speed rails. america insists on their shitboxes

Thankfully I'll inherit a house so I don't have to murder boomers

The chinese people is way smarter than the american people.
Can't really compare. It's not fair

>inherited my childhood home and 2 subdivisions from parents
>rent them out for near 30% of the local rate
>get angry letters from developers and landlords about bringing down property value with my working class tenants
>recently received a letter from Mr. Chang's lawyer suggesting I increase rent
>lower rent by 4% instead
>let my nice neighbour build a driveway that joins onto mine so he doesn't have to make sharp, blind turns every morning
>landlord next to me tries to do the same
>call the council and threaten legal action if he continues
>he's left with a sandpit and thousands of dollars in materials just sitting out the front making his whole property look like shit

fucking seething boomers

We must embrace our fundamental transformation by sharing multifamily housing with three generations of immigrants living under one roof and mariachi music blasting from the speakers on the roofs of the derelict cars in the front yard.

Better import a bunch of third worlders that won't complain about living with 30 other people in a single home so that housing bubble doesn't pop.

I legitimately saw an Ad where some Pajeet street shitter was trying to rent out four separate corners of his basement, partitioned with curtains. Of course he was also offering a sweet package deal where you could just rent all four "suites" for yourself

In the 90s you could buy a nice home in Melbourne for 80k. Nowadays no mortal can afford to buy a home cos it's 900k and up.

>what you can't just sell a house to a poor person in order to forever put them in your debt
>you can't sell mortgages based on people who are unable to pay, think of the economy!!

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>my friend’s grandparents owned 3 houses in the LA area, soon as his grandparents inherited them they sold them immediately. This was in the 90s when those houses were worth $100-$150k, those same houses are worth $900k today
this infuriates me beyond belief

the entire housing market is a fucking scam, in a healthy society most people would inherit their family home from their parents, but that means that the housing industry would die, and they absolutely can't let this happen, so we find ourselves in the current situation, it's not some accident that most young people rent instead of own.

seething. capitalism is too hard for wh*Ties these days. thats why china will win. yes i am chinese. no i will not leave.

this is bait

I'm going to be 30 in less than two years and I will never be able to own a home, tragic desu

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Yep, my city subdivision is at like 1.6 mil. It's fucking disgusting and I'm doing my part to bring down rent.

meanwhile you can get a cozy apartment in a central Germany city for 500 euro a month

After 2-3 generations, the children become westernized and lose their immigrant grit.

Really starting to understand why Mao did what he did.

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absolutely based

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Did boomers never learn about inflation in school or something? Why do they say shit like this?

No, it's just their natural boomer instinct to be born into a post-war boom life with a silver spoon in your mouth straight from the womb but have to spend your life pretending you had it oh so fucking hard.

Post ww2 the goverment basically gave everyone a free house, they didn't own it but they had the right to live in it until they died. Then Thatcher let everyone buy their council homes for super cheap and what was the first thing these fuckers did? 'No more council homes, I want what the government gave me to go up endlessly in value'

BASED

Landlords pack 20 people into a room who are used to overcrowding conditions back in their countries. This keeps rentals high, which keeps the housing bubble afloat. The population ponzi relies on an endless stream of immigration to prop up the housing bubble

they would rent it out for $1300 a month with a bunch of illegals packed I to the house splitting the rent, thereby jacking the cost of living for the average American citizen.

90% of housing transactions is done by foreigners from asia/latinamerica (non-REIT)
White people arent buying in LA, SF, NYC or any other major cities
All these places are majority shitskin and the shitskins (Lopez, Chang, Poojeet, Pootel, Abdul, Goldberg, Mizrahis...) account for 90% of all purchases

Dont buy houses when they are high pretty simple let them crash

>muh foreigners
You faggots are crying over a fraction of the real estate market.

Attached: real estate foreign.png (1000x1693, 1.22M)

shut the fuck up about race already you obsessed mentally ill freak

Boomers took that option off the table with immigration.


With all those empty houses we should be able to house more poor illegals in america.

whats creating the housing bubble is:
1) chink money laundering. mexican drug money laundering
2) Private Equity firms (Fed-cronies) buying millions of houses from Feds crash-n-cash ponzi scheme
3) packing 50 poojeeets/pablos into a room and collecting rent
4) Neoliberal policies of low interest rates and mass migration


I also know that those families who are packing 20 people into a house bought with five mortgages are working for cash under the table.

we imported 3rd world economics + 3rd world lifestyle

spics/poos can afford any house if they live 20 working spics per house. Indians already do that. Indians also buy up trucking industries and drive 4 Indians per truck non-stop. That's why the trucking industry is turning Indian and Arab.

>chink money laundering
true
>mexican drug money laundering
i dont know enough about this but it seems exaggerated
>Private Equity firms (Fed-cronies) buying millions of houses from Feds crash-n-cash ponzi scheme
again don't know enough but i wouldn't be surprised if it were true
>packing 50 poojeeets/pablos into a room and collecting rent
not as common as you think and no, anecdotes do not count
>Neoliberal policies of low interest rates
true
>mass migration
not really, no. the 1965 act made it harder for unskilled immigrants to come here, not easier.

>Yes goyim, the millenials are the problem. They arent buying our hyperinflated houses. We need 20 million more poos, spics, and chinks to do the job millenials wont.

According to Fannie Mae’s report, as baby boomers exit their owner-occupied homes there could be a glut of new homes and steep decline in price-- returning to historic, pre-globalization levels.

Government Solutions to prevent a return to home affordability includes Mass Immigration, which spurred the dramatic price surge in housing booms 1 and 2.

Adjust immigration policy to create more potential homeowners, to keep hyperinflated prices afloat.
Advocates for this tactic suggest that creating more legal households would increase the number of potential owner-occupants in the market.

thinkrealty.com/generational-housing-bubble-forming/


For every one boomer that dies 3000 immigrants enter the housing market, with half the Mexican, Poojeet, Chink, Yiddish ones already popping out kids.

The boomers are dying, housing costs should be plumetting but its not. You know why?

IMMIGRATION.

You have no birthright, you are a slave to the landlords who flood you with competition to fight.

Its about keeping the mouse on the wheel.

>le joos
cringe
>the millenials are the problem
i never said this, i hate boomers and i thank god for making sure that none of my family members are boomers
>le epic "humans vs orcs" immigration strawman
into the trash it goes

boomers aren't dying retard, they're only just now retiring and still make up the largest population generation wise in this country

Bush conspired with Greenspan to import millions of illegals and poos to prop up a housing bubble, after the collapse of Greenspan's tech ponzi bubble.

the Bush administration’s trafficked millions of Hispanics and told the goyim that beaners were “natural Republicans” and that the best way to get them into the fold was to give them a stake in the “ownership society” through various housing subsidies. Hispanics’ increasing numbers in the so-called “sand states” had a lot to do with the bubble’s disproportionate influence in those regions, and these subprime borrowers’ low levels of human capital and earnings eventually led to the music stopping as payments were unmade and new borrowers could not materialize to prop up the inflated housing prices. I mean, throughout the boom, no one said, “Does it make sense a sheetrocker from Chiapas making $11/hour can afford a $400K McMansion in Anaheim?”

This is what may be called an “overdetermined” event. In other words, without large levels of Hispanic immigration and Bush’s obsession with cultivating beaner political support, the bubble would not have happened.

The relationship of the demented immigration policy of the post-1986 amnesty years must not be allowed to disappear into the memory hole — as, of course, both parties would like it to. They will try to twirl the “bubble” into a case of bad economics, if not an act of God like an earthquake.

The massive wave of foreigners was disproportionately pouring into the “sand states”, such as California, Nevada, Arizona, Texas, and Florida. Those areas were the epicenter of the housing crash.

don't forget our unprecedented wave of immigration-- alteast 130 million since 1998. That accounted for more than a 90% of our household formation in the past 2 decades and explains the fact that 60 percent of new homeowners during the same period were minorities.

just buy a house in the middle of nowhere or dont move out.

>White people arent buying in LA, SF, NYC or any other major cities
I always wonder this when I go into LA considering the cost, how are those beaners affording to live there?

The core problem is globalists who import millions of foreigners to hyperinflate housing.

>1998 L.A. house ~$150k.....most Americans can afford that even with a minimum wage job.
>2004 L.A. house ~$600k...most Americans cannot afford that.

Know who can though? illegals/mexicans. Why? Cause they literally have 4-6 FAMILIES per house.

>John Smith, his wife, and 2.5 kids can't afford $800k house
>Paco, Rodrigo, Francisco, Pablo, and Pedro and their wives/kids they put to work can though....shit raise it to $1.2mil, they can still afford it!

That's the core problem, groups of spic families are buying single homes that were designed for a single family, that single families can no longer afford because spic families are driving them out of the area.

>sell house for $200k to John Smith
>sell house for $800k to Paco Fernandez
gee, tough choice
>John Smith must just not work as hard as Paco!

>Know who can though? illegals/mexicans. Why? Cause they literally have 4-6 FAMILIES per house.

You literally never leave your home do you? This logic is absurd.

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Not quite so, the West is transitioning towards a globalized housing system, to reach the state of housing in BRICS (Brazil, India, and China). This is the basis of creating and keeping housing bubbles.

Contrary to what us naive folks might assume, the really stupendous profits aren't made in luxury buildings--they're generated by tightly packed slums. Here's how it works. Let's say a middle-class flat of 600 square feet (7.5 square meters) goes for $1 per square foot. The slum's equivalent 600 sq. ft. has been cut up into numerous cubbyhole rooms, each housing many people who each pay a relatively high fee for the miserable lodging. The rent per square foot in the slum is thus $5/sq. ft.

According to Davis (and this book is heavily, even obsessively footnoted/sourced), densities in Third World slums are astronomical--18,000 residents per acre is not uncommon. That's four modest-sized 10,000 sq. ft. residential lots in the U.S. suburbs--4 houses that might house 8 people, total, not 18,000.

So slums are immensely profitable--much more profitable than permanent "middle-class" housing. And will you be surprised to learn that most of the property in these mega-city slums is concentrated in a few hands?

The net result of this great urban overcrowding/high-rents/profitability is indeed pernicious.

The Western housing market is in the process of slumification by importing the slum dwellers of the turd world

>in a healthy society most people would inherit their family home from their parents
A society with a one-child policy?

Housing is expensive BECAUSE of the foreigners (increased by over 100 million within a few decades). Deport all the foreigners in California and suddenly 20 million apartments/houses will open up and rent will go down.

sublet apartments or houses and cram 10 people into a 2 bedroom apartment.
mexicans and indians are used to living in squalor so they don't mind packing a house or apartment with 10 or more people. since theres millions of them they scooped up most of the available housing so normal families got priced out. I lived in thousand oaks once in a $1500/month studio apartment and I was the only white guy there besides the landlord. It might as well have been mexico.

My aunt was in the Marines for 20 years and bought property wherever she lived. She has a few homes in San Diego. One time a tenant was extremely late on rent and my aunt couldn’t get a hold of them. She had a property management company visit the house because she lives in Texas. 14 people were living in a 3 bedroom 2 bath home and not one was the original tenant. The original tenant was renting out the place to Mexicans and price gouging them. Unlike my aunt, the tenant wasn’t running their credit or criminal history so they were okay with the price. All Mexicans of course.

Come on guy. We both know beaners can’t afford nice houses that expensive.

It’s chinks and pajeets/persians that are buying up all the houses at those prices. Not wetbacks

doing gods work bruddah

Every time you see a milennial or zoomer complain about their low salary or high price of housing, ask them if the situation would be better without 60 million immigrants and their descendants.

This is a good argument because the law of supply and demand has been drilled into them their entire lives (since neoliberal economics is a national religion).

Whenever I see the kids complain about this shit it’s always in the context of demanding the government do more, and when they virtue signal about immigrants it’s always in terms of some vague globohomo shit about “who we are”, they never connected the two and never thought that this shit has real impacts in their lives. It’s time to start making that connection for them.

What an irrelevant reply to me.

cali is 70% spic. they own most of the homes in cali

You mean there are 30 million illegal assholes here driving up home prices, and millions more Chinese assholes using their stolen loot to buy everything else?

Heaven forbid a single working father of a family might be able to afford a home. Those poor oppressed boomers who's houses are worth 5% less must be devastated.

The "Golden Horde" sells their overpriced homes and then moves to Washington, Oregon, Arizona, Colorado, Utah, Nevada, Idaho, and Montana driving up the prices there to insane levels. They are like fucking locusts bringing the "kiekocracy" with them.

Illegal Immigration to keep housing prices inflated

the problem consists of one thing! Immigration

When I came to this area about 60 years ago there were 4 houses for sale in the newspaper. And since 1990s California had an influx of migrants, legal or not, and the demand for home increased dramatically as houses were needed for those incoming residents. State wide the demand for house rose, the demand for construction materials increased, the wage rose, forcing prices higher for new construction, demand increase for first level homes increased, prices rises allowed sellers of those homes more cash or credit to move to the next level of home, forcing prices higher for existing homes. Politicians reacting to make more money available for low income buyers, drives prices higher for everyone. until it stops!
When?
When the population stops increasing!

Who would want to live in Cali?

It was wonderful when California's population was only 12 million in the 1950s and 22 million in the 1970s. But now we’re at 55 million and headed to 80 million by 2050

California's immigration policies destroyed the state.
The quality of life in the former paradise known as the state of California continues to decline precipitously.

Overpopulation, thru immigration, reduced California's living standards to third world levels in India.

libertynation.com/california-dream-has-become-an-overcrowded-nightmare/
latimes.com/politics/la-pol-sac-skelton-housing-policy-california-20190325-story.html

This is how wetbacks live

I live in a Hispanic occupied neighborhood in Roanoke, VA. Every house and every apartment is occupied by multiple families. I drive down one street and every house has at least 3-5 vehicles parked in the drive way, in the yard and on the street. It takes not one, but 3 school buses to load and unload all the little Hispanics for >elementary< school near an 96+ unit apartment complex.

They are taking over folks.

Drive around a formerly blue-collar city suburb like Milpitas, CA, and you will see four or five cars per household parked on the street.

Anyone who has lived in San Francisco can tell you how gross this is. Every beautiful, stately victorian home that was originally built to house a single family, has been chopped up into 4, 8, or even 16 tiny overpriced apartments, cramming people on top of each other and totally eliminating street parking. It is such a terrible and inhuman way to live, and it breeds resentment and despair, especially since you have a constant reminder of how low quality of life has fallen compared to those who lived in these same victorians in the early 1900s on a single blue collar income.

Call ICE on them then. They’re obviously all illegals

from January 2000 to July 2006, starting with Bush NWO leader's Housing Bubble, home prices surged 900%

Avg price of house around 1998 before globalisation and free-trade went full swing
>$180k in NYC (boros)
>$150k in Bay Area
>$150k in LA
>$120k in DC
>$140k in Sydney
>$120k in Melbourne
>$140k in Toronto
>$190k in Vancouver
>£70k in London


Avg price of house after 2004 massive free-trade/open-borders
>$800k in NYC (boros)
>$1m in Bay Area
>$600k in LA
>$500k in DC
>$900k in Sydney
>$700k in Melbourne
>$600k in Toronto
>$1m in Vancouver
>£400k in London
---------------------------------------------------------
before free trade:
>domestic production of goods
>goods were affordable and of high quality
>lowest cost of living
>affordable housing (house costs only 2 times the annual salary)
>90% white

after free trade:
>homeless/opiod/suicide epidemic/white genocide
>unemployment
>highest cost of living
>unaffordable housing (10-20 times the annual salary)
>plummeting life expectance
>shit quality products that kill you
>millions of illegal shitskin locusts invading and killing whites

Chinks/Poos/Israelis/Spics are a big reason why RE values in Cali have gotten so bubbly too. Traffic is right back to the insane levels seen during the last bubble peak. Everywhere I look I see expensive houses and Chinks/Poos driving badly.

deport legal and illegal immigration and stop laundered cash pouring into the country and it’ll decrease the amount of inflation of our assets without the corresponding increase in our paychecks. I’m tired of getting priced out of everything at this point.

Yeah, one of the houses on my street has like 6 or 7 cars that belong to it because 15 people live there

Plenty of local goyim still insisting that foreign investors, much less the Chinese/Indians specifically, were never a factor in the local housing market.

/notices that over 90% of the kids at the corner bus stop are Chinese, Spics and Poos…

It's almost as if property values are in a massive bubble thanks to loose lending policies and [spoiler:lit]immigration[/spoiler:lit]

the cities with rapidly escalating housing prices post-2000 all correlate with huge influxes of immigration. THAT is what has driven housing prices in those areas to crazy levels. It's obvious and the jewmedia refuses to acknowledge it.

all forms of immigration are vastly beyond the official numbers and impact housing.

the fundamental problem is actually illegal/mass immigration. we've failed to deliver adequate housing supply for 20 years because the huge influx of tens of millions of foreigners was done under the table. kick them out and watch housing costs relax due to demand adjustment.


We need to show our strength and forcefully take our country back..otherwise you will all end up homeless and ODing on chink fent

What globalist neoliberal neocohens are doing is trafficking 3rd worlders and lending foreigners more money, backed by the White taxpayer, to push up house prices even more, and once the prices collapse, they steal millions of houses for free-- look up HedgeFunds/Private Equity firms doing this

Housing is one of the reasons (((they))) keep pushing immigration. So the ponzi keeps growing. So banksters keep getting paid and steal houses after he crash. Its sick and fucked up.

If you had no immigration, there could be no housing crisis. In fact, eventually, families would come to own a couple houses and would just circulate these homes through their generations. Inheriting a house means young people would being saving 40-60% of their income. Which would allow them to invest in their families and communities.

Eery fucking time the neoliberal goyim moans about housing shortage they always fail to mention that we are inviting about 30 million people per decade to come and live here - of course there's a fucking housing shortage.

the left continues to complain about falling wages but demands the importation of unregulated masses of illegal unskilled workers whose only economic effect is to depress wages.

Open borders or affordable housing - your choice

immigration is the cause of all these fucking problems and every solution we come up with is fucking useless because the population just keeps growing.

We need to kick all the shitskins out

Illegal Immigrants as Homeowners in US

A story in LA Times looks at loan products that are making home ownership possible for illegal immigrants:

Across the country, particularly in Texas and parts of the Midwest, hundreds of illegal immigrants have bought homes using special lending programs that bypass the need for a Social Security number. Now, with backing from some of the country's largest financial institutions, this newest effort to tap customers for the real estate market is moving to the nation's largest concentration of illegal immigrants — California.

Fuck capitalism

Good goyim, keep importing "migrants" to deplete your housing stock and artificially create a housing bubble, so boomers can sell theirs for top money. Also, your taxes stay high to fund the council-housed. You'll never have enough to afford your own house, while Poojeta Lopez Wang relaxes in her 13 bedroom mansion.

Whose dumb idea was it to allow an influx of foreign investor money drive residential real estate prices up to levels that the country’s citizens couldn’t afford? Someone high up in government must be suckin asian cock.

When people cautioned the amount of $ speculation money coming in to Vancover and then Toronto, some politicians and REIC leaders called the complaints racially motiviated. You apparently were not allowed to do math analysis – if the results seemed to indicte an issue.

Oh sweetie that property is for Mr. and Mrs. Chang. I brought your new micro-apartment neighbors by to say hello. user this is DeShawn and Imani and their three kids Precious, Paco, Poojeet, Pangwang DeAndre, and Tyrone. Don't forget your $2,000/month rent is due next Tuesday!

>3 kids
>lists 5

>Whose dumb idea was it to allow an influx of foreign investor money drive residential real estate prices up to levels that the country’s citizens couldn’t afford?
The Austrian school of Economics

the biggest driver of housing prices has been “hot” money from Asia. globalists obviously looked the other way while this happened. Vancouver is what happens when foreign corruption is permitted to run totally amuck! This has hurt ordinary working goyim big time!

Chinks fucked up Vancouver and Toronto making the price of living their expensive and locals broke or homeless. I'm in Boston and Chinks are annoying and spit everywhere.

Between dealing with our housing prices and food prices, I'm just glad all my Chinese neighbours have taught me how to properly cook stray dogs. They're not so bad once you've boiled all the fur off.

The Debt Shift and Demographic Replacement Theory says the removal of immigration laws and removal of central bank credit guidance policies in the 1980s and 1990s led to a large shift in lending foreign newcomers money toward pre-existing assets which lead to a large shift in debt toward real estate and financial asset purchases. The shift in debt had impacts on real estate and financial asset prices, price instability, expenditures on goods and services, labor productivity, immigration, demographic replacement, wage growth, income inequality and was the root cause of the Great Financial Crisis.


the globalists sent White industries to Asia and replaced the real economy with a financialised ponzi scheme dependant on endless immigration to prop up the pyramid scam.

In the globalist financialised economy, homes are now treated as a speculative asset, and propped up by packing an endless flood of immigrants into rooms, rather than simply as places to live for White families.

In an era of low business profitability for White countries who offshored everything to Asia, housing is often the easiest and safest bet for globalists looking to expand their wealth, as property prices seem almost guaranteed to rise at a higher pace than interest rates, which have remained historically low throughout the past decade.

Correspondingly, banks love lending money against houses. Both in the decades leading up to and following the crash, around half of bank lending flowed into property.

Ultimately, houses are worth however much banks are willing to lend. Banks, which create new money simply by lending, are essentially unconstrained in the amount of money and shitskins they can conjure to bid up property prices.

that will neveeeeeer eveeeeeer happen. most of us are now 2nd and 3rd generation and american citizens by birthright. the best you can probably do is just form isolated communities in the midwest or something. the southwest is practically ours anyways.

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globalists are reliant on ever-rising house prices, otherwise they risk the collapse of their immigation ponzi scheme.

globalists sent all our industries to Asia and destroyed our domestic economies.

In the absence of the formerly domestic industries, this housing bubble is driving the economy. To prevent it bursting, politicians create artificial scarcity by importing millions of foreigners to pack into houses like sardines. This means the government flooding us with poojeets, chinks, spics and banksters hoarding housing stock

globalists love the dominant housing shortage story as it means government will often let them build developments, in the misguided hope that simply building more homes – any homes – will ease the crisis.

The “shortage” rhetoric also lets the globalists off the hook, instead allowing globalists to reiterate the toxic “We need to build More houses to house all the foreigners flooding in”, while creating a homeless epidemic and blaming populists instead of globalists.

So if we want to combat the housing crisis, what story should we tell? The common sense maxim that no one should immigrate to our countries and no one should own more than one home until everyone owns a home would be a good place to start.

Guys our economy is completely hollow. It's based on artificially inflating asset prices, like housing so that boomers have 'wealth' they can use to keep consuming. This is why there is a housing bubble because of DELIBERATE economic policy to allow boomers to consume when they did NOTHING.

While our economy is based on this we do not increase real productivity at all, in fact because there have been good returns on investment into SHIT like housing or construction that has pulled it away from actually productive sectors.

Education has been destroyed and is a way to rip off vile sexual degenerates via student loans and to get even more shitskins to effectively pay for citizenship.

China keeps printing money to reduce the value of their currency, then buy up assets in other countries, like our housing, farms and public goods. Neither party is stopping them from doing this.

It's crashing next year probably. All of this was intentional, our government knew exactly what it was doing and the same thing has happened in the US, UK and Canada.

Honestly I'm hoping for lawlessness so I can take all my rage out on boomers/homosexuals/shitskins/jews/bankers/politicians etc. there are many scores which need to be settled. Yes I've read Siege.

Ese, war is good for the economy... join the cartel... it's guano be fun

It takes a very big brained IQ to blame traffic and housing prices on poor immigrants and not on landlords or real estate speculators.

it takes a goblina to ignore the population influx of 100 million shitskins in the past to decades burdening the US and causing immense scarcity in resources and socioeconomic pressure

Jesus Christ, these poos, spics and chinks have got to go.
US population has gone up from ~220 million to ~350 million in the last 20 years, but the amount of land hasn't increased at all. It's going to get worse, not better.
the fags and immigrants who cram NYC, Cali etc.. have to go

The price of housing these days is absolutely insane.

WERE FUCKING FULL.

If an illiterate immigrant that doesn't speak english and whose only work experience back home was as a peasant farmer takes your job, the blame is on you for being so incompetent at your job.

If you can't afford a house despite being born and raised in the first world, in the richest country in the world, you and your parents were very incompetent.
These are all policies you voted and asked for. America is a free country that decided to get rid of all regulations in the name of business.

reminder that the people whining about rent costs are the same retards who support mass immigration and the resulting overpopulation and skyrocketing real estate prices

these same retards want strict rent controls too which makes new developments less economically feasible and creates a stricter have and have-not system trending towards multi-generational payment plans for home ownership

their economic illiteracy is turning our nations into banking serfdoms all while they LARP about being woke freedom fighters from their iPhones

They litterally replaced half the population with foreigners since the 1990’s user.

NYC/LA is 95% foreigner (invaders) and they buy all the houses. avg house costs $1mill now, same house was $100k in 1999. fuck globalism

Americans are not buying these houses. Ever since 2003, it's been Spics, Chinks, and Poos buying up our houses and hyperinflating prices, creating unaffordability, housing bubbles, and a homeless epidemic of Whites.

immigration is the centerpiece of globalization. They print cheap heicopter money (debt/bailouts paid by tax payers) and give the money away to globalist institutions who push to flood White countries with invaders and freely lend the welfare money to the invaders.

Our cities become 95% foreign invaders who take all our housing and totally unaffordable.

Whites get replaced (genocided) and the globalists profit.

>1% gets all of the economic growth and owns half of the resources in America
>ITS THE FUCKING POOR IMMIGRANTS THO
Cringe. Spoken like a true cuck. Keep licking the boots of the white elite, I'm sure they have the same interests as you because they share your race.

Attached: americanwealthdistribution.png (250x221, 42K)

beaners, poos, chinks and assorted shitskins throw 18+ people from 5 different families to cover the cost of a home that should only have 4-5 people living in it.
It why areas like Fairfield and Vacaville in northern cal have cars park in every inch of the road on residential streets. Being 10+ people in a home end up having 5-6 cars. The only way to escape it is move to an even higher home value area where they can't pull it off, but little to no average family starting out can do that.
Like a nice white family with two little kids bought a home up the street a few months ago but it was 525k.

spics/poos can afford any house if they live 20 working spics per house. Indians already do that. Indians also buy up trucking industries and drive 4 Indians per truck non-stop. That's why the trucking industry is turning Indian and Arab.

don't forget our unprecedented wave of immigration-- alteast 130 million since 1998. That accounted for more than a 90% of our household formation in the past 2 decades and explains the fact that 60 percent of new homeowners during the same period were minorities.


Global CONSUMPTION of real estate.” Isn’t it just grand what central bankers have done? Imagine living your little old life toiling away at your job, hoping to one day be able to purchase some shelter and start a family, when instead money launderers, fraudsters and speculators descend upon your town and bid up the price of everything to more than 10x your annual income where you have absolutely no prayer of ever buying it. What a fvcked up world we live in

Blaming housing prices on "Overpopulation" is such a big meme. If there was a political will for it, tomorrow you'd start constructing loads of dense affordable housing all over american cities, alongside the transport infrastructure to go with it, and you could house twice the american population of today without major issues. But landlords, real estate speculators and specially parasitic Boomers would hate it because "muh housing investments".

Keep blaming powerless immigrants though. I'm sure once you kick them all out through mass genocide, landlords will lower the rent.

Californian here. There are too many fuckers out here and deportation is needed promptly. Dems are too soft to admit all their housing, homelessness, and crime troubles are the direct results of spics mass migrating illegally into the border.

That's on you for:
1. Not demanding your legislators and lawmakers to build more housing.
2. Not being resourceful enough to compete in the free market.

Why should we support increased development? To give our land and build homes for Zhang and Pajeet? If we enforce zero immigration, first home buyers would have plenty of supply as the older citizens downsize and move to nursing homes. Construction would mostly be renovating existing stock and independent and assisted elderly living and not building 20 story chicken cages in every suburbs.

The Greens are 100% correct to have a NIMBY attitude, it’s a shame they don’t want massive development in their backyard but are ok with having Zhang, Pajeet and Ali living all around them in a 40sqm apartment

over the past few decades US received an influx of 100 million beaners/poos/changs/nogs. This IS UNTENABLE and is the cause of ALL CRISES, RECESSIONS and TURMOILS in our NATION.


ITT: butthurt globalist construction company shills holding US for ransom by demanding goys give them shekels to house 150 million invaders in order to fix the open border issue they started

>americans would rather blame people for existing than build more housing
Damn really makes you think.

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see US also had a much lower cost of living and much higher quality of life before free trade/NAFTA/China/open borders.

Bay Area, Seattle, LA, San Diego, NYC, Boston used to all be working class blue collar white cities. The houses in these cities were priced at 2X the average annual salary.

It took a blue collar worker only 2 years income to afford a house in cities that are now out of reach for even white collar earning 6 figures.

Also, products were much cheaper and of higher quality before free trade.

china/open borders/Free trade raped the west

the decoupling of housing and wages (always @ 2X median income) started in 2000

People have to remember this housing crunch started when china entered trade in 2000 and Bush flooded us with open border foreigners and made it easier for foreigners to buy property and at the same time they started letting boat people loose in the community

free trade is the most sacred cow, so libertarians intentionally ignore this fact and instead overhype fraction reserve banking as the cause of housing hyperinflation, which only started in 2000 and not before the entrance of China into WTO

>Imagine living your little old life toiling away at your job, hoping to one day be able to purchase some shelter and start a family, when instead money launderers, fraudsters and speculators descend upon your town and bid up the price of everything to more than 10x your annual income where you have absolutely no prayer of ever buying it. What a fvcked up world we live in
How is any of this the fault of immigrants that can't even vote or afford to rent a room lol, do you think the real estate speculators will take pity on you one you kick out the immigrants?

Boomers will NEVER, ever undersell their houses. They think of it as an investment and expect to sell it at 20x the price they got it for.

Even if you start the gas chambers for everyone with a hispanic last name the housing situation won't get better. Trust me on this.

see if chinks/poos/spics wouldnt have bred uncontrollably like rats, we wouldnt have this problem. your failure to live like humans and create human societies is now a burden upon the White race as we get replaced by the infinite swarm of locusts from Asia

see >before 2000, no housing problem
>globalists push for "housing for everyone", ez loans and low interest rates
>import millions of locusts from asia/mexico
>hyperinflated housing bubble happens
>housing now a problem
>homeless epidemic
>millions of native homeless die from opioid epidemic


it seems like the globalists preemptively planned and pushed for "housing for everyone" in advance of open borders.
it was a stealth plan to house every locust invader while millions of natives go homeless
there was never a housing problem in the US before their NWO globalism

I would just like to mention how an identical thing happened in UK, which I'm sure is a pure coincidence, except instead of Asians/Mexicans we got sandpeople and niggers.

before you insects invade a foreign nation and demand they build you homes, maybe you should first stay at your home and demand your country to build for you?

US is not obligated to build and give anything to you locust invaders


Refresher time

US Before the shitskin invasion (demanding Whites to build and give them everything):
1970- MEDIAN NEW price, $23k
census.gov/construction/nrs/pdf/uspriceann.pdf

1970- MEDIAN HH income, 9k
multpl.com/us-median-income/table/by-year

The long term historic price of a NEW house 2.5x annual income. Clearly, a used house is worth far less than a new house. The long term historic price of a USED house is