Euro housing market
What do you think about it? Aren't interest rates super low? I'm debating whether to buy in France
Euro housing market
Ryder Brown
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Cooper Hughes
aren't prices over-inflated?
Jackson Gonzalez
I don't know.
On one hand lower interest rates might have inflated prices
On another hand it's interest rates aren't gonna increase any time soon and as people move to big cities it's only gonna get more expensive
Jason Sanchez
whoever made that graph should be taken out and shot
It makes no sense to display this as area graphs when the curves aren't cumulative with each other.
Nathan Adams
I would rather buy a house and a car outside big city than only a small apartment inside for the same price. But yeah, probably prices are here to stay.
Jason Hill
I have the money for a 20% deposit on a heap home but am absolutely clueless when it comes to buying a house, I want to rent one out whilst I live at home and eventually see if I can make money that way.
>21 yr old britbong
Isaiah Davis
frog here, i assume you're a foreigner else you'd have to be a zoomzoom to even think of buying in france. i encourage you to come visit, rent a car and drive through Ile-de-France, specifically Essonne and Seine-Saint-Denis. then decide if you think your planned investment will pay out 20 years down the line
David Hughes
I'm from Belgium and in real estate
I can see no crash coming even tho the the market is somewhat over evaluated as long we don't get a financial crisis
last crisis really fucked the lower middle class ability to buy and I feel like the rest of the middle class will not be able to survive an other crisis
most of what we see buying now are upper middle class and higher, buying mostly to rent
but the thing is, the market is full of over evaluated old houses, of which the buy prices + work to make them up to modern code is higher than the resale price
so basically it's a bad investment but peoples still buy them because they have low interest rate and they easily find peoples to rent all that could fly out the window with an other crisis
so I would not short it but I would not long it either
Jose Williams
>I would rather buy a house and a car outside big city than only a small apartment inside for the same price
I think it would be a bad ('financial) decision in France at least
Fuel and fuel taxes are only gonna get more expensive and people living away from the city spend a lot in transport costs.
That and rural housing is the only market that has decreased in price.
The yellow jacket movement was literally about that. Boomers who bought away from the cities and see their budget get squeezed by fuel taxes while their home loses value
Levi Perez
Fellow belgian here, there’s no crash coming here, just like in the Netherlands because of the lack of space, the betonstop and our building mentality. Housing is a good investment in belgium
Evan Campbell
>Housing is a good investment in Belgium
until it's not
I recently sold a terraced house to a 50+ couple for 140k they now have to spend +80k to make it up to code
full interior remodel, than house will never be worth 220k, but because they will make money renting it they don't care
I would not consider this a good investment desu
Easton Ross
I'm French, from Lille. The market here is not that expensive yet in close cities even though there are some pretty shitty areas I think it's getting slowly gentrified
Thanks for the insight. I'm mostly looking to buy for myself at least in short term. Renter protection laws are ridiculous
Gavin Jenkins
Euhm but they are.
I'm convinced main factor is the migrants.
Without 50000 mahmouds and diyabs the government would have no reason to buy up houses for them, pushing down on the supply for ethnic belgians.
You are profiting on white genocide.
Get a new job or kys.
Dylan Smith
check you this youtube channel:
youtube.com
this is some 2007 stuff
Cameron Sanchez
It will crash when the mentality towards migration changes.
Jason Diaz
Ever increasing population, lack of space, lage rentens, betonstop, i don’t see this market crashing. Atleast i hope not because i put all my money in it :)
Ryan Cook
How is lille? Am contemplating moving there
Heard its an arab town.
Jeremiah Jones
Please take your political stuff to the appropriate board. Yes there are a lot of arabs around Lille (especially Lille-Sud, Roubaix, Tourcoing) but I believe it's slowly gentrifying
Jordan Wood
> I'm convinced main factor is the migrants.
>Without 50000 mahmouds and diyabs the government would have no reason to buy up houses for them, pushing down on the supply for ethnic belgians.
>You are profiting on white genocide.
>Get a new job or kys.
going to give you a hint
lots of Moroccan here don't have to money to buy houses but they can ask for zero interest rate from Morocco to buy houses
some cities are completely lost to them because they get free money to expand and the fucking boomer don't care selling to them
most of the peoples living in welfare houses are actually ethnic Belgian because they get no free loan
and yes this is a disgusting business and I'm planing to gtfo of this country as soon as I can afford to move to the US
Xavier Brown
Why do belgians always complain, it’s really not that bad here you know
Nathan Murphy
Migration is the most important factor in the housing market, Ahmed.
But I see I stepped on your toes.
Matthew Myers
I work in the Verviers area you tell me it's not so bad
google.com
Jason Long
30 years ago this street was full of Belgian owned shops
now not a single one is own by a Belgian
Ayden Johnson
Fucking kek ok thats shit. Im from Lier
Xavier Clark
Housing market is crashing in Australia because of tighter lending standards.
Less bank credit for buying houses = lower prices.
Sure immigration and dirty chink money add fuel to the fire, but its bank credit that creates asset bubbles.
If your banks are just gonna keep on lending, and people are just gonna keep on borrowing, then houses can just keep rising to 13+ times average annual income
Austin Evans
>be 26
>live in eastern europe
>living with parents
>have saved enough for deposit
>new 90 square metters cottage house just outside the main city costs 90 000€
Should i buy it? I cant really live with my folks anymore its getting too annoying.
My only options are buy my own or rent and invest rest.
James Taylor
If anything in France, immigrants mostly rent.
Actually the poor ones indirectly make boomers fat by renting and giving them their social welfare in form of monthly rent.
Brody Baker
>Lunapark Istamboul
How much to buy the house across the street and open Lunapark Constantinopel?
Austin Brooks
>Housing market is crashing in Australia
God I wish that was me. What happened ? Higher interest rates ?
Colton Green
Rent buy
Doesnt matter.
They take up living space.
Sure living space can get expanded but due to building restrictions at a slow pace.
So high demand for living space, restricted supply of living space. What happens?
>it's not hard user
Nolan Perry
Countries would go broke if population doesnt increase, its like that everywhere.
Check the stats. Thats how the banking world works. Debt is money, new population is more debt
David Reed
No there was a royal commission, and banks got a slap on the wrist for irresponsible lending so theyve tightened lending standards
Owen Morris
Nah just coincidences
Noah Parker
If they raised interest rates even a little bit, the people with 20 houses would be forced to sell, which would force the people with 19 houses to sell etc.
Our banks let people take out mortgages for new homes using the equity in their previous homes ad infinitum
Hudson Ramirez
Nice. I wish it would happen in France but I don't think so. Interest rates are at the lowest ever and everyone is going "lol free money! it's the best time to buy a house xD".
Average mortgage is increasing rapidly. 30 years mortgage is becoming common. I hate it.
leblogpatrimoine.com
Robert Williams
So you are telling me the morroccan banking system is full of crappy loans that european morrocans will (by our banking standards) likely not be able to repay.
Brody Peterson
The world will go broke in a few decades by that reasoning.
Even Africa is going to decline someday.
Asher Long
yes
although they might be able to pay it back with Belgian welfare revenue
Tyler Jackson
Your interest rates are even lower than ours I think. As long as the banks can find some dumb nigger to keep lending to your bubble will keep growing until enough is enough. And the bigger they are the harder they fall
Owen Collins
You're a faggot and an idiot, and you contradicted yourself from one phrase to the next.
Nathan Powell
If they default how would the morrocan bank try to collect their debt? Can a morroccan bank get a belgian gerechtsdeurwaarder to go after the money?
Anthony Baker
Yes it is.
Charles Wright
ofcourse not
Ayden Cox
Also its chicken and egg.
They bring in migrants, housing goes up, taxes go up, young people cant afford to give their kids the lifestyle they experienced as a kid (big house w garden). So they get 1 kid less.
Many such cases.
Migration is only helping the very rich of our nations. Those who own companies or real estate.
I guess its an improvement for the migrants as well.
But it's clearly not an improvement for the lower and middle class of the ethnic population.
However they get torpedoed with propaganda (made by those who also own companies and real estate) to shut up and like it.
Jason Brooks
Yeah, i already own a house though, fully paid off. The rich will push their agenda and probably be succesfull at it. Its happening everywhere though, what do you sugest to do?
Christopher Lewis
>destroy communities
>increase homelessnes
>promote overpopulation
>change the whole fucking continent TO THE FUCKING WORSE
>only so the overleverage boomer doesn't have to sell too early
this is full NPC shit...
Jayden Richardson
they are still Moroccan citizen so I have no idea how that would work
Bentley Wilson
Thank you rothschields
Andrew King
did you ever ask youself why so many maroccans only have one hand left?
Ryder Diaz
>Countries would go broke if population doesnt increase, its like that everywhere.
Well sure, because socialist policies are basically pyramid schemes.
Adam Harris
Jow Forums is a Jow Forums website
Elijah Mitchell
>white genocide existing
lol
Nicholas Anderson
OP here. I'm thinking as the interest rates are the lowest ever and can't go down much more
The average salaries don't grow much
The average mortgage duration in increasing and can't go up much more
I think it's a bad time to buy. How can buyer's purchase power increase any more ? Boomers already decreased the interest rate and increased mortgage duration to the max. (for french market outside paris)
Carson Morgan
18 year cycle, it's gonna keep rising until 2026.
It will crash shortly after and will stay down until 2030.
Camden Wright
Another graph comparing house price and interest rate. A part is missing on the right, interest rate go even lower than that
Lucas Thomas
You should get a chart of averages prices
Aaron Long
This is revenue/house price ratio, base 100 in 1965 in red and interest rates in green
Blake Gomez
The white population is decreasing and brown "people" won't finance shit once the white tax base erodes
William Smith
If you think that brown people dont pay tax you’re retarded
Brody Torres
Net they don't you mongrel and they don't pay for their housing either, it's paid through white taxes
Easton Ward
Stats?
Parker Miller
Yikes sweetie why don't you go back to r*ddit and see if they have a source
Ian Martinez
You don't know the situation in Europe...
It was bad before the migrant crisis but since then it became the general state of affairs. If not for the free gibs these people would be forced to adapt to a western lifestyle or ever be dammed to life their mohammedian dream in poverty at the margin of society.
Samuel Garcia
Sorry but an opinion based on feelings is female tier
Liam Miller
>Thinks niggers don't matter when desciding where to live
What a fucking idiot you are. People like you unironically disgust me. Fuck off!
Adrian Miller
>be european
>meet iraqi immigrant
>he works more and harder then me thus paying more tax
No joke, go outside sometimes
Benjamin Myers
you have no idea how much one can profit from the state here in western Europe
Jaxson Jenkins
buying the top, the biz way
Lucas Nguyen
hope he earns more than 50 bill you cuck
telegraph.co.uk
Dylan Wilson
I mean I hope he pays more than 50 bill in taxes
John Howard
You forgot the part about the somali plague
Turks are somewhat based in my experience and have good work ethic, it's the constant inflow of sub-saharan niggers that are fucking shit up. They are literally worthless, nothing but parasitic barbarians whose only purpose in life is to demand more free shit and have sex.
Thomas James
your one most likely fake example is meaningless compare to the countless welfare queen with 5 kids I see everyday
Leo Hughes
Probably yeah
Owen Martin
It’s not fake though, chill guy, hard worker
Landon Perry
whoa, a whole Iraqi?
Lucas Moore
This cannot be debunked.
Think about how much better the economic lifestyle of your parents was compared to your grandparents.
Now think about how much better our generation has it compared to the boomers.
Why the discrepancy?
Could it be that the 20 million africans in western europe are leeching of the welfare state?
Nah.
Jordan Roberts
Where in France?
I just bought in Nantes
>Aren't interest rates super low?
Definitely, I didn't put down a single euro , I borrowed everything, including the money to pay the notary and the motgegage broker, I got 1.36% per year on 20 years. If I had had the money, I would still have borrowd the whole amount, and invested the money at 6% per annum.
Chase Parker
is france turning into a shithole?
Adam Garcia
Lille is great
I lived there for a few years.
Yes there are a lot of Arabs, but not all of them are ghetto trash, half of the team I managed were Arabs, and they were no more problematic than others. The 2 best workers were a Moroccan and a Kabyle, and they were fun to work with
The ghetto trash in the north is roughly 50/50 Arabs to home-grown white trash. they're easy to spot, they're all called Jordan or Dylan, skinny pasty as fuck, can barely talk. and are really fond of alcohol and domestic violence. Think english chav meets malnourished gopnik. Nature's work of art
Carson Cruz
>I assure you the worst parts of the country are representative of the whole country
> You shouldn't by in [insert whole fucking country] because of [insert a dozen neighborhoods]
pic related (You)
Gavin Thomas
Luckily my friend is a real estate agent who'll walk me through that bullshit when the time comes
Jacob Turner
my bad, was answering
Bentley Phillips
>The yellow jacket movement was literally about that.
Oh its more than that, user
Charles Robinson
The yellow jacket literally did not ever mention immigration.
Anthony Hill
>>be 26
>>live in eastern europe
>>living with parents
Do you get shit for this constantly? I'm 27 hohol in America living with my mom and I always get the rundown to how I'm a useless shit still living at home with her whenever she's upset.
>tfw student debt
I envy you. You also have access to attractive women who will actually give you a chance at dating and stable marriage
Logan Miller
>people of color are the white man's burden
>people of color should not be given asylum in europe
pick one and only one
Oliver Young
Fellow Italian here, if you're from US/CAN/AUS/NZ you may think the european housing market is still relatively low compared to yours, but keep in mind that (residential) real estate and the landlord-tenant work VERY differently from what you're used at home.
Grayson Cook
the yellow jackets are absolute retards who can't even get 100k people in the streets, let alone agree on what the fuck they want
RIC? I sure hope the fuck not, these lowbrows already illustrate how democracy goes to shit when the pleb is to lazy to educate themselves and get molded by social media ops
Ryan Barnes
Expand on that, burger here