>wanting to save 90% on a house is dumb
K
Is homeownership a meme?
the irony
Lmao, go ahead and keep investing your "future".
>With the advent of 3D printing, wont it lower the housing cost dramatically?
The most expensive part of the house is the land, atm 3d printing houses is a meme the geometry of houses are fairly simple for their components to be mass manufactured
one thing that could be interesting to think about would be subscription-based living accomodation. You could be subscribed to a development company/ brand and would have access to any of their apartments/ housing precincts around the country/world with all associated membership benefits. Tokenization of the company shares would give members the opportunity to be asset owners (similar to REITs). If this were to happen there could be interesting implications for the definition of a nation and what it means to be a citizen
wanting to waste hundreds of grands on an overinflated market right before a recession just because it is a tangible asset and gives you comfy feelings isn't very rational. Property is as much of a ponzi as any other asset
Home ownership is not a meme. However HOAs are a meme
>04/20/19(Sat)17:01:07 No.13387561
3D printing is just a marginal improvement over current manufactured homes since the technology isn't even yet available at scale. However, the biggest cost of any real estate is the land. Doesn't matter how cheap the house that sits on the lot is when you're paying $1 million for the lot in San Fran.
owning a property has its benefits. renting that property to some normie has many tax benefits. However, I would only buy a property if it the repayments were equal to or slightly above the cost of renting. If renting is way cheaper than a mortgage then I'd probably keeping rent where i cannot afford to buy, somewhere nice ya know.
No it's not a meme. Especially if renting is close to mortgage payments. Also as others have said in this thread investing in cash flowing real estate is great.
>home ownership
how about LAND ownership in states/countries with FULL CASTLE LAW
>What other significant changes can we expect in the future with regards to real estate?
They won't let the bubble collapse. Properties will continue to get smaller and smaller until Gen Z ends up living in tiny little cuckcapsules valued at $3m and up.