60 year old houses are selling for $150 a square foot in my area. Will housing crash soon...

Avg price of house around 1998 before globalisation and free-trade went full swing
>$180k in NYC (boros)
>$170k in SF
>$150k in LA
>$120k in DC
>$140k in Sydney
>$120k in Melbourne
>$140k in Toronto
>$130k in Vancouver
>£50k in London

Avg price of house after 2004 massive free-trade/open-borders
>$800k in NYC (boros)
>$1m in SF
>$600k in LA
>$500k in DC
>$900k in Sydney
>$700k in Melbourne
>$600k in Toronto
>$1m in Vancouver
>£1m 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

Housing prices today are on a stable growth trajectory over their lifetime when you even out the booms and busts

We are good for several more years on house prices actually

you can thank NWO globalists
from January 2000 to July 2006, starting with Bush's NWO Housing Bubble, home prices surged 900% .

WRONG!

pre-bush, housing was never a problem

before 2000s/bush NWO/globalisation, the US has ALWAYS had avg housing price = 2X avg salary

a drastic surge and hyperinflation of everything occurred with globalisation/free trade/open border scheme that started when Bush took office in 2000

>Will housing crash soon?
April 7th.

That’s just not true, the factors that began the housing bubble began in the late 90’s under Clinton and in some respects in financial products with their roots in the early 70’s and

Don't live in a major metropolitan area moron, special snowflakes like you want everything on a damn silver plate with a bow tied on top

I am interested in this topic. Post housing market redpills

Your house won't appreciate unless the rural area spikes all of a sudden.

>abloo bloo bloo I can't afford a house! We need communism!
Maybe stop being a faggot and stop looking in areas you can't afford.

Probably. People are receiving mortgages at ridiculous rates and incredibly low down payments right now so that overpriced houses can be sold. They have to sell houses and its hard to tell owners to ask for less. So basically the same shit that happened int 2008. There is also a lot of debt in the system right now, and this is going to become a problem sooner or later. There are major problems with this economy. There aren't really a lot of signs that a crash is imminent, but it is pretty much guaranteed within the next 5 years.

nope, 90s was the last decade of traditional american housing market (that spanned across centuries), with a house costing 2X avg salary even in metro areas such as NYC/LA/SF.

90s were in fact the last decade of american lifestyle, middle class, and the american dream. then bush came and all that was left was a trail of destruction throughout western civilization.

Yeah and now they are gearing up to transfer private debt onto the public just like they did in 2008, because it was an excellent way for them to transfer more wealth away from the lower and middle class such that they further erase the middle class as a whole. If you aren't mega-wealthy, eventually you are going to fucked.

If you can't beat them, join them. Buy homes and then rent them out for a profit. Rinse and repeat.

Do you think 300K for a house is alot? You can live in it for 50 years, so that is 300/50 = 6K a year, or $500 a month. Seems pretty affordable to me.

You don't want to live in the same god damned pile of wood and windows for 50 years you massive retard.

Its hell.

Own my house free and clear at 31. Just socking away money and when/if the market crashes again, I'll move up. Starter home ftw

>g-goys its time you debtslave on these dirt cheap houses
>t. william wang wei bushstein

thats 300k is 9X the avg salary thats affordable to mega-yids. its not affordable to the national avg goyim salary of $40k. loan payments would be $3k a month alone.

what IS affordable is what WAS the standard price for homes (before bush): 2X avg goyim salary

>just get an interest free 50 year fixed rate loan

you're forgetting property taxes

This is accurate. Some areas are inflated due to foreign cash competition but overall prices are around trend trajectory. Also real estate and securities will go up when bond market busts. Commerical real estate may react differently.

no its not. unless you are from some 3rd world chink shithole.

US HOUSING PRICES WERE ALWAYS TWICE the national AVERAGE SALARY. that was until bush came along... see get that through your thick mongoloid skull

Things will get better once boomers start decreasing so long as government doesn't subsidize housing for the "poor" even more.

What are we looking at here?

Sounds good

t. Bought last year in Oakland, CA

NO LOOK AT THE TREND TRAJECTORY

No it won't crash soon, it will crash but it will take some time. Just buy something tiny and cheap and fix it up. Sell it with a decent profit and wait for the market to crash

Hopefully

take this to Jow Forums you money-gobbling faggot

>Just buy something tiny and cheap and fix it up

Smallest thing I can find is a $100,000 670 sq. ft. 40 year old condo. What's the fucking point on shit like that?

It happened no matter what flavour of party. UK had Blair and the same thing happened. Idiot.

>thinking 2.5m houses are representative of the market
many, many, many houses in the real world are selling below market value, bud. grow up

>not understanding what free trade is

fuck sakes thats exactly what happened fuckin globalists

well to europian standards that doesn't sound te bad. A normal simple house here will set you back 200K - 400K depending on the area

this HAS to be a troll

>this HAS to be a troll

no, just a very stupid kid.
no more than 12 years old

"in my area" sounds like code to me for nigger filled ghetto. Complaining about cheap mid-century construction houses means your a nigger. If you were White, you'd be buying them all.

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91% of the homes for sale in my local market are selling for more then the asking price. I follow these markets. I'm also older then you, bud.

S-So how am i supposed to save up for a home now? Like wtf im gonna be starting out with a £20k salary and houses are like over £360k