When will the boomer die off begin?

You don't have to buy boomer jewed houses, but the Chinese will. They inflate their money so much and create fake millionaires through scams and currency manipulation then buy up as much property as they can in Western countries or shitholes like Africa and for whatever reason people fall for it hook line and sinker. What the fuck is going to happen when they claim all of our land with monopoly money?

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>89% of the land in canada is owned by the government
>capitalism
pick one

Also it would be pretty easy to get the left to join in on this. They all fucking hate work anyway.

and will be replaced by the third world.

washingtonpost.com/amphtml/realestate/housing-values-may-fall-as-baby-boomers-die-off-or-sell-off-two-studies-say/2018/07/17/35b0dbf0-890c-11e8-8aea-86e88ae760d8_story.html
Reminder that boomers will die off.
Tick tock boomers! Your property is mine.

Better fucking hurry. Land prices in Texas are soaring. Stuff that was in the boonies, miles and miles outside the cites, are quickly being incorporated into subburbs and are easily 100-150% more than what they were 10 years ago. At this point in time, whether you rent or buy, the rate is much the same.

>maybe try buying someplace that isn't in a bubble?

Except there aren't any jobs out there? I'm not fucking going to become a farmer

I bought 5 acres pretty close to Dallas for cheap... it's for horses but has utilities on the road and enough forest to never see the neighbors. Do it mate.

10-15 yrs

when the muslims take over europe, finally

they will sell all the country to chinese people before giving you a good deal

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All those boomer houses will be bought and rented out to 4 mexican families all living in the same house, they’ll have about 7 cars around, people constantly coming and going, etc

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>1488 Sqft

When the boomers die off and white people become a minority, you’ll have much bigger problems than housing costs.

When was that? I have family in Grapevine that purchased their 4 bed/ 4 bath/ den/ pool on an acre in the late 90 for 200k. Its worth 450k now.

Montrealer here

What do people even do in Vancouver for a living? I mean, in order to be able to afford these ridiculous prices.

>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.

So weird I just keep buying and selling a house every two years.

From knowing American Boomer business owners:
Boomers can't even sell their homes at market value.
Their kids generation can't afford to buy their stupid shit because boomers refused to pay their kids generation a livable wage.
During any economic crisis in the past 40 years did they once consider lowering their ridiculous standard of living so that they could pay employees in accordance with inflation?
No, of course not. They imported spics and paid them even less.

How come the yellow man can afford house and the white man can't. Seems like the white man doesn't work hard

That house would go for 2m CAD in the Boston suburbs. It’s obnoxious.

My great great grandfather was a Scottish immigrant to Arlington, MA and lived in a 1,500 ft2 house with his family of 7. That exact house cam3 on the market, so I went and saw it. $2.5m!!!

The fucking boomers who were selling it bought it 20 years ago for $250k.

Un fucking believable.

Who would want to buy a house that will possibly be haunted by boomer ghosts?

> 1,4 million

Implying this piece of cardboard trash is worth more than 140k.

>Thinking of relocating to Texas
fuck off, we're full.

Precisely

Sell chink fent/opioids and genocide white people

For years, the treasonous globalists lied to us that overseas money into housing was coming in "small" amounts – barely enough to make any difference
With that having been thoroughly debunked, and frankly impossible, we are now discovering that a large portion of the money has arrived via the fentanyl trade

Money laundering is not a victimless crime. Drug trafficking is not a victimless crime. Prostitution is not a victimless crime. Pricing a generation out of property ownership is not a crime, but it does have many, many victims. These are the connected crimes that our treasonous, criminal globalist government is somehow not capable of protecting us from

Allowing money laundering into the real estate market was apparently government policy for years. Allowing fentanyl traffickers to clean their money through our casinos was apparently government policy for years

burnabynow.com/opinion/your-letters/letter-money-laundering-is-destroying-b-c-we-need-a-public-inquiry-now-1.23667545

The value isn't for the house it's for the land. Land prices are insane due to mass immigration and no controls on lending.

Boomer mass immigration and open border policies will ensure that house prices remain insane even decades from now

It's not forgein investors.

It's investment companies that are literally buying the houses low, renting them, then selling them when they are high. Forgein investor implies a single Chang wants to invest here.

a shit hole house may i say

Winning strategy would be to rent them out, by the time you pay closing costs/commissions/taxes cant imagine you clear that much every two years

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which city?

Honestly, if theyre posting here I dont mind. We really need to stem the tide against Califugees and Oregoniggers and of course the fucking chupacabras pouring over the border.

I'm more worried about the scores of niggers ready and willing to gun us down a few neighborhoods over, or even next door.

that square footage though

No, these ants aren't what they tell you.

they aren't middle class workers escaping. they are Chicom drones who were tasked with the mission of invading

they come here and are given a big fucking budget for 1 of these tasks
1. buy a house
2. settle in and buy out locals
3. produce, market and deliver heroin

1. will come here and dress like a millionaire. in reality he is about as wealthy as a paramedic in his country. His job is to buy out entire streets, boulevards and blocks no matter the cost. This will be done in teams to avoid suspicion

1 "sells" these houses to every other ant,
2 is a professional. his job is buying and selling property across the city. technically a business owner. is allowed to keep some profits but returns a portion back to the main country with routine trips across the year usually monthly. any child he or she has goes with them to make sure they understand their loyalties.

3. I don't need to explain the fucking correlation between the consumption and production of heroin in Vancouver and the amount of chinks. they are not just smothering us economically. they are poisoning us.

Go live in the wild

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Hopefully not until I inherit my parent's home in their retirement community and sell it

Meanwhile in Montreal

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Yup. It's easy to make money once you rig the game in your benefit. Respect, for understanding what's really going on.

Dont worry the boomers refinanced everything taking out all the equity to purchase vacations and 70” hdtvs.

Don't wait for God to fix everything.

It's possible. I'm a day trader and I know hedgefunds basically control the price of the market. What's to stop them doing that with real estate.

Well then they can purchase a sunbird home when my parents keel.

What the hell are powder rooms?

Don't do it. Google what those small interest rates do to you over 30 years. You will be paying over double the price of the home over 30 years.

there is little stopping the homeless crisis that grips the West Coast from infecting the rest of America. All the elements are in place.
The problem of increasing homelessness boils down to: Massive immigration
Overpriced housing is only one element of the economic asset bubble that offers an illusory, unsustainable substitute for genuine economic growth.
Demand for housing in America has dramatically increased because of population growth, and population growth largely has been the result of immigration.

You purchased it for 200k but with the compounded interest over 30 years you'll have paid basically what it's worth now. Garbage

>What do people even do in Vancouver for a living? I mean, in order to be able to afford these ridiculous prices.
It's all Chinese rich with money from scams back home, like being the child of connected party members or robber baron tier sweatshops. That whole place is a big Chinatown.

It's a washroom that is not inside of a room.

>Tyrone potentially living near me is worse than another Great Depression
While I absolutely loath niggers you can just move away from them or get locked and loaded, you aren't going to be able to escape them though when the economy collapses because of chinks and retards that fall for their scams.

Gotta pay for the $15k funerals

Boohoo bitch. Move out of the city fag.

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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, DeAndre, and Tyrone. Don't forget your $2,000/month rent is due next Tuesday!

Companies like Blackstone bought all of the property after the housing crash and rather than selling it, they held on to it and are renting it out. They now hold monopoly privileges and are able to extract nosebleed high rents

I worked the foreclosure market and picked up a few crumbs banks didn’t want. They bought it all back. Fucking crazy. The attorney for one of the banks would joke with me that ‘they have to cook the books somehow’. Was fucking ridiculous. This system is utterly fucked. A message to all Amin’s out there.. try to get out of the rat race system as it is designed to keep you locked in your own prision.

in February 2009, 58% of all home sales in California were repossessed properties.

As home prices showed no sign of leveling off in 2009 or early 2010, lenders and their servicers panicked. They decided that the bleeding might be stopped if they drastically reduced the number of repossessed properties placed on the active housing market. RealtyTrac had begun reporting as early as April 2009 that most foreclosed properties were being held off the market. They estimated that roughly 80,000 foreclosed properties in California had been deliberately kept off the market.

By mid-2010, Los Angeles County mortgage servicers had just under 30,000 properties in their foreclosure inventory. A mere 1,214 were actively for sale.

The solution was to sharply restrict the number of delinquent properties actually foreclosed. Early in 2012, the number of homes repossessed by the servicers began to plunge.

Servicers realized that reducing foreclosures to a trickle had worked

What servicers were doing went unreported by the media.

Nah. My uncle is a smart man and makes great money, its been paid off for years. Honestly that number he gave me was like 7 or so years ago. That property in easily over half a mill now.

It's where you keep gunpowder and blackpowder. The copper lined walls stop sparks from setting it off.

Seattle area

Renters are trash you never know what will happen with them if they are trash they fuck the shit up too much. I've made around 100K per sale.

>What is the time value of money?

The most outrageous thing is that the politicians ooh and aah about how out of control housing prices are when they are the ones inflating their value at the behest of the banks by bringing in countless immigrants.

Thats by design buddy.

The majority of the banks assets are in mortgages and properties, if the value dips just a bit you get a recession which happened last time.

Next time they wont be able to bale them out so they have to bring in countless immigrants to artificially inflate the value of housing.

Western economies are literally a ponzi scheme which rely on exponential growth with no end

Globalists sent our jobs, industry, technologies, and wealth to locusts overseas.
And replaced the productive, manufacturing economy with a fake, ponzi economy based on asset (stocks/houses) speculation.
To increase price of house they import millions of shitskins.
Housing is one of the reasons (((they))) keep pushing immigration. So the ponzi economy keeps growing. So bankssters keep getting paid. Its sick and fucked up

When demand increases because of shitskin migration, rents rise, and pressure on infrastructure rise.

At the same time, the entry of immigrants increases downward pressure on wages.

Additionally, immigrants have access to fed printed money.

Whether it offends you or not, immigration has a negative, hyperinflative effect on the housing market. specifically, White Americans are paying a heavy price in terms of higher rents, lower wages, traffic, and crime as a result of overcrowding by shitskins from Asia and Latin America.

Meanwhile, this has puts upward pressure on rents and housing.

Nothing in econ happens in a vacuum. We can argue, however, about the scale of one group’s effect on the housing market ad nauseam.

No one will be able to collect if they don't sell within ten years. The market is going to crash and it's going to crash hard.

They know they better have that money or they're not getting a funeral. Fortunately, they do have the money, and it's not coming from selling the house, so its fine.

I’m 8 hours North of Toronto and doing just fine. If I want city I take a $250 Porter flight. I live in a giant, giant fucking house with 150 acres and pay $1200 a YEAR in taxes. Paid $140K for this place, not 1.3 million.

Seattle
1998: avg rent $600 - avg salary $50k
2018: avg rent $2000 - avg salary $55k

Foreign invasion is a huge problem. Foreign buyers are buying up property in the Seattle area like crazy, mostly chinks. They put down cash offers on houses with no contingencies, often offering over asking price. This drives prices higher and makes it impossible for a non-cash buyer to secure a contract. I made offers on 9 different houses and was outbid with cash on all 9 of them until one of the cash offers fell through and I was able to squeeze my offer in. This is happening all over the west coast, and it's mostly chinks who are doing it.
fags who insist foreign investment is just a meme have never tried to purchase real estate in today's market.

youtube.com/watch?v=aoeUxzUR4ec

Fuck Washington state and it's goddamn housing market. And fuck China for causing this bullshit.

>China ching ching billionaires go to California and start buying the stupidly over priced real estate.
>California poojeet fags use their new cash to move up to Washington state, offering UP TO 60K OVER ASKING FOR HOUSES
>Seattle investors smell blood and start buying all property within hours of it hitting the market, way over asking.
> All the while ching xhing ding dong chinaman is also buying over priced Seattle property, putting tones of cash into the hands of Seattle investors, who massively overpay for all small houses and think they're some kind of realestate geniuses when they make money.
>All the while slumlord apartment management companies are jacking up rent, figuring that they can get away with it. They can.

I just want to buy a house for my wife and our baby, due in like a month and a half. I fucking hate this goddamn part of Washington so much.

>money above all else
That's capitalism. The very definition of Greed

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ugly ass house.

You hinted at the problem..inflation. Inflation is theft on everyone done by the fed reserve. It is partly done via devaluing our currency. A "livable wage" is just a by-line. Our dollars just literally do not buy as much as they did, say, in the 1950s

When properties went into default, banks rushed to evict the homeowners and put locks on the doors, but what they did NOT do was foreclose. The property remained in the owner's name, the property taxes remained in the owner's name, the municipal fines for overgrown grass and muddy pool were all in the owner's name even though the owners were long gone. By not taking immediate possession of the property, the banks avoid paying taxes, avoid paying maintenance, avoid having dead weight on the books. Neat trick. That's why your broken windows neighborhood looked like a fucking war zone.

What is that in American money, about 25 grand?

It will be scary when it happens. Blame as much on them as you want (justly so) we will be left alone in clown world

>When properties went into default, banks rushed to evict the homeowners and put locks on the doors,
It doesn't work like that at all unless the homeowner is a complete retard. Even then I dont think the banks would do that. An empty house will return about 5-7% per year on investment even if no one lives in it. There are entire neighborhoods owned by banks in some parts of the US

Stop lying, you probaby collect odsp, live by the steel plant and inject herion in the station mall parking lot you larping faggot

Google isnt a thing? The Canadian dollar is worth more than the US dollar

Yeah I know it's by design. People cry out free market but don't realize the game has been built that way from the start. Just like how the stock market has an inherit bullish bias to encourage investors. Same fucking shit. It's scares me what will happen in the end.

The Fed creates asset bubbles by importing millions of shitskins and lending cheap money, and then directs Wall Street Hedge Funds to swoop in and repossess all the foreclosed properties after the bubble pops

Wall Street landlords (REITs) are cronies of the Fed and are on track to monopolize the entire real estate market

Yep, After the 2008, they imported more chinks/spics/poos and the banks using Fed bailout money bought up all the excess houses on the market or sat on foreclosed houses from the collapse removing excess supply from the market, and then slowly put foreclosures up for sale over a number of years as prices went up. There is over supply of housing but they are artificially cornering the market by holding back supply.

Blackstone bought them, and other hedge funds bought them. They bought them with crash-cash scheme eniterley designed and subsidised by the Fed

The Federal Reserve responded to the bubble collapse with unprecedented intervention to prop up housing values

This is typical boomerism, import monkies, so home values rise, so they can use high home values for retirement funds later, meanwhile the young have to live their whole lives with these monkies and have a huge mortgage to pay for the home they bought from the boomer. Meanwhile schlomo makes money on mortgages or renting to monkies

Not anymore, that was the case 6 or 7 years ago.

Satan quads checked

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It's fucking dispicable. Companies shouldn't be toying with houses like they are fucking stocks or crypto, let alone be subsidize by the fed to do this. Criminals everywhere, even in government.

greed exists independently of capitalism
everyone who can afford greed will be greedy
the monarchs and their lords, the pharaohs, the emperors, even the communist leaders, always surrounded themselves in massive amounts of wealth
the only difference between capitalism and any other system is that under capitalism greed isn't limited to only a handful of dear leaders

>1488
>only 1 match

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The entire ponzi scheme is propped up by endless supply of trafficked shitskins to pack into houses

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 they can conjure to bid up property prices

No it doesn't. The Wealth of Nations by Adam Smith defined Capitialism as Money above all else, the exchange and love of money should be trusted because of the invisible hand and the desires of the consumer and producer will meet to bring about a positive change. that is money above all else. Socialism has been practiced for thousands of years, Egypt was socialist, many city states in ancient Greece were socialist such as Sparta, the Roman Republic and Empire were socialist

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Bank will buy it if the foreigners dont. Houses will never fall again.

the price is also suspiciously close to 1.488million

>Socialism has been practiced for thousands of years, Egypt was socialist, many city states in ancient Greece were socialist such as Sparta, the Roman Republic and Empire were socialist
and yet the leaders were all greedy and kept most of the wealth to themselves
just like the monarchs, just like the communist leaders
greed only in a handful of people is still greed

Don’t worry about Canada’s home prices. Even though falling home prices would be very beneficial to potential buyers, Canada’s Elite are responding to maintain or even further inflate house prices. Increasing immigration in perpetuity is Their magic elixir:
cbc.ca/news/politics/canada-immigration-increase-350000-1.4886546

It’s quite obvious that if real estate investors realized that the population of Canada were FALLING, and were going to continue to fall, this would be an unmitigated disaster to the Canadian housing industry and would cause house prices to drop precipitously.

But, again, don’t worry because the Elite are adjusting the immigration faucet to wide open. Other first world nations that have perpetual-growth-dependent economies are doing exactly the same

millions of homeless Whites as a result of the Yellow Invasion housing bubble

It’s funny how people keep saying we are in a bubble. A bubble lasts a few years, maybe a decade. But Vancouver’s housing has been going up in a straight line for 40 years. go back to the early 1980s and see when the boom started. It was due to chinks from HK invading Vancouver in the 80s and 90s.

In the 1970s, Vancouver was Lilly White!!! you’d find an odd Chinese restaurant and that was it as far as diversity went. Today, more than 90% of the population is Chink. And all those Chinks came over with suitcases full of dirty laundered money and bought houses of White people

It is apparent that the housing bubble is from Asian/Spic/Poo locusts

That’s not a bubble. That’s the YELLOW PERIL INVASION. Its the new long term reality. If you want to have a roof over your head, it will cost you dearly.

Nothing sans mass riots will change this

Period.

The final solution. Obviously. Hitler made three mistakes, invading Russia in winter, fighting a two front war... And I forget the third one..... Needless to say I think none of these mistakes will be repeated.

>they were all Greedy
Of course they weren't. Was Leonidas greedy? No the Spartans were full blown socialists and had been known at one point to actually ban coinage because they didn't like the effect it had on their nation. Was Leonidias greedy for refusing gold and silver as payment? No. Not only that if it hadn't been for sharing certain items in common they couldn't train every Spartan to be amaster in combat, they wouldn't be able to afford it. Augustus Caesar and Julius Caesar gave away the best real estate Italy had to offer to the poor plebs in a lottery. The Roman Republic had it's grain dole. ect ect. There are plenty of good kings through out history, otherwise they would have been far worse off, instead we speak of their golden age

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>invading Russia in winter

when will this dumb meme end? The invasion started June 22 1941.

>McMansion
>huge windows everywhere
>sure hope there are no niggers in wandering distance

We bought a house for $120,000 on two acres of land. It's a very nice cabin and it has all the bells and whistles. We've remolded the bathroom, redid the whole plumbing and have been slowly converting it into a homestead. This place will be worth half a million easy in the next ten years. Get out of the rat race. There's plenty of places to get a nice house for the amount you'd pay on a small box. You don't have to deal with HOA, or neighbors for the most part where I live. This is paradise. Maybe not for everyone, but the way we're living, it's ideal.
>Pic very much related.

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what town?