How much longer until housing prices come back down? I want a place to live

Elaborate please.

Google it you mong, interest rate adjustments , belt tightening on toxic debt

Never. Housing has been used for decades by '''''''''economists"""" to force meme growth

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Why not homestead?
I'm personally looking for some land to build a 4 car garage /shower on. Then I'll park my van life ride inside it and just have a big ass bedroom.

Government is controlled by boomers, Fed is controlled by boomers, houses are owned by boomers. Do the math

no user. It's expensive because rich people are buying the fuck out of all of them so they can rent it out for high prices which in turn makes all rent skyrocket.

Combined with the fact that Chinese governemnt can at any time seize chinese property or land.... all the rich chinks are buying up property in other nations as a method to stash away their wealth since china government can't do shit about land owned in other countries. It's why you sometimes see empty houses but not for sale on your block. It's owned by rich chinks living in china.

Housing around the world is fucked because of rich assholes.

2020 at the latest we will see similar interest rates to the 1970s in the 2020s
unless crypto takes over then prices will drop 80% and never go back up

Mate i live in Australia, the house prices are fucking ridiculous. A small single person unit in a ghetto surrounded by abos and methheads is minumum 200 grand in Australia (this in a suburb about 45 minutes from the goddamn city) Fuck even houses in woop woop in the country side like meaning population below 1000 the houses are probably 80 grand but are weatherboard shacks missing a couple of amenities

>my sister has several times laughed about how trump got a "small loan" of a million dollars when he started his business
>she has now literally just bought an apartment for a million dollars
>it's a box identical to everyone around them
>they don't even own any land
>loaned seven times their combined yearly income
>if the interest goes up just by a percentage then their lives are ruined
>the same goes for tens of millions of people in the western world
>people call me crazy for refusing to take any loans in this economical climate

>>
Same here i want to live with my waifu not my parents

literally the biggest ponzi of all time, taking out a loan and not even having the money to pay off the loan but JUST the interest itself effectively throwing money down the drain so you can showcase to everyone that you have a big house and an "investment" which is totally dependent on another dumb bastard who will pay higher than you.

Start world war 3 and kill half of the population of the worlds than it will drop for ya .

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Depends on your market, but literally never.
New development is being suppressed by HOAs, environmental groups, and Trump's new tariffs.
Meanwhile, large investment firms are buying properties en masse to force the market up.
Meanwhile, employement opportunity is becoming increasingly centralized in cities.
Renters will never accrue enough wealth to buy, and landlords are going to keep it that way.

>taking a loan without fixed interest rates
She's already dead.
Also there's nothing wrong with taking a loan for something that will make you money in the long run (not having to rent is a HUGE boon), but you got to be smart about it.

Credit rates have been around 1% for years and prices never deflated.

fuck if only

half isn't enough. The population should be reduced to 800 million if a post-scarcity society wishes to function

> t. Rothschild

500 million actually
>any year ever
>disregarding the Georgia Guidestones
lmao famalam

It exact opposite! we need about 15 billion people

The DJI will being a 75% retracement starting in 2021-2020. By then initial claims would of bottomed out and would of started going up at which point we'll enter a recession/depression depending on the period of economic suppression until initial claims peak, and begin trending down again. We'll experience a stock market bull rally up until 2022, then enter a 6-8 year correction to early 2000 levels. Crypto will boom then, and house prices will be cheap. Best thing you can do now is buy silver/gold/bitcoin/litecoin. Buffet likes APPL b/c they have more than enough money stashed away to survive the coming economic crisis. During this crisis BTC and LTC will shine. The quantitative easing the government has been doing will eventually lead to hyper inflation due to the that money finally hitting the market when it is time. Milk, and bread will become a dollar or two more expensive. Currently the banks get infinite money form the FED. Now that you know the stock market will crash in 4ish years what will you do user? You have been visited by the ORACLE

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Fucking on point!

We judt need the infinity stones

You can’t be serious. They only make 142k before taxes. That doesn’t sound right.

Shut up. Chainlink is king in 2020

You just described crypto

Except that chart is inaccurate because its compared to inflation. And in the past decade they've continuously changed how they calculate inflation to incorrectly measure it. Recent inflation has been much, much higher. They randomly remove things from the price indexes the government uses, such as energy and housing (only rent which doesn't take into account the trend of shrinking, subdivided apartments). But then they'll look at prices of consumer tech for example, and say that since an X mhz processor cost less today that shows inflation isn't that bad.

In the past decade we've seen two huge things happen. Massive inflation, but at the same time a massive increase in wealth disparity. So labor costs are actually not increasing that much, because the low and middle class has effectively been reduced to peasantry. A middle class person today is living off much, much worse than he would have 20-30 years ago. If you earn the medium wage for example in any given area of the country, it is extremely unlikely you will ever own a home (unless you're a really good saver and investor).

On the other hand the government/fed has been printing huge amounts of money. Taxes have just been reduced and spending increased. The government it set to hit $1T deficits. $1,000,000,000,000 will be printed a year. This money is primarily flowing into the to 1% and a smaller portion to the top 10% in mostly major cities. This massive pump of money into the economy what is driving up the prices the houses. While the middle / lower class getting poorer and poorer is keeping the costs of other things down so most people in the 90-99 percentile aren't noticing inflation until they try to go buy real estate.