REAL ESTATE

rich people not replicate youself
oposite: the wealth is concetrating now
but houses builded alot

found the fucking ESL gook

just date a fat one and use her money to invest in shitcoins kek. don't loose it tho

Learn english you disgusting chink

wtf you talking about. Maybe home prices, but fucking retail is dying from the internet
>mfw family increases networth by about 10 million a year for the last 5 years buying up dead retail centers and using land entitlement to change the use of the land for other things I will not tell you about

lol whats that user? Can't get a small loan of a million dollars for a real estate project? Stay poor faggot

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What's happening in Austria. I am curious.

“I will not tell you about”

Nice trump larp, you’re probably just another basement dwelling goblin

what is it like to be poor?

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literally nig flashing your 'wealth'

>$3,000
>Acting like you're rich
>MFW my smallest shitcoin buys are $3,000

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thats was the pocket money i just had at the time in my wallet

prefab is only cheap if you buy an off-the-shelf option; the money is also in the land not the house so prefabbing the house shouldnt make it any more cheaper

also, A-frame houses will always be the cheapest structure

>3D printed houses can be made for like $10k and in one day.

this is some fake reddit bullshit that doesn't actually exist

We're only recovering from 2008 mate

Unironically never going to make it

The housing market never crashed in 2008. It simple dramatically "dipped." Even post-2008 the housing market is way over valued.

You remind of a friend who had a threesome with a couple of 4/10 methheads and just would not shut the fuck up about it.

calling them locusts is unfair, they paid good money for a product. Where does the capital gain taxes go? Are they being funneled into infrastructural upgrades and etc.? Or are the funds being wasted so the citizens get no benefit from sacrificing their land?

Either way it isn't the responsibility of a customer

real estate crash, there was a thread earlier today

How lucky for them that they got to earn enough capital at the expense of the Western world's shit trade and regulatory policies only to buy out the now economically destitute's property from them. Fuck Chinks

Depends on your country though and your location. Las vegas saw the most brutal crash, while europe didn't really see a big crash in housing

>"wealth"

>The absolute state of burgers.
But Like Putin already said...It’s difficult to talk with people who confuse Austria and Australia

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A-frame GANG
Get FUCKED tiny house teenie bopper fuckos

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>build house
>sell it to chink for shitloads of money
>housing market crashes
>buy house

>over valued

You have no idea what this term means

I know exactly what it means. But I hope you enjoy paying 300k for a house that will be worth jackshit within the decade dumb fuck.

>t. locust

>Be chink
>Own the housing that will fare the best in any crisis because you've pilfered basically every profitable piece of property in urban America

The housing crash won't mean shit to Chinks. Walk through Toronto or Boston some time. They control basically the financial centers of America now. You won't be buying back shit from them.

Considering million-dollar homes are selling like hotcakes in every major Metropolitan still, you should get used to paying rent for the rest of your life buddy

>Considering million-dollar homes are selling like hotcakes in every major Metropolitan still

The growing cost of housing is not unique to the cities, idiot. Check your local listings dipshit.

Keep waiting for that crash kid. I hope you're patient

it's all part of the game we're just not smart enough stop blaming the player

You're right, Americans and Canadians aren't smart which must explain why high income Chinese nationals are scrambling to escape to Canadian and American cities. Definitely the mark of a superior people. Kill yourself, Chang.

>Keep waiting for that crash kid. I hope you're patient

It's going to happen, and the people who are going to get fucked are not the millionaire metropolitan real estate bastards. It's going to be dumb lower middle class cunts like you that bought homes on a bank loan.

Also, don't forge to calculate 2% inflation every year, and the amount of people living your country year after year.

Well first you need to ask yourself "Is there even a bubble?" From a global perspective there definitely is. Places like New Zealand and Canada have outrageous housing prices. But the United States isn't that overinflated. I haven't kept track of the numbers that much, but real-estate isn't in the frenzy it was in in 2006/2007. People have been talking about the "next economic collapse" since 2011. I don't get the impression that America has recovered its morale, although, the market has recovered.

You also have to keep in mind that it wasn't just a housing issue. There's nothing about houses specifically that creates massive boom-bust cycles. 2008's issue was debt. It was a sub-prime mortgage crisis. It was an economic anomaly because the debt used in mortgages was getting packed into new securities that were supposed to reduce risk. If you want to tell when the housing market with go down then look at the conditions of previous crashes, and compare them to the current market.

youtube.com/watch?v=GUdnrtnjT5Q

What's it like being this retarded...?

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youtube.com/watch?v=wCzS2FZoB-I
youtube.com/watch?v=5bW1vuCgEaA

i think the banks jsut made the best of a bad situation in 2008, and they purchased all those homes and accepted the loss.

they planned for the next few decades with that elverage. now they haord the homes, selectively sell and shrink the supply so that prices skyrocket.

jews always win.

I am

Instead of focusing on the problems why dont we start considering solutions:

1. cull population so there will be less demand for metropolitan land (accelerates white genocide)
2. subsidies (which never works)
3. better public transport so people living away from inner city can have similar accessibility
4. micro/nano apartments

3 and 4 are best. I think we will someday see governments building ultra compact, low-cost micro apartments that works like dorms. This sort of development will be classified as "infrastructure" and provides young professionals a way to save up for the short-middle term.

Just like all infrastructure, it will be government owned and may be funded by a mix of private+public funds

I'm sure these actually cost 10k. I'm sure I can pick up the phone right now with 10k in cash and have them come out and construct these. This is leddit futorology bullshit.

youtube.com/watch?v=k74rb7xl3aY

10 houses printed in 1 day

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Confirmed for HK or Singapore chink. You need to go back.

Austrian user here, I wait for a crash finally buy land.

Is it really Australia?

No, the real problem is the banking system and the loans that the goverment needs people to take out to keep the economy flowing. The goverment doesn't want cheap houses. Expensive housing -> people take loans -> people get in debt -> debt is modern slavery, you need to wageslave to pay your monthly debt -> good economy

Ah yes just like cuck faggot naysayers said about crypto years ago. You're clearly a visionary. Kek.

Great now who do I call to purchase these? Go get a quote for one of these 3D printed homes right now and get back at me.

Do you live in a major urban center with a good tech sector like most of Cali, Seattle, or Denver? It will never pop, thanks to immigration. Do you live in a more modest area? Maybe in another four years, we're not even close to exceeding the 2006 high.

you fucking brainlet there is no good or bad people, every country/ society sacrifices something

the issue isn't that chinks are buying our land, the issue is that we're not funneling the taxed income to good use. Restricting or criticising their choice to buy is uncapitalistic and inorganic

So you're telling me your average westerner can simply pick up the phone and put a 10k 3D printed home on order? Again, you're wrong as usual. If 10k 3D printed homes were currently a feasible prospect people wouldn't still be buying mobile homes. And crypto is still fucking nothing at this point. Even now it's not even nearly as "valuable" as it was last December.

apis-cor.com/en/
iconbuild.com/home

Here you go troglodyte boomer.

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>mfw gen z will never be able to own a house

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>the issue isn't that chinks are buying our land, the issue is that we're not funneling the taxed income to good use. Restricting or criticising their choice to buy is uncapitalistic and inorganic
I'm a believer in capitalism, but rent-seeking is not productive economic behavior, especially when it's one sides (good luck buying property in Chinkland as a white man without the local corrupt authorities shaking you down).

Good thing I'm not a capitalist so I don't give a shit.

Their existence in the Western world is inorganic. The rise of China as an economic superpower was an inorganic creation of Western bureaucrats flushing out their own industries.

>t. cletus staring at magic picture box

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It is fucking Australia and the user who stated Austria is a complete dumb and retarded burger

These are both fucking startups lmfao. They have no working product except for concepts. Again I see no evidence that these people can construct me a 10,000 dollar home.

Sure, Redditard. Now tell me about water powered cars next. Be sure to post some buzzfeed articles on cancer cures and the latest Elon Musk space elevator to Mars.

Are you surprised on a website where eight months ago all it took was a logo, a stock website template, and some kind of new paradigm in order to raise tens of millions for a shitcoin?

We can't just get up and overthrow the system at the moment so the micro apartments will still be needed

people are literally paying over 25 percent of their income for rent you need a temporal solution for them to save up cash quickly

Wait..... paying 25% is considered much?

Most people would be happy to only pay 25% of their income for rent.

yeah, this it's about 40 - 50% here

>happily wageslaving 1-2 days just to sleep at a place you don't own
>doesn't care that he is effectively diluting his effort and time
most people are fucking idiots and it is precisely the same idiots that allows such ridiculous prices to continue

same applies to 2008 crisis - it's not just the bank's fault and everyone's playing the same game. Greedy "normal" people actually thought they can get loans with minimal interest rate at no repercussion. Fucking idiots are part of the problem yet they have the luxury of being hypocritical because of ignorance

I think the fiat bubble is popping. That's why people are willing to pay such high prices for crypto/stocks/real estate.

What would you advice a young guy who needs a place of his own then?

Well, who is teaching these people? Shaping their opinion? Telling them what they can do / should do?

95% of humans are fucking stupid animals not able to think for themself, only doing what they are told to do by politicians / media / celebs.
And who is controlling these people?

Yes, the issue is stupid people.
The bigger issue is those enabling these people to be as stupid as possible.

It’s not even a bubble it’s just supply and demand the supply of housing can’t continue to increase forever but the demand constantly will be as population grows.

a badly executed (but still conceptually sound) example is WeLive, except that they don't really solve any affordable issues. They're the prime example of an overpriced experiential product - people pay for useless shit like fucking community yoga events/buffets, designer stylized rooms and lobbies and etc.

Yet from a profit standpoint it is the most efficient model as you get more people (~7-10) sharing one kitchen and living spaces, which means less wasted space and allows the dev to make rooms cheaper without sacrificing profits, therefore no subsidies will be needed

so now we have two fundamentally different ideologies and both has their own merits (there is no wrong or right answer)

1. most people are dumb and cant be saved so I should take money from them and put it to good use
2. most people are dumb but idiots can be made smart so we should try to educate the masses

or

3. 1 and 2 are both correct so we should try a little bit of both

This guy gets it. There is still plenty of land available but NOT where people want to live. Most major cities still have room to tighten up. All of these people living in 1MM person cities in houses just outside their downtown areas don't realize eventually the fate is every city becomes Manhattan-like where everything is an apartment complex and if you hold onto a house for long enough it becomes worth an insane amount of money. The Upper West Side used to be POOR people who all had their OWN browstones. Those are now worth $5MM+ each. Some more than $20MM. You may not get to experience the true boom of your city in your lifetime, but if you own a large piece of property within city limits of a large-ish city, I promise you in 50-100 years that is going to be worth so much more relatively than what you paid for it, even considering inflation. Population growth is not slowing down, it's speeding up. Cities are growing at exponential rates. Housing will not get cheaper, it'll get more expensive. Cities will continue to sprawl out and we'll continue to develop further and further outside city limits. The only real question is considering how quickly we're destroying the Earth, will we all die or populate another planet before we even get close to peak capacity?

Dude that's like literally only 3k

Are we supposed to be impressed?
Put it back under your mattress sonny

You're get gonna fucked bro.

The market never really corrected in 2008 because we kept the interest rates artifically low for a decade afterward just to keep the bottom from falling out. In the next correction, we're not going to have that magic bullet to fall back on again.

To add, in my home state banks held on to all the properties they foreclosed on so as not to flood the market. A house in my dad's nieghborhood (all 500k+ houses in an area where the mean home price is $150k) sat vacant for 8 years, and those only got bought up because flippers started operating again in this bubble.

Your home probably won't go underwater but it will only be worth what you paid for it in nominal terms.

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blaming chinese is what fat white red state people believe much like not taking vaccinations then wondering why their kids die of polio.

the truth is land is finite and population keeps increasing therefore the value of land will increase plain and simple...in the most desirable parts of the US its goes up in value faster....in shitholes like the midwest value increases very slowly and in some cases actually drops....anyone can afford a house if theyre willing to live in a shithole like Oklahoma or West Virginia

This guy is right. All this crap is pie in the sky nonsense. Building the actual house is relatively cheap. You can get prefab or 3d printed or even just park a mobile home there if you want. The problem is none of this is actually available if you go try to buy it.

What if people set up a sort of real estate co-op? Like how people can form a credit union to compete with banks. A bunch of people could all pitch in money and buy a scrap of land, then put a bunch of cheap houses on it. The profit motive would be gone so it wouldnt cost 400k, but because the members have a personal incentive they would still put in the required effort to make it a decent place to live.

Property tax is supposed to make house hoarding unattractive. Maybe we need to massively raise property taxes on any entity that isnt a person.

If nobody wants to buy and everybody is waiting it means sales are going down, prices initiatly rise to try and make up for the lost revenue. The moment there is another panic moment it will crash really hard since buy support is already non existent

That stupid meme bubble chart taught me more than I ever thought it could.

the thread was about australia. I tried to be funny. anyway, I hope that the prices also come down here in austria, however I'm not sure if that will happen. the prices are still relatively moderate and there are no real signs that the prices will drop. I think the only hope is an interest rate increase.

3D house printing and when millennials will settle in their very own cities.

Its subjective our society favors type A tho, then again skill and intelligence is arbitrary. You get lucky and have good genes. Which does not mean you "deserve" it. Never the less since you can make the most use of it you will get it.

Type B falls for the same thing as type A you get lucky and are born with enough skills of fortune to make said flute. You do not "deserve" it, although a certain percentage still needs to be yours else you end with communism where talented people/rich people do not try. They do need to be rewarded more then the lower class of society to continue to perform.

For type C it is somewhat fair to sometimes give them the flute they where born with little skills/fortune/intelligence. If we want to have a thriving society everybody needs to have their basic necessities fulfilled at least.

And as such we literally end up with our current system:

Child B makes flutes (gets taxed for some amount of flutes), Child A performs well gets a flute and continues to do well due to her good genes and contributes to society. Child C is also given a flute (sometimes) to maintain a minimum (happy) living. And so our society is balanced out a bit.

Its just all part of larger system, there is no one "true way". All these children are correct in their statements. So for the greater good of mankind we must make sure everybody gets at least a bit of their ideology.

>Tfw when your rent is only 10% of your monthly income

Get on my level brahs

The solution is to give child B the flute.
If they made the flute by hand then it rightfully belongs to them.

people tend to visualise B as workers but it can also be seen as employers/ rich people

>crypto shit the bed so rubes on Jow Forums found another asset to pump

home ownership fucking sucks
any surviving houses today lack any semblance of architectural style, made of literal fucking garbage, and are built to last 20 years before splitting apart like a banana
on a $200k 15 year mortgage at 3.875%, which means you will pay A THIRD OF THE PRINCIPAL in interest to the kikes at the bank, while historically homes return about 1% real annualized, compared to US stocks 7% real annualized
factor in ridiculous property taxes and the occasional cash for a blown water heater and that makes one massive piece of shit investment

if you want to invest in real estate, tilt your portfolio with REIT's, fuck being a landlord and fuck trying to manage any kind of property
people buy a primary residence because they are having kids and need bedrooms and bathrooms, they're made for that purpose and basically anyone who advocates real estate investing always ends up being some fucking sleazeball hillbilly asshole who's never read a book

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Current prises is for rich people, but rich people cannot replicate itself as fast as houses builded, land still have enought at this moment, giving credits to poor people not worck, millions of empy houses will leak on marked or will be rebuild into shitholes for poor people and sold low

>if you want to invest in real estate, tilt your portfolio with REIT's, fuck being a landlord and fuck trying to manage any kind of property

Have 6 rental properties. 3 that I remodelled myself.

Have read Antifragile, Meditations, 12 Rules for Life & Mastering the Transition to the Information Age in the last 8 weeks

A-frames are like the bitcoin of housing, and right now we're in 2009.