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re: The ‘growing crisis of the young American male’ could send home prices falling for years
Posted on 4/3/24 at 10:47 am to Saunson69
Posted on 4/3/24 at 10:47 am to Saunson69
quote:
Housing prices shot up way too high compared to average salary, there really isn't anyway it can stay high if people can't afford it. It will always have to bend back to what people can afford or companies/people that own houses will just hold onto houses, paying bills, and getting nothing for it.
you are assuming that we are still living in a normal, capitalist country in which supply and demand follows basic principles. we now live in an america where if someone cant afford a house, they are being oppressed. or if they arent able to pay their note, they are being oppressed. also, who's to say they wont just do the same thing that the auto industry has done, which is just offer ridiculous financing stretched out over a zillion years so that every fricking moron making $25k a year can buy a brand new F-250?
we live in clown world now, where up is down and down is up. i have zero confidence that the housing market will self-regulate back to a more normal status. the federal government nanny state is just itching to start offering "home loan forgiveness" so buy more votes.
Posted on 4/3/24 at 11:41 am to Sam Quint
quote:
we now live in an america where if someone cant afford a house, they are being oppressed unless they’re white. or if they arent able to pay their note, they are being oppressed unless they’re white.
FIFY
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