Can someone please explain to me why Housing prices are going up still when millennials aren't buying homes?

Can someone please explain to me why Housing prices are going up still when millennials aren't buying homes?

Because apartment living is skyrocketing so hard that if housing doesn't rise as well in just a few years it'd be cheaper to have a mortgage than rent. So housing prices rise to retain the status quo and because they can.

Globalists are using them as a store of value

I would buy a house right now if I wasn't in medical residency. Unfortunately, there's no guarentee i'd be staying where I am hence no reason to buy.

Because oligarchs, Arabs, Chinks and Boomers can still pay those prices.

Just one more thing our leaders have sold the common people's interests out on.

China

Not sure about the rest of the country but all the luxury condos and homes here in Miami are owned by foreigners who don't even live in America.

Foreign money is pouring into the "hottest" real estate markets. Chinese money in San Fran/Seattle/ and Vancouver. Colombian drug money/ Hue money in Miami ect

You should only be allowed to buy property in the country that you reside in.

The value of real estate rises much faster than the rate of return of other investments, because interest rates are low.

Wealthy people from all over the world buy real estate in hopes of fast value gains, driving the value up.

Possible countermeasure: raise interest rates, but that will make many people and corporations default on their debt.

didn't think that one through, did you?

Mason homo psychopaths are all over the rental market in the UK, quietly farming people. The housing market is rigged in their favour, to give them people to exploit. They want the feudal system back, if it ever went away.

Foreign money, Boomers with their 2nd rental house, construction slowdown since 2008, and migration into urban centers

Because people flip homes as a job so they just keep buying and buying anything that becomes cheap to renovate and markup. Worst case is they just rent out the house. In the end there are enough people doing this that they have a collective monopoly on the market and you will pay them or you won't own a house.

Plus owning a house is an expensive anchor etc.

...

Jews

Mainly because the Federal Reserve Reinflated the housing bubble. We are at EXTREME over valuation at the moment.

Historically speaking a house was 1/2 your yearly income.

Today they are quadruple your yearly income.

Keynesianism and central banking are designs to destroy and control countries and their people.

This. I actually own a house and have a mortgage since the mortgage is half the price of an apartment per month where I live.

They got to get rid of those Derivatives somehow.
Be a good Goy, and go buy a house...

Mr Wong, Mr Patel, and Mr Feinstein own the market

...

When you eliminate the income tax and put taxes on luxuries and properties owned by large businesses so the only taxpayers are wealthy people, yeah FUCK the taxpayer.

You forgot Mr Mikhailov

Gold standard WHEN

Do stupid to really respond to.

Immigration and old people living until they are 105 years old.

/thread

Our only chance is gone.

money printing

Jews and boomers.

>less brought = less built
>less built = less sold
>less sold = less brought

Imagine if there was just a relatively free market unregulated capitalism.

Home-prices would actually get lower gradually over time

immigration, dhs flies in rapefufees and they buy homes on our tax dime
just like gibs to niggers, this is another example where taxation is genuinely theft of the worst degree

Under what conditions will there be a property market decline?

Different kind of wars, including cultural where regions are flooded with sand rats

The main problem is outsourcing, this is just a symptom. I have a business sewing clothes for the italian market, and the ones I have contracts with buy 2-3 houses in Italy, while they stay here almost the entire time. Those jobs that are outsourced here take away from the italian public, while adding little to mine, because of the poor pay everyone gets. I pay my workers 1.7x the minimum wage, while almost all others pay below that. So This creates an imbalance, where people have the stuff but can't find work, and it creates rich people that just buy stuff thus raising the prices

I'm sitting here hoping for a recession. Fuck buying a house at these prices.

Somebody is ;)
>rent jew

The other recession is going to K.O the entire western civilization mate

>when the china bubble finally pops
>when boomers die out
>when automated vehicles make suburban living attractive again

Well I definitely don't want to buy in that case.

So you vote labor for more Arabs and Chinks.

That's what happens when you deviate from the gold standart mate. It's like getting fat step by step, you like the food but you don't really notice you re getting fat, or don't care cause you like the noms you're getting, until one day you die of heart attack.

recessions are overrated

>depopulation is in full swing lads
The Culling

Central Banking
That's literally the only reason anything sucks in any economy nowadays.
They are the root of all economic evil.
Currencies are just their playthings.
They have no real value.
The state produces fiat currency to fund itself and enrich cronies, which creates inflation and bubbles.

because the banks and private equity companies have made the housing supply artificially smaller through a practice called warehousing. In addition to a practice called laddering where the sale of one home can "impact" the price of 100 other houses. home A sells for 50pct increase, 100 other houses are marked as having property values that have risen by 50pct

its like when a store owner has 100 widgets in inventory but only puts 3 on display. he tells the customer, These are the only 3 i have. so customer buys one at the asking price thinking the supply is short.

...

I was hoping for an economic collapse more israeli user.

...

checked

We have a solution

Millennials may not buy, but the (((real estate investors))) do.

Why maintain the status quo? If more people move out of cities, the more likely that factories will return to abandoned areas.

we have a solution

Low interest rates make money in the bank useless, rich people speculate in real state
(((banks + real state))) nothing fishy
Buy houses until the interest rates go up again. Meanwhile rent for a fortune with the excuse that real state is very expensive at the moment

People will always need a place to live.

sounds like he was waaaaay too ahead of his time

>Big chunk of working population dying
>Not an economic collapse
How do you think wealth is created? By jews passing money to each other and giving you some bread crumbs. NEETS really

good post.

"belong equally to all" literally don't real.
By that logic, I would never be able to live anywhere, because I would be taking space (land) that other people have as much of a right to as I do.

Millennial fools with tens of thousands in student loans have no patience. They get an apartment they can barely afford and have no savings. The smartest thing is to establish a career, save, and buy a house.

dont worry its an endless cycle, just hope you have enough money to buy a home when the prices are very low again

Your boy Corbyn had a Land Value Tax scheme in his platform; not sure how far it goes but the idea is starting to pick up steam again

Riddle me this batman, how can you save when paying off student loans and paying for rent, car payments, etc

no faggot you could live any place you wanted provided you could pay the land rent. Just because the community gets the rent doesn't mean you cant put a fence around your trailer and have exclusive access to your land.

read pic related georgism=/ socialism

Obviously you'll have to pay the loans. I'm talking about living with your parents for a few years and moving out by around 28. That's my plan, but it's common for people who grew up in Italian-American families. Maybe it isn't for others.

Chinks and (((them))).

What if you can't live with parents?

Not so easy now is it?

And for the record I'm 28, just finished my mba and will be living at my parents until 30 to save up but not everyone gets the same luxury.

The boomers fucked us and we shouldn't forget it.

Same here in Seattle.

And who sets the rent rates? The state? Fuck off, commie.
"it's not socialism, I SWEAR"

But isn't paying property tax similar to the rent idea?

It is due to expansion of the money supply.

In other words, the three heads of the beast: fractional reserve lending, central banking and a fiat currency.

When your 401K isn't doing shit and you have to have something to live on you have to do something. Despite the headaches, rental property is the only game in town for common folks.

>rent rates?
The property value does, based on the market. It's stated in the first quote.

Obviously it wouldn't work for everyone. But I'm talking about the plenty of people who have the opportunity to and instead ignore it just to live big.

Zoning restrictions keeping the housing supply artificially low.

I still don't understand how someone can trust an entity with the monopoly of violent force to fairly handle other people's violently-extracted property.

>And who sets the rent rates? The state? Fuck off, commie

The market, hence not communism; did you even read the picture?

Marx was a contemporary of George and despised him. He even called Georges ideas "capitalism's last ditch"

I think you could

Same in france, russian mafia or chineses

Inflation through quantatitive easing. Your money is worth fuck all and the rich are using it to buy land.

He literally said paying for rent keeps people from saving, you nigger

My landlord owns 18 homes in my town. I have good credit, my wife and I make over 100k combined, and we have enough for a down payment. Every decent home that comes on the market landlords pay cash for and then rent out.

Did the old guy inherit it from his great-grandfather and can he prove it though?

>monopoly of violent force
>people's violently-extracted property
seems like violence is the only true entity

p.s. not libertarian and only wanted to post my webm

No "right wing" says you shouldn't pay taxes. The "right wing" just wants to make sure you aren't trying to steal everything from people who work harder than you just so you don't have to fucking work yourself. If you want to make a point make a point that actually makes some fucking sense.

What we already have is unregulated capitalism.
The kikes who run it are not being regulated, they just pretend to be.

1) His great grandfather claimed unowned land and passed it to his children. The owner has legitimate title to it, whether or not your NEET faggotry disagrees with that fact.
2) No one is forcing you to rent on that property. You could find another property, or buy your own property. Forcing someone at gunpoint to pay to live in a nation, do business in a nation, etc., whether or not you have legitimate title to your property is quite a different thing.

Hm no sweetie. Here interest rates are ridicously high, like 12%. Rent is always half the price of mortgage. Idk why people keep buying desu.

According to royal libertarians, land becomes private property when one mixes one's labor with it. And mixing what is yours with what is not yours in order to own the whole thing is considered great sport. But the notion is filled with problems. How much labor does it take to claim land, and how much land can one claim for that labor? And for how long can one make that claim?

According to classical liberals, land belonged to the user for as long as the land was being used, and no longer. But according to royal libertarians, land belongs to the first user, forever. So, do the oceans belong to the heirs of the first person to take a fish out or put a boat in? Does someone who plows the same field each year own only one field, while someone who plows a different field each year owns dozens of fields? Should the builder of the first transcontinental railroad own the continent? Shouldn't we at least have to pay a toll to cross the tracks? Are there no common rights to the earth at all? To royal libertarians there are not, but classical liberals recognized that unlimited ownership of land never flowed from use, but from the state

>why do prices keep rising if millennials don't buy homes

Because other people are buying the houses, idiots.

That's literally all there is to it, there is no conspiracy.

>b-b-but rent prices in p-popular cities k-keep r-r-rising
Again, because people will pay... that's it.

How retarded do you have to be to not see this.

>using state granted privilege as shield to skim unearned income off the backs of productive peoples

>posting ancap memes

nigger just admit it your only into ancap because you like the color scheme

>Every decent home that comes on the market landlords pay cash for and then rent out

This is wrong, almost zero landlords/anybody buys a home up-front with cash. Interest rates are so low that if you pay that money up front, you actually just overpaid, because the price of your loan essentially decreases from inflation.

It only makes sense to invest in 5 down-payments with that capital, and saving money over the course of 20-30 years, than blowing it all on one house.

Because the jews are manufacturing a market crash.

No you just pay your tax to keep other people off of it.

State granted privilege? What? I'm arguing that dude who claimed unowned wild land has a right to pass it down title of that land to his kids. What the fuck does the state have to do with it? You're talking about giving rent to the state to divvy out to everyone and question my anarchism?

also how is rent unearned?? You're giving the person somewhere to fucking live, you insane person. You're maintaining the property. It's a voluntary exchange wherein both parties end up better off. RETARD

The problem is none of you are classical liberals. Classical liberalism is capitalism and is also the belief in personal liberty over government which means minimal government and the responsibility of the individual to provide for their own well being. The purpose of government in classical liberalism is to protect individuals from each other. It also concludes that labor itself should be promoted with financial reward and social assistance should be limited.

ALL of this is ENTIRELY opposite of current liberalism. It is ALL more common with conservatism.

I think it's just because there's more people out there who have money and they're simply spending it.

It's not the 1% doing it, housing is pocket change for the 1%. I think it's more so the top 10-15% of earners who are causing the issues. They've got enough money to live in a comfortable 4-5 bedroom home in a nice area, and they've got plenty of money coming into to continue purchasing other homes.

So unless you're in the top 10-15% of earners you're basically not going to be competitive in the housing market and will be forced to rent or live with your parents until you can save a huge down payment or to buy a house outright.

mass immigration the government buy hundreds of thousands of homes to house illegal immigrants