So what's going on with housing lately?
Every major city is suddenly getting bought up/gentirfied by tons of investors all at the same time. Thought it was just an isolated thing but apparently it's happening all over the world. Business are getting hit with increased taxes as well.
Who's behind all this? When did it start? What's their end goal?
Yep tons of foreign investment
Rich Chinese buy in Canada to hide there money from the Chinese government
Yep, rich chinks buy property because its one of the only ways to move money out of china.
Did every rich fuck get together on some illuminati shit and decide this was all gonna go down now? How does it work exactly?
What about the people losing their shit left and right, what are they doing to do? Is the world to be a corporate Disneyland? Not everyone is gonna be able to afford the price hikes and condos. Won't this cause violence?
In some areas it's Chinese. In America it's boomers buying the dip and things recovering and Chinese shell companies.
>tfw just got my project funded by Chinese VC's.
They're throwing money left and right. Makes me kinda concerned.
Everyone who can is buying real assets before bitcoin pops the money bubble in order to then sell those real assets and get the new currency
zero bound interest rates are juicing the markets to the MAX.
This. The housing crisis of '07-'09 was a test run.
The diffference is they now have foreigners completely outside the system and unpunishable and unrecoverable. So, before, they had an excuse to bail out the banks because they were citizens. Now, they can't and there's no excuse.
RIP.
>They're throwing money left and right. Makes me kinda concerned.
Exactly. What's going on? Any conspiracy theories out there?
Yes and I saw this four years ago and started buying as fast as I could. I managed to buy three properties with seven units total. The financing is still really cheap but the prices have bumped up significantly. These faggots buying Bitcoin should have been buying real property instead. Playing the currency market will end in tears for most of them.
No. Millennials already glorify living in tiny house cucksheds and having nothing to help fight climate change.
They'll fall right into line.
That feeling when leftist lies actually help justify the worst shark tendencies of capitalism...
Real estate was undervalued in the USA. The prices remained flat since the crash in 07 while everything else went up significantly. We have to see a thirty percent bump before we get to a properly valued market. With the cheap financing everyone should at minimum own their own home.
>Every major city is suddenly getting bought up/gentirfied by tons of investors all at the same time.
It's the Chinese. 25% of our housing is bought by them. One of our Senators was caught taking donations from the Chinese government just a week ago.
What the fuck are you talking about. Real estate is overpriced in the USA.
China is a huge country and has created a huge upper middle class in last decade or two
So massive that our auto industry has made a massive push to sell tot them and they're now outsourcing cheap manufacture to Africa.
Ahhh, the circle of life.
Massive outflux of Chinese from their home country. if they were lucky enough to have land in the right place, they can sell their shitbox Chinese house for literally millions of dollars and buy housing cash in the US. For whatever reason, they have no desire to stay in China despite it looking like the world's next superpower.
It's just money fleeing socialism/communism. Happens every time, but now with diaspora everywhere and better communications it can happen on a massive scale.
Real estate finance user here - big leagues. There’s a firm called Blackstone run by occultist Ashkenazi Jews that is slowly buying up all the real estate in the US. A large portion of the equity they invest comes directly from China.
buying up other countries. this is how spheres of influence develop now
Full house of truth
but i thought socialism was so great
who audits the yuan supply? what stops China from printing infinite yuan and sending faggots out into the world to buy property on behalf of PRC?
Additionally, China is also buying up massive swaths of farmland in Anerica’s heartland. These people are NOT stupid and know exactly what they are doing. China has enormous influence over politics - see how well Hillary was funded.
You need dollars to buy in America. If they start printing yuans no one will want to exchange them for dollars
So they're basically buying our country.
Does nobody care about this? Is there anything we can do about any of this at all?
Nothing. However, we do the same exact thing while propping up the dollar through the petrodollar arrangement with OPEC (enforced by our aircraft carriers and combat drones)
Don't forget the subs that patrol the world.
we're selling it.
It's not necessarily bad. They are giving their money for real estate but they can't take real estate out of the country. Right now it looks like a good investment for them but it depends what happens with the prices -- we learned that they don't always go up
All you can do is buy local, use credit unions or local/regional banks, and refuse to buy any goods from China. I never understood why my redpilled grandparents hated China so much until I got high up the pyramid in finance and realized their acquisition creep of prime assets.
No we aren’t. (((They))) are.
>just got my project funded by Chinese VC's
what project?
and disregard any NDAs, my curiosity is more important
>our country.
This.
The Boomers have nothing left to hock other than their housing market.
Wrong. This gives them greater and greater influence into politics - both at the Federal and local level. All of the cashflow from the assets now goes directly to the China Communist Party.
>When did it start?
It started with leftism.
Leftism: A system of theft
I've never seen this man kikes in New York in my life. They're like parasites.
My impression is shit-tons of crime cash coming through sleazy developers and easy easy easy loans for jews who mastered the paperwork.
Then you get a "bubble," which is a cute media word for a social/financial disaster and bankruptcy for all the lower-level owners like petty investor baby boomers, etc.
You have no idea. Right now their newest scheme is to aggregate RV and trailer parks and sell them off to groups like Blackstone as a portfolio after jacking up rents through the roof. (((They))) look for opportunities where renters have no choice but to fork over higher and higher rent due to supply constraints.
Literally all I want in life is a one bedroom apartment under $500 a month here in Maryland. Why god, why did I have to be born in Maryland, this liberal shithole, why.
NDA's are to my clients, not to my benefactors.
Nothing particularly interesting, just some milling machines, plastic injection &molding, pick and place machines, wave solderers, etc for US manufacture of low volume production.
As for funding, I tried digging into it and it was holding company owned by a vc company owned by another holding company, and it seemed to go even further than that. There's a city in California that has nothing to it other than shitloads of HQ's for these shell companies.
Elementary but correct. Terms you need to understand if you want to fully learn how fucked it really is -
1. Securitization
2. “Non-recourse” loans
3. Fannie Mae and Freddie Mac volume
>Fannie Mae and Freddie Mac volume
>those two names
They piss me off massively. I don't even understand why they exist, or how did they come to exist.
give me the name of the vc company
But my thing is sure there's a few people who can afford to pay their greed but not everyone can. There's so many luxury buildings going up, they can't possibly fill every single one of them up can they? Won't they be eventually operating at a loss? Am I just a poor cuck?
Another but same thing I don't get is the rise up hipsters and their bullshit stores. How many $40 organic candle stores do they need? Aren't they destined to fail as well? All this shit is becoming as common as white t shirts.
They exist because our government decided we need to end the homeless problem, and forced banks to give out home loans. All this did is gave people a mechanism to over inflate property value and flip it to the next scrub.
Clinton’s have deep ties to them - all a big welfare scheme to enrich their (((masters))) in Manhattan and Los Angeles.
In Canada it is Chinese investors trying to get their dirty money out of the country.
In the USA it is the result of government regulation. The government benefits because it keeps intelligent and capable people in debt. It's the same reason nothing will be done about student debt, they want the most productive to work 40-50 years and there is no way to ensure long working years if people can save and invest.
Consumer goods are all much cheaper, even food. Without government regulating housing, education and medical care prices for these would be lower too, allowing people to save up, retire early, or become single income households like they were in the 50s.
Prices in Australia are becoming fucking insane. $1 Million for a shit box. You have to travel 3 hours out of the city to get a decent price. But you still have to work in the city to get a decent wage. The Chinks are buying up a lot of land and they are paying off the politicians.
Look up the prices for a ROOM or a studio in New York City right now
that reminds me of that fucking bitch who used a bunch of chinese investors who bought up commercial property in my city and then went back to china and the city with the bill and they ended up jacking up our taxes to make up for it
This is a good place observation. Look at the home ownership rate in America - dropped like a rock over past 25 years. Boomers are moving to apartments in droves because yields are down and they can’t live off fixed income. Certain markets will be overbuilt for sure, but I get the sense that (((they))) are preparing for something - maybe universal basic income or mass immigration.
It’s called the EB-5 program.
unironically, the solution to this problem would be for the gov't to seize all of these and nationalize housing. Its all a set up.
precisely what it was
this is all soros doing, that motherfucker controls CHINA and macau
Google “rehypothection of capital” if you want to understand just how fucked the global financial system is. It’s a massive Ponzi scheme fueled by the central banks endless money printing and QE.
House is on the market atm and all iv had through are Chinese families and white gen X yuppy developers.
Whites are fleeing the city in droves atm. Property taxes just went up alot and they were already costing a fortune. They are putting an 11 cent tax on petrol and its already over 2$ a ltire.
Its just becoming to expensive, even for whites who are worth alot.
This is what neo liberal governments do tho.
The elite bloodline families control China - Warburg, Bauer, DuPont, Rothschild, etc... they are allied with wealthy Chinese families that are harder to track down.
Bitcoin is booming because the financial elite are liquidating and laundering all of their hidden assets. The money is then being reinvested - housing and entrepreneurial endeavors are the two main methods.
btw the Chinese people iv had through were westernised and were more racist then I was. They don't want their kids around darker people at all and wont even look at your house if they know too many of them live near by.
When whites are gone, i somehow dont see the Chinese putting up with the monkey peoples bullshit.
Almost like a republic that existed for a while, in a country in Europe.
All a strategy to implement universal basic income subject to complete obedience to government imposition and eventual Communism.
>Bitcoin is booming because the financial elite are liquidating and laundering all of their hidden assets
No. It's always been Chinese people throwing indiscriminate amounts of cash at anything that they can. Crypto was no exception. Had this been the late middle ages, they'd be buying all the Tulips they could.
>they stole my wheelbarrow, officer.
Something's definitely going to happen but how are they going to profit? If it's bad now imagine years into the future. Eventually everything is going to be automated, millions of jobs will be lost so who's going to pay for what?
I'm sure rich foreign fucks will blindly throw money in memepartments just to get away from over crowded China and the like but what are the rest of us going to do? Is this preparation to the whole new world order conspiracy shit where the vast majority of us get killed off (((mysteriously))). The world's already over populated as it no way there's housing and food for all of is.
Kill off Hong Kong, the money laundering centre for China. Housing prices in Hong Kong: 221 sq ft is worth 8M HKD, which is about 1M USD.
>lately
>he knows nothing about basic economics
China is making bitcoin illegal because they have massive cash and asset reserves and bitcoin is a direct competitor to their currency value as they were recently on the precipice of pegging their currency to oil and bypassing the petrodollar. I imagine a CIA shill would want really badly to psy-op the online world and make sure they think the opposite.
They've been building condos like crazy where I am. Just worried it will flood the market and drive prices down. I just got the house a few years ago
>thread is extremely active
>post truthbomb
>thread dead instantly
That's another thing, where did all these yuppie pricks spawn out of? They're some of the most entitled cunts I've ever seen in my life, even the rich whites can't stand them. What do they do to afford all of this? Why are there so many?
I find it funny there's so many rich hipsters attacking at the same time. They're not this rare breed as they used to be.
Chinese speculates in the US housing market like they do in Hong Kong. But the US isn't like HK. HK has no earthquakes and hasn't been threatened by major typhoons for decades.
I believe the big one will come sooner because the money Chinese official spent on Californian houses or any other EB5 apartments are from the blood and sweat of ordinary commoners in China.
Americans hardly ever see outside their immediate surroundings. Five years ago you could get pic related for a dollar, and if you where well connected work out some kind of amnesty for taxes or get someone else to take the hit.
Prices are starting to pick up. Now you can get for five dollars.
China isn't the only one wanting to bypass the petrodollar, but good research you've got there. But I've found that's always Chinese/Wealthy SEA that funnel fund out of their regions. May not be much per chink, but god damn there's a lot of them.
Corruption. Even the lowest-level official in Guangdong can afford to buy 2 houses in "Latino communities" in California.
>they'd be buying all the Tulips they could.
Is it too late to get in on this Tulip market?
About four hundred years too late, but hey, even a dead cat bounces when it hits the floor. Any time now, tiddles.
but they only have a market cap of 15 billion dollars. how the hell could they have so much influence, it makes zero sense.
>hex eyes
>big lips
>nice tits
Could it be...?
Inflation, for one.
Globalism moved jobs outta small towns and cities always work.
You rack disciprine, and while whitey was enjoying the middle class life and the blacks and mexicans were being poor, the chinaman saved money, built credit, and invested.
idk just some theories
*cities always have work
It's been going on for years, ever since the housing market crash. You've essentially got two different groups - foreign investors and upper class amateurs. Both have been doing the same thing in medium-to-large cities for the last decade, buying up cheap single-family starter homes and converting them into overpriced rentals. By buying up all the affordable property they basically make it impossible for young adults to do anything but rent, and they make a goddamn fortune.
Who's behind all this?
>Clinton allowed China to join WTO in 2001
When did it start?
>China started money laundering in Hong Kong after spreading SARS in 2003. After financial crisis 2008, Chinese started speculating in real estate in the West.
What's their end goal?
>Get back all the money China earned when she was the sweatshop for the world. But only the 1% can get it all back.
I heard it was corrupt CCP officials buying homes overseas in USA and Canada to launder their grafted money and skimming which could result in the death penalty by Chinese laws
Undervalued my ass! Nowadays you can't even get a 2 bedroom rambler for under $600K since some jackass snapped it up during the subprime crisis, put chrome appliances and a marble countertop in the kitchen and put hardwood flooring in the rest of the place and jacked up the price $250K on the basis of $40K worth of DIY mods
Not now. In the early 90's, they did punish officials for corruption (usually victims of power struggle). Even Xi Jinping's relatives are speculating in real estate in Hong Kong and in the West.
Her names Sarah McDaniel she did the first non nude cover for Playboy
Everything they 'own' is financed. Yes, everything. Even their toasters.
These people are the most shortsighted profligates you will ever meet. I would know, I deal with these ignominious cretins all the time at my job at a canadian financial institution. I can see all their liabilities. They think they can afford 500,000$ houses and 70,000$ cars. Sure they earn a decent salary, but all their income is spent on depreciating assets, loans, consumables, and mutual funds/ETFs. Side note, never buy funds as 80% are a complete scam. The banks will own the yuppies by the time they turn 50.
You sure? I could have swore I read some article in the paper a few months ago about the CCP killing a few busted officials for corruption on live TV to set a warning for the millions of other CCP bureaucrats up to similar hustles
there might be 30-40 million millionaires in china.
it happened in canada and australia first:
>3bedroom house in 2000 80-90k
>3bedroom house in 2008 200-250k
>3bedroom house in 2017 700k-900k
will happen in america also, over the next 10 years china's gdp will go from 11 trillion to 22 trillion.
Careful there buddy. Don't wanna get into a horrible gun cleaning accident.
Those are losers in the power struggles. I personally know a guy whose father is a lower-level official in Guangzhou and he got 500K USD from his father around 09 and 10. He bought two houses in "Latino communities" in California.
>Did every rich fuck get together on some illuminati shit and decide this was all gonna go down now? How does it work exactly?
Yeah that's pretty much what the Federal Reserve did for the past 8 years. Printed up trillions of dollars at 0% interest and gave it to their elite buddies "to save the economy" lol. Just inflated prices as they bought up all the financial assets with free money. Now they own everything.
>whore.jpg
Who is whore
learn2omhsearch
>For whatever reason, they have no desire to stay in China despite it looking like the world's next superpower.
A lot of people like you don't understand the situation in China. The popular opinion you share is that the Communist party "Gave up on communism and converted to Capitalism" or some shit. That is wrong.
The truth is that the Asian Communist Parties originally thought decades ago that Asians could skip Capitalism in the progression from Socialism to Communism. They thought only stupid individualistic Europeans had to pass through Capitalism.
So they tried to skip it, had a lot of problems, and realized that mixed-economy systems like America was developing much faster than full Socialist countries were.
So what the Communist Party of China did was to create a Capital class for themselves. They established programs and education and institutions to train a class of capitalists to speed up development of production to grow the economy. The point was always that after they grow enough they will just go back to full socialism and then communism.
Any one with money in China who has half a brain and understands what is going on is smart to get as much money out of China as possible before the Communist party decides it is time to nationalize everything.
The thing they don't seem to understand though is that America is also a Marxist country, and the Federal government will nationalize whatever it needs and do whatever it wants to the currency to maintain power. The deep state is only slightly less Marxist than China's ruling party.
It's a common knowledge in Hong Kong. American and British gave back Hong Kong to China so that China could copy everything from the city-state. After Tiananmen Massacre, American didn't take the chance to end PRC. Instead, during Clinton era, US even let China get the "Most Favored Nation" status and even let the country join WTO. In the end, China got rich because American consumerism and American become homeless as relatives of Chinese officials bought US homes at very inflated prices. How stupid is that?
Unironically this. My step mother was a Chinese Dem voter but hated nigs with a passion.
Gentrification is a great thing first off. Secondly, you are cancer to think otherwise. As far as higher taxes go, its a commie plot to keep the people out who would fix up the neighborhoods. The commies want urban meadows you commie fuck. Think about it.
That's because they have no word for blacks. To them they're literally ghosts.
Wonder who's behind this post