Unless you're sitting on a mountain of cash, why would you want to laden yourself with a mortgage when WW3 is just around the corner?
How long until housing market starts to crumble?
>ITT Poorfags getting their hopes up for ever realistically owning property in their entire lives
Seethe&Cope
I have a feeling this is where it's going. The whole of the last 20 years has been a housing bubble. The basic economics of it were never sustainable for the over inflated markets. Cities like Cleveland though have 1000s of homes available for 50k ish. Big homes. In not horrible neighborhoods either. Many midwestern cities are like this. The coasts are literally 10x that on average. There will be a great flattening out.
>There will be a great flattening out.
Fuck off we're full.
Its not that way everywhere though. There are cities with WAY too few homes. With empty banks owned ones sitting empty. Phoenix is an example.
Canada and Australia will get hit first, they actually have a bigger housing bubble than the US.
DID I FUCKING SAY IT WAS THAT WAY EVERYWHERE YOU ABSOLUTELY FUCKING RETARDED BAG OF SAND.
It was heavily implied, to be fair.
Why should a bum be given a free house when someone who's doing something productive with their life has to pay ridiculously high prices? Plus how would they afford utilities and upkeep?
If you give a homeless person a house they'll destroy in not even a year or burn it down trying to heat it during the first cold snap. You people never really think these things through.
Because you pay for the bum anyway.
So shoot em or give them a hand. The banks are letting those houses rot with free money printed out of thin air and then lended to us.