>world wide pandemic
>uncertainty at an all time high
>shutdowns
>unemployement skyrocketing
>house prices are STILL going up
World wide pandemic
Asher Wilson
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Noah Ramirez
Yes retard because real estate has intrinsic value unlike shekels or magic internet money.
Ian Butler
explain why bitcoin goes up please
Cameron Lewis
Because some people are too poor to buy a house and hope that btc will be more stable than us dollar.
Charles Flores
Except when everything crashes people who bought houses still have property/land and btc holders will have a line of code.
Liam Ortiz
that’s because mortgage rates are extremely artificially low and retards only consider the monthly payment. it wilm eventually cause hyperinflation, but for the time being it just causes absurd overvaluations. if the government wasnt involved in direct manipulation of the mortgage market real estate values wouldn’t even be a third of what they are currently in most places, theyre actually stuck because its so advanced. balues would essentially go to nothing if the government wasnt subsidizing mortgages because private issuers would have to write them at like 7% for the absoute best credit people
Oliver Perez
Cantillon Effect
m.youtube.com
Also, rates held low artificially. Probably inflationary spiral, unless of course Le great reset occurs...
m.youtube.com
Jeremiah Roberts
The housing market will crash when we go full Japan
Jeremiah Reyes
You don't even have a house, you have a paper that says you have a house. The government can take your house whenever they want so your ownership is only as strong as your firepower against the glowies. Meanwhile your bitcoins should be stored on an encrypted wallet whose seedphrase you know by heart and can only be extracted by torture, so your ownership is as strong as your willpower.
tl;dr you only own what you can defend
Nathaniel Walker
the global economy is shrinking, and everything is up relative to before Corona.
Gold, Silver, Stocks, Bonds, Crypto, Houses.
Only thing that is "down" is the downgrading of corporate debt and some national debt.
I think the only explanation that makes sense is the introduction of new money, that there are more money buying the same amount of assets.
The "new" money are most likely originating from central banks in one way or another.. but it could also be money that already existed before the Corona Virus and just are being moved into various asset classes.
Levi Gonzalez
Seriously. I was in a neighborhood that was gentrifying (aka: becoming nice) to begin with, but now it’s going insane out of nowhere. At LEAST 2-3 places on every block are getting gut-renovated or torn down and rebuilt, and condos that would have gone for $250-$350k last year are going for $400k+++.
No way it doesn’t crash when the forbearance period ends next year.
Jose Ortiz
Buy Freedom Reserve. the big collapse is coming
Austin Sanders
supply and demand. Housing prices wont go down until lots of people start dying.
Levi Bennett
holy fuck. so THIS is why the elites are trying to stop covid: killing people truncates debt
truly we must do everything in our power to help based corona-chan cull the herd
Adam Edwards
/thread
Robert Thompson
Not corona, but the vaccine will cull the herd.
Corona is just the usual cold. It kills very little, less than most diseases.
Carter Martin
>the vaccine will cull the herd.
why? and what's the motivation? elites need the labour and debt of normies.
Jace Moore
> offer almost free studies in germany
> offer no affordable housing for young families
> young families move away
nooooo you just can't move away to have a better life you have to pay taxes here we financed your education this is so unfair why are you leaving reeeeeeeeeeeee
William Sullivan
>>uncertainty at an all time high
nope
Anthony Hall
the dick inside me is screaming "Priced in."
Asher Green
you think these are stable times we're living in?
Logan Rodriguez
getting a house to avoid ppl, makes sense to me
Daniel Hall
germans are moving away from germany? arent they too buisy getting cucked by muh tolerant government and muh refugees?
Joseph Taylor
Since biden is elected president everything will be fine
John Diaz
Two words user, priced in
Angel Thompson
The coronavirus DOES NOT exist.
Dominic Bailey
>labour
Robots will make it.
>debt
No need for debt when you have blockchain.
Liam Moore
Angel Morales
Fuck you millenials.
Austin Cooper
>All-time low interest rates
>Low home supply from shutdowns
>Unemployment disproportionately affecting service industry poorfags
It's so tiring hearing millenials like you who have only lived through the 08' recession thinking every recession must have a housing crash.
Oliver Bailey
kek
>oh, you think you just bought a BigMac?!? wrong! there's nothing stopping niggers from reaching into your bag and eating your burger. your ownership is only as strong as your firepower against niggers
Sebastian Gonzalez
Get fucked doomer, line go up