/biz/ - Business & Finance

Not watching your channel you balding fuck.

>>55475267
tl;dr housing is worthless as refrigerators and every american would be able to afford one if not for zoning laws.

fake scarcity will be destroyed at some point and the market will be flooded with newly built homes..
only bitcoin cant increase supply. but bitcoin and sell your house

>>55475267
not my channel btw. guy is basedboy that wont use 4chan

Wishful thinking general

>>55475313
real estate stock to flow is 100:1
without zoning we could make it 10:1

Bitcoin stock to flow is 50:1
next halvening it will be 100:1
another halvening it will be 200:1
and continue to double every 4 years

Houses always get cheaper priced in BTC

>>55475330
housing is most peoples largest asset. Once they realize their largest asset is going down in value (measured in BTC) it will make sense to reform zoning.

This will happen in 20 years. The stock to flow of BTC will be 3200:1
Meanwhile in 20 years real estate stock to flow will be 10:1

hahaha its over for housing investors

bump

>>55475280
>location is artificial scarcity
nigger brain if they build a million houses in the middle of no where how does that help those living in nyc?

>>55475777
work from home. all the NYC office wagies move to oklahoma


Its what we are seeing with CA moving to TX... the kicker is now CA state is overriding local cities to force building more housing

They've been building non-stop in DFW and prices have still doubled. It was the low interest rates that caused housing to go up obscene amounts.

>>55475280
>residents vote for zoning to keep prices high and underprivileged individuals out
>b-but it's FAKE so they'll totally decide to open the floodgates some day trust me

>>55475803
>work from home. all the NYC office wagies move to oklahoma
NYC office wagies happily pay high rents and taxes for their exposed brick and their barcades and exotic restaurants and tinder hookups

>>55475834
have you see what happening in CA with the state override building permits. Local county is voting against new build. State is overriding and approving the new build.

Too many rich people moving out due to the homeless problem, only solution is ot bring home prices down and build more

>>55475848
hey everybody hows it going. Fuck NYC i just moved to texas along with my 6 employees

>>55475857
I live in Ventura County. There are tons of suits and countersuits over forced rezoning; in Simi Valley the compromise was 84 "affordable" units in a city with a population of 125k. Those affordable units will be mostly filled with Hispanic laborers anyways. You watch too much Tucker Carlson if you unironically think the Californian elite are going to shit in their own backyard.

>>55475864
>Austin TX
>Oklahoma
Are you even an American?

>>55475872
> Ventura County.

> suits and countersuits.
but are they building or not? cry and sue all they want all that matters is more shit is getting built. CA realestate prices had be dropping on zillow

>>55475923
The supply is increasing by less than 0.01%.

>>55475947
more homes are being bult than ever before, more than 2008

landniggers are already coping e.g. https://www.reddit.com/r/realestateinvesting/comments/14qgkaj/do_you_think_the_end_of_the_student_loan/

>>55476014
>>55475947
and most of these new builds are 5+ units. thats the equavilant of being double the 2002 building levels

>>55476029
why couldn't they just lookup what percentage of renters have student loans, it says 51% of renters say student loans keep them from buying a house.

that means 51% are impacted by the resume of student loans

>>55476055
25% of all workers have student loan debt. it's going to be a bloodbath for the broader economy.

>>55476055
that's just loser cope, before student loans it was credit card debt, these are just failures who are still renting into their 30s

>>55476210
>2017 cutoff date
>cost of home ownership up 50-100% in 2022/2023
do you have a learning disability?

>>55475234
NOOOON OOO NOOOO HOUSE GO UP IN PERPITUITY !!!!!!!! ALWYAS GO UP !!!!! NEVER DOWN I AM INVEST GENIUS I SAY HOIUSE GO UP :((((((((((((((((((

>>55476226
>failure cant afford housing, assumes everyone is a loser like him

>>55475234
Yea just look up crown land in Canada, over 90% of all Canadian land is owned by the King of England and if people touch a blade a grass on it they go to prison. Thats exactly why Canada has such a retarded housing market, restricted supply and chinks money laundering fentanyl bucks.

>>55476689
Canada is a small collection of gulags, creating artificial scarcity.
Internally we are taxed close to 50% on our labor.
Foreigners, who will mostly have paid far less income tax, can swoop in and buy housing next to amenities we paid for.

>>55476645
i live in a house that i inherited and i make $153k a year after bonus. again, do you have an adult learning disability?

>>55476748
>153k year

that's it? lmao

>>55476748
> When you make 70k a year and try to brag by doubling it
Not much friend

>>55475777
like half the people who live in new york moved there during adulthood

laugh at zoom town baggies

if you bought a home in san francisco anytime in the past 5 years = you lose money

>>55475234
HOLY SHIT STOP THE FUCKING PRESSES! THIS GUY IS A GENIUS!
it's an obvious political problem. why do you think politicians don't want to solve it? hmh?

>>55476055
they would say that

>>55476930
And that’s, a good thing

>>55475848
>exposed brick
overrated

>barcades
unironically really fun

>exotic restaurants
hit or miss

>tinder hookups
extremely based. i used to creampie tinder sluts same day lmao

you sound like you're coping

>>55476930
>trump-appointed fed chair raises rates
>leftists lose trillions

awesome

>>55477273
>as he posts on 4chan

>>55478438
wait a few months and you'll see the whole map change to red cuz people will have no jobs and therefore no way to pay their mortgages.

>>55478438
> House prices go up
> Own kids fucked
> Claps
You're easy to buy off.

>>55478834
my children each have a home in their name when I pass

>>55479388

Sure they will. Klaus: You will own nothing and be happy. Welcome to the new world order.

>>55475280
>fake scarcity will be destroyed at some point and the market will be flooded with newly built homes..

It's not even dependent on zoning. Boomers own 2/3rd of all the property, and they're only about 1/4 of the population. Within the next 10 to 30 years, so much housing is going to become available. Boomers will die, and their millenial (or even genx) children will either immediately sell their homes or they'll move in. Most likely GenX kids will sell cause they have property, millennials some will move in but many will sell anyway for quick cash.

Of course, the rates at which boomers die fluctuates and affects different markets in different ways (Florida might be hit harder than other locales....or the new crop of old people will continue moving there) Either way, boomers will die, this is a guarantee.

Only way this doesn't lead to a drop in price is if we have even more immigration. If it goes down, which it likely will as the economy contracts, we'll end up having better housing supply, even if zoning laws don't change much.

>>55479800
>boomers will die, this is a guarantee.
kek. boomers will outlive us all

>>55475280
well it's zoning, but it's also entities holding multiple houses. or how people's standard for a shitbox is flexible. or that raw materials prices skyrocketed. immigration. maybe the fact that everyone is single. pile it with scalpers

>>55475234
The fact that everyone is predicting/hoping for a housing market crash means it's not going to happen, at least for a long time. I'm sure we'll see a correction but it won't be enough to give a majority of those sidelined right now the opportunity to buy.

This housing crash shit is propped up because they need normies to stay in line. I know a lot of people claim to "accept" that they won't be able to afford a home but many still have hope and will cling on to anything that'll give them more hope.

>>55475280
>zoning laws.
sell real useful thing buy madeup useless thing
year sure buddy i can see you are oozing with genius