I can't take it anymore. 24% increase over the last year.
I can't take it anymore. 24% increase over the last year
who should owners have to suffer depreciation to accommodate younger, less capable buyers? thats commie tier
why don't big corpos just implement work from home and let us move away from the big cities?
do they want us to revolt in a marxist leninist way?
Housing as an investment has been catastrophic for current generations. Boomers and their neolib/neocon policies need to be roped.
in my absolute brown thirdie commie shithole, even cars are seen as a form of investment, and the shittiest shitbox cost you around $20K
This is why China wins. They overbuilt housing. Average Chinese young person will have very little trouble buying a home. The only caveat is they won't build wealth from it. That encourage innovation. The West used to be like this, but they let landlords take over their societies and so the biggest capital returns come through real estate or financial scams and hebrew money voodoo.
Cars as an investment
Literally how? Is inflation on cars that fucking awful? Because those things depreciate worse than any other large purchase.
state intervention is baaaad
nigga the state intervenes all the fucking time whenever they bail out dying corporations and banks, yet no one calls them communists for doing shit like this for the Nth time.
why would it be different for the state to say 'hey you greedy fucking boomers, now you must sell one of your 8 properties for a reasonable price, so actually productive young people can afford a home in order to start families'. it would be no different from redirecting state funds to help out CEOs who keep gambling away their stocks.
Same
financial + real estate speculators generate wealth. some underperforming millennial/zoomers getting freebies is just unfair and damaging to the economy.
financial + real estate speculators generate wealth
No, they make wealth out of thin air. Young people are supposed to innovate and produce things. That is how real wealth is generated, China is the perfect example of this. Or the industrial revolution era for the West, like 200 years ago lol.
Bro he's either baiting or too retarded to warrant this level of effort in a post.
At least you have a good electrical network
They take rent-money out of young people's pockets, and horde properties so prices go up. Who fucking benefits from this?
Housing as an investment
That's bound to happen though because you essentially have a scarce resource (land/space), there's constant demand for it (people need a place to live), and demand is always growing (population increasing).
it just meets all those criteria for a good investment.
yipee!! Economy is growing again! We're finally out of it! Lets gooo
wtf why is everyones investments growing in value?? Nooo i wasn't part of that market please stop!
The avarage 20 something on Anon Babble. You're all like this. You're all retarded besides me.
Meanwhile the real world is like the complete opposite of what you say
numbeo.com
always growing (population increasing)
You'd think with everyone complaining about birthrates and population decline, this wouldn't be an issue. Almost as if someone is buying up all the supply until there's none left and then renting it back to us at inflated prices
Nah, in Europe you are destined to be a poorfag unless you were born into a rich family or some overqualified specialist (who will GTFO to the USA anyway lmao). Being destined to not being able to buy any kind of property doesn't benefit anyone. People don't have kids, people can't accumulate any wealth which also doesn't benefit the system.
You could just tax the shit out of people owning several homes.
It's bound to happen when land is treated the way it is. If we were to regulate inheritance, or even corporate property ownership it wouldn't be nearly as bad of an issue. Look at Japan for instance. People want NEW houses. So old houses depreciate in value over time. That dynamic has also created a booming construction and architecture industry and when combined with pretty much no zoning laws that makes sure land is used far more effectively.
Reminder that even Adam Smith hated large land owners lol.
underperforming
Btw the fuck is underperforming? Google the average salaries in EU shithole and go figure how much time it takes to buy a house even if you multiple the median salary x3.
Weird, it's almost like that doesn't matter.
That is another option too. Really limiting the practice of buying and trading property like it's the bloody stock market is what needs to be broken. But the people with money have the power, and our politics are far too tied to the money to change stuff like that.
Why is Gonzales seething about Europe out of nowhere
I'm sorry I dared criticize your retarded feministic commie shithole Mehmet
Nobody cares about oldass millennials wasting their whole income in China just so they can "own" property (its actually all state owned) while oldass American millennials rent for much less. Anyway old people don't really matter to this conversation, millennials are supposed to have kids entering middle school by now, it's the struggle of the young adult trying to start a life that matters
Renting is not conducive to having children. Even if China's birthrate is terrible, there are still 1.4 billion of them and plenty other Asians besides who can do menial labor. It's the West that requires a standard of living where couples own homes/apartments and have kids in them. Now that immigration is causing too much strain on their welfare states, the West is shit out of luck trying to get their citizens to have kids. The only way out is sacrificing the boomers on an altar and letting young people have some wealth for once.
And in all honesty why SHOULDN'T houses naturally depreciate in value? Much like cars the more you own it the more likely it is to have issues from old parts.
Honestly the housing as an investment is the unnatural course here.
are people buying houses for airbnb there
that helped corrupt our housing market
How about not living in Madrid
a swede who wants to increase taxes
stay in your fucking shithole
No jobs innawoods
I own my apartment and it cost $7k to buy.
What % of real estate in Canada is owned by landlords? Wtf is wrong with you
Can't suffer Unemploymentborg. No one has ever suffered in Nojobsstad
in my absolute brown thirdie commie shithole, even cars are seen as a form of investment, and the shittiest shitbox cost you around $20K
I don't understand how that's possible. My dad just bought a car last week for £600 - now THAT is a shitbox.
Also, how can cars be an investment? They're a depreciating asset. I don't understand Argentinian economics at all.
Cope, I work as a web dev and make more than you.
Go to the islands
Prices are just as high or even higher due to touristic demand
Go to the south or east coast
Same
Go to the center of the country
There's fucking nothing in there
Only livable area is the north, expect the Basque Country
Your country is too sunny
1. you cant be micromanaged as easily when you're not physically there.
2. if people leave the cities, the real state grift is over.
you WILL import millions of 3rd worlders to increase the elites housing prices, chud