this post was submitted on 21 Aug 2023
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Considering how crazy expensive accommodations have become the last couple of years, concentrated in the hands of greedy corporations, landlords and how little politicians seem to care about this problem, do you think we will ever experience a real estate market crash that would bring those exorbitant prices back to Earth?

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[–] mimichuu_@lemm.ee -2 points 1 year ago

No. Stop hoping and take the houses instead.

[–] Fallenwout@lemmy.world -2 points 1 year ago* (last edited 1 year ago)

No, unless there is a thanos-snap, then everything like housing, energy, and climate change will resolve automatically. But if humans keep on breeding like bunnies and outsmart things like aids, ebola, and even covid, overpopulation will put a lot more people in misery.

Every problem we solve only gives the opportunity for population growth... until the earth can't sustain us anymore.

It sounds cruel and that is why a lot of people won't admit this.

[–] Kultronx@lemmygrad.ml -2 points 1 year ago

Not unless you liberals accept socialism is the only way forward

[–] DONTBANTHISACCOUNT@kbin.social -2 points 1 year ago* (last edited 1 year ago) (2 children)

I like the discussion here n all... But , quit hating on single house land lords 😭 . Some did it to have a retirement, n remember during the COVID crisis, landlords didn't get bailed out, fuckin fat ass companies/ corporations/ banksters n all get bailed out .

Wanna be mad at someone / something... Look at what Boeing did , look at what George W. Bush n his administration did ... Look at what Reagan did ( ok it might be irrelevant, but I am just saying... There are landlords n there are real evil f***ers out there)

But quit hating on small mom n pop landlords. The investors that keep buying out homes all the time to flip n or rent out or what not ; ye those ppl suck. The fact that in USA You can buy land and property without being even a US citizen sucks ; you can thank Gov for that. But don't be mad at little old landlords. Some work hard only to get murdered by their tenants when eviction day comes.

Sorry 😟😐 for the rant

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[–] SaakoPaahtaa@lemmy.world -4 points 1 year ago (2 children)

Idk about this fad. I bought a house at 25 without a problem, and haven't heard of my friends having much problems either. Is this a US thing or what?

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[–] xtremeownage@lemmyonline.com -4 points 1 year ago (7 children)

Want prices to drop?

Stop buying houses.

Eventually the bubble will burst.

The economy will be shit for a few years. And Eventually things will return to normal.

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