11 days ago4 points(+0/-0/+4Score on mirror)2 children
Real estate is much like gold
There will NEVER be a huge price drop because the dollar is just devalued too much. The more money the government prints the less rare the money is. When you have more fake printed dollars chasing the same limited amount of gold or the same limited amount of real estate, then it will require more fiat fake dollars to buy the same asset.
A home is still the cost of the lumber and the materials and the labor to build it not to mention the cost per acre of land. The cost of the utility lines. There is a floor price. All those input costs have suffered from inflation as well. The cost of materials went up. The cost of raw land went up. The cost of labor went up.
So you will NEVER get gold for cheap again. You can't buy it on any major dip. Maybe 5-10% pull back but it won't be long until democrats or republicans print lots of money again. It happens the first year of every new presidential term. I just got elected now to implement my policies money printer go brrrrrrr.
So you are chasing a moving target. Saving up for a house and land? Well guess what. The price of the house and land will INCREASE WHILE YOU ARE TRYING TO SAVE FOR IT!!!!
This is how you get fucked. So you can't save faster than the price of it goes up.
So you're forced to take a loan. And this is where you have to jump through hoops to get that jew financing. Report your income taxes. Comply with all the laws. Let the banker invade your privacy and see your pay stubs and your credit score and they tell you to "build credit" meaning swipe cards so jews see every transaction and build a profile on you.
What i chose to do was convert dollars to gold and silver WHILE i'm saving so that my savings increase along with the assets i want to buy. Meaning i can keep up.
10 days ago2 points(+0/-0/+2Score on mirror)2 children
>There is a floor price
Not necessarily.
One thing that houses require that most other assets do not is upkeep costs. If you don't heat the house in winter, you can damage the foundation. If you don't keep the roof repaired, you can damage the walls. You could shut off all the other utilities, but good luck showing a house with no running water. And then there is always property tax.
The point is, you can't sit on them forever without losing money. If the price is *not* projected to increase, speculators have no reason to wait and will sell, even at a loss. This has happened before and can result in ghost towns or, in extreme cases, Detroit.
Mass immigration really is the beginning and end of the problem. There would be no speculation on real estate if there wasn't high demand, and without MI, demand is easily met by supply.
Send the foreigners home, or even just pause MI for a few years, and the real estate bubble will burst. This is one of the biggest reasons that *any* politician with Boomer support will never seriously fight MI.
10 days ago1 point(+0/-0/+1Score on mirror)1 child
You make some good points.
I think that the government subsidization of housing also increases the price.
Everything the government subsidizes usually goes UP in price contrary to what people might believe. This applies to college tuition for example The government subsidized student loans and so the tuition just skyrocketed with easy money easy lending. Same with houses. The more FHA programs the government hands out and easy loans and easy subsidies the more the demand for houses increases and the price goes up.
I've even seen a few people on this forum suggest that further subsidy is a solution. I hope people learn the lesson that it is not.
I listen to lots of land podcasts to try to learn how these guys accumulate land. They utilize all sorts of IRS accounting tricks and forms to avoid taxes. It's all scammy and most of them sound like dirtbags. But slimy people who know how to utilize tax loopholes get to buy up the land with subsidized loan packages while we just try to make an honest living and can't get ahead.
Lending is bad. So once again, jews introduced something very negative to our society where you can't purchase things for reasonable prices because people who are more willing to take that subsidized jew debt loan will pay more than you will even though they didn't actually earn and save the fucking money. Do you see how a system like this is unfair and is doomed to fail? It's a dishonest scheme and jews and bad people are hoarding assets until people are fed up and uprise with a just and righteous shoah and reconfiscate what was rightfully ours. Reminds me of when the Germans seized the banks and took over custody of the gold in the vaults.
As I was saying, farm subsidies are causing more problems with the prices of agriculture than they eliminate. Input costs drive an increase consumer expenses. It's all intentional to generate tax revenue. They will never be satisfied with what they extract and are always looking for new schemes to extract money. It is doomed to fail
10 days ago1 point(+0/-0/+1Score on mirror)1 child
I saw gold at $2,000 an ounce in the 80's and then watched it drop to $250 an ounce not long after. Good neighborhoods will hold value, but raw land and piss poor areas can and will drop. Raw land is being propped up by farm subsidies more than anything else. State governments want farm subsidies because it raises property values and thus tax revenue.
10 days ago1 point(+0/-0/+1Score on mirror)1 child
This isn't the 1980s. What was the national debt back then? $1 billion? The government balanced the budget in the mid 90s under Gingrich. The faith and credit of the United States Government was more trusted.
Your Reagan years are long gone.
Do you understand the power of compounding interest? Exponents?
The national debt just increased by one trillion dollars in just two months.
The interest payment on the outstanding national debt is now the largest budget item in the entire national budget.
What happens is that debt compounds.
The USA is about to go bankrupt. Technically, it already is. All jews have to do is run the headlines and pull the rug on the currency at any time. Social Security runs out in 2031. That's not far away.
Also, the last 25 years proves my point. Gold is increasing in value more than any other asset investment. It goes up more than bonds. It goes up more than your savings account interest It goes up more than your CDs. It goes up more than your stocks. It goes up more than your bond portfolio.
The only thing that goes up more than gold is bitcoin.
So the argument is over. If you have extra cash then you shoud be converting it to either gold or bitcoin. I trust gold more but if you did your research and go bitcoin then i can't argue with bitcoin's performance against the fiat dollar.
The stock markets are run on jewish controlled stock exchanges. It's rigged for occasional rugpulls ever 5-10 years and jews always seem to have inside information.
People here who are criticial of gold do not seem to want to suggest to me a better store of value that is as liquid as gold or bitcoin that holds value against the constantly devaluing fiat u.s. dollar that's backed by a bankrupt country with no gold in its vaults.
Not only is the USA financially bankrupt, no gold in fort knox, all its wealth stolen and hoarded by lying anti-Christ jevvs, but USA is also MORALLY bankrupt. USA will lose its reserve currency status.
Also, stable coins are CBDC. Trump passed law called "The Genius Act" and it must be genius because he told his followers he was against CBDC and he just passed it and they are such rubes they don't notice which is genius how he has them under such a spell.
So the USA government is PURPOSELY trying to get people to move out of fiat USA dollars and into these digital currencies all hijacked by the very UNSTABLE stable Coin that's not a real coin. So what you will see is more inflation done on purpose and the government perhaps offering stimulus payments or welfare or EBT through these stable coins that you must sign up for and download an app for. the fiat usa dollars will go down in value and less nations will buy U.S. 10 year treasury bonds. THe federal reserve will have to buy the USA bonds/debt so the whole USA government financial system is jews buying their own debt to keep up the illusion that the banking system is stable when it is not. But ultimately they will manufacture the crisis to get most people into the stable coins Trump fucked you with.
Now I cannot tell you exactly how they will design this crisis but we know from pattern of behavior and the manufactured Scamdemic Crisis and the 9-11 false flag that they implement every large scale transition with a Problem-Reaction-Solution strategy as our pal David Icke calls it.
Also we know that neo-con war mongering jews like to utilize scripture as a basis for their warfare and terrorism. So if they have to get people to take a mark to buy and sell then you best believe jews are going to try their best to fulfill their prophecies so they get the anti-Christ they always wanted.
I do understand these things. Reagan wasn't quite what he has been made out to be. He added quite a bit to the debt. I'm much more conservative than Reagan was. Ross Perot would have straightened out this mess but the majority of people don't want to upset the apple cart. I'm not too happy with Trump either, but he is better than the alternative. I'll agree that it's only getting worse. I'm not sure gold and silver are the answer, but definitely play a role in the solution. We would need to experience a very major hardship to actually get people to change and I'm not sure they would make the best change. My apologies for not engaging as much as I should, but I suffered a TBI about 4 months ago and my head is just starting to come around. I'll read what you and a few others write because it's meaningful, but I can't focus on some of the babble I see occasionally around the site. You'll be ok because you are resourceful and pretty sharp. Most are going to fall into decay and there's not much anybody can do about it. Prepare yourself and get some popcorn
First: deport everyone who is not a citizen or has citizenship in another country also
Second: anyone is able to live in their car should do so until the price of houses drops very low.
I know it's going to be tough to get a lot of people on board, but it will work
There will NEVER be a huge price drop because the dollar is just devalued too much. The more money the government prints the less rare the money is. When you have more fake printed dollars chasing the same limited amount of gold or the same limited amount of real estate, then it will require more fiat fake dollars to buy the same asset.
A home is still the cost of the lumber and the materials and the labor to build it not to mention the cost per acre of land. The cost of the utility lines. There is a floor price. All those input costs have suffered from inflation as well. The cost of materials went up. The cost of raw land went up. The cost of labor went up.
So you will NEVER get gold for cheap again. You can't buy it on any major dip. Maybe 5-10% pull back but it won't be long until democrats or republicans print lots of money again. It happens the first year of every new presidential term. I just got elected now to implement my policies money printer go brrrrrrr.
So you are chasing a moving target. Saving up for a house and land? Well guess what. The price of the house and land will INCREASE WHILE YOU ARE TRYING TO SAVE FOR IT!!!!
This is how you get fucked. So you can't save faster than the price of it goes up.
So you're forced to take a loan. And this is where you have to jump through hoops to get that jew financing. Report your income taxes. Comply with all the laws. Let the banker invade your privacy and see your pay stubs and your credit score and they tell you to "build credit" meaning swipe cards so jews see every transaction and build a profile on you.
What i chose to do was convert dollars to gold and silver WHILE i'm saving so that my savings increase along with the assets i want to buy. Meaning i can keep up.
Not necessarily.
One thing that houses require that most other assets do not is upkeep costs. If you don't heat the house in winter, you can damage the foundation. If you don't keep the roof repaired, you can damage the walls. You could shut off all the other utilities, but good luck showing a house with no running water. And then there is always property tax.
The point is, you can't sit on them forever without losing money. If the price is *not* projected to increase, speculators have no reason to wait and will sell, even at a loss. This has happened before and can result in ghost towns or, in extreme cases, Detroit.
Mass immigration really is the beginning and end of the problem. There would be no speculation on real estate if there wasn't high demand, and without MI, demand is easily met by supply.
Send the foreigners home, or even just pause MI for a few years, and the real estate bubble will burst. This is one of the biggest reasons that *any* politician with Boomer support will never seriously fight MI.
I think that the government subsidization of housing also increases the price.
Everything the government subsidizes usually goes UP in price contrary to what people might believe. This applies to college tuition for example The government subsidized student loans and so the tuition just skyrocketed with easy money easy lending. Same with houses. The more FHA programs the government hands out and easy loans and easy subsidies the more the demand for houses increases and the price goes up.
I've even seen a few people on this forum suggest that further subsidy is a solution. I hope people learn the lesson that it is not.
I listen to lots of land podcasts to try to learn how these guys accumulate land. They utilize all sorts of IRS accounting tricks and forms to avoid taxes. It's all scammy and most of them sound like dirtbags. But slimy people who know how to utilize tax loopholes get to buy up the land with subsidized loan packages while we just try to make an honest living and can't get ahead.
Lending is bad. So once again, jews introduced something very negative to our society where you can't purchase things for reasonable prices because people who are more willing to take that subsidized jew debt loan will pay more than you will even though they didn't actually earn and save the fucking money. Do you see how a system like this is unfair and is doomed to fail? It's a dishonest scheme and jews and bad people are hoarding assets until people are fed up and uprise with a just and righteous shoah and reconfiscate what was rightfully ours. Reminds me of when the Germans seized the banks and took over custody of the gold in the vaults.
Your Reagan years are long gone.
Do you understand the power of compounding interest? Exponents?
The national debt just increased by one trillion dollars in just two months.
The interest payment on the outstanding national debt is now the largest budget item in the entire national budget.
What happens is that debt compounds.
The USA is about to go bankrupt. Technically, it already is. All jews have to do is run the headlines and pull the rug on the currency at any time. Social Security runs out in 2031. That's not far away.
Also, the last 25 years proves my point. Gold is increasing in value more than any other asset investment. It goes up more than bonds. It goes up more than your savings account interest It goes up more than your CDs. It goes up more than your stocks. It goes up more than your bond portfolio.
The only thing that goes up more than gold is bitcoin.
So the argument is over. If you have extra cash then you shoud be converting it to either gold or bitcoin. I trust gold more but if you did your research and go bitcoin then i can't argue with bitcoin's performance against the fiat dollar.
The stock markets are run on jewish controlled stock exchanges. It's rigged for occasional rugpulls ever 5-10 years and jews always seem to have inside information.
People here who are criticial of gold do not seem to want to suggest to me a better store of value that is as liquid as gold or bitcoin that holds value against the constantly devaluing fiat u.s. dollar that's backed by a bankrupt country with no gold in its vaults.
Not only is the USA financially bankrupt, no gold in fort knox, all its wealth stolen and hoarded by lying anti-Christ jevvs, but USA is also MORALLY bankrupt. USA will lose its reserve currency status.
Also, stable coins are CBDC. Trump passed law called "The Genius Act" and it must be genius because he told his followers he was against CBDC and he just passed it and they are such rubes they don't notice which is genius how he has them under such a spell.
So the USA government is PURPOSELY trying to get people to move out of fiat USA dollars and into these digital currencies all hijacked by the very UNSTABLE stable Coin that's not a real coin. So what you will see is more inflation done on purpose and the government perhaps offering stimulus payments or welfare or EBT through these stable coins that you must sign up for and download an app for. the fiat usa dollars will go down in value and less nations will buy U.S. 10 year treasury bonds. THe federal reserve will have to buy the USA bonds/debt so the whole USA government financial system is jews buying their own debt to keep up the illusion that the banking system is stable when it is not. But ultimately they will manufacture the crisis to get most people into the stable coins Trump fucked you with.
Now I cannot tell you exactly how they will design this crisis but we know from pattern of behavior and the manufactured Scamdemic Crisis and the 9-11 false flag that they implement every large scale transition with a Problem-Reaction-Solution strategy as our pal David Icke calls it.
Also we know that neo-con war mongering jews like to utilize scripture as a basis for their warfare and terrorism. So if they have to get people to take a mark to buy and sell then you best believe jews are going to try their best to fulfill their prophecies so they get the anti-Christ they always wanted.