The nation has not yet embraced the idea that housing needs to be more affordable, or that it's the most important economic and social issue facing the country.
Supply and demand. That’s it. That’s literally the main reason.
While there is more demand than there is supply, prices go up. When we keep bringing in even 1000 immigrants a day, demand keeps going up while supply isn’t increasing, so - you guessed it - prices go up.
I mean you’ll see more people resonating with your opinion there. Here you will be bashed. Potentially with good reasons.
I believe in supply and demand yes, and I don’t believe real estate follows that. It’s a game and those who know how to play and have better resources win.
As mentioned here, there is the COVID example. I don’t find your explanation credible. “People” (if I can use the term for those who benefited from the pandemic) didn’t get rich so quickly for your explanation to make sense.
What I do remember, not what I think, was people complaining everywhere that they couldn’t find workforce. I remember a lot of chaos that happened directly because the immigrants were gone.
Other than that, I’m not an “investor” and I would never be. So I can’t debate that. I do know that investors (I know quite a few of them) are the cancer of society and their death would directly benefit everyone, probably also solving the real estate issue and I would be able to buy a house since anyone wanting to profit from that would worry about being murdered.
That’s my personal opinion on the subject. After all investors are killed, then we can start checking if immigrants are a problem and try to solve it. But it’s probably a somewhat radical opinion.
@guismo
We have consistently built more dwellings than our population has grown for the last 10 years. Immigration is not the cause of the housing crisis, fiscal policy that rewards property speculation is.
Funny how people choose to ignore the actual facts because they want to point the finger at migrants. It’s almost as if they’re looking for a justification for their racism. @FreedomAdvocate
I didn’t say that. I said that after all investors are dead, then we can start looking into immigration. But it’s quite possible that the real estate issue would be solved and I would have a house and we would find out that immigration was not a problem.
It’s kind of a joke. Their behaviour is predatory and in a decent society that would not be allowed.
I think profit from real estate should be illegal. At the very least from the land you bought. Not sure about what was constructed. But probably not either.
No one should be allowed to sell a land for more than they paid, considering inflation, etc. No one should be allowed to get land to profit. You may b profit from the use of the land maybe, but NEVER from the land itself, be it renting, selling, whatever. Land is not a product you make. It’s limited and existed before you.
Free money being handed out in the billions, and yes - supply and demand. A lot of people got very rich during covid, and a lot of people took advantage of those that could no longer afford their houses so had to sell them. More people were wanting to buy than were selling, and lots of them were in desirable areas where previously houses weren’t really available. About 6 houses in my street who all bought their house and land for ~$300k sold for over a million during COVID to cashed up out of state-ers, and prices just kept going up and up as more put their houses up for sale to cash in, with massive bidding wars. More demand than supply does that.
There was a redistribution of wealth towards the extremely rich, not sure why we’re blaming that on immigrants.
Do you have any resources about the rest of your points?
It’s always people with fuckass usernames like “TruePatriot” saying shit like this. Like okay bro we get it you’re trying really hard to be cool and taken seriously.
You said I’m trying really hard to be cool and taken seriously but it seems like that’s you at the moment. Do you disagree with the principles of supply and demand, or do you not actually disagree with my comment and you just wanted to try and look cool?
Supply and demand. That’s it. That’s literally the main reason.
While there is more demand than there is supply, prices go up. When we keep bringing in even 1000 immigrants a day, demand keeps going up while supply isn’t increasing, so - you guessed it - prices go up.
Your opinion is very popular on reddit. You should check it out.
Even reddit gets things right occasionally I guess.
Do you think supply and demand isn’t what drives prices up, or do you not understand how supply and demand works?
I mean you’ll see more people resonating with your opinion there. Here you will be bashed. Potentially with good reasons.
I believe in supply and demand yes, and I don’t believe real estate follows that. It’s a game and those who know how to play and have better resources win.
As mentioned here, there is the COVID example. I don’t find your explanation credible. “People” (if I can use the term for those who benefited from the pandemic) didn’t get rich so quickly for your explanation to make sense.
What I do remember, not what I think, was people complaining everywhere that they couldn’t find workforce. I remember a lot of chaos that happened directly because the immigrants were gone.
Other than that, I’m not an “investor” and I would never be. So I can’t debate that. I do know that investors (I know quite a few of them) are the cancer of society and their death would directly benefit everyone, probably also solving the real estate issue and I would be able to buy a house since anyone wanting to profit from that would worry about being murdered.
That’s my personal opinion on the subject. After all investors are killed, then we can start checking if immigrants are a problem and try to solve it. But it’s probably a somewhat radical opinion.
@guismo
We have consistently built more dwellings than our population has grown for the last 10 years. Immigration is not the cause of the housing crisis, fiscal policy that rewards property speculation is.
Funny how people choose to ignore the actual facts because they want to point the finger at migrants. It’s almost as if they’re looking for a justification for their racism.
@FreedomAdvocate
I didn’t say that. I said that after all investors are dead, then we can start looking into immigration. But it’s quite possible that the real estate issue would be solved and I would have a house and we would find out that immigration was not a problem.
Is it important for you that people who currently invest die, or that the seizing of properties doesn’t work anymore?
It’s kind of a joke. Their behaviour is predatory and in a decent society that would not be allowed.
I think profit from real estate should be illegal. At the very least from the land you bought. Not sure about what was constructed. But probably not either.
No one should be allowed to sell a land for more than they paid, considering inflation, etc. No one should be allowed to get land to profit. You may b profit from the use of the land maybe, but NEVER from the land itself, be it renting, selling, whatever. Land is not a product you make. It’s limited and existed before you.
@guismo
Yeah, I was talking about old mate @FreedomAdvocate
And your rationale for huge growth during COVID when there was little no to immigration?
They don’t have a good one. Trust me.
Free money being handed out in the billions, and yes - supply and demand. A lot of people got very rich during covid, and a lot of people took advantage of those that could no longer afford their houses so had to sell them. More people were wanting to buy than were selling, and lots of them were in desirable areas where previously houses weren’t really available. About 6 houses in my street who all bought their house and land for ~$300k sold for over a million during COVID to cashed up out of state-ers, and prices just kept going up and up as more put their houses up for sale to cash in, with massive bidding wars. More demand than supply does that.
There was a redistribution of wealth towards the extremely rich, not sure why we’re blaming that on immigrants. Do you have any resources about the rest of your points?
Where did anyone do that?
Are you arguing that prices went up because demand…dropped? Or what do you think the cause was? House sales went through the roof.
It’s always people with fuckass usernames like “TruePatriot” saying shit like this. Like okay bro we get it you’re trying really hard to be cool and taken seriously.
Cool story.
Do you disagree with the principles of supply and demand?
Wah
You said I’m trying really hard to be cool and taken seriously but it seems like that’s you at the moment. Do you disagree with the principles of supply and demand, or do you not actually disagree with my comment and you just wanted to try and look cool?
Breaking news: strategic copium reserves low