Why did homes gain so much value?

>>127942980
inflation + supply and demand

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>$100k
Oh sweet summer child...

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>>127943448
plus near zero interest rates
watch fed policy tighten
we can't afford another major market adjustment or contraction

>>127942980

Massive population boom.

Decrease in housing inventory

t. real estate agent

Look at California. Passed S375 (UN Agenda 21) which established regional planning districts.

These districts constricted the building envelope to push people into stack and pack near transit corridors.

On top of that, you have manusipalities which literally take 2 years to get through planning (carrying costs), charge $45k for a water meter, $80k in school fees, or $150k in-lieu fees for 'affordable housing' and you can see how the soft/indirect costs add up.

Constrained supply (by design) and insane soft/indirect costs.

>>127942980
That whore should go to jail for showing her cleavage

>>127943453
vancouver doesn't count. your own country sold out bc to chinese investors and now you guys are taking it up the ass...

>>127942980
>Why did homes gain so much value?

In Canada it is wealthy Chinese people with huge businesses or embezzling government buying real estate in Canada as investments that the Chinese government or economic collapse can't take away. Plus, there's wealthy immigrants coming from China and other countries that buy expensive houses.

I hope the Chinese suffer the worst of it when the bubble bursts.

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>>127942980
>Everyone I know has had their homes increase in value by $100k in the last 7 years.
Which burb of Neverfuckinghappenedlandia are you in?
Asking for an investor friend.

>>127942980
Intrinsic value even though most of them are shit.
Usually if cheap money comes a long and there is no space to expand then they go into artificial shit and once that is realized it goes into intrinsic stuff again because it is expected that the artifical shit pops. BUt if i look at all the silicon valley types i mainly think that your daddy was glad that he could fuck someone that resembles a woman without too much stochastic evaluation. Sadly
their dicks agreed on it being somwhow fertile.

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>>127944002

Detroit Suburbs and others in other states

>>127944002
>>127944442
Delete this porn

>>127943919
A leaf is used to cover genitals since the bible was written, i can only feel the pain knowing in this case it was a piece of cloth and not your flag.

>>127944884
It wasn't a leaf, they sewed multiples leaves together and made an apron

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>>127942980
Powers that be are trying to force people to move into crowded cities and apartment blocks. They want you to avoid suburbs and just fucking pack on in with the rest of humanity. It makes convenient targets for nukes, shutting down internet nodes, and general control. that's a fact jack.

you are being financially herded.

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>>127944442
Own and sold investment properties in and around Western Australia.
Biggest net gain (paid Capital gains tax on) was approx $210000 but that was a burb after subdivision. None of my other properties would net a quarter of that if I liquidated.

>>127945190
Well a good choice then, a bunch of canadians would be the perfect match for a limp dick since they mostly consist of anemic asians. Not really rigid but really suitable.
AAA =all anemic asians.

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>>127943625
>plus near zero interest rates
Mfw Interest rates go through the roof, and I am locked in at absurd low rate.

>>127945564
So this is German "humour"
Here I've got a good German insult for you, you are stupid because your IQ is below average level and you don't perform well in school

>>127945262
we're in a bubble dude. this guy is an idiot if he can't see that even in the midwest, people are back to over-offering on listings. loan interest rates are rock bottom and a lot of industries are doing a little too well (entertainment, tech, medical). People are somewhat decently employed and are thirsty from the last bust. it's going to happen again.

the only place i can tell that isn't growing is the south but it always just slumps along.

>>127942980
Illegals. They're inflating the market.
>Friend of mine, her in-laws are illegals
>Living in San Francisco.
>Landlord gives them $20,000 to move out of Section 8
>Bought a trailer home nearby

>>127942980
Fed prints unlimited money + limited supply of homes = bubble

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>>127945838
>loan interest rates are rock bottom
Over here the Reserve Bank has been artificially holding down interest rates for years. Most of the banks happily go along because it inflates their ability to borrow.
>tfw I'm old enough to remember my parents paying a higher interest rate on their mortgage than they were on their credit card....

>>127945838
We're in a bubble, but when's it going to pop? This september? we're a year or two past the shemittah, and at least... seven years past the last major correction.... Hmmmm

>seven years
>Shemittah

https://www.youtube.com/watch?v=QhnsC2V4_0w

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>>127946400
>Most of the banks happily go along because it inflates their ability to lend.

>>127946076
Call ICE. NOW.

>>127946841
They've already been deported several times.
Doesn't matter, man.

>>127945722
I always wonder if bambi would have a cunt and it would be shown on american tv if they would rather censor the cunt with a leaf or pretend bambi doesnt have one. And this thought alone makes me think that you are a horsefucker.

>>127947009
What in Gods name are you talking about what does this have to do with a housing bubble?

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>>127944545
>canada

>>127944442
Can confirm, I am in a suburb of Detroit, my home's value seems to have doubled in the four years I have owned it.

>>127943646
are we gonna crash or keep going?
I almost want to sell my house, because this is what happened last time before it crashed

>>127946841
Get this
>Their son
>Born in Mexico
>Brought to San Francisco when 4
>Goes to public school
>Lives in public housing
>Gets food stamps
>Graduates high school
>Starts business
>Gets shoot in drive-by
>Survives
>Gets US citizenship because loophole
>If your life is in danger, they grant citizenship

Housing bubble is about to pop in Canada

Sales down 40% compared to a few weeks ago, bidding wars are over, prices are starting to fall, lots of buyers remorse, listings are surging highest in decades

>>127947141
Well he was refering to a nice cleveage of a boobanimal. I think of two bubbles then, the silicon bubble aswell, which ruins the natural titmeat.

>>127947428
What's the endgame?

>>127947449
You're not funny you just sound retarded

This is something I've noticed as well. I lived in China for 6 years and am now living in the US. Had I been smart enough to buy an apartment then back in 2008, after I moved I would have been able to pay for my house in cash.

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>>127945688
not your interest rate faggot federal bond / treasury note interest rates
glad you have a locked in rate for your mortgage but if inflation skyrockets and dollars aren't worth shit and you're still making 20-30$ an hour then you'll be making fireplaces full of federal reserve notes to keep yourself warm while starving to death

>>127947584
Well i m glad about it then.

Not a bubble. This is good old fashioned inflation. The money supply quadrupled from 2007 to 2017 and all that money was used to prop up the banks. The banks are now starting to lend it out and it's flowing into real estate. It might evolve into a bubble but it isn't yet.

>>127947739

You are the worst kind of parasite

>>127942980
lol ive been looking for that picture for ages

We're in a bubble but it wont pop yet until Trump modifies the Dodd-Frank act than everyone panic.

>>127944002
It's happening everywhere man open your eyes. Look at the price trends for 100km around the GTA, prices are outrageous. Basic 3bed 2bath townhouses going for 500k+

>>127942980
Because the RotBergers pushed a button. that made the ad valorem tax, hot poker to poke the hamster in the butt, so it would run faster on the wheel, for down scaling minimum wage carrot at the end of stick.

>>127947533
>>127947533
Sameness what happened to you guys in '08 but then rich asians can swoop in and purchase all newly purchased houses on the cheap from folks without foresight.

>>127947900
I think it is more like most artifical money goes into jackshit and a bigger portion now goes into intrinsic value, because they know that the bubble is about to pop.
Another thing i really laugh about is that people that studied economics really believe that the void of "idealistic" jackshit can be expanded endlessly. And which leads me to th question why those idiots bleieve that in the first place, but that would by the realm of psychology and if you combine that it would be horsefucker magic. Horsefuckers.

>>127948815
It is really interesting isnt it? You have all that technological progress yet the qualitiy of living seems to be declining. I wonder why.

>>127949775
i also wonder why. is it really declining? or do we just not like to buy as much shit as we used to? thoughts on this, do you have any?

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>>127943625
>can't afford another
hopefully the next crash is bad enough to kill off the federal reserve central banking meme

>>127951101
I would assume that having a real estate that belongs to you and guarantees you a certain amount of living space is an indicator of live quality instead of robbing to the next pay check day by day buying hipster cloths are the newst smartphones to attract boobanimals. The same goes for a buff physique which subsitudes for other qualities males usually should have to attract a mate. And in this day and age the longing for musculinity usually resembles itself in the alphamale which by definition is very rare and it also provides certain sexual dynamics which i would assume would be lesibanism (if there is such a thing) or reclusiveness for males if you want that certain type of wording.

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>>127942980

you must live in Seattle.

>>127942980
The whole economy is fake. Money is just a way for jews to own you.

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>>127952337
>>127942980

OP i thought you said 7 months.
7 years, you must live in a shithole.

But in Seattle its chinks.

>>127952345
Boom. Yep.

>>127952337
The seattle police should announce a search warrent for the ass of the guy in the front, cannot be found anywhere. Maybe gays stole it secretly.

>>127942980
Dallasfag here

My wife and I bought a house recently. In the first two months our property value went up by 25k USD in two months.

It's nuts down here, people can't build as fast as the demand wants. The big issue I've heard is most of the Mexican labor isn't telling their kids to be builders so they're running out of specializing tradesmen like bricklayers which is causing housing prices to go up and not as much houses can be build in the same time span. Just what I'm hearing, no evidence to back it up.

>>127942980
if banks are willing to lend out a higher sum over and over again, and most banks are now real estate agents, and a lot of (((foreign investors))) are buying homes and make them unavailable.
If you can both control the cost, the loans and the supply of a market. Not to speak of all the government free housing for migrants.
Well, there's your bubble, and it's happening everywhere in the west

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>>127942980
Every time anything happens we must always ask the same question.

How does this benefit the Jews ?

>>127952216
Maybe google should invent the boobanimal translater, so the glasses cumulate the boobanimals bodylanguage just like the heatsystem of boiling teapot telling you to speed it up or slow it down. Or the measuring the reaction of boobanimals wearing your new jeans or goyphone. But i would assume that their collective fat lesbianism wouldnt allow them to do that. They should maybe invent to goodgoyglasses giving you bonus points just like in a ranked match making system for doing goodgoy stuff, it would be similar to the chinese model but voluntarily.
Stroke a pet get bonus points, be nice to boobanimal, get bonus points, eat vegan stuff get bonus points, help in a community project get bonus points depending on the duration of involvement.
And then we could probably unlock new cast systems like in league of legends or starcraft 2. So you can brag to your friends how low your testosterone score is since big citiies rather like androgynous shit to ensure a peacefull harmonic endavour.

>>127952017
any crash that serious would kill off a lot more than the federal reserve. we would become post soviet russia.

>>127955961
Giving them more money and therefore more influence? That was a hard question.
But we should rather gather karma points since street shitting and corpse diving is a lot more valuable than having a substantial basis.

In LA my house has tripled since 2009. Get on my level faggots. I paid 350k appraised for 1.25m

>>127956940
to be fair you bought your house at a particularly low priced period, and it's particularly high right now.

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>>127947900
Fact check these shill faggots,

Money supply doubled.


Wtf that's still horrible

>>127943646
>t. sub prime predator
>interest rates at near 0%
>2008 crash 2.0

>>127942980
Investors buy up homes and rent them, taking inventory off the market

inflation from government overspending

car
house
oil
energy

Over here prices are skyrocheting, house supply is decreasing and mortgage rates are almost zero.

Everyone is going BUY BUY BUY THE RATES!!!

But I feel something is not right about all of this, is this a bubble or what?

>>127943894
Why did no one respond to this quality post?

>>127942980
I dunno why homes is so valuable, ese.
My homes, they loco.

Because the economic foundation of american society is propped up by one of the oldest and one of the most obvious ponzi schemes in history.

You maintain housing prices above inflation and increasing in value beyond average stock market returns. It works for the homeowner, who uses his inflated house to borrow money that will be paid y when he is dead.

It works for government, who can then charge more tax based upon inflated housing prices.

You can build earth adobes with modern amenities for around 10,000 - 20,000. Not accounting for government thievery obv. But no house would be able to be built for so low because it'd ruin the ponzi scheme.

Even construction companies get to charge based on the value of the produced product and on the value ten years from now.

One may only hope that genetically engineered children perform a Titanomachy against the established powers of the world.

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>>127942980
It's just supply and command.

>>127958323
Same thing is happening in Vancouver.

Mayors are publicly stating they are making it hard to drive so everyone has to use public transit.

>Immigrants coming
>More people need more housing
>RIP prices

Another reason immigrants can fuck off

Bumper

>>127958323
Because it's all true. What else is there to be said?
I suspect (((they))) are trying to make housing 'a service' just like everything else. 'Ownership' means you only get to skin the cat once, after all.

Homes gain (and will always gain) value because of inflation. There will always be more people making land more valuable. Even if the market drops it'll remain a good investment.
I would know, I've owned several properties for almost a decade now.

>>127942980
Yes. A better question is why people fall for the same trap instead of bidding their time and buying *after* the crash at very low prices.

That's what sll big investors do anyway.

> They're rolling out the Avacado meme in America now.

Welcome to 2014 burgers. It only gets worse from here.

>>127947584
He sounds like a chatbot tbqhwyf.

Toronto is ruining my city.

>>127956343
>Krokodil and Track pants

Doesn't sound too bad.

>>127942980
>tfw parents are landlords
>tfw only child and NEET
>tfw will inherit all their property (Boston)

I'm going to buy an Aventador and fuck smart Ivy chicks in it.

>>127942980
my home increased by $300,000 and its totally paid off niggers.

>>127947317
>>Brought to San Francisco when 4
>>Goes to public school
>>Lives in public housing
>>Gets food stamps
>>Graduates high school
>>Starts business
>>Gets shoot in drive-by
>>Survives
>>Gets US citizenship because loophole
>>If your life is in danger, they grant citizenship
And amerifats wonder how come there is no money, when you waste it on ill*gals.