The market is regulating itself again :doomer:

  • MemesAreTheory [he/him, any]
    ·
    3 years ago

    Honestly I can't fucking wait for the housing bubble. Finally, some affordable fucking housing.

    • bigboopballs [he/him]
      ·
      3 years ago

      Not going to happen because billionaires exist and can buy up all the housing without even thinking twice about it. “Supply and demand” does not apply here.

      • Foolio [any]
        ·
        3 years ago

        At a certain point, it won't make sense for them to. With high interest rates, and inflation eating away at their ability to raise rent, other investments will be more attractive than housing.

        • bigboopballs [he/him]
          ·
          3 years ago

          At a certain point, it won’t make sense for them to.

          other investments will be more attractive than housing.

          I doubt it. What's going to be more attractive than owning land/housing when this shit-heap really starts collapsing? It always makes sense to hoard land.