https://www.ccn.com/these-entitled-millennials-are-cheering-for-a-housing-market-crash/

  • Yurt_Owl
    ·
    2 years ago

    Nothing. This is already happening. Houses are being sold for way over market to private companies because they have the capital to do so pushing out any normal buyer.

    A housing crash wouldn't make it any easier to buy since private interests can still pay higher than the value of the house.

    • HntrKllr [he/him]
      ·
      2 years ago

      So what you're saying is we need less of a market crash and more of a crash into Black Rock offices?

        • hexaflexagonbear [he/him]
          ·
          edit-2
          2 years ago

          They'll just sell the land for a profit, lol. The difference between empty lots and houses is pretty negligible in my area, like arson straight up might not cost them anything. Ans I guess they'll get an insurance payout.