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Even the memes from then still apply. --- LOL @ priced out renters! It's a new paradigm, and everybody who doesn't buy, now, will be priced out forever. Anyb
by jbm 3y ago
Even the memes from then still apply.
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LOL @ priced out renters!
It's a new paradigm, and everybody who doesn't buy, now, will be priced out forever. Anybody who does buy will be rewarded with a lifetime of riches, as their property will continue its 20-30% yearly price appreciation.
Renters, and anybody born in a future generation, will not be able to afford a $10,000,000 starter home in 15 years. They will live in tent cities, and Hondas.
This asset bubble is different than all of the previous and other asset bubbles - it will never slow down, or pop. The gains are permanent.