Cryptos To the Moon! Real Estate to the… Goes Away Like Horse Buggies
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I hear Real Estate Agents on ThemTube saying that the market is cooling off.
It is not cooling off, it is dead. We just haven't seen the corpse yet.
If you need a place to live, then trading some of your crypto may be a good plan, but go in knowing your house will continue falling in price.
The suburban homes are not going to drop in value, they are going to become abandoned. Large tracts of cookie-cutter houses are going to be vacant. And will stay that way until some enterprising young folks go through them, cutting them up, and taking anything that is usable.
There is no floor, for a market of items that are no longer useful.
Boomers moving into retirement homes or mortuary plots
Many boomers got into the housing market before the asset inflation of money printing. And so, they have a lot of equity, they think. However, if they do not sell really quick, all those paper gains are going to turn to smoke.
Boomers own 25% of houses in America. That is 25% of houses that will be on the market soon. Really try to conceive of a real estate market where the inventory jumps by a huge amount.
Demographics falling off a cliff
And the amount of prospective buyers is shrinking.
Demographics all over the world is falling below replacement. The young people aren't getting married and having children. There is no young people to replace the boomers.
So, there is no one to buy all these houses that are going to be dumped on the market.
The young can't afford these housing prices
Even if there were enough young people to buy up all these houses, the young can't afford these prices.
The boomers are holding onto all the best jobs. The youth are working at StarBuckins with their four year degree. They do not have the income necessary to buy a house.
I estimate the house prices will have to drop 90% before the youth can afford a house (90% would be close to wage/house the boomers experienced)
The boomers are going to go to sell their houses, and find there are no buyers.
You can't grow enough food on a suburban postage stamp
Food security is going to be HUGE in the near future.
People are going to be looking for space to grow gardens as a must have in their house shopping.
It will be common to have a greenhouse that is as large as your dwelling. It is no longer a luxury, or a hobby. This is your life and your nutrition. If you want to eat healthy, organic food, you will need to grow it yourself. The option is to eat poisoned food from the store, if you can get it.
This will be one of many reasons people will leave the suburbs for rural areas.
And one of the reasons we will see vast tracts of track homes left vacant.
Wars, disease and famine
If all this wasn't bad enough, things are going to get a lot more dicey.
Currently we have a lot of "shoplifting" happening in blue cities. It will get worse.
Dumbocraps will be fighting Repulsivekins in the streets. (pick any two factions, there will be open conflict between the two somewhere on earth) States and countries will be breaking apart.
If this wasn't bad enough, the WEF and the WHO are already talking about the next pandemic. Meaning it is probably already among us. And people will be dying. Maybe from a new disease, maybe from the VAXXX. Or maybe from the new disease + the VAXXX.
Further, famine is coming. Someone is making sure that it comes. Control the food and control the people. Unfortunately, the farmlands of the world are mostly mined out, and they will be producing less food per year. So, bad on top of worse.
There will be a lot of people dying, and most of that death will be in the cities and their suburbs.
Free houses for all who survive.
Migrants are running south
The one thing many point to for why the housing prices haven't dropped, and won't drop in the foreseeable future is all the migrants will need houses to live in.
However, all the migrants are going to be running south. And this time there won't be any NGOs helping. It will be chaotic and hazardous.
The people of the north are upset, and their patience has been stretched to the limit. Soon, things will happens where the "migrants" do something inexcusable, and they will be forcibly expelled.
Even if this doesn't happen, the cold weather is coming, and the migrants will find themselves ill equipped to deal with it. Their bodies weren't adapted to deal with this.
So, hostility, lack of money to support them, no jobs, extremely cold weather, and the migrants will be fleeing south.
And they will be leaving a wake of empty, often destroyed houses behind them.
Cryptos go to the moon
Real estate has long been considered a safe investment. But, with the real estate prices falling and cryptos mooning, people are going to be dumping real estate, and investing in cryptos.
This will put more selling pressure on real estate. Along with the foreclosures happening now, and the world firmly in recession, and all the anti-real-estate market stuff i have mentioned, we will see more and more people seeing real estate as a bad place to have their money.
You would think that this would push real estate below market value, making for a great buying opportunity, however, no one will want suburban real estate ever again. That market is gone. Holding onto real estate will be worse than holding onto horse buggies when the automobile started catching on.
And this will happen while adoption is happening in crypto. Crypto will go up and never come down. (sorta, the fluctuations will still be there until complete adoption, but bitcoin will never be under $1,000,000 ever again)
Lastly, we will never think this way ever again.
You do not own the land, the land owns you.
You do not own this land, you are borrowing it from your children.
We will never view property as a sellable / tradeable asset again.
Your land is your life. How would you even think of selling it? Maybe trading it? Or bequeathing it to the next generation. But selling it? NEVER.
Further, crypto will be the money and the investment for the foreseeable future. The deflationary nature of crypto like bitcoin will be very real. Just holding onto crypto while it becomes more valuable will be all the investment you need.
Except for investing in your community. Your community with a good, strong bridge is a more valuable community. And that crypto expended building the bridge will circulate in the community making it even more valuable. And the virtuous cycle will continue (with no corporations or banksters to bleed it off)
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