If you look in on ThemTube you find various real estate people with all kinds of advice and outlooks on the market.
- You have real estate agents talking about how you should get into the market NOW, because it is only going up. "You know, real estate always goes up" And, if you don't buy now, you will be kicking yourself later.
- We are seeing a cool off in the market, which is good, because the price increases were too hot. This is only a slow down, so keep your eyes open for deals.
- We are seeing a crash like 2008. Home values / what people can afford is way too high, so that is going to have to come down. We are already seeing foreclosures go up, so get your cash ready, there is going to be some really good deals coming soon.
- There are a few people, like me, who are pointing out that this is a demographics issue, do not bet against demographics.
I find it interesting that people could look at the same data, and see massively different things.
I comprehend that many people do not really want to look at the facts as they are, and have a desire (especially if they make their money off of selling houses) to see things in a light that benefits them.
But still, 2008 was not that long ago. How do people not see the market doing the same thing, again? How do people not see the tightening up on lending, which is what caused the 2008 crash? How do people not see that the only easy loans are these programs to get the sub-prime people to buy a house at the top of the market (with 0 down) just like they did in 2008?
Not Seeing What You Don't Want To See
I blame govern-cement schools and the MSmockingbirdM. The TV teaches us to spin all the data. And schools do not teach us logic so that we can see the difference between spinning something so it sound better, and spinning something so it is now totally wrong.
The people [KM] causing this crash (and also caused this bubble) want people to stupidly buy just before the rug pull. And so, all the talking heads on the Voobtube are saying, that this is just a slow down. Don't worry, your house is still your biggest asset (for the banks).
And people REALLY tend to not see things (they don't want to see these thing) that will drastically change their financial position.
So, you could say that there is a group of people who are cheer-leading the housing market, because they do not want to see what is in front of them, so there is nothing else they can do.
Not Seeing Something Because You Have Never Experienced It.
This is the reason i keep bringing up this topic. We are facing something we haven't faced in recent history. We are facing the end of something we just take for granted as the way thing are. How can we expect anyone to see what is happening?
- We are seeing the destruction of the real estate paradigm.
- We are about to see a massive die off of people.
- We are about to see an ice-age first hand.
- We are about to see banks die. The banking system collapse, burn to ash and disappear.
We have at least these four things happening, that will change EVERYTHING, and most people only deal with one of them. (truly, one of them is overwhelming for most. Taking on more than one is a herculean task)
So, in the future, there isn't a real estate crash, there is a real estate destruction. No more real estate.
"Real Estate" = (spanish) The King's Estate, or the Crown's Estate, or the govern-cement still owns it all, you peasants.
The concept is going away. Talking about a "Real Estate Market Crash" is just kinda silly. Like trying to iron out a shirt that is on fire.
These Quotes Are Coming True
Sorry capitalism, "property rights" are not appropriate when they deny people who come later, the ability to live.
And, we cannot continue to build things that are bad for humans / humanity. We have come to the end of building suburban hellscapes. We must correct our ways.
These things are being corrected now. And the environment, the energy of this new epoch, is going to help bring that about.
So, we are not going to have a real estate market crash, we are going to have a complete paradigm shift in what "ownership" of a property means. There will be no buying and selling. Like buying and selling slaves is now verboten, buying and selling land / soil / life will also be a topic that is just not done.
The reasons to live in cities (and their suburbs) is going away. The desire to live in a suburb is going away.
Any ideas about buying/selling real estate in the future is just empty, void. Nothing there.
Suburban homes will be left vacant. Entire areas, where, if you still had the thoughts of living a suburban life, you can have your pick of houses.
This happens because of wars, famines, storms, earthquakes, floods, the VAXXX, other "natural" disasters, but we have a lot less people. (and we would have a lot less people just because of boomers dying off)
The entire structure of the real estate market just goes away when there is suddenly MUCH MORE supply than demand.
Even more when people realize they need to grow their own food, and that requires land/soil (not found in suburbs)
Even more when things like flying cars and internet make roads unnecessary. And continuous, green energy sources mean that you do not need to be connected to the grid.
In other words, this is the top of the housing market… forever.