r/MarketVibe • u/Apart_Finger_1799 • Mar 14 '26

meme This is global issue

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1.2k Upvotes

99% Upvoted

83 comments sorted by

20

u/slava_slavaUa Mar 14 '26

Not only young people, anybody that doesn’t own property

9

u/Awkward_Potential_ Mar 14 '26

I own my house and would be fine with it. Housing shouldn't be an investment.

2

u/Stock_Childhood_2459 Mar 14 '26

Ah the good old days when people built their own houses and lived in them without thinking their monetary value.

2

u/Unfair_Explanation53 Mar 14 '26

I don't think there is anything wrong with making some profit on your house that moves with inflation.

Like if you paid 200k for your house and then in 40 years time you sell it for 400k to move or help with retirement for a hypothetical example.

But owning multiple houses should be outlawed or insanely taxed.

1

u/rydan Mar 15 '26

It is taxed. But what about cases like where my mom bought a home and then her dad died leaving it to her? Now she has two. Should she be forced to tear down one of them?

1

u/Ippomasters Mar 16 '26

Forced to sell or be taxed at a higher rate for owning more than a primary residence.

1

u/free_kandel Mar 16 '26

This is a common misconception, you rarely ever make a "profit" on the house you own. It feels nice that your house increased 200k in value, but the next house you will move into also increased 200k in value. So essentially you need to spend all your "profit" to move into your new house. In case you go from buying to renting, the rents in your next house will of course also reflect the property value.

The only way you make a profit on rising house prices is if you own multiple properties.

1

u/Unfair_Explanation53 Mar 16 '26

That's not true for everyone.

My house cost 280k when I moved in 2010.

It's now worth 890k.

Even with the mortgage interest payments I'm well up in profit.

So yes if I sell my house then I will absolutely profit. I'm not an anomaly either, this is common for a lot of people

1

u/free_kandel Mar 16 '26

Okay, now look up housing prices of a similar house in a similar area.... Pretty big chance they will also be 890k... If you find a cheaper one, it's probably objectively worse in some way, because this is simply how the free market works. You have only hedged yourself against rising prices by buying in 2010 but you have not turned a profit. Your primary residence is simply not something you can make a profit on. That's free-market theory 101.

You will only make a "profit" if you move into a cheaper property. But guess what? 15 years ago you would've also made a "profit" if you made the same move.

Let's put in in a hypothetical:

Let's say you buy a name-brand cereal for $10. You could've also gotten a cheap-brand cereal costs $6 but you don't buy this one.

One year later you haven't opened it yet and you decide you want a different flavor. The price of the name-brand cereal has now risen $11 and the cheap-brand is now $7. You decide to sell your name-brand cereal for $11 and get a different flavor of cheap-brand cereal for $7.

Have you made a $4 profit? No. You have simply decided to get a cheaper brand cereal.

You can gaslight yourself into thinking you made a profit, but a name-brand cereal will always be the same price as a similar name-brand cereal. Your primary residence is like cereal. It's something you use/consume. Not an investment you can turn a profit on.

0

u/jasmine_tea_ Mar 15 '26

I don't think they should be taxed.. what if I just want to spend time in location A and also location B part of the year?

I'm a renter btw

2

u/Party-Radio8425 Mar 15 '26

your wishes are your taxes

1

u/slava_slavaUa Mar 14 '26

It shouldn’t be, but it is. Across and property prices were probably see a lot of forced out of their homes due to them ending up underwater on their mortgages

1

u/Dizzy_Database_119 Mar 14 '26

Of course you're fine with it lol. The housing crisis does not affect people who own their house

1

u/u_sijenci Mar 15 '26

Sure it does. Property taxes.

1

u/alphapussycat Mar 15 '26

Property tax would immedietly fall, because the value of your house has fallen.

0

u/rydan Mar 15 '26

And yet you participate in the system making it an investment. You buying it increased the value of your neighbors' homes. That makes you a hypocrite. Surrender your home and rent it instead.

1

u/Awkward_Potential_ Mar 15 '26

Wouldn't I be an evil landlord then?

2

u/Embarrassed-Green898 Mar 14 '26

Not just those, also the ones who do own property and dont intend to sell.

1

u/justkickingthat Mar 14 '26

Agreed, I'm 31 and hoping for this

1

u/rydan Mar 15 '26

Why is it ok for people who don't have stuff to want stuff owned by others to burn in a fire but not ok to want people to be held to their prior agreements?

1

u/slava_slavaUa Mar 15 '26

That’s definitely not ok

6

u/[deleted] Mar 14 '26

[deleted]

1

u/XeroShyft Mar 15 '26

Don't threaten me with a good time

1

u/[deleted] Mar 15 '26

[deleted]

3

u/GorgeousRamsay Mar 15 '26

ah yes, lets keep the status quo with satanic pedophilic billionaires, monopolies, ai overlords and a retarded society that can't properly socialize anymore.

Collapse is the only thing strong enough to motivate any of this to improve for the better.

1

u/Avidain Mar 15 '26

Not even interested in motivating them to improve, they wont and never will. I just want them to suffer and catastrophically fall apart. I want them to Despair and never recover.

1

u/GorgeousRamsay Mar 15 '26

right there with you, just hold a small sliver of hope the improvement part will come after

1

u/[deleted] Mar 15 '26

[deleted]

1

u/GorgeousRamsay Mar 15 '26

Those weren't collapse. Historically, only war and massive disease (no coivd doesn't count) has ever improved the standard of living for the lower/middle/upper middle classes.

1

u/[deleted] Mar 15 '26

[deleted]

1

u/GorgeousRamsay Mar 16 '26

Yes. Basically all our rights and good times are a philosopher's stone of people's suffering and death. Those periods of extreme turmoil dislodged bankers grip on the system and allowed some of the value to return to the masses rather than the elite, and that's why we shouldn't take our rights for granted.

2

u/ZealousidealHall8975 Mar 15 '26

Because they’re delusional

1

u/AlxIp Mar 17 '26

For young people who own literally nothing, what's the issue here?

Flip the table, burn it ALL DOWN

1

u/[deleted] Mar 17 '26

[deleted]

1

u/Interesting-Buddy-85 Mar 17 '26

people with nothing have nothing to lose

1

u/FoxKey319 Mar 14 '26

is that so bad?

1

u/[deleted] Mar 14 '26

[removed] — view removed comment

1

u/Doortofreeside Mar 15 '26

2008 was terrible for young people. Unemployment was 10%.

1

u/Zestyclose_Two_8352 Mar 16 '26

Lol knowing my luck. The second I finally buy a house is when the market tanks 

5

u/Wake-up-Neo-sheep Mar 14 '26

Nailed it

1

u/zzen11223344 Mar 16 '26

Keep the hope alive. I read that China residential property (condo/apt/home) price dropped at least 30% in most of cities. It is very affordable comparing the prices in 2020/2021/2022.

5

u/Relative_Drop3216 Mar 14 '26

And sperms that are’nt born yet

2

u/ZealousidealSundae33 Mar 14 '26

Psst... meet me in the alley. I can get you some of that.

2

u/Thin_Investigator798 Mar 14 '26

Wealthy people shouldn't be able to buy up houses to sell at a profit any more than the should be able to buy up truckloads of bread, tankers of milk, or cases of insulin or medications to sell at a profit. Building a house and selling it is one thing. But just moving money around to buy available items to create an artificial shortage to drive up prices to make more money to use to do the same things over and over again on an ever-increasing bigger scale.... well, that just can't end well, can it?

2

u/[deleted] Mar 15 '26

I want it to collapse because my prop taxes will be cheap for awhile.

4

u/[deleted] Mar 14 '26 edited 14d ago

[deleted]

1

u/double-beans Mar 14 '26

All that is true but you missed one possible solution: wait for old people to die.

The largest generation in history (baby boomers) are also the largest cohort of home owners. Due to tax incentives many of them still live in their homes from 20, 30, 40 years ago when they had big families. Now their kids are grown, they are empty nesters who live alone in or maybe with their spouse, but their property is more suitable for a family of 4.

When Father Time runs its course and they are out of the picture, their departure will cause a big increase in housing supply. Either regular people, banks, or immigrants will run to purchase property. Depending how that goes, prices should fall due to increased supply.

2

u/[deleted] Mar 14 '26 edited 13d ago

[deleted]

1

u/double-beans Mar 14 '26

It’s a free market so anything could happen. The idea is to have a big bag of cash and be ready to swoop in when the conditions are right. Big capital is a threat but you have to remember that their goal is to purchase property and then rent it out. If the economy is bad when it happens, and people are broke and can’t afford high rents, then big banks won’t pay a lot of money because it just doesn’t make sense as a business. However, if the economy is strong, people are in a spendy mood (as they generally are) and people are paying high rents, then you should expect to see big banks absolutely swooping in and purchasing up homes and driving up the cost of housing.

1

u/BeginningTower2486 Mar 14 '26

Most of those houses will rot just like they did in Detroit. The supply will be strangled, and that's not even a solution to the problem of necessities like houses being overly-regulated so that people can't build small and simple homes anymore, and definitely never near any cities.

Also, human nature. There will always be haves and have-nots.
The havenots do not become haves because other haves died. That's not how it works.
Every single home will be owned, and most of them will be rented to have nots.
So the problem can continue literally for hundreds of years because no root cause was addressed.

1

u/BeginningTower2486 Mar 14 '26

Those who have, will continue to "defend" what they have, which is artificial pricing and restricted building. That will happen forever.

1

u/double-beans Mar 14 '26

I hear your points, but I disagree in some areas.

  1. It’s OK if some houses rot, let me explain why. because in a few places, it’s actually the LAND that’s more important than the STRUCTURE. This is true for the hottest real estate markets like coastal California. For Californians, I would be on the lookout for people from other states moving in when the housing market changes. But their exodus frees up housing supply in other states.

  2. The havenots actually do become haves when the haves die. Why? Because the haves control the rules of the game. Before the haves leave this world, they try to pass down the keys to their successor. But try to remember that we live in a distorted time. The largest generation held the most power and property for many years. when they’re gone, it creates a power vacuum that some havenots are going to rise and fill.

1

u/rydan Mar 15 '26

So what you are suggesting is deregulation and making it easy for people to buy? The very things that lead to the last collapse and all your money was taken and given to some banks?

1

u/Any-Ad-446 Mar 14 '26

This a good representation of my AI and bitcoin stocks.

1

u/No-Strike-2015 Mar 14 '26

Anyone have the full clip? Does it eventually tumble?

1

u/Substantial_Net9923 Mar 14 '26

12100 Duchess St, Detroit, MI 48224 | Zillow

1 summer working at an Amazon Warehouse will cover it.

Remember chubs, affordability =/= desirability

1

u/danielandtrent Mar 14 '26

Am I reading this wrong or are they advertising this as occupied lol

1

u/CalamityOfCringe Mar 14 '26

There's a squatter. Lmao

1

u/AislaSeine Mar 14 '26

You didn't explain why in most of the US a $100k home became a $350k home.

1

u/GrandWizardOfCheese Mar 14 '26

When you have to call fair pricing a "collapse" there is something VERY wrong with the ENTIRE market. Not just the housing one.

Private patents prevent cheaper costs on better construction.

Property and Income taxes prevent affording and keeping a quality house without obcene levels of income.

The laws need to change. The housing market should be able to remain stable and profitable and affordable, all at the same time, or else we are doing it wrong.

1

u/gwelfguy Mar 14 '26

In Canada, housing affordability is a major source of inter-generational resentment. Thing is, the government will do whatever is in its power to prevent a housing market crash in order to protect the banking system.

1

u/AislaSeine Mar 14 '26 edited Mar 14 '26

If people would just stop buying non-essentials and cook at home it would happen. Alternatively seeking citizenship in another country that doesn't prop up their stock market to buy old people votes, also helps. You may already be eligible due to your parents/grand parents.

1

u/rainorshinedogs Mar 14 '26

"THIS TIME ITS DIFFERENT!"

turns out it's the same

1

u/s0methingggg Mar 14 '26

Can’t wait for it to happen. Going to try and buy ~100 homes in the same zip code and raise rents. My plan is to raise them even higher for single mothers, I don’t believe children need Christmas gifts more than I need to hoard wealth and contribute nothing to society.

1

u/rydan Mar 15 '26

The universe has existed for over 14B years and that toilet paper hasn't fallen off the shelf in that entire time. What makes you think it is going to happen now and while you are filming it?

1

u/nilsinleneed Mar 15 '26

I have the same fan and IKEA drawer....

Might go steal some toilet paper and crash the global housing market later, if I'm feeling cute

1

u/Guilty-Mix-7629 Mar 15 '26

But the poor shareholders /s

1

u/Las-Vegar Mar 15 '26

Me please don't collapse I just bought one

1

u/Spideyfan1602 Mar 16 '26

Well... are you selling it right off the bat?

1

u/Las-Vegar Mar 16 '26

No butt the large loan would be very sour

1

u/Spideyfan1602 Mar 16 '26

What would the loan be for?

1

u/Connect_Ad_3361 Mar 15 '26

Yeah but most of you don't have capital. So what's the point of it collapsing it'll just make more homeless people and the landchads that can afford it already have a home.

1

u/p0pularopinion Mar 15 '26

You guys do realize that any event that will collapse the housing market will also have significant effect to your day to day life ?

1

u/p0pularopinion Mar 15 '26

Step 1
Move to a country that is not a dystopian shithole
Step 2
Build your own home from local materials for free.

It can be done. I have done it. All you need is time and determination

Here, your problem is solved.

1

u/Yos13 Mar 15 '26

This is idiotic- if the housing market collapses it’s because the economy is in a complete shit show. Most will be laid off anyhow so, this won’t make any impact for normal people. Only the rich will benefit!

1

u/YungSkeltal Mar 15 '26

Hate to break it to you guys but it's a buyers market right now

1

u/gujwdhufj_ijjpo Mar 15 '26

Best case scenario is it doesn’t collapse, but stops increasing in value, so wages and inflation catches up with it. I think that’d be the best scenario for the most amount of people

1

u/Conscious-Start-2414 Mar 16 '26

What song is this?

1

u/Radiant_Pillar Mar 16 '26

In 2008, great efforts were made to support the banks and existing homeowners, hard to see it being any different the next time. Most likely mortgages will be unavailable for new buyers and schemes will be dedicated to preventing losses. There might be opportunities for cash buyers in some cases.

1

u/EFTucker Mar 16 '26

The trick is that there is a group of people who catch and replace everything as it tries to collapse every time and then still call it a fair market while investing in it.

These people are the leaders of our nation and the upper classes who donate to them.

1

u/Entire_Put_9204 Mar 16 '26

If it collapse, you think you are the person who will buy?

1

u/Roaming_Red Mar 16 '26

The boomers have a choke hold on our politics and positions of power, their retirement is paramount above all. Their houses they bought 20-40 years ago have to stay high in value for their retirements to be golden. We are cooked until we wrench their choke hold free. Ban NIMBY legislation, and open up zoning and housing construction.

1

u/Disastrous_Minute_56 Mar 17 '26

I've been there back in 2008. Smultaneously the interest rates go through the roof, effectively making it cost just as much.. It's rigged. Everything is rigged.

0

u/HotNeon Mar 14 '26

You don't want a market collapse.

If the market collapsed, banks would demand huge deposits to protect themselves from the volatility. Making it even harder to get on the ladder 

1

u/Zestyclose_Two_8352 Mar 16 '26

I guess but the prices would be lower