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IMPORT PRICES INCREASE. shocked ?
- Thread starter bgp
- Start date
we need enough inflation to get house prices back to where they were, i mean the all time highs
Quote from bgp:
the sharpone, do you understand what happens with inflation? costs go up of everything except stocks and housing. that would for sure make houses 50% cheaper and it will , because it's here and gaining momentum.
bgp
actually in inflation housing goes up faster than everything else
housing is not stocks
everyone needs a house, whether they buy it or rent it, it is owned by someone
and many other differences
Quote from thesharpone:
actually in inflation housing goes up faster than everything else
housing is not stocks
everyone needs a house, whether they buy it or rent it, it is owned by someone
and many other differences
How can make statements like this? We're in inflation right now. Is housing leading the pack of costs? As for everyone needing a house, does everyone need two or three houses? What about people renting, do they need a house too?
Quote from Ivanovich:
How can make statements like this? We're in inflation right now. Is housing leading the pack of costs? As for everyone needing a house, does everyone need two or three houses? What about people renting, do they need a house too?
i might be wrong not necessarily right, im no economist, but only my 2 cents
when all prices rise, so do the material used in housing, this will push the price of housing higher
people who used to own their homes on little or no down payment and now have defaulted, will need a place to live, where will they live?, at the same homes that have been foreclosed and bought by a wealthier person, who now rents it out
plus there are countries that r fucked-up to the core, i swear you would never live there, yet housing is at the same price as major US cities