this post was submitted on 16 Aug 2023
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A Boring Dystopia
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I would love for the market to plummet where I'm at. Housing as an investment that outpaces wage is a primary problem here, if it crashed maybe half my income wouldn't go to rent, and more and more people wouldn't be pushed to the streets while people's "investments" sit around empty, as they search for the perfect petless, 6 figure making tenant.
I should clarify...this is my only home. I'm anti-corpo buying property. It's not like my 2nd home or I'm renting something out.
I have one house...I saved for 20 years to buy it, and I'll be paying another 10 on it...it would destroy me if it lost 1/2 it's value.
But because of that you are against the idea that it just shouldn't take 20 years of saving and 10 years of payments for someone to have a decent home?