I know I’m supposed to want it to keep going up as a wealth generator or whatever.
But like… I wouldn’t be able to afford the monthly payments if I bought my house right now and it’s scary. Also none of my friends are buying homes, none of them are even renting full places. Just like renting rooms.
So what are your feelings home owners of lemmy?
I 100% want a market crash. When I was fresh out of college and checking out possible houses, even in more rural areas, it just never seemed like I’d be able to own a home. It’s so much worse now than when I graduated. Literally cannot see a future where I own a home unless I inherit from my parents.
There will absolutely be a population crash in the US & other countries suffering from the housing crisis, nobody will feel like they can raise a family. None of my co-workers or friends foresee ever starting one if they can’t get a house.
Was watching a video on YouTube, some hyperactive landlord “influencer” type was removed how new homes were getting built in his town. Went on and on about how it’s bad for everyone if more homes get built and if prices went down. Of course, everyone was tearing him apart in the comments.
We need more homes, we need lower prices, unsure if it’ll happen though.
I’m 36, the majority of peers my age are childless, and plan on staying that way. Myself and my partner included. It’s too expensive, the climate is fucked, and I don’t need to bring another serf into the world for the assholes on top to exploit.
We need more well built homes. This is the hidden crisis inside the housing crisis. I have a friend who has actually paid for two homes but only owns one. It’s been one thing after another in large and serious issues.
Shoddy and fast housing has been a problem, but now we are also here ,just after all this flip culture. Be careful and thorough, if we ever get the chance to buy that is.