• knfrmity@lemmygrad.ml
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    1 year ago

    I can’t wait until we have communal/social housing or at the very least a one person/family one home requirement.

  • SpaceDogs@lemmygrad.ml
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    1 year ago

    Gen Z here and I’d love a housing crash here in Canada. Sorry not sorry but I don’t see housing as some investment, I see it as a home to live in and have a life.

  • PolandIsAStateOfMind@lemmygrad.ml
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    1 year ago

    Unfortunately for them, in capitalism, bubble or no bubble, land and housing is nearly always safe investition so there will be no affordable housing for the most parts, just the mega landlord corpos will turn into giga landlord corpos.

  • Black AOC@lemmygrad.ml
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    1 year ago

    I don’t know if I want a housing crash more to hear the lamentations and wailings of landleeches, or to be able to afford one myself, tbh. Either way, I’d like to see it.

  • axus@lemm.ee
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    1 year ago

    I own a house, am not a millennial but am totally fine with a crash. My mortgage payment doesn’t care, my taxes might go down. Only people who should care are those moving or expecting their parents to die soon and have property to sell.

    To me it’s obvious, if prices are too high then build more.

    • orcrist@lemm.ee
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      1 year ago

      Of course the people who care are those who have money invested in housing. And you would think the solution is just to build more, but it’s more complicated than that because the investors need to get a return and they’ll work very hard to make sure they do.

  • tracyspcy
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    1 year ago

    Why not. When everything became a speculative asset and millions of square meters bought as investment and not for living, why there should not be a crash one day? All this already looks sick.