Housing Bubble 2: Return of the Ugly

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A community for discussing and documenting the second great housing bubble.

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The real estate market is in for sharp correction with losses that could take a decade to recover from, strategist says (www.businessinsider.com)

submitted 1 month ago by [email protected] to c/[email protected]

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[–] [email protected] 1 points 1 month ago

So long as politicians have a monetary incentive to avoid properly regulating housing because they themselves are landlords, it means that the supply and quality of housing will be restricted. Thr value of individual properties will always go up in the long term, but the barrier to entry will always be higher than I can clear. Even if I worked my ass off for a decade, I wouldn't be able to own my own home.

WTF am I supposed to do?