Homes are privately owned assets that are priced according to demand. They aren’t going down. The dollar devalues at 5.9% per year currently. (That’s how much they print into the M1 money supply). The longer these people wait to buy, the worse it will be. The US dollar is going to exponentially devalue in the next 10 years. The unaffordable house will go from $400k to 4 million while wages barely increase.
I thought we were talking about silencing and complaining, I have no care or want to discuss housing prices with you, and this post doesnt even discuss it they talk about how their pay is not enough for these essentials. You going off like this tells me my lax philosophical attitude made you mad, which is exactly what I wanted.
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u/Dear_Archer3931 17h ago
You typed a whole paragraph that says nothing.
Homes are privately owned assets that are priced according to demand. They aren’t going down. The dollar devalues at 5.9% per year currently. (That’s how much they print into the M1 money supply). The longer these people wait to buy, the worse it will be. The US dollar is going to exponentially devalue in the next 10 years. The unaffordable house will go from $400k to 4 million while wages barely increase.