this post was submitted on 28 Feb 2025
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[–] [email protected] 26 points 8 hours ago

Any major housing crash will probably affect your ability to purchase a home. The real solution is laws limiting property investment combined with building new, dense housing in areas that already have services.

[–] [email protected] 42 points 12 hours ago (1 children)

fuck BlackRock and Merz with it!

[–] [email protected] 12 points 9 hours ago* (last edited 9 hours ago)

Vanguard and State Street too. All three together run the US, thanks to Reagan’s privatization of retirement accounts.

[–] [email protected] 38 points 11 hours ago (3 children)

During a collapse, what stops them from swooping in and buying up cheap property?

[–] [email protected] 52 points 11 hours ago
[–] [email protected] 9 points 10 hours ago* (last edited 10 hours ago)

the inability to be able to rent it at a profit usually. If they don't think they can get money out of it, they won't want to. If the economy hits a point where the housing market collapses, chances are they aren't going to want to risk the buy in knowing that they likely won't be able to sell for equal amount.

Or the much faster method: the "scary" government regulating it

[–] [email protected] 1 points 5 hours ago

The belief that it'll stay cheap and they won't make money

[–] [email protected] 22 points 11 hours ago

Millennials that bought in their 20s or early 30s are doing fine, gen Z in the other hand...

[–] [email protected] 3 points 11 hours ago

Been waiting since 2008.

[–] [email protected] 1 points 9 hours ago* (last edited 9 hours ago)

#blackrockmatters