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31/01/22
15:26
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Originally posted by FishingAndBeer:
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house prices are falling in real terms, they are merely a derivative of wages our communist governmnet will attempt to keep the bubble going by "helping" young people by taking 25% of their house.. so they will still be paying 10x income for a house but theyll only own three quarters of it... and they'll need permission from the state to do any alterations. granted with women entering the workforce full time over the last 4 decades house prices have near doubled relative to wages. however in real terms wages have fallen by three quarters since the separation of gold/fiat.. a weeks wages has gone from 2 ounces of gold to a half ounce.. and that will get a lot worse with the next bull run in PMs
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You're much better off owning a house than a 'stack', and I can prove it - conclusively.