I know I’m supposed to want it to keep going up as a wealth generator or whatever.
But like… I wouldn’t be able to afford the monthly payments if I bought my house right now and it’s scary. Also none of my friends are buying homes, none of them are even renting full places. Just like renting rooms.
So what are your feelings home owners of lemmy?
Removed by mod
Agree, there won’t be any crash due to financial reasons. But in certain parts of the world it will become very difficult to keep living due to the climate and those areas will have their value decreased. I am from the South of Europe and here in some cities (even historically densely populated ones) the heat is unbearable for a quarter of the year or more.
Removed by mod
What’s your opinion of the fall out of the commercial real estate crash due to more WFH and the other effects? Certainly there is more commercial real estate than ever before to the point some is being rezoned due to lack of demand.
Removed by mod
As to those “pesky laws”. . .
The building codes are written in blood. Most things that are required in construction are the basic amount of safety required. They are not that restrictive.
Yeah OP is clueless.