Fellow home owners, are you ready for the housing market to crash? - eviltoast

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?

  • QuarterSwede@lemmy.world
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    1 year ago

    Everything can be an asset to make money with. Before money it was bartering and you can bet your ass the home was an asset back then too. Humans value the creation of things. Assets of created thing will always exist.