Ask Lemmy
A Fediverse community for open-ended, thought provoking questions
Please don't post about US Politics.
Rules: (interactive)
1) Be nice and; have fun
Doxxing, trolling, sealioning, racism, and toxicity are not welcomed in AskLemmy. Remember what your mother said: if you can't say something nice, don't say anything at all. In addition, the site-wide Lemmy.world terms of service also apply here. Please familiarize yourself with them
2) All posts must end with a '?'
This is sort of like Jeopardy. Please phrase all post titles in the form of a proper question ending with ?
3) No spam
Please do not flood the community with nonsense. Actual suspected spammers will be banned on site. No astroturfing.
4) NSFW is okay, within reason
Just remember to tag posts with either a content warning or a [NSFW] tag. Overtly sexual posts are not allowed, please direct them to either [email protected] or [email protected].
NSFW comments should be restricted to posts tagged [NSFW].
5) This is not a support community.
It is not a place for 'how do I?', type questions.
If you have any questions regarding the site itself or would like to report a community, please direct them to Lemmy.world Support or email [email protected]. For other questions check our partnered communities list, or use the search function.
Reminder: The terms of service apply here too.
Partnered Communities:
Logo design credit goes to: tubbadu
view the rest of the comments
Want prices to drop?
Stop buying houses.
Eventually the bubble will burst.
The economy will be shit for a few years. And Eventually things will return to normal.
Gee, I never thought about all these houses that I was buying without a second thought! Damn, no wonder the prices are going up like crazy!
Sarcasm aside, a lot of real estate is being bought by rich assholes and companies that keep rolling debt on top of debt and using their owned property as collateral for getting more loans and keep the ball rolling. This was the case in 80s Japan and is the current case of USA (almost like a repeat of 2008) and China. If the previous bursts are anything to go by, prices won't go down.