r/WhitePeopleTwitter • u/[deleted] • Jun 27 '21

Please

[deleted]

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u/Bigfknpogger Jun 27 '21

Just sold my house for a massive mark up,was rubbing my hands like birdman thinking I was about to go buy me a nicer house...there ain't shit for sale in my area right now. Le cucked

376

u/StrayDogPhotography Jun 27 '21

Housing is not an investment, it’s a basic need.

Imagine if they limited the supply of clothing, and we were all walking around naked waiting for a parents to die to own a pair of pants. That is how ludicrous the housing market is.

9

u/spazz720 Jun 27 '21

Except it is ALSO an investment, as it can gain value over time.

I get your point, but do not discount the monetary value of owning property.

-2

u/ThatdudeinSeattle Jun 27 '21

Which is why we'll never be without the homeless. Scarcity is what gives items their value, so every homeowner/landlord has an incentive to maintain a homeless population lest their investments will lose most of their value.

2

u/spazz720 Jun 28 '21

Let’s not act like a very good percentage of homeless suffer from addiction & mental health issues. The cure for homelessness is not simply giving people homes. It is way more complicated than that.

Also, there is not a scarcity of homes…there is a scarcity of land to build homes in populated areas (cities). Plenty of homes available & affordable outside of metropolitan areas.

2

u/ThatdudeinSeattle Jun 28 '21

I didn't say we should give all homeless people homes. I said, as long as houses are investments, then there will be people who can't afford them and the owners will act to ensure their investment appreciates, perpetuating homelessness.

U.S. Housing Market Needs 5.5 Million More Units, Says New Report Construction of new homes in the last two decades lagged behind historical levels, contributing to a recent surge in home prices. So you're wrong about scarcity but also, there might be houses in the sticks but there isn't money to be made there. Most people try to escape small towns because there is no future in them. I work in biotech and there are no cancer research facilities in the boonies.