Follow

He is correct, you know.
This one hit hard.

@sardonicsmile aka the boomers don't want their house to lose value bc that means they won't be able to get a 3rd reverse mortgage.

@37712 @sardonicsmile Maybe do Your own House in a far away place little by little

@sardonicsmile He doesn't even touch on how fucking demented it is to own multiple homes and never drop the value much less being worried about the value of your own home unless you intend to sell it especially for people of advanced age (AKA Boomers).

Its value is ZERO while you're living in it and not selling it. It only has value intrinsic to the owner. Sure, you can be personally invested in it, but that doesn't change the number because if there's no intent to sell then that number doesn't even exist.

These people just holding extra homes forever are actually fucking insane and deserve to die for it. The other part about being against increasing supply is actually true, they're right to oppose increasing the supply, 1000% justified.

This isn't a supply issue, it's a lead induced mental health crisis among the elderly and an artificial scarcity issue created by (((asset managers))) like Black Rock.

His message isn't wrong but it's also not completely right. I get setting expectations low but there absolutely is a breaking point, I don't know what breaking looks like, but we're fast approaching it.
@sardonicsmile Imagine having children and also owning multiple home and not only never cutting them a deal to buy it or own it but charging them extortionist rent prices just to keep a roof over their heads. That's the kinds of sick fucks boomers are.
@Eiswald @sardonicsmile He makes some good points, but his fundamental premise is "Asset prices will never go down if the asset holders don't want them to," which, uh...
@Eiswald @sardonicsmile If we deport spics and pajeets, the supply of housing goes up due to vacancies.
@MeBigbrain @sardonicsmile Assuming asset managers don't swoop in, buy them up, and hold them ad infinitum. Fun fact: Blackrock owned homes can be squatted in with almost no one knowing you're even doing it because even they're not paying that close of attention.
@MeBigbrain @Eiswald @sardonicsmile if you wanna squat in indiana, you have to live on a property undchallanged for about a decade, then the state will consider it yours.
@Eiswald @MeBigbrain @sardonicsmile either way, a guy like me who can afford to eat some beans and rice once a day will never afford a home.
@Eiswald @MeBigbrain @sardonicsmile my mom said if i stopped buying fountain drinks from the gas station once in a while i could afford some extra food and i said "you think a 1.27 a couple times a week is gonna get me a substantial amount of food? tbh i'm prolly getting more energy from the sugar in the soda than what i could buy with a few bucks at the grocery store"
@Eiswald @reallyangry @sardonicsmile I've said before that hired goons to chase off squatters were the future

Looks like property wars might become a thing very soon
@MeBigbrain @reallyangry @sardonicsmile Security is expensive. It's a war of attrition that the squatters will win unless the owner is just suicidally hell bent on upkeeping it until they inevitably have to liquidate the very land that they were trying to protect just to pay the security they hired to protect it.

Honestly, if I were an evil man (or a jew), I could drive a land owner into desperation and then offer them a way out. Take it or leave it. When they're standing neck deep in shit the trash heap on the other side of the fence looks like green, green grass.

Cover their debts, take the land, they have a way out, and I got what I wanted.
@Eiswald @MeBigbrain @sardonicsmile i could kill someone trying to squat on my land, i don't ahve any tho.
@reallyangry @MeBigbrain @sardonicsmile That's great, however unless you can dodge a murder charge that's also a win condition for the guy who put the squatter up to it.
@Eiswald @reallyangry @sardonicsmile Or run it backwards; the jew is the big corporation buying up homes, so local Whites can collaborate to both squat on the properties and be the gangs that charge to "remove" the squatters, repeat until the jew decides it's not worth it. WHITE GANGS ARE MAKING A COMEBACK
@MeBigbrain @Eiswald @sardonicsmile this is actually, genuinely my current plan, and I'm not exaggerating one bit. I'm not sure how feasible house-squatting is, but I know that setting up a "temporary" living situation on billionare investor land is a lot more doable than most people realize.
also obligatory to the topic of squatting: https://poa.st/@[email protected]/posts/...
>make homes immune to asset management ownership
>only people (not corporations) can own a home - one primary, one secondary.
>follow HELLO HITLER with 25% mortgage payoff with child birth (child birth comes via verified marriage and paternity test)
>cap valuations based on fixed profit margins by builders
>zero speculation on anything housing market
@Red_Hat @sardonicsmile @MeBigbrain My solution to asset managers is way more fedposty. Outlaw mortgages entirely and or enforce strict limits on what can be done with homes under mortgages, EG. disallow renting them out. Either they pay their own debts or default. Punish and discourage mass ownership of homes by companies and even individuals outside of the scope of the number of the offspring they have (adoptions are not valid 'offspring' in this arrangement).

I've ranted about the last two points at length. Yes. Get houses out of the financialized asset market and return them to the commodities market like any sane economy handles it. Like ours did before financial instruments became a thing in the 1980s.
@sardonicsmile Nah, this guy is a total faggot and so is anyone who agrees with him.

The one thing he refuses to say is what happens if we deport all the people who don't belong in the USA (like him). There is more than enough housing, it's just a lot of it is tied up in shitskins who are brought in and given everything or nigger neighborhoods where it's a life and death situation to live if you are White.

Imagine if all the niggers were deported tomorrow? How many city neighborhood apartments would become great places to live?

Also, the statement he read out, trying to shame it, about how new housing means crime, completely correct.
People oppose new housing being built around them because they know it will be filled with shitskins who will raise the crime rate and ruin the surroundings.

The fact that whatever the fuck this thing is tries to shame normal people for not selling their houses for half price tells me everything I need to know. It's just another entitled invader.

Building new houses is not a solution because for every new home kikes bring in 10 more entitled shitskins like the one who made this video.

The solution to the housing crisis is mass deportation.

@GoonPatrol @sardonicsmile Yea aliens are problem too. But you must not forget greedy people like boomers that own more than one home.

@Stahesh @sardonicsmile Whats the percentage of the housing market is boomers with multiple homes they don't use vs the amount of housing taken up by the brown hordes?

After invaders who "own" their homes the second biggest drain on the housing market is professional slum lord companies who are under Black Rock and the like who buy up tons of housing using government money (your tax dollars at work, goy) and use it collect money from shitskins living on government rent subsidies.

The USA is now ~50% non White, old White people who can afford more than one home are a rounding error compared to that.

Boomers deserve their hate but to say that they are the sole or even primary cause of the housing shortage is so disingenuous I have to assume anyone doing it either has no idea what they are talking about or running cover for those really behind the problem.

@GoonPatrol @sardonicsmile Not only boomers and illegals. There is government, corporations, poor or obese reatards that have paid housing by government, jews and any other greedy people that hoards housing for themself and profit.

@sardonicsmile
These people don't understand the root of the problem: inflation (the classic definition: government money print).
In Weimar Germany the house prices went insane too but they returned to pre-war levels when the gold standard was reintroduced through the gold marks.
You simply need to eliminate the fed and go back to sound money.

Coming from some low-asian bugman it sounds more like a boast than a reality check.

@sardonicsmile

It's not affordable in the rich cunty neighborhoods that poor cunty people want to be in.

That's such bullshit. This bubble is already bursting in multiple states and without them, you can always purchase land and factory manufactured housing.
@sardonicsmile oh, there will be affordable housing, eventually, like Detroit
@sardonicsmile I hate to break it to you, but they were saying that in the early 90's when you got paid $8.25 an hour and needed 20% down and you were paying a 9.975% adjustable rate mortgage that went up as high as 14% after 18 months.
Then the market tanked and houses and credit were cheap.
Then the same thing happened again in 2006, housing was un-affordable, and the market tanked in 2008, and houses were cheap again.
They keep flooding the place with foreigners because jews make money off that market.
Sign in to participate in the conversation
Merovingian Club

A club for red-pilled exiles.