Mansions will be cheap in 10-20years

[uksucks]

Boomers will die, wealth will be passed down.

Unless you lived in the same city as your parents, most property inherited, will be sold, especially as rising cost of living, people will need the money to spend.

Who will buy the houses? Zoomers won't be able to afford multi million dollar homes, so prices will fall to meet demand.

 

[Bryce]

Homefuel post to be honest

 

[User28823]

nah, they'll be sold to blackrock who will then resell at higher prices

 

[Deleted member 137979]

Boomers will die, wealth will be passed down.

Unless you lived in the same city as your parents, most property inherited, will be sold, especially as rising cost of living, people will need the money to spend.

Who will buy the houses? Zoomers won't be able to afford multi million dollar homes, so prices will fall to meet demand.

genuinely fuck boomers

 

[uksucks]

nah, they'll be sold to blackrock who will then resell at higher prices

Black rock ain't buying every single land/mansion there is.

 

[User28823]

Black rock ain't buying every single land/mansion there is.

doesnt matter, they are buying a majority of them and they set the floor

 

[uksucks]

doesnt matter, they are buying a majority of them and they set the floor

That's cope.
I mean a 7000sq ft property, not a Georgian era castle. They are not buying the bulk of these

 

[User28823]

That's cope.
I mean a 7000sq ft property, not a Georgian era castle. They are not buying the bulk of these

billionaires are

u will own nothing and u will be happy

 

[rand anon]

Black rock ain't buying every single land/mansion there is.

If blackrock doesn’t then chinks from overseas will. It’s ober

 

[Foreverbrad]

Interesting take, but what do we define as a mansion?

The £600k one bedroom flat in London or the £100k 5-bedroom house up North? Is this a price issue or a space issue?

It’s true that population has stagnated in the west even counting immigration and yet we keep building more and larger homes and prices continue to rise across the board, which makes little sense.

I suspect the end game might be even more immigration and the larger homes get converted to multiple occupancy.

 

[uksucks]

Interesting take, but what do we define as a mansion?

The £600k one bedroom flat in London or the £100k 5-bedroom house up North? Is this a price issue or a space issue?

It’s true that population has stagnated in the west even counting immigration and yet we keep building more and larger homes and prices continue to rise across the board, which makes little sense.

I suspect the end game might be even more immigration and the larger homes get converted to multiple occupancy.

7000sq ft, not in urban areas

 

[Magnus Ironblood]

Ah worth staying alive just to receive my inheritance in the future Mmmmmm the thought of it makes me mmmm

 

[SecularIslamist]

Housing won't become affordable til population falls off a cliff and we are about 50-60 years away from that, not 10-20 years.

Even then, if most populations are concentrated in the city centres the countryside and rural areas will just be abandoned so it's irrelevant. Look at Japan. They have empty school buildings in rural towns, yet they live in boxes in Tokyo.

 

[uksucks]

Housing won't become affordable til population falls off a cliff and we are about 50-60 years away from that, not 10-20 years.

Even then, if most populations are concentrated in the city centres the countryside and rural areas will just be abandoned so it's irrelevant. Look at Japan. They have empty school buildings in rural towns, yet they live in boxes in Tokyo.

I'm not talking about regular housing for most people

I specifically mean $2-5MM homes

 

[Foreverbrad]

I'm not talking about regular housing for most people

I specifically mean $2-5MM homes

Rich people will just have second, third, fourth etc. homes and working wagies will continue to be crammed into progressively more tiny boxes.