Some People Still Say the Housing Market Is Just Fine…

There is no end to the pundits on ThemTube who talk about the housing market.

Many point out that the median house prices hasn't dropped. And the Fed just lowered interest rates. The housing market is just fine, although a bit slow.

Some point out that the housing market is all set to crash like in 2008. With its accompanying buying opportunity.

Only a few are saying that this is a demographics thing. And so the market is going to go down, and down, and down.

Rarely do i hear someone talk about this with all its down market pieces. This is the fourth turning. This is a financial reset. This is a change in how we live. This is a correction of the greatest misallocation of resources ever.

The real estate market isn't going down, it is going to cease to exist.

Why can't anyone see this?

Each piece is easy to see, if you know enough about that part of the economy, still most people haven't put it all together.

Of, maybe they don't want to put it together.

Like, many people love the city life. Like going and hanging out in cafes and/or the night life. And they do not want to see the feces and the needles are taking over. Their city is gone. They really should move, but they are in denial, or are hoping things "go back to normal".

Even with your eyes shut, time marches on.

It is just so many changes all added on top of each other

• We are in the fourth turning.
• We are seeing demographic collapse all over the world
• We are seeing the end days of our current economic system
• We are entering the Greater Depression
• We are at the end of the Bigs (not to big to crumble and turn to dust)
• and many more larger cycles that we have not made words for.

It is not just that house prices are going to drop, it is that the way of living in suburbs is going out of style.

Buy rental properties ?

As long as the tax incentives stay, and banks continue to loan money on houses (with no recourse) and people continue to constrain themselves to city living, then buying rental property and renting it is a very good way to get rich.

However, if any one of these things goes away, then it is a losing proposition to rent property.

Many people try to sell the concept of becoming a landlord.
It was Robert Kiyosaki's go to when trying to get people out of the poverty mindset.
And they all tout all these reasons as reasons why you should invest in rental properties.

However, few of them realize that the whole concept doesn't work without all these things being in place.

Without the tax incentives, you would need to make 20% more to keep rent income the same.

Without the banks making mortgages, you would have to invest 20x the amount to get the same rental property. It is so much easier to bet with the banks money, than all of your money. Further, the way to make money, is to refinance and pull out the appreciation, thus putting free money in your pocket, and moving all the risk to the bank.

And like we are seeing in commercial real estate being sold for pennies on the dollar, we will soon see houses doing the same, as people find there is no reason to stay in the city. Those who can leave, will leave.

And it doesn't take too many of them leaving for the market to fall.
The benefits of rental properties will soon turn into nightmares.

(oh, i forgot the squatting problem, and the coming socialist price setting problem)

The everything bubble

People talk about the everything bubble. All of these markets are very bubbly. And they are all set to pop.

The trouble comes from believing that a bubble bursts, and markets get reset, and then things start again. At least that is what it seems happens in 2008. But that really was a re-inflating of the bubbles. We haven't experienced a real crash in most people's living memories.

This time it is different!

When all these bubbles go, there will be nothing left of the old system.

Sure, there are many banksters who believe they will be able to build their new system, just like the old system. And in fact, they are putting pieces in place to build their new control system on top of the old banking system.

There is just one big problem. We have already started moving to a new system. A world without banksters. A world without landlords. A world without crappy, soul sucking buildings.

People aren't going to go back to the old system. The banksters will be hunted down after the bubbles pop, instead of being allowed to buy up everything like they did last time, and the time before…

The real estate market is not crashing. It is going away.

Imagine trying to sell your million dollar suburban McMansion when ¾ of the city people are gone. Meaning 3 out of 4 houses are sitting vacant. Basically, imagine large cities like San Fran and its suburbs becoming ghost towns.

• A great number of people will be dying. Ageing boomers and VAXXXed people kicking the bucket.
• The "migrants" will be leaving. They will, one way or another, be leaving the north.
• Work from home means no longer needing to be in a city
• Inventions will come out that mean living off grid is so much easier.

All this happening while BlackRock tries to buy up areas and turn them into 15 minute prisons. Basically, everything that holds a city together and keeps house prices high, suddenly evaporates.

On top of that, our idea of "property rights" and real estate changes.

The real estate housing market is gone, invest accordingly.

All images in this post are my own original creations.