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@noyoushutthefuckupdad @cbrooklyn112 :this:
As much as I can thank the owner of the house I'm currently in, it isn't worth 200k, it costed him 180k to build as he told me but in it's current state with the repairs there's to do it doesn't cost that (plus the market is bullshit).

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Dad (noyoushutthefuckupdad@shitposter.world)'s status on Friday, 08-Nov-2024 05:34:20 JST

Dad

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mangeurdenuage :gnu: :trisquel: :gondola_head: 🌿 :abeshinzo: :ignucius:

@mangeurdenuage at least my current house is livable and I don't have any deadlines for buying or selling anything. I can keep trying.

mangeurdenuage :gnu: :trisquel: :gondola_head: 🌿 :abeshinzo: :ignucius: likes this.

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mangeurdenuage :gnu: :trisquel: :gondola_head: 🌿 :abeshinzo: :ignucius: (mangeurdenuage@shitposter.world)'s status on Friday, 08-Nov-2024 06:09:37 JST

mangeurdenuage :gnu: :trisquel: :gondola_head: 🌿 :abeshinzo: :ignucius:

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@ooignignoktoo @noyoushutthefuckupdad @cbrooklyn112
It's more complicated than that.
It's not only that, the thing is that the "money printer" aka bonds are valued based on the GPD of a country, and the GDP is based originally on the industrial production (in france), but in 1967 they changed the definition of the GDP to include wealth exchanges/transfers, thus counting multiple time goods that are already produced/manufactured, and they also added tons of other inane stuff, like software development, prostitution, drug traffic, slavery, rent estimates etc...
Thus the GPD doesn't reflect true wealth, thus the value of bonds are completely fucked.
And if you add that bonds are bough back by other countries to finances their populations retirement for example then this shit becomes an international ogre.

For example, if France crashes, Norwegians looses their retirement pensions, just like France lost all it's social, pensions etc.... when the house market crashed in the US, because our bankers schemed this with the US and then re schemed from other scam to bail out all this money with the private entrepreneur sector which they killed by doing so.

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ooignignoktoo (ooignignoktoo@shitposter.world)'s status on Friday, 08-Nov-2024 06:09:38 JST

ooignignoktoo

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@noyoushutthefuckupdad @mangeurdenuage @cbrooklyn112 `Prices won't go down until there a correction on the free money printer running and immigration is under control creating an artificial boom on housing demand.

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Dad (noyoushutthefuckupdad@shitposter.world)'s status on Friday, 08-Nov-2024 06:09:39 JST

Dad

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@mangeurdenuage @cbrooklyn112 everything costs too much right now. there could be another housing market crash like in 2008, but people have been thinking that for a decade.

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mangeurdenuage :gnu: :trisquel: :gondola_head: 🌿 :abeshinzo: :ignucius: (mangeurdenuage@shitposter.world)'s status on Friday, 08-Nov-2024 06:13:23 JST

mangeurdenuage :gnu: :trisquel: :gondola_head: 🌿 :abeshinzo: :ignucius:

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@ooignignoktoo @cbrooklyn112 @noyoushutthefuckupdad This is just a tiny tip of the iceberg I just cited.
https://wtfhappenedin1971.com/