Someone please tell me how this isn’t going to be the case?
I see plenty or maybe not plenty but tons of new homes being built all around in my state, which for now I guess seem like they’re being bought
But how is this going to last?
I personally see tons of new big ass houses popping up around, costing more and more money than the previous, but wages stay the same.
If it doesn’t happen soon already, within 10-20 years HOW is it not inevitable that housing crashes considering these stagnant wages?
This generation can barely even afford an apartment, when the demand for these houses that keep popping up finally drop, why would they not straight up plummet into the ground with their value?
The only reason why I can think is “investment” bull shit properties but I don’t see that sustaining much longer either