Comments by "Debany Doombringer" (@debanydoombringer1385) on "Capitalism Myths: Part 2" video.

  1. @Thomas Commers As others have pointed out, that's not sustainable. The demand is still there. It will drive up prices for awhile, but as new houses are built that will stabilize prices. They are creating a fake bubble. They'll either dump them once prices increase to a point they want, or they'll lose value as the building market catches up with the buyers market. If they don't dump them, they are looking at longterm investment. I just purchased a house btw. We got it for $ 20,000 below asking price and $1,000 below appraisal. By investing less than $10,000 into finishing the renovation, it's value will increase by $40,000-$60,000. Part of the problem is people are picky about the home they purchase and want their "dream" house. I don't even really like this house very much, much less love it. It's a roof over my head and an investment into our future. That's it.
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