Comments by "IIIRattleHeadIII" (@badass6300) on "The American Dream Isn't Dead... You Just Can't Afford It" video.

It's not even supply and demand. It's companies buying out homes or straight up building them and then price fixing based on what loan two median salaries can give you for the median home... Loans and public stocks need to go. Edit: My country went from 11 million population to 6 million population from the year 1990 to 2023, in that time we have built 3-4x more homes than there were in 1990. Yet the median home(which went down from 74m^2 to 48-51m^2) used to cost 2-3x individual median salaries, but now it costs 9-12x individual median salaries. So we have 3x more homes for almost 2x fewer people while the prices have gone 4x up. If it was supply and demand they'd be 8x cheaper than 30-35 years ago. Edit: Oh yeah and now the majority of homes are owned and built by private companies, private companies that are partly owned or heavily invested by politicians.
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Because then the investment of the politicians would be worth less. On top of that it's NOT a supply and demand issue, it's an issue of companies buying out homes or straight up building them and then price fixing the price of the median home based on the loan two median salaries can get. My country went from 11 million people to 6 million people from 1990 to 2023, while we now have built 3-4x more homes than we had in 1990, yet the median home, which shrank from 74-76m^2 down to 48-54m^2 btw, went from costing 2-3x individual median salaries to 9-12x individual median salaries. So we have almost 8x more homes per person yet the price is 4x higher...
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@zUJ7EjVD My country went from 11 million population to 6 million population from the year 1990 to 2023, in that time we have built 3-4x more homes than there were in 1990. Yet the median home(which went down from 74m^2 to 48-51m^2) used to cost 2-3x individual median salaries, but now it costs 9-12x individual median salaries. So we have 3x more homes for almost 2x fewer people while the prices have gone 4x up. If it was supply and demand they'd be 8x cheaper than 30-35 years ago. Edit: Oh yeah and now the majority of homes are owned and built by private companies, private companies that are partly owned or heavily invested by politicians.
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The main issue is authoritarian governments with too much power, working together with private companies for their mutual benefit while oppressing the masses, this is also known as fascism, not capitalism. And if you remove the private companies and private property you just have communism.
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@Syzygy_Bliss Home prices have far outpaced inflation and they part of inflation, so inflation is even lower than what they say if you take out homes from it.
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@Lam-ba-Lam Bulgaria.
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@mystraunt2705 The government working with private companies for their mutual benefit is also known as fascism, remove the private companies/property and it's communism. What it is not is capitalism nor socialism, because those are unrealistic ideologies that can't exist. Also they'd(the companies) buy out as many as needed. On top of that the government doesn't build houses, they hire private companies to build houses and they can charge whatever they want. Oh and yeah if voting mattered, we wouldn't be allowed to do it. XD
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@WarningStrangerDanger Minimum salary is not a good thing.
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@Vlad-bs1js That there would be the solution, the problem is that these companies are partially owned by politicians or heavily invested by politicians or straight up the politicians own the homes. That's what happens when you have an authoritarian government working together with private companies for their mutual benefits, it's called fascism. If you remove private companies/property it would be communism, but it wouldn't change a thing.
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@blake8510 Sad, but true.
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@Vlad-bs1js it is backwards in every sense of the word.
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@shanenice5380 waiting to sell or lend to a renter.
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