this post was submitted on 07 Feb 2024
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Breadtube if it didn't suck.
Post videos you genuinely enjoy and want to share, duh. Celebrate the diversity of interests shared by chapochatters by posting a deep dive into Venetian kelp farming, I dunno. Also media criticism, bite-sized versions of left-wing theory, all the stuff you expected. But I am curious about that kelp farming thing now that you mentioned it.
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The housing gatekeepers and unofficial enforcers of economic and racial housing segregation are struggling?
The stewards of Capital, the PMC, are trembling...
Good, no more Sunday brunches and tennis club for these shitbags
self reported
discard with predjudice
e: i mean id love for it to be true but small busniess owners are always 100% lying when speaking to the media about their expenses
Even if they are struggling, it’s probs because they’re too dumb to be running a business. They should’ve done a better job saving their ill-gotten six figure PPP loans that the government blindly forgave. Oh well.
They should’ve done a better job saving their ill-gotten six figure PPP loans that the government blindly forgave
any concentration of business people complaining they can't afford something is a direct call for more "loans" like that
also it pisses me off that landleeches are so offended by the idea that even if they are losing money every month, they are making it back in house price inflation death spiral, and that's if they are even losing money - repaying the principle on money you owe is not a real expense, if you think about it, it's actually the same as savings
it sure seems like a total price collapse in the real estate market has to be coming
I know there is a lot of bullshit propping prices up but that can only survive contact with "nobody is buying or renting anything" for so long
I want crypto crash levels of price collapse. I want to buy a house for the price of a Costco hotdog
it sure seems like a total ~~price~~ collapse ~~in the real estate market~~ has to be coming
Hopefully they suffer more hardships going forward 
But who will rentseek the rentseekers
BlackRock and they'll call it communism when wealth concentrates
the maoist uprising against the landlords was the largest and most comprehensive proletarian revolution in history, and led to almost totally-equal redistribution of land among the peasantry
We see you, we hear you. And we laugh
Also I feel like literally everyone knows a huge economic collapse is coming except our politicians and 
types
What's the emoji for the onion "laying back and letting America collapse on its own" person?
Thank you!
Housing prices crash I think about like 30% historically? It'll still be unaffordable lmao. Just 30% less unaffordable
Don't these people know that the Bidonomy is actually doing great?
The economy is booming, also homelessness is at an all time high and rose 12% in 2023. Booming economy though.
One of my colleagues talks about getting into real estate and it just confuses me because it seems like striking while the iron is freezing cold. Like, there's getting on on the ground floor and then there's getting in on the roof.
someone's gotta be left holding the bags
rent control but you have to be a real estate agent would be a great monkey's paw
Damn bro, should have diversified your portfolio, make stupid bets, win stupid prizes
"Private equity fund manager"
Its a really long way of saying "garden fertilizer".
please crash all prices in the first quarter of this year 
Judging by the 2008 crisis, we may have 2-3 years until prices actually bottom out
This guy is a big capital fuckwad investment shit-head. Perfect instance of being correct in the prediction but wrong on all the reasons.
The market has been a hot mess for years. Waaaay before the FED altered interest rates. The FED raised their interest rates near a huge spike in the average home sale. The average home sale is lower now than it was then and is decreasing. The bubble is deflating (it can still pop, though). So he's wrong about that. Like, demonstrably wrong. Embarrassingly wrong. Easily fact-checkably wrong to the point even the libs at Faux News should have picked up on that.
He's saying that has created renters. No, again. The rise in renters has been a trend for a looooong time now. The FED raised rates last year. The rise in renters was not a trend that started last year.
He is an investor. He doesn't like that the market value of houses is starting to drop. That means his portfolio is starting to devalue. His interests are for the bubble to continue to inflate. For Wallstreet fucks like him to continue to buy up homes and turn them into rentals. HE is the reason rentals are rising. Him and his class. Fuck this guy. I bet he tastes like bacon.
Good
Better get them a taxpayer-funded bailout ASAP!
Can't wait for the flood of articles and youtube videos about it, like the ones we're getting about the Chinese housing sector
I actually thought about putting one of those dumb awareness ribbons on my FB pfp that said 'realtor free account'
I wonder how likely this could spread when these troubled real estate assets begin to fail? I've heard a couple of communist commentators speak on it when we had the banking panic early last year but, I guess we'll still have to see how it plays out irl.
Are prices gonna go down then
