pull down to refresh

Sharing it here because I think Houses relate more to construction than any other territory.

  • Sales last month were the slowest for April since 2009, signaling a weak start to the spring selling season. They declined 2.0% on a year-over-year basis in April.
  • Existing home sales fall 0.5% in April
  • Median house price rises 1.8% to $414,000 from year ago
This is just more proof that the fiat system is fundamentally broken. We’ve reached a point where home sales are declining but prices are still rising — a symptom of structural dysfunction, not healthy market behavior. It's not about supply and demand anymore; it’s about cheap credit, monetary distortion, and artificial asset inflation. Real estate isn’t just a home — it’s been financialized into a hedge against inflation. But with rates rising and purchasing power collapsing, younger generations are boxed out.
Bitcoin fixes this. A hard cap. No bailouts. No central planning. Just sound money.
In a world where home ownership is slipping away, maybe the real “starter home” is a cold wallet with your first 100k sats. Just my 2cents.
reply
Housing prices are strongly related to fiat monetary system. Since neoliberal deregulation of the 1980s allowed commercial banks to issue fiat debt funding toward any purpose- not solely productive ones- house prices have escalated, pumped up with ever increasing debt leverage which rewarded speculators and banks all the way up. This was however a massive infringement and abuse upon the fundamental principles of Keynesian economic theory. While the price of money/debt declined from its 1980s highs, property prices steadily rose. Now that the price of money has bottomed out and is likely to rise, property prices are much more likely to stagnate if not decline. Many people will struggle to accept and cope with this change. The neoliberal FIRE economy has been played out and it leaves a huge pile of unproductive debt burdening the economies that allowed this massive abuse of Keynesian principles. This could be a major trigger to the collapse of the US banking system and US hegemony itself.
reply