Why USA Housing May Never Recover

Why USA Housing May Never Recover

Contrary to most of the rest of the world, the USA has pretty big homes: average is about 1,000 square feet (90 square meters), the rest of the world is much lower, often only half. And then a lot of the USA homes have basements and garages that can make up for some extra room. Along with backyards and front lawns and wide streets, large retail spaces and other signs of REAL WEALTH, most of the world is a tight crowded high density environment, (ask some Mexican immigrants how their homes are). This is a real sign of how much richer the USA really is compared to most of the world included countries that make believe they are rich like JAPAN, South Korea, and most of Europe. Tight spaces, puny homes, no parking, no retail and such, crowded, very high cost of homes either to rent or buy (look at LONDON, insanely high prices for mostly shithole homes), etc.

So if the USA middle class is destined to contract, because the present mode of capitalism is in filter mode, meaning filtering out as many people from the middle class as possible by not giving them jobs, hiking up the prices of necessities, public debts and such we can whip up a quick calculation: if the USA middle class is made up of about 200 million people, with about 3 people per home, then you get about 70 million occupied homes. But as the middle class shrinks to maybe a target of 150 million people, you free up about 20 million homes since alot of families will double up, you can imagine 2 people extra for each home, like a garage turned into a room, and a basement turned into another.

So, how long will it take for the market to absorb 20 million extra empty homes that people left because they couldn’t afford the rent or mortgage, and bills like heating and electricity and such since they can’t get a decent paying job ?

Quite a long time, maybe forever, since the filter mode will keep on operating, since only the best, the most connected, or luckiest or whatever will land jobs and a lifestyle that will allow them to live in their own home (let alone grow a family).

The rest of the world will be much worse off: in their puny, super expensive homes (like the shithole of LONDON), they will have to deal with 6 people living in a couple of rooms, real poverty level, that is because the governments of relatively rich countries like Europe and JAPAN don’t give two ccks and a dck for the real living conditions of the future once was middle class, they don’t build decent sized homes for their contracting population anyways at a decent price since property must always be used as a weapon, as a proxy of human conflict for a fake and imposed resource scarcity on something that should have been free for all a long time ago given that housing is a standard technology, a commodity that costs little and could easily be organized to satisfy all needs, only then you couldn’t create the inequality of having or not the house that is the engine of a conflict based economy.

At least from this point of view, the USA is way richer and did all the right things by building large homes and a lot of them. This also explains why the USA prices are much more variable, the market is much more real compared to other countries where an Iron Clad Status Quo keeps prices high and forces them to remain high even when there are few buyers, especially in the cities where all the jobs are like London, Paris, Moscow, Rome etc. Of course New York City and San Francisco also come to mind…

Oh but all the governments and economists are always talking about the need for the economies to “Grow”, the economies must grow to pay back the debts. But at the same time they chant that housing prices going up “is good”, is a good sign of a “recovery”. How about making housing cost a lot less for a start ? Jackasses.

TOBOR ATE MAN

Robots don’t need homes. And that is what the general population are going to be replaced with.

[youtube]http://www.youtube.com/watch?v=nFkiaXptH7o[/youtube]
[youtube]http://www.youtube.com/watch?v=u1YIwKC3MlU[/youtube]

Once the general population of the United States become exterminated by the Wall Street Banking elite, The Federal Reserve, the Top 0.1% of wealth, then the “housing market” won’t even matter anymore. :banana-dance:

It’s going to be awesome when robots replace puny humans. :smiley:

Who needs humans anyway? They’re untrustworthy and ungrateful. They’re rebellious slaves. The Elite doesn’t want rebellious slaves. The Elite wants dutiful, loyal, zealous slaves.

You’re homeless? You’ve lost your job? Then you’ve lost your purpose. Why aren’t you dead already? The Elite don’t like useless, jobless slaves. Why aren’t you lining their pockets further instead of creating threads on ilovephilosophy.com? You’re disobedient, that’s why.

Homeless??? Nobody cares about the housing market anymore. Jobless people ought to go to the slaughter house.

The previous words may or may not have been sarcastic. :wink: O:)

I think these lyrics express your point exactly.

youtube.com/watch?v=sYPvMLPcJfo

I doubt America is in permanent filter mode. The average life expectancy of a house in America is 130 years, whereas in Japan it’s 30 years… and much of what is in a house is salvageable- copper and brass, recyclable wiring, masonry- and biodegradable wood. The paint, roofing, and sometimes glass has got to go, as well as concrete, but the rest can be salvaged.

The baby boomer population has to be factored into the US economy, as well as it’s effects on the global economy. Prior to the recession, the elderly had money… and it was fixed in investments meant one day to become liquid… investments in houses… which for the most part was stupid as they thought a SMALLER generation after them would leap to buy up all their houses… half of which in many parts of the country are well into their life expectancy in the first place, having been built for immigrant or worker neighborhoods at the turn of the 19th to 20th century. The US is dealing with a unsavory INFLUX of too much housing in relationship to the community capable or even willing to buy these places. As more people die, the higher the quality of these places will be in relationship to the decreasing valuation of the cost. This is okay… it needs to be this way, as the sudden shift to suburbanization means younger households will have access to grandpa and grandma’s suburban baby making residence. It will also insure the relative flexibility of the ‘construction’ market in breaking down derelect and long abandoned residences and recycling it in new constructions, be it brand new houses or add ons to reflect the diversification of the assmerican lifestyle (ass intended in assmerican) in terms of habitation.

The sudden collapse of the economy in the states shouldn’t be a shock- they elected a socialist word-monger that sent off every warning signal flair to the economy for the people who have money- the old, to get their money out and hide it well, or else Obama will take it from them, and deny it’s use to them when they really need it. It’s a win-win scenario for them to sit on their money… they have it as backup if they need it, and they can use the socialized system pretending they don’t have it… but the socialized system is guaranteed to be bugged and low quality given the lack of doctors in the US and lack of international availability (export countries mass producing them already sent them to Europe and Canada and Australia).

Anyway- as the old kick it, which they will- all those hippies did was smoke and do drugs and eat bad foods… the money will free up or be lost (both good for the economy), much will be recycled and reentered around reproductive aged families. In a few generations- given the standardization of US architecture and lifestyle (both rich and poor have similar tastes- poor and rich woemn have purses- be it bought at Hermes as a Birkin or a cheap purse from a flea market, both have beds, have cars or tables, bathrooms and living rooms, etc) it will balance out for the needs of the young with a eye to the long term… family building materialistic lifestyle that characterized mid 20th century america. However, the longevity of houses and products will likely increase… the houses built in the last 50 years will last much longer than 130 years. Computers are digitilizing what people value, and are standardizing while expanding mediums of communication… we’ll see a lean towards a very different sort of consumer market more based on cultural and technological innovation than mass production of technology or materials for short term gains. I think within two generations we’ll actually see a sudden freeze up of people buying new products such as microwaves. Right now on craigslist in most cities in north america (yes, I’ve checked) you can find microwaves for 10 dollars, if not flat out free. As people upgrade, they are of higher quality- the hand me downs last longer and are less likely to be gotten so readily rid of. As the asian markets turn inwards to internal consumption, their quality on manufacture will increase. I see africa at the end of the 21st century being where the US is right now, with China being where the US will be continuously 30 years behind the curve until the country restructures it’s population to wealth again… which most chinese know is coming eventually.

The US market is shrinking. It’s not because they are trying less hard, but from disastrously imported ideological compromises designed for Europeans populations that were paracitical in sucking the lifeforce out of america in the first place. Norway’s soverign wealth fund is a perfect example. Does anyone here think the US can have a sovereign wealth fund like that too? No, that would lead to a mass inflation situation where the dollar would periodically clone itself to keep up with it’s own interest at a rate faster than it can clone itself. The US economy still to this day drives the export economies of china, the sogo shosha of Japan, and of export centric germany… and as a benefit to germany, unlike it’s local neighbors, the US can actually pay for it’s goods as it still has a functioning economy that survived Obama’s best efforts to destroy it.

Obvious knee jerk reactions from the american far left in slowing down the natural resettlement of wealth in america are counter productive. The reoccupy housing movement in America in threatening bank’s ownership of houses in threatened markets is a very good example. The banks now have to spend effort in making certain it’s books are backed by real and liquid ready assests… and having hippies threaten the ownership of those assests with stunts is a no go, the banks have to move in and spend a lot of effort reassering it’s right to the property, building wide ranging SOPs back up by the common law tradition. The houses will devalue on their own, to a point where they are affordable. Stealing them from a bank isn’t going to speed up the process, it will make them hostile and focused on retention and add costs to the overall pricetags and costs of future mortgages. The occupt wallstreet is another big mistake- threatening to destroy and redistribute wealth that will instantly disappear upon redistribution into meaningless paper money (can’t spend it if we can’t make or import goods because wallstreet was destroyed along with the manufacturing hubs and shipping companies) isn’t going to make the money holders want to take any real risks. They are in a similar case as the elderly, just hide their money, and wait and see. Unlike the elderly, they are potentially immortal (though most won’t last more than a few generations) but are very aware a fuck up now can bankrupt them and put them out of business. The left in America is it’s own enemy. It has no plan forward that has a chance to succeed.

The underlying issues facing New York City, San Francisco, Anchorage Alaska, and increasingly southern florida is the utter lack of buildable space. Manhattan is a island with only so many bridges and a road system already at it’s max capacity, San Francisco is a peninsula with two main bridges in it’s north and west providing access to open lands for building, but that’s already pushed hard in terms of inner city access and access to the dock areas- it’s cross bay subway system (bart) and bus systems to the far north and south is maxed out and metered per zone… the farther you are from the city core, the more it will cost to travel… but the cheaper lands are farther out. Factor in the city code for the county of san francisco, and you have a situation where new buildings can’t be erected higher than buildings on elevation HIGHER than that next to it for aesthetics in attracting tourist, it traps the higher ceiling for new construction as to the ultimate size new buildings can be, and therefor how many people can live inside of it. Poor people must make a decision of living in a pretty city in ever smaller living space, or live farther away from the core where they work… adding cost to their expenses and reducing their ability to enjoy their extra space. Add to this San Jose in the south expanding northward up the peninsula, and you have a population trapped in over regulated shitholes. Millionaire invested Sausalito immediately north and the redwood forests prevent northern expansion over the golden gate bridge, despite very ample land available, and sky rocketing costs in east bay and high costs of commuting even if by public transit keeps everyone locked to neighborhoods linked to BART, and then double trapped by imported liberal culture and threat of crime into building gated communities keeping the oakland population out of a otherwise also poor township, largely based on cultural, racial, and behavioral lines.

Anchorage Alaska is a far more pathetic case, it’s very high cost of living is moderated by the oil dividends, but this isn’t enough to explain why it costs 900 to 1000 dollars to live in a one room apartment in resource rich and wide open Alaska. It’s on a flat of land pent in by two military bases to the north, a mountain range (both federal and state) to the east, water to the south and west. Add to this huge sections are city parks to keep wildlife safe (apparently they have a shortage of moose and bear in the state, and must make habitat available in the city so they can migrate out and living in the adjoining parks in the mountain that stretch on to infinity)… parks mostly inhabited by hundreds of freezing homeless, and you immediately grasp it’s a landloard paradise. You own a apartment complex in Alaska, your set. The property tax is very low- has to be as the city land’s extend through and over the mountains and would make many rural dwellers bankrupt instantly… but tax is insanely high. Environmental terrorists from the southern provinces in america keep the population stuck in it’s expensive limbo. The homeless survival rate in Alaska is ten years. The city parks and state-federal lands can be pushed back a few hundred acres without appreciable loss of frontier. Only three highway systems link far flung and fuel expensive suburbs outside the city, and each is pent up in it’s own geographic isolation, most north of the bases with commutes in literally arctic conditions on poorly maintained highways with thick sheets of ice on them half the year.

You can’t have this problem in a city such as seattle or des moines or in other countries such as sydney or perth. Hong Kong is another situation. San Francisco infact modeled it’s transportation off of Hong Kong, in being the first to adopt the Octopus Card for mass transportation. All the buildable land is taken, the population is fenced off into progressive economic zones that is legally recognized and not like in America only economically and secretly enforced… if your card says you don’t belong there, you’ll get removed fast. Hong Kong, as the Aztecs before them, have been ‘reclaiming’ land by filling in the ocean to build on. San Francisco did this with the Naval base on treasure island in it’s base, the dutch didn’t quite fill in anything, but they used dykes to keep the waters out (dykes that slowed the earth’s rotation by 50,000th of a degree per rotation in prematurely stopping the tides). However, not a long term solution for san francisco, given it’s arid environment, and unwillingness to use enviromentally unfriendly desalinization, they use a very complex harbor water management system to ‘naturally’ desalinize sea water and reclaim usable water in the bay. The whole system is inherently off balance, and contradicting as fuck, and lobbyist fight for what will be protected one year from the next… and the back up lake and well systems fluctuate fairly wildly too. Hopefully the melting of the glaciers will just down the whole damn city and give planet earth a sign of relief. Their delta project is unnatural and unsustainable, and fluctuates widely. The wrong kind of naturally occurring bacteria starts to grow in the delta, and they all freak out.

Now, compare all this to say, Christchurch in New Zealand, where a nice room can be rented for USD170.00 a month over San Francisco for something similar at USD900.00 a month. The difference is population size, the Ekistics of ordering the society in terms of transportation and proximity to work, maintenance and flexibility of it’s transportation system, and most importantly, no one giving a fuck about New Zealand’s existence. There is no rush to manufacture there, they have excess but well educated population that emigrates everywhere keeping population growth down, and their industries are wisely regulated and they don’t have to spend much on defense… the symbol for the New Zealand Airforce is the Kiwi… a small, blind, flightless bird. Most aircraft carriers that would be potentially hostile to is, say a chinese one… would run out of fuel before getting within strike range. Only threat is a deep blue navy, and they are common wealth or American or Russian… and the Ruskies don’t give a fuck about New Zealand, and Australia and America and France owns all the fuel depots on it’s approach and a long line of defensive treaties to trip up any advance in their direction. This can’t possibly be the case with the US which MUST maintain a large military for self defense as well as ordering the international flow of goods. If it let’s down it’s guard for a second, zealots or ideologists from everywhere will attack it… this is it’s WW2 and Cold War Legacy of coming out on top, not so much for actual policies it choose to pursue, would of happened to the Soviets or the Axis had they won, and was the case for European colonialism (much to their annoyance) when they held international power… people who your not even aware of in countries you don’t hold are interested in taking a bite out of you. Only Andorra and San Marino and Palou is immune to this, and in the first two cases, it wasn’t always that case… they had to always play their neighbors off one another.

From: kunstler.com/blog/2011/11/your-n … dream.html

Science is totally Arbitrary as expressed in viewtopic.php?f=4&t=176423 and Norway has 300 billion dollars in sovereign funds, they should lend all that money to Southern Europe, they shouldn’t be hogs. Give the money out free, it is free anways, the System creates free wealth and free lunches all the time.

You may also want to check out viewtopic.php?f=4&t=176611 The Myth of Science under the Natural Sciences forum of ilvphilosphy. Also, the USA has the best infrastructure worldwide, way better than most nations if measured in wide roads, large spaces, malls, homes (built cheaply though) etc. So why should the Chinese build the USA infrastructure ? They should just hire millions of Americans to do nothing at all and watch TV all day long, but give them a salary so they can consume the crap they build in all of those factories in China.

I am Tobor the 8 Man , and I am telling you to open your skull and through stuff in it. change how your brain works. How does the world look if your brain is an Atomic bomb that is exploding ? That is what I mean as in viewtopic.php?f=4&t=172275 you get the drift, please billions of people open your skulls tear it all apart and do wild experiments, put car engines in brains, step on the gas, put skyscrapers in giant brains…

Even if it was physically possible to do the things you write of, I suspect it would be deeply illegal to insert a car engine or skyscraper into someone’s head, and would almost certainly kill them.

Because more and more people are unable to afford them.

Do you want to know what is on the rise in the country? Homelessness.

So U.S. has millions of unoccupied homes, and a quickly rising homeless rate. How much sense does that make??? :-k

That’s what happens with too much government bureaucracy and corporate greed. It’s clear who the politicians have their interests in mind, with.

It should be interesting how automation will effect social inequality to even greater degrees within the coming years world wide.

You think the social upper classes are mean to the poor now just wait until they replace the poor altogether with machines making their physical labor the only thing they have to exchange economically obsolete.

Sorry sir, your entire existence is irrelevant as you are now obsolete serving no useful function in existing whatsoever.

Feel free to kill yourself so that you don’t become a inconvenience within our little technological utopia you bottom feeder.

Who knows, maybe the upper social classes might be so kind to let the poor sell themselves into human slavery in other areas of society so that they can exist in some manner when it concerns the current technological promise land that is being built for our chosen global elites. :laughing: