I can imagine property values plateauing sooner than most expect, within a year perhaps. Then, once the market pops, people will take a breather to wait and see how low property prices will go before demand begins to rise again. Of course, if immigration issues continue to escalate, the government will surely just swoop in beforehand and buy up whatever properties aren't being sold after the crash to house them.
Discussion
We were actually interested in buying two smaller fixer-upper houses near here, as we're used to renovating, but the municipality bought both of them, renovated them, and now they house migrants.
That's where a lot of property has disappeared to. Impossible to compete with the state because they just offer more than the highest bidder.
It's the same with renting. Rentals all go to the state. No way to keep up.
sane people are nomads these days... unless there is low chances of eminent domain expropriation... the majority of Western governments are straight up cryptocommunist
The state loves illegal immigrants. The more the merrier! Lol. No one I've spoken to believes me when I tell them this.
Yes, they always act surprised that so many are coming and it's like 🥴
I'm always like "Do you really think a country as wealthy and with as many resources as ours would have second-rate border security? 😑"
Fr. I grew up next to the East German Wall and everyone be like "you can't use a wall to control people's movements".
lol but yet they live on a piece of land called a country that is surrounded by fences and walls that they cannot breach to get out without permission and call it freedom.