Anonymous at Sat, 16 Mar 2024 20:43:45 UTC No. 16081869

>>16081863
Probably accurate purely based on inflation. However, something has to give in the next few years. Once the boomers are dead, there will be a major vacuum

Anonymous at Sat, 16 Mar 2024 21:28:01 UTC No. 16081959

>>16081869
We already have a big vaccum. There are 5 million empty homes in the USA which apparently has little to no effect on real estate prices.

Most likely scenario is that boomers dying in the suburbs will enable some rural redneck to get that house at some heavy cost. The rural parts will become depleted whereas the cities become fuller. Ongoing immigration will of course guarantuee that overall population does not decrease but increase which will cause rent to rise further.

Anonymous at Sat, 16 Mar 2024 22:38:33 UTC No. 16082055

>>16081959
What jobs would rural rednecks be able to get in big cities that would allow them to afford suburban housing?

Anonymous at Sun, 17 Mar 2024 01:03:43 UTC No. 16082270

>>16081863
No idea what his source is or the date (sometime in 2023 evidently), but <random website> says gas was $1.23 in 1983 so $13.39 in 2063 implies a $3.39 price in 2023 which is plausible.

Now instead of "if the last 40 years repeat" run the numbers for "if the last 4 years repeat 10 times".