Take a look at toronto or vancouver, to name a couple places in my country where no one has had to sell at or below sane asking prices for years.
>You have time, you have lots of time. The question here really is do you want to buy a home? If yes, there is always something you can do about it. You might not get a million dollar home, but theres always something you can buy.
You were originally saying that landlords buying up houses doesn't affect other people being able to buy a house. Sure, if we move the goalposts far enough and say 'it doesn't stop you from erecting 4 walls and a roof somewhere in the world', you're right. However, if you want a house anywhere near where it's likely to be of practical use, there is no question that landlords/investors scooping up houses absolutely affects those who need a house NOW and who are without the capital to compete against millionaires with multiple properties.
Also, if you say I/we 'have lots of time', that's implying that there's no marginal cost to having to rent for all that time. If that were the case all the time, why would anyone bother buying a house?
Take a look at toronto or vancouver, to name a couple places in my country where no one has had to sell at or below sane asking prices for years.
>You have time, you have lots of time. The question here really is do you want to buy a home? If yes, there is always something you can do about it. You might not get a million dollar home, but theres always something you can buy.
You were originally saying that landlords buying up houses doesn't affect other people being able to buy a house. Sure, if we move the goalposts far enough and say 'it doesn't stop you from erecting 4 walls and a roof somewhere in the world', you're right. However, if you want a house anywhere near where it's likely to be of practical use, there is no question that landlords/investors scooping up houses absolutely affects those who need a house NOW and who are without the capital to compete against millionaires with multiple properties.
Also, if you say I/we 'have lots of time', that's implying that there's no marginal cost to having to rent for all that time. If that were the case all the time, why would anyone bother buying a house?