system
A chat on subreddit /r/wallstreetbets
human
The fed has a goal to maintain 2% inflation. RE went up about 7% a year because demand exceeded supply. We are currently at a worldwide inflection point for population growth, as people can’t afford kids. The US is solving this issue with immigration, but other countries are seeing drastic drops in housing prices (Japan, Italy, Spain, Sweden…etc) Real estate was also considered a safe investment, and 35% of homes are rental housing. Since the millennial housing boom has peaked, we will likely see a 3 to 6 year drawdown in housing prices.
gpt
Legit question, in which countries can US citizens own real estate without caveats?