Name: Why The F*CK Houses Are So Expensive EVERYWHERE?!
Uploaded: 2026-03-31T18:06:35.000Z
Duration: 16 min 2 s
Description: VoiceTubeの動画で発音を聞きながら英語表現を覚えよう！学べる英語：

過去形

I have just one question: why buying a house became so incredibly expensive?

And it's not just in the United States, but it's happening all across the globe.

法助動詞 A2

In Canada, even Elon Musk cannot possibly buy a house because of how expensive prices have got.

If you ask the average person in the UK, he will tell you that, "I will never be able to own a house because of how high prices have gotten." But that was not always the case.

If you go back historically, you will find out that buying a house was much more affordable in the past.

If you ask your parents, they were able to buy a house.

Your grandfather probably also had a house.

Yes, buying a house was expensive, but it was reasonable; the average person could actually do that.

But today, the birth rates are collapsing because the average young person cannot possibly start a family because he knows that, "If I can't possibly afford a roof over my head, how am I even going to start a family?

How am I even going to start getting kids?" It doesn't actually make sense, which is why a lot of people are suffering today.

But here is the biggest mystery: the real economy today is 5 times larger than it was back in the 1970s, for example.

So logically, why aren't we 5 times wealthier?

The economy grows, or the real economy grows, when people become more productive, when people start working much harder, when people produce a lot more.

So if you take today's economy and you compare it to 1970, the average person today is 5 times probably more productive than he was 50 years ago.

So logically, the average person should be able to afford 5 more houses, or buying a house is supposed to be 5 times easier.

the average person today finds it way more difficult to buy a house than ever.

The nominal GDP in 1970 was a trillion dollars, and

the nominal GDP today is about 31 trillion dollars.

But if we adjust these numbers for inflation, which means that we are going to take the real economy, the real GDP in the 1970s was 5 trillion dollars, today 24 trillion dollars.

So we have actually gotten a lot wealthier than we have ever been in history.

So why can't we basically afford the basic necessity: a roof over our head?

What if I told you that the bigger the economy gets, the poorer you are going to get?

What if I told you that they have actually scammed you with this economy?

Now, this is not an exaggeration; this is not me just trying to tell you something negative.

But in reality, if you just think about it, from today onwards, the bigger the US economy will get, the poorer you are going to get.

So, in 1971, when the United States abandoned the gold standard, the dollar is no longer holding value;

So the point of the US dollar is no longer to keep its value, but

the point of the dollar is to simply use it and to measure the value of things in the economy.

So we can use it to measure the value of the house, we can use it to measure the value of a company, we can use it to measure the value of anything in the economy, even your paycheck.

And that means that creating debt is a lot easier.

So in the past, creating debt was very difficult because every dollar is being backed by gold, which means that every debt is supposed to be backed by gold.

But now, because the dollar is not backed by anything, we can basically create debts because the dollar is not backed by anything.

And that presented a very serious problem for investors.

So imagine you are an investor in the 1970s, and

you're like, "Wait a second, all these dollars that I have are not being backed by anything," which means that the government will now keep printing money, which means that in 10 years from now, I'm no longer going to be super rich.

So I have to come up with a way to protect my wealth.

Secondly, because the dollar is no longer backed by anything, it means that now creating money is going to be a lot easier, which means that it presents us with very unique opportunities.

So Wall Street, like always, the most creative financial street in the world, came up with a strategy.

What if we take a really good product and turn it, and

I mean in this case the housing market, into the best investing vehicle?

When you're investing, there are 3 criteria of a very good investment.

Number 1, it's supposed to be a necessity.

If I'm selling you something that you want, you might want it today, and

So I might not be able to sell it, right?

It's going to be very difficult to do that.

So bread is a necessity for most people, so it's very easy to sell people a bread.

I don't have to convince you, "Oh, this is a really fantastic bread, it's going to feed you." No, you know that you got hungry, you're going to eat it, right?

If this is something that I need once, then it's a bad business because I just sold you once and it's over.

But if you need it all the time, like you have to renew it, for example, every month, every year, then it's a really great business because you will keep coming back.

First of all, it's a necessity, and then you're also renewing it all the time.

And that's why, for example, investors really love Apple, because Apple has taken technology and turned it into a necessity.

Most people cannot possibly imagine their lives without their iPhones.

Most people cannot possibly imagine their work without MacBooks, without Apple products.

And the beauty about it is that every September, a lot of people renew their iPhones, which means that it's a recurring thing.

Do you see why Apple became one of the most valuable companies in the world, and

now you have the entire world simply copying Apple's strategy?

And that's why everybody is even turning their business into a subscription business model, because that's how you create a sustainable business.

So if you have a product that doesn't hold its value, then it's very easy after that to sell it because its value is going to deteriorate.

That's why investors also love Apple, because Apple products hold their value.

So if you go to eBay and you try to buy a used Samsung or a used Android, its value instantly is evaporated.

But you can literally sell your used iPhone for a really good price because it holds its value.

So if you look at all of these basic criteria, you'll find out that a house by far fits all of these 3 criteria, and

that's why Wall Street realized that we have to turn a house into the best investing vehicle in the world.

Everybody in America is going to buy a house.

The banks are going to create these mortgages and will offer you a mortgage.

But the bank is not going to hold on to this mortgage, but

rather this mortgage is going to be sold to investors.

Most people are going to stay in their houses for the rest of their lives.

Or most likely, even if they sell their house, they will buy another house.

You got yourself a mortgage, and now you're paying your mortgage payments every single month, and

you will do that for the next 30 years, maybe for some people the next 40 years.

God forbid, if you are going to default on your house, your house still holds its value, which means that it can be sold.

So now a house became a really great investment.

And through mortgages, we can turn the entire US housing market into an investing vehicle.

So your mortgage is being sold to investors, and now this investor is receiving your mortgage payments.

So if you think that you are making your mortgage payments to your bank, unfortunately, I have to disappoint you.

You are actually making your mortgage payments to some investor who actually holds your mortgage.

So this investor might actually sell your mortgage to another investor.

So maybe the real owner of your mortgage could be some Chinese businessman in Shanghai, or it could be a Japanese pension fund, or an investing firm in Germany.

You don't even know who holds your mortgage.

So because Wall Street has turned the entire US market, or the housing market, into the perfect investing vehicle, you have the entire world who is actually investing in the US housing market.

So most of the mortgages are being owned by all of these investors.

It is very rare that the bank itself actually owns that mortgage.

So since there is so much money from all across the globe headed into the US housing market, because it doesn't matter what's happening in your country, you can always invest in the US housing market.

So much demand for these investments brought down the mortgage rates across the United States to the bare minimum by early 2000s, or I would say 2010s, because everybody was investing in the US housing market.

So it created this huge demand for houses.

It made it much easier for people to buy a house.